Activia Properties Third Quarter 2024 Earnings: EPS: JP¥4,258 (vs JP¥5,339 in 3Q 2023)

Activia Properties (TSE:3279) Third Quarter 2024 Results

Key Financial Results

• Revenue: JP¥7.85b (down 9.4% from 3Q 2023).
• Net income: JP¥3.37b (down 22% from 3Q 2023).
• Profit margin: 43% (down from 50% in 3Q 2023). The decrease in margin was primarily driven by lower revenue.
• EPS: JP¥4,258 (down from JP¥5,339 in 3Q 2023).

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

Activia Properties Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.3% decline forecast for the REITs industry in Japan.

Performance of the Japanese REITs industry.

The company's shares are down 2.3% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Activia Properties (2 can't be ignored) you should be aware of.

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