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Odakyu Electric Railway Reports Strong Financial Growth for 2024

Story Highlights
  • Odakyu reported a 6.4% increase in operating revenue for the nine months ended December 31, 2024.
  • Odakyu revised its forecast, projecting a 3.5% revenue increase for the fiscal year ending March 2025.
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Odakyu Electric Railway Reports Strong Financial Growth for 2024

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An update from Odakyu Electric Railway Co ( (JP:9007) ) is now available.

Odakyu Electric Railway Co., Ltd. reported a significant increase in its financial performance for the nine months ended December 31, 2024, with operating revenue rising by 6.4% and profit attributable to owners of the parent increasing by 39.8% compared to the previous year. The company has revised its earnings forecasts for the fiscal year ending March 31, 2025, reflecting a 3.5% increase in operating revenue and a slight increase in operating profit, despite a projected decrease in profit attributable to owners of the parent by 46.0%.

More about Odakyu Electric Railway Co

Odakyu Electric Railway Co., Ltd. is a Japanese company listed on the Tokyo Stock Exchange under the stock code 9007. It operates in the transportation industry, primarily focusing on railway services. The company is known for its extensive railway network in the Kanto region of Japan.

YTD Price Performance: 1.11%

Average Trading Volume: 1,579

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.39B

See more insights into 9007 stock on TipRanks’ Stock Analysis page.

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