Stock Analysis

Nankai Electric Railway Full Year 2024 Earnings: Revenues Disappoint

Simply Wall St

May 01, 2024

Nankai Electric Railway (TSE:9044) Full Year 2024 Results

Key Financial Results

Revenue: JP¥241.6b (up 9.2% from FY 2023).
Net income: JP¥23.9b (up 64% from FY 2023).
Profit margin: 9.9% (up from 6.6% in FY 2023). The increase in margin was driven by higher revenue.
EPS: JP¥211 (up from JP¥129 in FY 2023).

earnings-and-revenue-growth — TSE:9044 Earnings and Revenue Growth May 1st 2024

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

Nankai Electric Railway Revenues Disappoint

Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Transportation industry in Japan.

Performance of the Japanese Transportation industry.

The company's shares are down 11% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Nankai Electric Railway has 2 warning signs we think you should be aware of.

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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.