Stock Analysis
Lacto Japan (TSE:3139) Second Quarter 2024 Results
Key Financial Results
- Revenue: JP¥44.8b (up 7.5% from 2Q 2023).
- Net income: JP¥835.0m (up 102% from 2Q 2023).
- Profit margin: 1.9% (up from 1.0% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: JP¥83.86 (up from JP¥41.67 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lacto Japan Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 70%.
Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Consumer Retailing industry in Japan.
Performance of the Japanese Consumer Retailing industry.
The company's shares are up 8.4% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Lacto Japan (1 shouldn't be ignored!) that you should be aware of before investing here.
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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.
Valuation is complex, but we're helping make it simple.
Find out whether Lacto Japan is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About TSE:3139
Lacto Japan
Trades in agricultural and livestock products, processed products, food additives, food processing machinery, pharmaceuticals, quasi-pharmaceuticals, liquor and other beverages, and food products in Japan and internationally.
Undervalued with solid track record.