Americana Restaurants International Second Quarter 2024 Earnings: EPS: US$0.01 (vs US$0.01 in 2Q 2023)

Americana Restaurants International (ADX:AMR) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$559.3m (down 14% from 2Q 2023).
• Net income: US$51.9m (down 40% from 2Q 2023).
• Profit margin: 9.3% (down from 13% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: US$0.01 (in line with 2Q 2023).

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

Americana Restaurants International Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Asia.

Performance of the market in United Arab Emirates.

The company's shares are down 3.5% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Americana Restaurants International's balance sheet.

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