Lacto Japan Third Quarter 2024 Earnings: Beats Expectations

Simply Wall St · 10/18 22:07

Lacto Japan (TSE:3139) Third Quarter 2024 Results

Key Financial Results

  • Revenue: JP¥43.6b (up 18% from 3Q 2023).
  • Net income: JP¥890.0m (up 74% from 3Q 2023).
  • Profit margin: 2.0% (up from 1.4% in 3Q 2023). The increase in margin was driven by higher revenue.
  • EPS: JP¥89.37 (up from JP¥51.53 in 3Q 2023).
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TSE:3139 Earnings and Revenue Growth October 18th 2024

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

Lacto Japan Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) also surpassed analyst estimates by 22%.

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Consumer Retailing industry in Japan.

Performance of the Japanese Consumer Retailing industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Lacto Japan (1 is potentially serious) you should be aware of.