Stock Analysis
- Saudi Arabia
- /
- Hospitality
- /
- SASE:1810
Seera Holding Group First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Seera Holding Group (TADAWUL:1810) First Quarter 2024 Results
Key Financial Results
- Revenue: ر.س1.08b (up 36% from 1Q 2023).
- Net income: ر.س45.9m (down 17% from 1Q 2023).
- Profit margin: 4.3% (down from 7.0% in 1Q 2023).
- EPS: ر.س0.15 (down from ر.س0.19 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Seera Holding Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 9.0%. Earnings per share (EPS) missed analyst estimates by 23%.
Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Saudi Arabia.
Performance of the Saudi Hospitality industry.
The company's shares are down 5.3% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Seera Holding Group (1 is a bit unpleasant) you should be aware of.
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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 SASE:1810
Seera Holding Group
Provides travel and tourism services in the Kingdom of Saudi Arabia, the United Kingdom, Egypt, the United Arab Emirates, Spain, and Kuwait.