Stock Analysis

United Utilities Group Full Year 2024 Earnings: Misses Expectations

LSE:UU.
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United Utilities Group (LON:UU.) Full Year 2024 Results

Key Financial Results

  • Revenue: UK£1.95b (up 8.1% from FY 2023).
  • Net income: UK£126.9m (down 38% from FY 2023).
  • Profit margin: 6.5% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses.
  • EPS: UK£0.19 (down from UK£0.30 in FY 2023).
revenue-and-expenses-breakdown
LSE:UU. Revenue and Expenses Breakdown June 20th 2024

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

United Utilities Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 24%.

In the last 12 months, the only revenue segment was Regulated UK Water and Wastewater Business contributing UK£1.95b. Explore how UU.'s revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Global Water Utilities industry.

Performance of the market in the United Kingdom.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for United Utilities Group (2 are concerning!) that you should be aware of before investing here.

Valuation is complex, but we're helping make it simple.

Find out whether United Utilities Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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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.

Valuation is complex, but we're helping make it simple.

Find out whether United Utilities Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com