WPP Full Year 2024 Earnings: EPS Misses Expectations

WPP (LON:WPP) Full Year 2024 Results

Key Financial Results

• Revenue: UK£14.7b (flat on FY 2023).
• Net income: UK£542.0m (up 391% from FY 2023).
• Profit margin: 3.7% (up from 0.7% in FY 2023).
• EPS: UK£0.50 (up from UK£0.10 in FY 2023).

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

WPP EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 26%.

Looking ahead, revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Media industry in the United Kingdom are expected to grow by 2.1%.

Performance of the British Media industry.

The company's shares are down 14% from a week ago.

Valuation

If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates WPP could be a good place to look. To explore our complete evaluation click here and get an understanding of what analysts are thinking about the company's future.

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