Spark New Zealand Full Year 2024 Earnings: Misses Expectations

Simply Wall St.08-24

Spark New Zealand (NZSE:SPK) Full Year 2024 Results Key Financial Results Revenue: NZ$3.86b (down 14% from FY 2023). Net income: NZ$316.0m (down 72% from FY 2023). Profit margin: 8.2% (down from 25% ...

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The decrease in margin was primarily driven by lower revenue.NZSE:SPK Earnings and Revenue Growth August 23rd 2024. All figures shown in the chart above are for the trailing 12 month  period. Revenue missed analyst estimates by 1.7%. Earnings per share  also missed analyst estimates by 24%.Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Telecom industry in Oceania.The company's shares are down 9.5% from a week ago.You should always think about risks. Case in point, we've spotted   3 warning signs for Spark New Zealand  you should be aware of, and 1 of them makes us a bit uncomfortable.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SPK.AU":"SPARK NEW ZEALAND LTD"},"translate_title":"Spark新西兰2024年全年收益：未达预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SPK.AU":0.9},"content_text":"Spark New Zealand (NZSE:SPK) Full Year 2024 Results\nKey Financial Results\n\nRevenue: NZ$3.86b (down 14% from FY 2023).\nNet income: NZ$316.0m (down 72% from FY 2023).\nProfit margin: 8.2% (down from 25% in FY 2023). The decrease in margin was primarily driven by lower revenue.\nEPS: NZ$0.17 (down from NZ$0.61 in FY 2023).\n\n\n\n\n  NZSE:SPK Earnings and Revenue Growth August 23rd 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nSpark New Zealand Revenues and Earnings Miss Expectations\n Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 24%. \n Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Telecom industry in Oceania. \nPerformance of the market in New Zealand.\n The company's shares are down 9.5% from a week ago. \nRisk Analysis\n You should always think about risks. Case in point, we've spotted   3 warning signs for Spark New Zealand  you should be aware of, and 1 of them makes us a bit uncomfortable. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2461541915"}