Stock Analysis
- United Kingdom
- /
- Capital Markets
- /
- LSE:IGG
IG Group Holdings First Half 2024 Earnings: EPS: UK£0.33 (vs UK£0.46 in 1H 2023)
IG Group Holdings (LON:IGG) First Half 2024 Results
Key Financial Results
- Revenue: UK£455.4m (down 11% from 1H 2023).
- Net income: UK£132.7m (down 32% from 1H 2023).
- Profit margin: 29% (down from 38% in 1H 2023). The decrease in margin was primarily driven by lower revenue.
- EPS: UK£0.33 (down from UK£0.46 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
IG Group Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Capital Markets industry in the United Kingdom.
Performance of the British Capital Markets industry.
The company's shares are down 6.5% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for IG Group Holdings that we have uncovered.
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About LSE:IGG
IG Group Holdings
A fintech company, engages in the online trading business worldwide.