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

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).

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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