Transurban Group Full Year 2024 Earnings: Revenues Miss Expectations

In This Article:

Transurban Group (ASX:TCL) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$4.12b (flat on FY 2023).

  • Net income: AU$326.0m (up 409% from FY 2023).

  • Profit margin: 7.9% (up from 1.5% in FY 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Transurban Group Revenues Disappoint

Revenue missed analyst estimates by 1.5%.

Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Infrastructure industry in Oceania.

Performance of the market in Australia.

The company's shares are down 1.5% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Transurban Group has 2 warning signs we think 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.