LOTTE Full Year 2024 Earnings: Misses Expectations

LOTTE (KRX:004990) Full Year 2024 Results

Key Financial Results

• Revenue: ₩16t (up 3.9% from FY 2023).
• Net loss: ₩1.02t (loss widened by ₩1.00t from FY 2023).
• ₩14,389 loss per share (further deteriorated from ₩215 loss in FY 2023).

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

LOTTE Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates significantly.

Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 6.2% decline forecast for the Industrials industry in South Korea.

Performance of the South Korean Industrials industry.

The company's shares are up 1.3% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with LOTTE, and understanding these should be part of your investment process.

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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.