Stock Analysis

TECOM Group PJSC First Quarter 2024 Earnings: EPS: د.إ0.06 (vs د.إ0.051 in 1Q 2023)

Simply Wall St

May 04, 2024

TECOM Group PJSC (DFM:TECOM) First Quarter 2024 Results

Key Financial Results

Revenue: د.إ564.0m (up 9.8% from 1Q 2023).
Net income: د.إ292.5m (up 15% from 1Q 2023).
Profit margin: 52% (up from 50% in 1Q 2023). The increase in margin was driven by higher revenue.
EPS: د.إ0.06 (up from د.إ0.051 in 1Q 2023).

earnings-and-revenue-growth — DFM:TECOM Earnings and Revenue Growth May 4th 2024

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

TECOM Group PJSC Earnings Insights

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Real Estate industry in United Arab Emirates.

Performance of the Emirian Real Estate industry.

The company's shares are up 3.0% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with TECOM Group PJSC, and understanding them should be part of your investment process.

Valuation is complex, but we're helping make it simple.

Find out whether TECOM Group PJSC is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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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.