Stock Analysis

Recruit Holdings Full Year 2024 Earnings: EPS Beats Expectations

TSE:6098
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Recruit Holdings (TSE:6098) Full Year 2024 Results

Key Financial Results

  • Revenue: JP¥3.42t (flat on FY 2023).
  • Net income: JP¥353.7b (up 31% from FY 2023).
  • Profit margin: 10% (up from 7.9% in FY 2023).
  • EPS: JP¥226 (up from JP¥169 in FY 2023).
revenue-and-expenses-breakdown
TSE:6098 Revenue and Expenses Breakdown June 26th 2024

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

Recruit Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%.

The primary driver behind last 12 months revenue was the Staffing segment contributing a total revenue of JP¥1.63t (48% of total revenue). The largest operating expense was General & Administrative costs, amounting to JP¥1.23t (77% of total expenses). Explore how 6098's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in Japan.

Performance of the Japanese Professional Services industry.

The company's shares are up 4.4% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Recruit Holdings' balance sheet.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.