Chorus Full Year 2024 Earnings: EPS Misses Expectations

Chorus (NZSE:CNU) Full Year 2024 Results

Key Financial Results

• Revenue: NZ$1.01b (up 3.1% from FY 2023).
• Net loss: NZ$9.00m (down by 136% from NZ$25.0m profit in FY 2023).
• NZ$0.02 loss per share (down from NZ$0.056 profit in FY 2023).

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

Chorus EPS Misses Expectations

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

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Telecom industry in Oceania.

Performance of the market in New Zealand.

The company's shares are up 6.1% 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 Chorus, and understanding these should be part of your investment process.

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

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.