Treasury Wine Estates Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

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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).

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

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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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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