SM Entertainment Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

SM Entertainment (KOSDAQ:041510) Full Year 2024 Results

Key Financial Results

• Revenue: ₩989.7b (up 3.0% from FY 2023).
• Net income: ₩18.3b (down 79% from FY 2023).
• Profit margin: 1.9% (down from 9.1% in FY 2023).
• EPS: ₩795 (down from ₩3,719 in FY 2023).

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

SM Entertainment Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 62%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in South Korea.

Performance of the South Korean Entertainment industry.

The company's shares are up 10.0% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for SM Entertainment that you should be aware of before investing here.

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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.