Seera Holding Group First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
SEERA 1810.SA | 0.00 |
Seera Holding Group (TADAWUL:1810) First Quarter 2024 Results
Key Financial Results
- Revenue: ر.س1.08b (up 36% from 1Q 2023).
- Net income: ر.س45.9m (down 17% from 1Q 2023).
- Profit margin: 4.3% (down from 7.0% in 1Q 2023).
- EPS: ر.س0.15 (down from ر.س0.19 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Seera Holding Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 9.0%. Earnings per share (EPS) missed analyst estimates by 23%.
Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Saudi Arabia.
Performance of the Saudi Hospitality industry.
The company's shares are down 5.3% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Seera Holding Group (1 is a bit unpleasant) you should be aware of.
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