Benchmark Holdings Third Quarter 2024 Earnings: Misses Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 24 2024
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Source: Yahoo Finance
Financial Performance: Benchmark Holdings reported a revenue of UK£30.7m for Q3 2024, a 10% decline from the previous year, with a net loss of UK£9.91m, widening by 92%. Both revenue and earnings per share missed analyst expectations.
Future Outlook: Despite current losses, revenue is projected to grow at an average rate of 17% annually over the next three years, significantly outpacing the 4.1% growth forecast for the UK food industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
