Argosy Property Past Earnings Performance

Past criteria checks 0/6

Argosy Property's earnings have been declining at an average annual rate of -20.2%, while the REITs industry saw earnings growing at 14.5% annually. Revenues have been growing at an average rate of 3.8% per year.

Key information

-20.2%

Earnings growth rate

-23.0%

EPS growth rate

REITs Industry Growth	12.2%
Revenue growth rate	3.8%
Return on equity	-8.6%
Net Margin	-73.8%
Last Earnings Update	30 Sep 2023

Recent past performance updates

Recent updates

Argosy Property Limited's (NZSE:ARG) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Mar 20

Revenue & Expenses Breakdown
Beta

How Argosy Property makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NZSE:ARG Revenue, expenses and earnings (NZD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 23	151	-111	11
30 Jun 23	148	-96	11
31 Mar 23	145	-81	11
31 Dec 22	140	19	11
30 Sep 22	135	120	11
30 Jun 22	133	178	11
31 Mar 22	132	236	12
31 Dec 21	133	245	12
30 Sep 21	135	254	11
30 Jun 21	133	248	11
31 Mar 21	131	242	11
31 Dec 20	128	199	11
30 Sep 20	124	157	11
30 Jun 20	122	138	11
31 Mar 20	121	119	11
31 Dec 19	123	131	11
30 Sep 19	124	144	11
30 Jun 19	125	139	11
31 Mar 19	126	134	11
31 Dec 18	125	138	11
30 Sep 18	123	142	10
30 Jun 18	122	120	10
31 Mar 18	120	98	10
31 Dec 17	119	84	10
30 Sep 17	118	71	9
30 Jun 17	122	87	9
31 Mar 17	125	104	9
31 Dec 16	126	96	9
30 Sep 16	127	89	9
30 Jun 16	125	84	9
31 Mar 16	122	79	9
31 Dec 15	121	76	9
30 Sep 15	120	73	8
30 Jun 15	118	69	8
31 Mar 15	116	64	8
31 Dec 14	113	79	8
30 Sep 14	109	93	7
30 Jun 14	107	89	7
31 Mar 14	105	86	7
31 Dec 13	100	75	7
30 Sep 13	96	65	8
30 Jun 13	92	52	7

Quality Earnings: ARG is currently unprofitable.

Growing Profit Margin: ARG is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ARG is unprofitable, and losses have increased over the past 5 years at a rate of 20.2% per year.

Accelerating Growth: Unable to compare ARG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ARG is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-45%).

Return on Equity

High ROE: ARG has a negative Return on Equity (-8.65%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Analysts Target

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Argosy Property Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First half 2024 earnings released: FFO per share: NZ$0.04 (vs NZ$0.041 in 1H 2023)

Argosy Property Limited to Report First Half, 2024 Results on Nov 29, 2023

Full year 2023 earnings: EPS and revenues miss analyst expectations

First half 2023 earnings released: EPS: NZ$0.013 (vs NZ$0.15 in 1H 2022)

Argosy Property Limited to Report First Half, 2023 Results on Nov 22, 2022

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Recent updates

Argosy Property Limited, Annual General Meeting, Jun 18, 2024

Upcoming dividend of NZ$0.017 per share

Dividend of NZ$0.017 announced

First half 2024 earnings released: FFO per share: NZ$0.04 (vs NZ$0.041 in 1H 2023)

Argosy Property Limited to Report First Half, 2024 Results on Nov 29, 2023

Upcoming dividend of NZ$0.017 per share at 5.7% yield

Upcoming dividend of NZ$0.017 per share at 5.9% yield

Chief Executive Officer exercised options to buy NZ$316k worth of stock.

Full year 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 44%

Insufficient new directors

Upcoming dividend of NZ$0.017 per share at 5.7% yield

Upcoming dividend of NZ$0.017 per share

First half 2023 earnings released: EPS: NZ$0.013 (vs NZ$0.15 in 1H 2022)

Argosy Property Limited Reiterates Dividend Guidance for the Full Year

Argosy Property Limited to Report First Half, 2023 Results on Nov 22, 2022

Upcoming dividend of NZ$0.018 per share

Chief Financial Officer recently bought NZ$120k worth of stock

Consensus forecasts updated

Price target decreased to NZ$1.32

Upcoming dividend of NZ$0.017 per share

Chief Executive Officer exercised options to buy NZ$136k worth of stock.

Now 21% undervalued after recent price drop

Price target decreased to NZ$1.36

Argosy Property Limited Provides Dividend Guidance for the Full Year 2023

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Argosy Property Limited (NZSE:ARG) acquired 100 Maui Street for NZD 33.1 million.

Argosy Property Limited to Report Fiscal Year 2022 Results on May 19, 2022

Upcoming dividend of NZ$0.017 per share

Upcoming dividend of NZ$0.017 per share

Upcoming dividend of NZ$0.017 per share

First half 2022 earnings: EPS and revenues exceed analyst expectations

Independent Chairman recently sold NZ$243k worth of stock

Upcoming dividend of NZ$0.017 per share

Upcoming dividend of NZ$0.016 per share

Chief Executive Officer exercised options to buy NZ$310k worth of stock.

Full year 2021 earnings released: EPS NZ$0.29 (vs NZ$0.14 in FY 2020)

Argosy Property Limited Declares Cash Dividend for the Fourth Quarter Ended March 31, 2021, Payable on June 23, 2021

Argosy Property Limited's (NZSE:ARG) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

An unknown buyer agreed to acquire Albany Lifestyle Centre from Argosy Property Limited (NZSE:ARG) for NZD 87.5 million.

New 90-day high: NZ$1.59

Price target raised to NZ$1.45

Analysts increase EPS estimates to NZ$0.16

New 90-day high: NZ$1.48

Argosy Property Limited to Report First Half, 2021 Results on Nov 26, 2020

Argosy Property Limited (NZSE:ARG) agreed to acquire Mt Richmond Industrial Properties in Auckland for NZD 76 million.

New 90-day high: NZ$1.41

An unknown buyer acquired 960 Great South Road located at Penrose in Auckland and the Corner of Wakefield and Taranaki Street in Wellington from Argosy Property Limited (NZSE:ARG) for NZD 33.5 million.

New 90-day high - NZ$1.31

A private domestic investor acquired Property at 180-202 Hutt Road, Kaiwharawhara in Wellington from Argosy Property Limited (NZSE:ARG) for NZD 23.5 million.

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Revenue & Expenses Breakdown
Beta