Auto Trader Group Full Year 2024 Earnings: Beats Expectations

[email protected] (Simply Wall St)
1 min read

Auto Trader Group (LON:AUTO) Full Year 2024 Results

Key Financial Results

  • Revenue: UK￡570.9m (up 14% from FY 2023).

  • Net income: UK￡256.9m (up 9.8% from FY 2023).

  • Profit margin: 45% (down from 47% in FY 2023). The decrease in margin was driven by higher expenses.

  • EPS: UK￡0.28 (up from UK￡0.25 in FY 2023).

earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Auto Trader Group Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%.

Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in the United Kingdom.

Performance of the British Interactive Media and Services industry.

The company's shares are up 9.1% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Auto Trader Group's balance sheet and an in-depth analysis of the company's financial position.

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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.

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