Stock Analysis
- United Kingdom
- /
- Electrical
- /
- LSE:DSCV
discoverIE Group Full Year 2024 Earnings: EPS Misses Expectations
discoverIE Group (LON:DSCV) Full Year 2024 Results
Key Financial Results
- Revenue: UK£437.0m (down 2.7% from FY 2023).
- Net income: UK£15.5m (down 27% from FY 2023).
- Profit margin: 3.5% (down from 4.7% in FY 2023).
- EPS: UK£0.16 (down from UK£0.22 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
discoverIE Group EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%.
Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in the United Kingdom.
Performance of the British Electrical industry.
The company's shares are up 1.0% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for discoverIE Group you should know about.
Valuation is complex, but we're helping make it simple.
Find out whether discoverIE Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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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.
Valuation is complex, but we're helping make it simple.
Find out whether discoverIE Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About LSE:DSCV
discoverIE Group
Designs, manufactures, and supplies components for electronic applications worldwide.