Telstra Group (ASX:TLS) Full Year 2024 Results

Key Financial Results

• Revenue: AU$23.5b (up 3.4% from FY 2023).

• Net income: AU$1.62b (down 16% from FY 2023).

• Profit margin: 6.9% (down from 8.5% in FY 2023). The decrease in margin was driven by higher expenses.

• EPS: AU$0.14 (down from AU$0.17 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Telstra Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 21%.

Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Telecom industry in Australia.

Performance of the Australian Telecom industry.

The company's shares are up 3.1% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Telstra Group that you should be aware of before investing here.

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