Regional Management (NYSE:RM) Full Year 2024 Results
Key Financial Results
- Revenue: US$569.6m (up 6.6% from FY 2023).
- Net income: US$41.2m (up 158% from FY 2023).
- Profit margin: 7.2% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: US$4.28 (up from US$1.70 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Regional Management EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%.
In the last 12 months, the only revenue segment was Consumer Finance contributing US$569.6m. The largest operating expense was General & Administrative costs, amounting to US$228.7m (72% of total expenses). Explore how RM's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Consumer Finance industry in the US.
Performance of the American Consumer Finance industry.
The company's shares are down 5.4% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Regional Management that you should be aware of.
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