Tourism Holdings Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Tourism Holdings (NZSE:THL) Full Year 2024 Results

Key Financial Results

• Revenue: NZ$921.7m (up 39% from FY 2023).
• Net income: NZ$39.4m (down 21% from FY 2023).
• Profit margin: 4.3% (down from 7.5% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: NZ$0.18 (down from NZ$0.26 in FY 2023).

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

Tourism Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 23%.

Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Transportation industry in Oceania.

Performance of the market in New Zealand.

The company's shares are down 1.4% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Tourism Holdings (1 shouldn't be ignored!) that you need to be mindful of.

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