Stock Analysis
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- NZSE:OCA
Oceania Healthcare Full Year 2024 Earnings: Misses Expectations
Oceania Healthcare (NZSE:OCA) Full Year 2024 Results
Key Financial Results
- Revenue: NZ$274.6m (up 11% from FY 2023).
- Net income: NZ$31.5m (up 104% from FY 2023).
- Profit margin: 12% (up from 6.2% in FY 2023).
- EPS: NZ$0.044 (up from NZ$0.022 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Oceania Healthcare Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 51%.
Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Healthcare industry in New Zealand.
Performance of the New Zealander Healthcare industry.
The company's shares are up 1.8% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Oceania Healthcare (1 makes us a bit uncomfortable!) that you should be aware of before investing here.
Valuation is complex, but we're helping make it simple.
Find out whether Oceania Healthcare 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.
About NZSE:OCA
Oceania Healthcare
Owns and operates various care centers and retirement villages in New Zealand.
Reasonable growth potential and fair value.