FAN Communications Third Quarter 2024 Earnings: EPS: JP¥2.49 (vs JP¥5.57 in 3Q 2023)

FAN Communications (TSE:2461) Third Quarter 2024 Results

Key Financial Results

• Revenue: JP¥1.76b (down 2.3% from 3Q 2023).
• Net income: JP¥165.0m (down 55% from 3Q 2023).
• Profit margin: 9.4% (down from 21% in 3Q 2023). The decrease in margin was primarily driven by higher expenses.
• EPS: JP¥2.49 (down from JP¥5.57 in 3Q 2023).

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

FAN Communications Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Media industry in Japan.

Performance of the Japanese Media industry.

The company's shares are down 2.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for FAN Communications that you should be aware of.

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