Focus Media(SZ:002027) Huafu Securities·2024-10-30 00:40Group 1 - Investment Rating: Buy (maintained) [5][10] - Core Viewpoint: The company has shown steady revenue growth, with a focus on the performance in the fourth quarter due to significant e-commerce events [2][4] - Financial Performance: In the first three quarters of 2024, the company achieved revenue of 9.261 billion yuan, a year-on-year increase of 6.76%, and a net profit of 3.968 billion yuan, up 10.16% year-on-year [2][4] Group 2 - Revenue Forecast: The company is expected to generate revenues of 12.652 billion yuan, 13.593 billion yuan, and 14.421 billion yuan for 2024, 2025, and 2026 respectively [4][6] - Net Profit Forecast: The projected net profits for the same years are 5.316 billion yuan, 5.750 billion yuan, and 6.334 billion yuan [4][6] - Earnings Per Share (EPS): The EPS is forecasted to be 0.37 yuan, 0.40 yuan, and 0.44 yuan for 2024, 2025, and 2026 respectively [4][6]