Jupiter Fund Management Full Year 2024 Earnings: Beats Expectations

Jupiter Fund Management (LON:JUP) Full Year 2024 Results

Key Financial Results

• Revenue: UK£364.1m (down 1.3% from FY 2023).
• Net income: UK£65.2m (up from UK£12.9m loss in FY 2023).
• Profit margin: 18% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
• EPS: UK£0.13 (up from UK£0.025 loss in FY 2023).

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

Jupiter Fund Management Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 20%.

Looking ahead, revenue is expected to decline by 3.1% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in the United Kingdom are expected to grow by 4.1%.

Performance of the British Capital Markets industry.

The company's shares are down 7.7% from a week ago.

Risk Analysis

Be aware that Jupiter Fund Management is showing 2 warning signs in our investment analysis and 1 of those can't be ignored...

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