SuperAlloy Industrial Third Quarter 2024 Earnings: Misses Expectations

Simply Wall St

November 06, 2024

SuperAlloy Industrial (TWSE:1563) Third Quarter 2024 Results

Key Financial Results

Revenue: NT$1.72b (down 7.6% from 3Q 2023).
Net income: NT$189.0m (up 25% from 3Q 2023).
Profit margin: 11% (up from 8.1% in 3Q 2023). The increase in margin was driven by lower expenses.
EPS: NT$0.79 (up from NT$0.71 in 3Q 2023).

earnings-and-revenue-growth — TWSE:1563 Earnings and Revenue Growth November 6th 2024

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

SuperAlloy Industrial Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 8.7%. Earnings per share (EPS) also missed analyst estimates by 35%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Auto Components industry in Taiwan.

Performance of the Taiwanese Auto Components industry.

The company's shares are up 2.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for SuperAlloy Industrial that we have uncovered.

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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.