International Workplace Group First Half 2024 Earnings: EPS: US$0.016 (vs US$0.075 loss in 1H 2023)

International Workplace Group (LON:IWG) First Half 2024 Results

Key Financial Results

• Revenue: US$1.84b (down 1.2% from 1H 2023).
• Net income: US$16.0m (up from US$75.1m loss in 1H 2023).
• Profit margin: 0.9% (up from net loss in 1H 2023).
• EPS: US$0.016 (up from US$0.075 loss in 1H 2023).

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

International Workplace Group Earnings Insights

Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 years, while revenues in the Real Estate industry in the United Kingdom are expected to remain flat.

Performance of the British Real Estate industry.

The company's share price is broadly unchanged 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. See our latest analysis on International Workplace Group's balance sheet health.

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