Galaxy Entertainment Group (HKG:27) Full Year 2024 Results

Key Financial Results

• Revenue: HK$44.7b (up 25% from FY 2023).
• Net income: HK$8.76b (up 28% from FY 2023).
• Profit margin: 20% (in line with FY 2023).
• EPS: HK$2.00 (up from HK$1.56 in FY 2023).

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

Galaxy Entertainment Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 4.9%.

Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong.

Performance of the Hong Kong Hospitality industry.

The company's shares are up 8.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Galaxy Entertainment Group that we have uncovered.

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