Stock Analysis

H.I.S Second Quarter 2024 Earnings: EPS Beats Expectations

TSE:9603
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H.I.S (TSE:9603) Second Quarter 2024 Results

Key Financial Results

  • Revenue: JP¥80.7b (up 42% from 2Q 2023).
  • Net income: JP¥1.30b (up from JP¥1.24b loss in 2Q 2023).
  • Profit margin: 1.6% (up from net loss in 2Q 2023).
  • EPS: JP¥17.33 (up from JP¥16.74 loss in 2Q 2023).
earnings-and-revenue-growth
TSE:9603 Earnings and Revenue Growth June 16th 2024

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

H.I.S EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 45%.

Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Hospitality industry in Japan.

Performance of the Japanese Hospitality industry.

The company's shares are up 3.7% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for H.I.S (1 is potentially serious!) 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.