Nagase Full Year 2024 Earnings: EPS Misses Expectations

Nagase (TSE:8012) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥900.1b (down 1.4% from FY 2023).
• Net income: JP¥22.4b (down 5.2% from FY 2023).
• Profit margin: 2.5% (in line with FY 2023).
• EPS: JP¥195 (down from JP¥200 in FY 2023).

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

Nagase EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.4%.

Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat.

Performance of the Japanese Trade Distributors industry.

The company's shares are up 4.5% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Nagase's balance sheet health.

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