What To Expect From Fast Retailing Co Ltd (TSE:9983) Q4 2024 Earnings

Author's Avatar
Oct 09, 2024
Article's Main Image

Fast Retailing Co Ltd (TSE:9983, Financial) is set to release its Q4 2024 earnings on Oct 10, 2024. The consensus estimate for Q4 2024 revenue is 699.63 billion, and the earnings are expected to come in at 194.87 per share. The full year 2024's revenue is expected to be $3.07 billion and the earnings are expected to be $1,155.93 per share. More detailed estimate data can be found on the Forecast page.

Fast Retailing Co Ltd (TSE:9983, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Fast Retailing Co Ltd (TSE:9983) have risen from $3.03 billion to $3.07 billion for the full year 2024 and from $3.31 billion to $3.33 billion for 2025. Similarly, earnings estimates have increased from $1,080.96 per share to $1,155.93 per share for the full year 2024, and from $1,157.56 per share to $1,194.54 per share for 2025.

Fast Retailing Co Ltd (TSE:9983, Financial) Reported History

In the previous quarter of May 31, 2024, Fast Retailing Co Ltd's (TSE:9983) actual revenue was $767.50 billion, which beat analysts' revenue expectations of $746.91 billion by 2.76%. Fast Retailing Co Ltd's (TSE:9983) actual earnings were $381.22 per share, which beat analysts' earnings expectations of $295.53 per share by 28.99%. After releasing the results, Fast Retailing Co Ltd (TSE:9983) was up by 2.26% in one day.

1843985138623606784.png

Fast Retailing Co Ltd (TSE:9983, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 13 analysts, the average target price for Fast Retailing Co Ltd (TSE:9983) is $47,396.38 with a high estimate of $55,000 and a low estimate of $41,000. The average target implies a downside of -5.47% from the current price of $50,140.

Based on GuruFocus estimates, the estimated GF Value for Fast Retailing Co Ltd (TSE:9983, Financial) in one year is $41,015.76, suggesting a downside of -18.2% from the current price of $50,140.

Based on the consensus recommendation from 15 brokerage firms, Fast Retailing Co Ltd's (TSE:9983, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

1843985164217249792.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.