Capgemini First Half 2024 Earnings: EPS Beats Expectations

Capgemini (EPA:CAP) First Half 2024 Results

Key Financial Results

• Revenue: €11.1b (down 2.5% from 1H 2023).
• Net income: €835.0m (up 3.2% from 1H 2023).
• Profit margin: 7.5% (up from 7.1% in 1H 2023). The increase in margin was driven by lower expenses.
• EPS: €4.88 (up from €4.71 in 1H 2023).

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

Capgemini EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.5%.

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in France.

Performance of the French IT industry.

The company's shares are down 2.9% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Capgemini's balance sheet and an in-depth analysis of the company's financial position.

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