Stock Analysis
Pigeon (TSE:7956) Third Quarter 2024 Results
Key Financial Results
- Revenue: JP¥24.7b (flat on 3Q 2023).
- Net income: JP¥1.85b (down 32% from 3Q 2023).
- Profit margin: 7.5% (down from 11% in 3Q 2023).
- EPS: JP¥15.49 (down from JP¥22.70 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Pigeon Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 8.3%. Earnings per share (EPS) also missed analyst estimates by 20%.
Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Household Products industry in Japan.
Performance of the Japanese Household Products industry.
The company's shares are down 9.9% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Pigeon has 3 warning signs we think you should be aware of.
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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.
About TSE:7956
Pigeon
Engages in the manufacture, sale, import, and export of baby and child-care products, maternity items, women’s care products, home healthcare products, and nursing care products in Japan and internationally.
