Five-Star Business Finance Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Five-Star Business Finance (NSE:FIVESTAR) Third Quarter 2024 Results

Key Financial Results

  • Revenue: ₹4.31b (up 35% from 3Q 2023).
  • Net income: ₹2.17b (up 44% from 3Q 2023).
  • Profit margin: 50% (up from 47% in 3Q 2023). The increase in margin was driven by higher revenue.
  • EPS: ₹7.42 (up from ₹5.18 in 3Q 2023).
NSEI:FIVESTAR Earnings and Revenue Growth February 5th 2024

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

Five-Star Business Finance EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates by 2.4%.

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Consumer Finance industry in India.

Performance of the Indian Consumer Finance industry.

The company’s shares are up 3.4% from a week ago.

Risk Analysis

We don’t want to rain on the parade too much, but we did also find 1 warning sign for Five-Star Business Finance that you need to be mindful of.

Valuation is complex, but we’re helping make it simple.

Find out whether Five-Star Business Finance is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

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.

Source link