Eagers Automotive Full Year 2024 Earnings: EPS Misses Expectations

Simply Wall St

March 04, 2025

Eagers Automotive (ASX:APE) Full Year 2024 Results

Key Financial Results

Revenue: AU$11.2b (up 14% from FY 2023).
Net income: AU$205.1m (down 27% from FY 2023).
Profit margin: 1.8% (down from 2.9% in FY 2023). The decrease in margin was driven by higher expenses.
EPS: AU$0.80 (down from AU$1.11 in FY 2023).

revenue-and-expenses-breakdown — ASX:APE Revenue and Expenses Breakdown March 4th 2025

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

Eagers Automotive EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%.

The primary driver behind last 12 months revenue was the Car Retailing segment contributing a total revenue of AU$11.2b (100% of total revenue). Notably, cost of sales worth AU$9.19b amounted to 82% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to AU$802.2m (45% of total expenses). Explore how APE's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Specialty Retail industry in Australia.

Performance of the Australian Specialty Retail industry.

The company's shares are up 22% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Eagers Automotive has 3 warning signs (and 1 which is a bit concerning) we think you should know about.

Valuation is complex, but we're here to simplify it.

Discover if Eagers Automotive might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.