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BT Group Full Year 2024 Earnings: EPS Misses Expectations

BT Group (LON:BT.A) Full Year 2024 Results

Key Financial Results

  • Revenue: UK£20.8b (flat on FY 2023).

  • Net income: UK£855.0m (down 55% from FY 2023).

  • Profit margin: 4.1% (down from 9.2% in FY 2023).

  • EPS: UK£0.087 (down from UK£0.19 in FY 2023).

revenue-and-expenses-breakdown
revenue-and-expenses-breakdown

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

BT Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 45%.

The primary driver behind last 12 months revenue was the Consumer segment contributing a total revenue of UK£9.83b (47% of total revenue). Notably, cost of sales worth UK£11.1b amounted to 53% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to UK£4.79b (54% of total expenses). Explore how BT.A's revenue and expenses shape its earnings.

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Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Telecom industry in Europe.

Performance of the market in the United Kingdom.

The company's shares are up 1.1% from a week ago.

Risk Analysis

Be aware that BT Group is showing 4 warning signs in our investment analysis that you should know about...

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.