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NEXON Co (NEXOF)
:NEXOF
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Earnings Data
Report Date
Feb 13, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.03Last Year’s EPS
-0.17Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -17.69%
|Next Earnings Date:Aug 09, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mix of strong growth in key areas such as record-breaking revenue and notable success in Western markets, particularly for The First Descendant. However, the call also highlighted challenges like the impact of FX on revenue, declines in specific franchises, and a significant net income decrease due to FX losses. The commitment to shareholder returns and strategic investments for long-term growth provide a positive outlook despite immediate challenges.Company Guidance
In the Q3 2024 earnings call, NEXON executives provided a comprehensive update on the company's financial performance and future guidance. The company reported record-breaking quarterly revenue of JPY 135.6 billion, a 13% year-over-year increase, and a record Q3 operating income of JPY 51.5 billion, up 11% year-over-year. However, the net income was below expectations at JPY 27 billion, down 23% year-over-year, primarily due to an FX loss of JPY 19.6 billion. Looking forward, NEXON expects Q4 revenues to range between JPY 83.8 billion to JPY 94.7 billion and anticipates operating income to be between a loss of JPY 1.3 billion to a profit of JPY 7.2 billion, excluding a JPY 6.5 billion impairment loss. The company is targeting a 50% revenue CAGR and a 70% operating income CAGR from 2023 to 2027, with annual revenue and operating income expected to reach JPY 750 billion and JPY 250 billion, respectively. Despite challenges, NEXON remains confident in its growth strategy, highlighted by plans to repurchase JPY 20 billion in shares and a revised shareholder return policy aiming for a minimum ROE of 10% to 15%.Record-Breaking Quarterly Revenue
NEXON delivered record-breaking quarterly revenue at JPY 135.6 billion, up 13% year-over-year, and record-breaking Q3 operating income at JPY 51.5 billion, up 11% year-over-year.
Dungeon&Fighter Mobile Success
The Dungeon&Fighter franchise delivered 142% growth year-over-year due primarily to the launch of Dungeon&Fighter Mobile in China.
MapleStory Outside Korea Performance
Revenue from PC MapleStory outside of Korea improved by 23% year-over-year, led by Japan, North America, and Europe.
The First Descendant Western Market Success
Approximately 75% of the global revenue for The First Descendant came from Western markets.
Shareholder Return Policy
Board of Directors authorized a JPY 20 billion share repurchase and doubled the year-end dividend forecast from JPY 7.5 per share to JPY 15.
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NEXOF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NEXOF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $16.62 | $15.88 | -4.45% |
| Aug 08, 2024 | $18.40 | $21.33 | +15.92% |
| May 14, 2024 | $16.24 | $18.00 | +10.84% |
| Feb 08, 2024 | $19.34 | $17.07 | -11.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does NEXON Co (NEXOF) report earnings?
NEXON Co (NEXOF) is schdueled to report earning on Feb 13, 2025, TBA Not Confirmed.
What is NEXON Co (NEXOF) earnings time?
NEXON Co (NEXOF) earnings time is at Feb 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NEXOF EPS forecast?
NEXOF EPS forecast for the fiscal quarter 2024 (Q4) is 0.03.
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