Investec Group Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Investec Group (JSE:INL) Full Year 2024 Results

Key Financial Results

• Revenue: UK£1.91b (up 6.1% from FY 2023).
• Net income: UK£602.3m (down 15% from FY 2023).
• Profit margin: 32% (down from 39% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: UK£0.71 (down from UK£0.79 in FY 2023).

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

Investec Group EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) exceeded analyst estimates by 45%.

Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Capital Markets industry in Africa.

Performance of the market in South Africa.

The company's shares are up 1.0% from a week ago.

Risk Analysis

Be aware that Investec Group is showing 1 warning sign in our investment analysis that you should know about...

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