Stock Analysis

Lindsay Australia Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

ASX:LAU
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Lindsay Australia (ASX:LAU) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$816.0m (up 20% from FY 2023).
  • Net income: AU$27.3m (down 21% from FY 2023).
  • Profit margin: 3.3% (down from 5.1% in FY 2023). The decrease in margin was driven by higher expenses.
  • EPS: AU$0.088 (down from AU$0.11 in FY 2023).
earnings-and-revenue-growth
ASX:LAU Earnings and Revenue Growth August 22nd 2024

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

Lindsay Australia Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 5.5%.

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Transportation industry in Oceania.

Performance of the market in Australia.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Lindsay Australia that we have uncovered.

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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.