Costain Group Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Costain Group (LON:COST) Full Year 2024 Results

Key Financial Results

• Revenue: UK£1.25b (down 6.1% from FY 2023).
• Net income: UK£30.6m (up 39% from FY 2023).
• Profit margin: 2.4% (up from 1.7% in FY 2023).
• EPS: UK£0.11 (up from UK£0.081 in FY 2023).

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

Costain Group EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 3.9%.

The primary driver behind last 12 months revenue was the Transportation segment contributing a total revenue of UK£845.8m (68% of total revenue). Notably, cost of sales worth UK£1.15b amounted to 92% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£57.6m (79% of total expenses). Explore how COST's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Construction industry in the United Kingdom.

Performance of the British Construction industry.

The company's shares are down 7.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Costain Group that you need to take into consideration.

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