In This Article:
Growthpoint Properties Australia (ASX:GOZ) Full Year 2024 Results
Key Financial Results
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Revenue: AU$332.4m (flat on FY 2023).
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Net loss: AU$298.2m (loss widened by 21% from FY 2023).
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AU$0.40 loss per share (further deteriorated from AU$0.32 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Growthpoint Properties Australia Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.1% decline forecast for the REITs industry in Australia.
Performance of the Australian REITs industry.
The company's shares are up 5.2% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Growthpoint Properties Australia.
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