Computer Engineering & Consulting Full Year 2024 Earnings: EPS Beats Expectations

Computer Engineering & Consulting (TSE:9692) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥53.1b (up 10% from FY 2023).
• Net income: JP¥4.54b (down 12% from FY 2023).
• Profit margin: 8.5% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: JP¥135 (down from JP¥152 in FY 2023).

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

Computer Engineering & Consulting EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%.

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Japan.

Performance of the Japanese Software industry.

The company's shares are up 1.3% 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 Computer Engineering & Consulting's balance sheet and an in-depth analysis of the company's financial position.

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