Asia-Pacific Strategy_ CY4Q_2H24 earnings monitor
2025-03-03 10:45
28 February 2025 | 11:46PM SGT Asia-Pacific Strategy: CY4Q/2H24 earnings monitor Earnings disappointment continued 510 companies in the MXAPJ index (67% of MXAPJ cap) have reported results. Actual CY24 earnings are tracking at 97% of full-year estimates (Bloomberg consensus). CY4Q24 profits of the companies that have reported grew 11% versus the previous year and -17% versus the previous quarter, while CY2024 profits were +18% yoy. Excluding financials, CY4Q24 revenues were +16% yoy (+2% qoq) and net margin ...