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UK£0.12 (vs UK£0.12 in 1H 2023)

wp-iwembleycom by wp-iwembleycom
July 28, 2024
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UK£0.12 (vs UK£0.12 in 1H 2023)
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Rightmove (LON:RMV) First Half 2024 Outcomes

Key Monetary Outcomes

  • Income: UK£192.1m (up 7.1% from 1H 2023).

  • Web revenue: UK£98.9m (flat on 1H 2023).

  • Revenue margin: 52% (down from 55% in 1H 2023). The lower in margin was pushed by larger bills.

  • EPS: UK£0.12.

earnings-and-revenue-growthearnings-and-revenue-growth

earnings-and-revenue-growth

All figures proven within the chart above are for the trailing 12 month (TTM) interval

Rightmove Earnings Insights

Wanting forward, income is forecast to develop 8.3% p.a. on common in the course of the subsequent 3 years, in comparison with a 8.4% development forecast for the Interactive Media and Companies trade in the UK.

Efficiency of the British Interactive Media and Companies trade.

The corporate’s shares are down 2.1% from every week in the past.

Stability Sheet Evaluation

Whereas it is essential to think about the revenue and loss assertion, you can too be taught lots about an organization by its stability sheet. See our newest evaluation on Rightmove’s stability sheet well being.

Have suggestions on this text? Involved in regards to the content material? Get in contact with us immediately. Alternatively, e-mail editorial-team (at) simplywallst.com.

This text by Merely Wall St is normal in nature. We offer commentary based mostly on historic knowledge and analyst forecasts solely utilizing an unbiased methodology and our articles usually are not supposed to be monetary recommendation. It doesn’t represent a advice to purchase or promote any inventory, and doesn’t take account of your targets, or your monetary state of affairs. We purpose to deliver you long-term centered evaluation pushed by basic knowledge. Observe that our evaluation might not issue within the newest price-sensitive firm bulletins or qualitative materials. Merely Wall St has no place in any shares talked about.

Have suggestions on this text? Involved in regards to the content material? Get in contact with us immediately. Alternatively, e-mail editorial-team@simplywallst.com

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