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- TSE:6861
Keyence Full Year 2024 Earnings: EPS Beats Expectations
Keyence (TSE:6861) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥967.3b (up 4.9% from FY 2023).
- Net income: JP¥369.6b (up 1.8% from FY 2023).
- Profit margin: 38% (down from 39% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: JP¥1,524 (up from JP¥1,497 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Keyence EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%.
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan.
Performance of the Japanese Electronic industry.
The company's shares are up 11% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on Keyence's balance sheet health.
Valuation is complex, but we're helping make it simple.
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About TSE:6861
Keyence
Keyence Corporation, together with its subsidiaries, engages in the development, manufacture, and sale of factory automation solutions in Japan, China, the United States, and internationally.
Flawless balance sheet with moderate growth potential.