Stock Analysis

Cosmo Energy Holdings Full Year 2024 Earnings: Beats Expectations

TSE:5021

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).
TSE:5021 Earnings and Revenue Growth June 25th 2024

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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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.