Source: Yahoo

Balfour Beatty: Balfour Beatty Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

In This Article: Balfour Beatty ( LON:BBY ) Full Year 2024 Results Key Financial Results Revenue: UK£8.23b (up 3.0% from FY 2023). Net income: UK£178.0m (down 9.6% from FY 2023). Profit margin: 2.2% (down from 2.5% in FY 2023). EPS: UK£0.34 (down from UK£0.35 in FY 2023). LSE:BBY Revenue and Expenses Breakdown March 14th 2025 All figures shown in the chart above are for the trailing 12 month (TTM) period Balfour Beatty Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 17%. The primary driver behind last 12 months revenue was the Construction Services (Including Professional Services) segment contributing a total revenue of UK£6.63b (81% of total revenue). Notably, cost of sales worth UK£7.88b amounted to 96% of total revenue thereby underscoring the impact on earnings.Over the last 12 months, the company's earnings were enhanced by non-operating gains of UK£107.0m. Explore how BBY's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in the United Kingdom. Performance of the British Construction industry. The company's share price is broadly unchanged from a week ago. Risk Analysis You should learn about the 2 warning signs we've spotted with Balfour Beatty . Have 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. LSE:BBY Revenue and Expenses Breakdown March 14th 2025

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Annual Revenue
$10-50B
Employees
10-50K
Leo Quinn's photo - CEO of Balfour Beatty

CEO

Leo Quinn

CEO Approval Rating

87/100

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