Treasury Wine Estates Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Treasury Wine Estates (ASX:TWE) Full Year 2024 Results
Key Financial Results
Revenue: AU$2.81b (up 13% from FY 2023).
Net income: AU$98.9m (down 61% from FY 2023).
Profit margin: 3.5% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses.
EPS: AU$0.13 (down from AU$0.35 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Treasury Wine Estates Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 62%.
Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Beverage industry in Oceania.
Performance of the market in Australia.
The company's shares are up 5.0% from a week ago.
Risk Analysis
Be aware that Treasury Wine Estates is showing 3 warning signs in our investment analysis and 1 of those can't be ignored...
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