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3i Group Full Year 2024 Earnings: Misses Expectations

3i Group (LON:III) Full Year 2024 Results

Key Financial Results

  • Revenue: UK£3.96b (down 17% from FY 2023).

  • Net income: UK£3.84b (down 16% from FY 2023).

  • Profit margin: 97% (in line with FY 2023).

  • EPS: UK£3.98 (down from UK£4.75 in FY 2023).

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

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

3i Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 1.7%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Capital Markets industry in the United Kingdom.

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Performance of the British Capital Markets industry.

The company's shares are down 1.4% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on 3i Group's balance sheet.

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.