Giken Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Giken (TSE:6289) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥29.5b (flat on FY 2023).
- Net income: JP¥2.44b (up 188% from FY 2023).
- Profit margin: 8.3% (up from 2.9% in FY 2023).
- EPS: JP¥90.98 (up from JP¥30.79 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Giken Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 3.3%.
Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan.
Performance of the Japanese Machinery industry.
The company's shares are up 2.6% from a week ago.
Risk Analysis
Be aware that Giken is showing 2 warning signs in our investment analysis that you should know about...
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About TSE:6289
Giken
Manufactures and sells construction machinery in Japan and internationally.
Flawless balance sheet average dividend payer.