Stock Analysis

United Breweries Full Year 2024 Earnings: EPS Misses Expectations

NSEI:UBL
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United Breweries (NSE:UBL) Full Year 2024 Results

Key Financial Results

  • Revenue: ₹184.5b (up 146% from FY 2023).
  • Net income: ₹4.10b (up 35% from FY 2023).
  • Profit margin: 2.2% (down from 4.1% in FY 2023). The decrease in margin was driven by higher expenses.
  • EPS: ₹15.51 (up from ₹11.50 in FY 2023).
earnings-and-revenue-growth
NSEI:UBL Earnings and Revenue Growth May 9th 2024

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

United Breweries EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.1%.

Looking ahead, revenue is expected to decline by 30% p.a. on average during the next 3 years, while revenues in the Beverage industry in India are expected to grow by 13%.

Performance of the Indian Beverage industry.

The company's shares are down 1.1% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with United Breweries, and understanding them should be part of your investment process.

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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.