Stock Analysis

Just Group First Half 2024 Earnings: EPS: UK£0.046 (vs UK£0.074 in 1H 2023)

LSE:JUST
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Just Group (LON:JUST) First Half 2024 Results

Key Financial Results

  • Revenue: UK£997.0m (up 11% from 1H 2023).
  • Net income: UK£48.0m (down 37% from 1H 2023).
  • Profit margin: 4.8% (down from 8.5% in 1H 2023). The decrease in margin was driven by higher expenses.
  • EPS: UK£0.046 (down from UK£0.074 in 1H 2023).
earnings-and-revenue-growth
LSE:JUST Earnings and Revenue Growth August 15th 2024

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

Just Group Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Insurance industry in the United Kingdom.

Performance of the British Insurance industry.

The company's shares are up 24% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Just Group's balance sheet and an in-depth analysis of the company's financial position.

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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.