Vestis Past Earnings Performance
Past criteria checks 1/6
Vestis has been growing earnings at an average annual rate of 13.9%, while the Commercial Services industry saw earnings growing at 11.4% annually. Revenues have been growing at an average rate of 5.1% per year. Vestis's return on equity is 13%, and it has net margins of 4.1%.
Key information
13.9%
Earnings growth rate
-32.9%
EPS growth rate
| Commercial Services Industry Growth | 8.5% |
| Revenue growth rate | 5.1% |
| Return on equity | 13.0% |
| Net Margin | 4.1% |
| Next Earnings Update | 21 Nov 2024 |
Recent past performance updates
Recent updates
Vestis: Stability Increases, Challenges Remain
Aug 21We Think That There Are More Issues For Vestis (NYSE:VSTS) Than Just Sluggish Earnings
Aug 19
Is Vestis (NYSE:VSTS) Using Too Much Debt?
Jun 16Vestis: Rising Concerns Cast Shadows On Future Prospects
Jun 09Vestis Q1 Results: Uniform And Workplace Player Faces Growing Concerns
May 03We Think That There Are Issues Underlying Vestis' (NYSE:VSTS) Earnings
Feb 16Vestis Corporation's (NYSE:VSTS) Shareholders Might Be Looking For Exit
Feb 02Vestis: Initiating A Buy Rating As Business And Industry Are Very Attractive
Jan 17Vestis: A Uniformly Good Bargain
Dec 15Vestis Fiscal Q4: Positive Earnings Signs Post Its Spinoff
Nov 29Revenue & Expenses Breakdown
How Vestis makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 28 Jun 24 | 2,837 | 117 | 511 | 0 |
| 29 Mar 24 | 2,849 | 161 | 499 | 0 |
| 29 Dec 23 | 2,843 | 192 | 499 | 0 |
| 29 Sep 23 | 2,825 | 213 | 493 | 0 |
| 30 Jun 23 | 2,793 | 142 | 456 | 0 |
| 31 Mar 23 | 2,763 | 136 | 475 | 0 |
| 30 Dec 22 | 2,726 | 137 | 480 | 0 |
| 30 Sep 22 | 2,687 | 142 | 469 | 0 |
| 01 Oct 21 | 2,457 | 74 | 459 | 0 |
| 02 Oct 20 | 2,562 | 112 | 438 | 0 |
Quality Earnings: VSTS has a large one-off gain of $43.8M impacting its last 12 months of financial results to 28th June, 2024.
Growing Profit Margin: VSTS's current net profit margins (4.1%) are lower than last year (5.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VSTS's earnings have grown by 13.9% per year over the past 5 years.
Accelerating Growth: VSTS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VSTS had negative earnings growth (-17.6%) over the past year, making it difficult to compare to the Commercial Services industry average (14.8%).
Return on Equity
High ROE: VSTS's Return on Equity (13%) is considered low.