Stock Analysis

Ezaki Glico Second Quarter 2024 Earnings: JP¥22.83 loss per share (vs JP¥56.41 profit in 2Q 2023)

TSE:2206
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Ezaki Glico (TSE:2206) Second Quarter 2024 Results

Key Financial Results

  • Revenue: JP¥75.0b (down 8.6% from 2Q 2023).
  • Net loss: JP¥1.45b (down by 141% from JP¥3.59b profit in 2Q 2023).
  • JP¥22.83 loss per share (down from JP¥56.41 profit in 2Q 2023).
earnings-and-revenue-growth
TSE:2206 Earnings and Revenue Growth August 20th 2024

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

Ezaki Glico Earnings Insights

Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Food industry in Japan.

Performance of the Japanese Food industry.

The company's shares are down 1.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Ezaki Glico that you need to take into consideration.

Valuation is complex, but we're here to simplify it.

Discover if Ezaki Glico might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.