Frasers Property Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Frasers Property (SGX:TQ5) Full Year 2024 Results

Key Financial Results

• Revenue: S$4.21b (up 6.8% from FY 2023).
• Net income: S$206.3m (up 68% from FY 2023).
• Profit margin: 4.9% (up from 3.1% in FY 2023).
• EPS: S$0.042 (up from S$0.031 in FY 2023).

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

Frasers Property Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) missed analyst estimates by 48%.

Looking ahead, revenue is forecast to decline by 16% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Singapore are expected to remain flat.

Performance of the Singaporean Real Estate industry.

The company's shares are up 3.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Frasers Property (1 is potentially serious!) that we have uncovered.

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