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Stock impact report

Lloyds Banking Group First Quarter 2024 Earnings: EPS: UK£0.017 (vs UK£0.023 in 1Q 2023) [Yahoo! Finance]

Lloyds Banking Group Plc American Depositary Shares (LYG) 
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
Company Research Source: Yahoo! Finance
Net income: UK£1.07b (down 29% from 1Q 2023). Profit margin: 25% (down from 33% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. EPS: UK£0.017 (down from UK£0.023 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Lloyds Banking Group Earnings Insights Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Banks industry in the United Kingdom. Performance of the British Banks industry. The company's share price is broadly unchanged from a week ago. Risk Analysis What about risks? Every company has them, and we've spotted 1 warning sign for Lloyds Banking Group 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 histo Show less Read more
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