AGL Energy Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

AGL Energy (ASX:AGL) Full Year 2024 Results

Key Financial Results

• Revenue: AU$13.6b (down 3.7% from FY 2023).
• Net income: AU$711.0m (up from AU$1.26b loss in FY 2023).
• Profit margin: 5.2% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
• EPS: AU$1.06 (up from AU$1.88 loss in FY 2023).

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

AGL Energy Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 27%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.5% growth forecast for the Global Integrated Utilities industry.

Performance of the market in Australia.

The company's shares are up 3.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for AGL Energy (1 can't be ignored!) that you should be aware of.

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