Hioki E.E Full Year 2024 Earnings: Beats Expectations

Hioki E.E (TSE:6866) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥39.3b (flat on FY 2023).
• Net income: JP¥6.19b (down 2.2% from FY 2023).
• Profit margin: 16% (in line with FY 2023).
• EPS: JP¥455 (down from JP¥463 in FY 2023).

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

Hioki E.E Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 9.7%.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan.

Performance of the Japanese Electronic industry.

The company's shares are up 13% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Hioki E.E you should know about.

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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.