NEC Networks & System Integration Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

Simply Wall St

June 28, 2024

NEC Networks & System Integration (TSE:1973) Full Year 2024 Results

Key Financial Results

Revenue: JP¥359.5b (up 12% from FY 2023).
Net income: JP¥15.3b (up 11% from FY 2023).
Profit margin: 4.3% (in line with FY 2023).
EPS: JP¥103 (up from JP¥92.74 in FY 2023).

TSE:1973 Earnings and Revenue Growth June 28th 2024

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

NEC Networks & System Integration Revenues Beat Expectations

Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Japan.

Performance of the Japanese IT industry.

The company's shares are up 4.0% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of NEC Networks & System Integration's balance sheet and an in-depth analysis of the company's financial position.

Valuation is complex, but we're here to simplify it.

Discover if NEC Networks & System Integration might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com