Team Group Third Quarter 2024 Earnings: Beats Expectations

Simply Wall St

November 15, 2024

Team Group (TWSE:4967) Third Quarter 2024 Results

Key Financial Results

Revenue: NT$6.20b (up 70% from 3Q 2023).
Net income: NT$144.9m (up 283% from 3Q 2023).
Profit margin: 2.3% (up from 1.0% in 3Q 2023). The increase in margin was driven by higher revenue.
EPS: NT$1.73 (up from NT$0.54 in 3Q 2023).

earnings-and-revenue-growth — TWSE:4967 Earnings and Revenue Growth November 15th 2024

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

Team Group Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 96%. Earnings per share (EPS) also surpassed analyst estimates by 65%.

Looking ahead, revenue is expected to decline by 13% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 17%.

Performance of the Taiwanese Semiconductor industry.

The company's shares are down 5.8% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Team Group (1 is a bit concerning!) that you need to be mindful of.

Valuation is complex, but we're here to simplify it.

Discover if Team Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.