Stock Analysis

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

Published
NZSE:THL

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).
NZSE:THL Earnings and Revenue Growth August 28th 2024

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.

Valuation is complex, but we're here to simplify it.

Discover if Tourism Holdings might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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