Dr. Soliman Abdel Kader Fakeeh Hospital Third Quarter 2024 Earnings: EPS Beats Expectations

Dr. Soliman Abdel Kader Fakeeh Hospital (TADAWUL:4017) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س713.8m (up 21% from 3Q 2023).
• Net income: ر.س93.6m (up 18% from 3Q 2023).
• Profit margin: 13% (in line with 3Q 2023).
• EPS: ر.س0.44 (up from ر.س0.40 in 3Q 2023).

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

Dr. Soliman Abdel Kader Fakeeh Hospital EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 63%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Healthcare industry in Saudi Arabia.

Performance of the Saudi Healthcare industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Dr. Soliman Abdel Kader Fakeeh Hospital's balance sheet health.

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