Stock Track | Cowell e Holdings Soars 12.58% as 2024 Profit Jumps 156%, Beating Estimates

Stock Track
03-21

Shares of Cowell e Holdings (HKG:1415) surged 12.58% during Friday's intraday trading, following the release of its impressive 2024 financial results. The optical products company's strong performance significantly exceeded market expectations, driving investor enthusiasm.

According to a filing with the Hong Kong stock exchange on Thursday, Cowell e Holdings reported a remarkable 156% increase in attributable profit, reaching $119.1 million in 2024, up from $46.6 million in 2023. The company's earnings per share (EPS) climbed to $0.134, more than doubling the previous year's $0.053. Revenue also saw substantial growth, surging 170% to $2.49 billion from $923.8 million in the prior year.

The financial results outperformed analyst estimates, with Visible Alpha forecasting an EPS of $0.12 and revenue of $2.07 billion. The market's positive reaction was evident even before the current surge, with shares initially jumping 10% during Friday's morning trading. The significant beat on both profit and revenue forecasts appears to be driving the continued stock price appreciation throughout the trading session.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10