Cosmo Energy Holdings Full Year 2024 Earnings: Beats Expectations

Cosmo Energy Holdings (TSE:5021) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥2.73t (down 2.2% from FY 2023).
• Net income: JP¥82.1b (up 21% from FY 2023).
• Profit margin: 3.0% (up from 2.4% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: JP¥938 (up from JP¥811 in FY 2023).

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

Cosmo Energy Holdings Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 12%.

Looking ahead, revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Japan.

Performance of the Japanese Oil and Gas industry.

The company's shares are up 3.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Cosmo Energy Holdings that you need to take into consideration.

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