Australian Clinical Labs Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Australian Clinical Labs (ASX:ACL) Full Year 2024 Results
Key Financial Results
Revenue: AU$697.5m (flat on FY 2023).
Net income: AU$23.9m (down 33% from FY 2023).
Profit margin: 3.4% (down from 5.2% in FY 2023).
EPS: AU$0.12 (down from AU$0.18 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Australian Clinical Labs Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 13%.
Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Healthcare industry in Australia.
Performance of the Australian Healthcare industry.
The company's shares are up 3.9% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Australian Clinical Labs that you should be aware of.
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