Melrose Industries Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Melrose Industries (LON:MRO) Full Year 2024 Results

Key Financial Results

• Revenue: UK£3.47b (up 3.5% from FY 2023).
• Net loss: UK£49.0m (down from UK£1.00m profit in FY 2023).
• UK£0.037 loss per share (down from UK£0.001 profit in FY 2023).

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

Melrose Industries EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Aerospace & Defense industry in the United Kingdom.

Performance of the British Aerospace & Defense industry.

The company's shares are down 7.9% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Melrose Industries that you need to be mindful of.

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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.