Yahoo Finance Tabcorp Holdings First Half 2024 Earnings: AU$0.28 loss per share (vs AU$0.023 profit in 1H 2023)
Tabcorp Holdings (ASX:TAH) First Half 2024 Results
Key Financial Results
Revenue: AU$1.22b (down 6.6% from 1H 2023).
Net loss: AU$636.8m (down from AU$51.7m profit in 1H 2023).
AU$0.28 loss per share (down from AU$0.023 profit in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tabcorp Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Hospitality industry in Australia.
Performance of the Australian Hospitality industry.
The company's shares are down 12% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Tabcorp Holdings that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
