E-Guardian Full Year 2024 Earnings: EPS Misses Expectations

E-Guardian (TSE:6050) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥11.4b (down 4.3% from FY 2023).
• Net income: JP¥1.06b (down 14% from FY 2023).
• Profit margin: 9.3% (down from 10% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: JP¥92.02 (down from JP¥123 in FY 2023).

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

E-Guardian EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.6%.

Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the IT industry in Japan.

Performance of the Japanese IT industry.

The company's shares are down 3.8% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of E-Guardian's balance sheet and an in-depth analysis of the company's financial position.

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