Nippon Express HoldingsInc Third Quarter 2024 Earnings: EPS Misses Expectations

Nippon Express HoldingsInc (TSE:9147) Third Quarter 2024 Results

Key Financial Results

• Revenue: JP¥650.3b (up 20% from 3Q 2023).
• Net income: JP¥7.02b (up 38% from 3Q 2023).
• Profit margin: 1.1% (up from 0.9% in 3Q 2023).
• EPS: JP¥81.02 (up from JP¥57.63 in 3Q 2023).

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

Nippon Express HoldingsInc EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%.

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Logistics industry in Japan.

Performance of the Japanese Logistics industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Nippon Express HoldingsInc you should be aware of.

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