Fawaz Abdulaziz Al Hokair Full Year 2024 Earnings: Misses Expectations

Fawaz Abdulaziz Al Hokair (TADAWUL:4240) Full Year 2024 Results

Key Financial Results

• Revenue: ر.س4.85b (down 7.4% from FY 2023).
• Net loss: ر.س152.0m (loss narrowed by 87% from FY 2023).
• ر.س1.32 loss per share (improved from ر.س9.79 loss in FY 2023).

AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.

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

Fawaz Abdulaziz Al Hokair Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) also missed analyst estimates by 65%.

Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Specialty Retail industry in Saudi Arabia.

Performance of the Saudi Specialty Retail industry.

The company's shares are up 4.1% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Fawaz Abdulaziz Al Hokair you should be aware of, and 2 of them make us uncomfortable.

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.