Stock Analysis
- Japan
- /
- Specialty Stores
- /
- TSE:3186
NEXTAGE Second Quarter 2024 Earnings: EPS: JP¥49.19 (vs JP¥55.71 in 2Q 2023)
NEXTAGE (TSE:3186) Second Quarter 2024 Results
Key Financial Results
- Revenue: JP¥145.5b (up 30% from 2Q 2023).
- Net income: JP¥3.94b (down 11% from 2Q 2023).
- Profit margin: 2.7% (down from 4.0% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: JP¥49.19 (down from JP¥55.71 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
NEXTAGE Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Specialty Retail industry in Japan.
Performance of the Japanese Specialty Retail industry.
The company's shares are down 8.3% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for NEXTAGE (of which 1 doesn't sit too well with us!) you should know about.
Valuation is complex, but we're here to simplify it.
Discover if NEXTAGE might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About TSE:3186
NEXTAGE
Engages in the sale of new and used cars in Japan.