Foxconn Technology Third Quarter 2024 Earnings: EPS: NT$0.69 (vs NT$0.76 in 3Q 2023)

Foxconn Technology (TWSE:2354) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$20.2b (down 9.5% from 3Q 2023).
• Net income: NT$969.1m (down 9.7% from 3Q 2023).
• Profit margin: 4.8% (in line with 3Q 2023).
• EPS: NT$0.69 (down from NT$0.76 in 3Q 2023).

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

Foxconn Technology Earnings Insights

Looking ahead, revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan.

Performance of the Taiwanese Electronic industry.

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

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Foxconn Technology (1 is a bit concerning) you should be aware of.

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