Okinawa Electric Power Company Full Year 2024 Earnings: EPS Misses Expectations

Okinawa Electric Power Company (TSE:9511) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥236.4b (up 5.8% from FY 2023).
• Net income: JP¥2.39b (up from JP¥45.5b loss in FY 2023).
• Profit margin: 1.0% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses.
• EPS: JP¥44.02 (up from JP¥837 loss in FY 2023).

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

Okinawa Electric Power Company EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%.

Looking ahead, revenue is forecast to stay flat 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 shares are down 7.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Okinawa Electric Power Company you should know about.

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