WH Smith Full Year 2024 Earnings: EPS Misses Expectations

WH Smith (LON:SMWH) Full Year 2024 Results

Key Financial Results

• Revenue: UK£1.92b (up 7.0% from FY 2023).
• Net income: UK£67.0m (down 15% from FY 2023).
• Profit margin: 3.5% (down from 4.4% in FY 2023).
• EPS: UK£0.52 (down from UK£0.61 in FY 2023).

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

WH Smith EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 42%.

The primary driver behind last 12 months revenue was the Travel - Travel UK segment contributing a total revenue of UK£795.0m (41% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to UK£808.0m (71% of total expenses). Explore how SMWH's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Specialty Retail industry in the United Kingdom.

Performance of the British Specialty Retail industry.

The company's shares are down 2.4% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for WH Smith you should be aware 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.