Yahoo Finance Vector First Half 2024 Earnings: EPS: NZ$0.02 (vs NZ$0.067 in 1H 2023)
Vector (NZSE:VCT) First Half 2024 Results
Key Financial Results
Revenue: NZ$571.0m (down 7.3% from 1H 2023).
Net income: NZ$20.2m (down 70% from 1H 2023).
Profit margin: 3.5% (down from 11% in 1H 2023).
EPS: NZ$0.02 (down from NZ$0.067 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Vector Earnings Insights
Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Global Integrated Utilities industry.
Performance of the market in New Zealand.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 4 warning signs for Vector (2 can't be ignored!) that you need to take into consideration.
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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.
