Yahoo Finance FleetPartners Group First Half 2024 Earnings: Revenues Beat Expectations, EPS In Line
FleetPartners Group (ASX:FPR) First Half 2024 Results
Key Financial Results
Revenue: AU$367.5m (up 12% from 1H 2023).
Net income: AU$36.5m (down 7.4% from 1H 2023).
Profit margin: 9.9% (down from 12% in 1H 2023). The decrease in margin was driven by higher expenses.
EPS: AU$0.15.
All figures shown in the chart above are for the trailing 12 month (TTM) period
FleetPartners Group Revenues Beat Expectations
Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Finance industry in Australia.
Performance of the Australian Consumer Finance industry.
The company's shares are down 10% from a week ago.
Risk Analysis
Be aware that FleetPartners Group is showing 2 warning signs in our investment analysis that you should know about...
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