Yahoo Finance Winton Land First Half 2024 Earnings: EPS: NZ$0.033 (vs NZ$0.12 in 1H 2023)
Winton Land (NZSE:WIN) First Half 2024 Results
Key Financial Results
Revenue: NZ$85.6m (down 7.7% from 1H 2023).
Net income: NZ$9.73m (down 72% from 1H 2023).
Profit margin: 11% (down from 37% in 1H 2023). The decrease in margin was primarily driven by higher expenses.
EPS: NZ$0.033 (down from NZ$0.12 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Winton Land Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Real Estate industry in Oceania.
Performance of the market in New Zealand.
The company's shares are up 2.5% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Winton Land that you should be aware of.
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