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- TWSE:3702
WPG Holdings Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
WPG Holdings (TWSE:3702) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$208.0b (up 33% from 2Q 2023).
- Net income: NT$1.63b (down 15% from 2Q 2023).
- Profit margin: 0.8% (down from 1.2% in 2Q 2023).
- EPS: NT$0.73 (down from NT$1.14 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
WPG Holdings Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) missed analyst estimates by 7.0%.
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Taiwan.
Performance of the Taiwanese Electronic industry.
The company's shares are up 2.2% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 4 warning signs for WPG Holdings (of which 3 make us uncomfortable!) you should know about.
Valuation is complex, but we're here to simplify it.
Discover if WPG Holdings 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.
About TWSE:3702
WPG Holdings
Distributes and sells electronic and electrical components, computer software, and electrical products in Taiwan, Mainland China, and internationally.
Established dividend payer and good value.