REA Group Posts Higher Fiscal H1 Earnings, Revenue

MT Newswires Live
06 Feb

REA Group (ASX:REA) reported Thursday that its earnings per diluted share in the fiscal first half rose to AU$3.339, from AU$0.964 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting EPS of AU$2.29.

Group revenue for the six months to Dec. 31, 2024, was AU$872.9 million, up 20% from AU$725.5 million a year earlier. Analysts surveyed by Visible Alpha expected AU$853.7 million.

The media firm said phasing of group operating expenses, particularly for marketing campaigns and employee costs, is expected to result in lower year-on-year growth rates in the second half of fiscal 2025 compared with the first half.

The board declared an interim dividend of AU$1.10 per share, up from the AU$0.87 in the previous reported period, payable on March 19 to shareholders on record as of March 5.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10