In This Article:
Global Business Travel Group (NYSE:GBTG) Full Year 2024 Results
Key Financial Results
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Revenue: US$2.42b (up 5.8% from FY 2023).
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Net loss: US$138.0m (loss widened by 119% from FY 2023).
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US$0.30 loss per share (further deteriorated from US$0.25 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Global Business Travel Group EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 31%.
In the last 12 months, the only revenue segment was Business Travel and Meetings and Events contributing US$2.42b. The largest operating expense was General & Administrative costs, amounting to US$750.0m (47% of total expenses). Explore how GBTG's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in the US.
Performance of the American Hospitality industry.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Global Business Travel Group's balance sheet and an in-depth analysis of the company's financial position.
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