Reece Future Growth
Future criteria checks 1/6
Reece is forecast to grow earnings and revenue by 8.8% and 4.5% per annum respectively. EPS is expected to grow by 8.5% per annum. Return on equity is forecast to be 10.9% in 3 years.
Key information
8.8%
Earnings growth rate
8.5%
EPS growth rate
Trade Distributors earnings growth | 13.5% |
Revenue growth rate | 4.5% |
Future return on equity | 10.9% |
Analyst coverage | Good |
Last updated | 03 Nov 2024 |
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
6/30/2027 | 9,972 | 507 | 525 | 756 | 11 |
6/30/2026 | 9,396 | 451 | 533 | 730 | 12 |
6/30/2025 | 8,912 | 395 | 471 | 719 | 12 |
6/30/2024 | 9,105 | 419 | 493 | 751 | N/A |
3/31/2024 | 9,027 | 422 | 622 | 854 | N/A |
12/31/2023 | 8,950 | 425 | 752 | 957 | N/A |
9/30/2023 | 8,895 | 406 | 670 | 861 | N/A |
6/30/2023 | 8,840 | 388 | 589 | 766 | N/A |
3/31/2023 | 8,660 | 404 | 441 | 630 | N/A |
12/31/2022 | 8,481 | 421 | 293 | 493 | N/A |
9/30/2022 | 8,068 | 407 | 157 | 357 | N/A |
6/30/2022 | 7,654 | 392 | 22 | 222 | N/A |
3/31/2022 | 7,226 | 356 | 36 | 200 | N/A |
12/31/2021 | 6,797 | 320 | 50 | 179 | N/A |
9/30/2021 | 6,534 | 303 | 164 | 265 | N/A |
6/30/2021 | 6,271 | 286 | 279 | 352 | N/A |
3/31/2021 | 6,196 | 266 | 344 | 421 | N/A |
12/31/2020 | 6,122 | 247 | 408 | 489 | N/A |
9/30/2020 | 6,066 | 238 | 449 | 545 | N/A |
6/30/2020 | 6,010 | 229 | 490 | 601 | N/A |
3/31/2020 | 5,859 | 230 | N/A | N/A | N/A |
12/31/2019 | 5,707 | 230 | 298 | 406 | N/A |
9/30/2019 | 5,586 | 216 | 224 | 330 | N/A |
6/30/2019 | 5,464 | 202 | 150 | 254 | N/A |
3/31/2019 | 4,769 | 199 | N/A | N/A | N/A |
12/31/2018 | 4,074 | 196 | 35 | 139 | N/A |
9/30/2018 | 3,382 | 210 | 64 | 160 | N/A |
6/30/2018 | 2,689 | 225 | 93 | 181 | N/A |
3/31/2018 | 2,620 | 223 | N/A | 204 | N/A |
12/31/2017 | 2,551 | 221 | N/A | 228 | N/A |
9/30/2017 | 2,490 | 217 | N/A | 221 | N/A |
6/30/2017 | 2,429 | 212 | N/A | 215 | N/A |
3/31/2017 | 2,388 | 205 | N/A | 195 | N/A |
12/31/2016 | 2,346 | 198 | N/A | 175 | N/A |
9/30/2016 | 2,311 | 195 | N/A | 182 | N/A |
6/30/2016 | 2,276 | 192 | N/A | 190 | N/A |
3/31/2016 | 2,226 | 184 | N/A | 193 | N/A |
12/31/2015 | 2,176 | 175 | N/A | 196 | N/A |
9/30/2015 | 2,131 | 170 | N/A | 181 | N/A |
6/30/2015 | 2,085 | 166 | N/A | 166 | N/A |
3/31/2015 | 2,035 | 155 | N/A | 158 | N/A |
12/31/2014 | 1,985 | 144 | N/A | 150 | N/A |
9/30/2014 | 1,881 | 133 | N/A | 148 | N/A |
6/30/2014 | 1,776 | 123 | N/A | 146 | N/A |
3/31/2014 | 1,685 | 123 | N/A | 142 | N/A |
12/31/2013 | 1,595 | 124 | N/A | 137 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: REH's forecast earnings growth (8.8% per year) is above the savings rate (2.6%).
Earnings vs Market: REH's earnings (8.8% per year) are forecast to grow slower than the Australian market (12.4% per year).
High Growth Earnings: REH's earnings are forecast to grow, but not significantly.
Revenue vs Market: REH's revenue (4.5% per year) is forecast to grow slower than the Australian market (5.7% per year).
High Growth Revenue: REH's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: REH's Return on Equity is forecast to be low in 3 years time (10.9%).