Hulic Full Year 2024 Earnings: Beats Expectations

Hulic (TSE:3003) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥591.6b (up 33% from FY 2023).
• Net income: JP¥102.3b (up 8.2% from FY 2023).
• Profit margin: 17% (down from 21% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: JP¥134 (up from JP¥124 in FY 2023).

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

Hulic Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 3.2%.

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Real Estate industry in Japan.

Performance of the Japanese Real Estate industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Hulic has 2 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

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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.