Stock Analysis
Daiwa House REIT Investment First Half 2024 Earnings: EPS: JP¥4,473 (vs JP¥4,795 in 1H 2023)
Daiwa House REIT Investment (TSE:8984) First Half 2024 Results
Key Financial Results
- Revenue: JP¥29.6b (flat on 1H 2023).
- Net income: JP¥10.4b (down 6.7% from 1H 2023).
- Profit margin: 35% (down from 38% in 1H 2023).
- EPS: JP¥4,473 (down from JP¥4,795 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Daiwa House REIT Investment Earnings Insights
Looking ahead, revenue is forecast to decline by 4.7% p.a. on average during the next 3 years, while revenues in the REITs industry in Japan are expected to remain flat.
Performance of the Japanese REITs industry.
The company's shares are up 2.0% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Daiwa House REIT Investment you should know about.
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About TSE:8984
Daiwa House REIT Investment
Our investment strategy is to target a diversified portfolio, focusing on logistics, residential, retail and hotel properties as our core asset classes, as well as other asset classes such as office buildings and healthcare properties.
6 star dividend payer with questionable track record.