Kitagawa SeikiLtd Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Kitagawa SeikiLtd (TSE:6327) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥5.93b (down 8.2% from FY 2023).
• Net income: JP¥632.0m (down 10.0% from FY 2023).
• Profit margin: 11% (in line with FY 2023).
• EPS: JP¥84.92 (down from JP¥99.06 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Kitagawa SeikiLtd EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 1.5%.

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Machinery industry in Japan.

Performance of the Japanese Machinery industry.

The company's shares are down 5.5% from a week ago.

Risk Analysis

Be aware that Kitagawa SeikiLtd is showing 3 warning signs in our investment analysis that you should know about...

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