Stock Analysis
- New Zealand
- /
- Banks
- /
- NZSE:HGH
Heartland Group Holdings First Half 2024 Earnings: EPS: NZ$0.053 (vs NZ$0.073 in 1H 2023)
Heartland Group Holdings (NZSE:HGH) First Half 2024 Results
Key Financial Results
- Revenue: NZ$119.1m (down 10% from 1H 2023).
- Net income: NZ$37.6m (down 23% from 1H 2023).
- Profit margin: 32% (down from 37% in 1H 2023). The decrease in margin was driven by lower revenue.
- EPS: NZ$0.053 (down from NZ$0.073 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Heartland Group Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Banks industry in Oceania.
Performance of the market in New Zealand.
The company's shares are down 4.0% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Heartland Group Holdings that you should be aware of before investing here.
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About NZSE:HGH
Heartland Group Holdings
Heartland Group Holdings Limited provides various financial services in New Zealand and Australia.
Established dividend payer and fair value.