Scott Technology Full Year 2024 Earnings: Misses Expectations

Simply Wall St · 10/17 18:02

Scott Technology (NZSE:SCT) Full Year 2024 Results

Key Financial Results

  • Revenue: NZ$278.7m (up 4.2% from FY 2023).
  • Net income: NZ$7.85m (down 49% from FY 2023).
  • Profit margin: 2.8% (down from 5.8% in FY 2023).
  • EPS: NZ$0.097 (down from NZ$0.19 in FY 2023).
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NZSE:SCT Earnings and Revenue Growth October 17th 2024

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

Scott Technology Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) also missed analyst estimates by 22%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 39% growth forecast for the Machinery industry in Oceania.

Performance of the market in New Zealand.

The company's shares are down 5.4% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for Scott Technology you should be aware of.