My Humble House Hospitality Management Consulting Third Quarter 2024 Earnings: Misses Expectations

My Humble House Hospitality Management Consulting (TWSE:2739) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$1.13b (down 1.7% from 3Q 2023).
• Net loss: NT$89.0m (down by 167% from NT$132.0m profit in 3Q 2023).
• NT$0.97 loss per share (down from NT$1.44 profit in 3Q 2023).

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

My Humble House Hospitality Management Consulting Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 15%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Hospitality industry in Taiwan.

Performance of the Taiwanese Hospitality industry.

The company's shares are down 8.6% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for My Humble House Hospitality Management Consulting (1 is significant!) that you should be aware of before investing here.

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