JDE Peet's Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 06 2025
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Source: Yahoo Finance
Financial Performance: JDE Peet's reported a revenue of €8.84 billion, a 7.9% increase from FY 2023, with net income rising 53% to €561 million and an improved profit margin of 6.3%. However, earnings per share (EPS) missed analyst estimates by 17%.
Market Outlook: The company's revenue is projected to grow at an average rate of 4.1% annually over the next three years, aligning with the growth forecast for the Food industry in Europe, while its share price has remained stable over the past week.
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.
