Yahoo Finance Mirvac Group First Half 2024 Earnings: AU$0.051 loss per share (vs AU$0.055 profit in 1H 2023)
Mirvac Group (ASX:MGR) First Half 2024 Results
Key Financial Results
Revenue: AU$1.25b (up 51% from 1H 2023).
Net loss: AU$201.0m (down by 194% from AU$215.0m profit in 1H 2023).
AU$0.051 loss per share (down from AU$0.055 profit in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mirvac Group Earnings Insights
Looking ahead, revenue is expected to fall by 34% p.a. on average during the next 3 years compared to a 1.9% decline forecast for the REITs industry in Australia.
Performance of the Australian REITs industry.
The company's shares are up 3.7% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Mirvac Group.
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