Travis Perkins Full Year 2024 Earnings: EPS Misses Expectations
Revenue: UK£4.61b (down 5.2% from FY 2023).
Net loss: UK£40.6m (down by 207% from UK£38.1m profit in FY 2023).
UK£0.19 loss per share (down from UK£0.18 profit in FY 2023).
Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
The primary driver behind last 12 months revenue was the Merchanting segment contributing a total revenue of UK£3.79b (82% of total revenue). Notably, cost of sales worth UK£3.40b amounted to 74% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to UK£779.2m (63% of total expenses). Explore how TPK's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Trade Distributors industry in the United Kingdom.
Performance of the British Trade Distributors industry.
The company's shares are down 11% from a week ago.
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Travis Perkins' balance sheet.
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.
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