M.P. Evans Group Full Year 2024 Earnings: EPS Beats Expectations

M.P. Evans Group (LON:MPE) Full Year 2024 Results

Key Financial Results

• Revenue: US$352.8m (up 15% from FY 2023).
• Net income: US$87.9m (up 67% from FY 2023).
• Profit margin: 25% (up from 17% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$1.66 (up from US$0.98 in FY 2023).

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

M.P. Evans Group EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Food industry in the United Kingdom.

Performance of the British Food industry.

The company's shares are up 6.2% 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 M.P. Evans Group (1 makes us a bit uncomfortable!) 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.