Chubu Electric Power Company Full Year 2024 Earnings: EPS Beats Expectations

Chubu Electric Power Company (TSE:9502) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥3.61t (down 9.4% from FY 2023).
• Net income: JP¥403.1b (up by JP¥364.9b from FY 2023).
• Profit margin: 11% (up from 1.0% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: JP¥533 (up from JP¥50.56 in FY 2023).

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

Chubu Electric Power Company EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%.

Looking ahead, revenue is expected to fall by 1.7% p.a. on average during the next 3 years compared to a 1.6% decline forecast for the Electric Utilities industry in Japan.

Performance of the Japanese Electric Utilities industry.

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

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Chubu Electric Power Company (2 are a bit concerning) 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.