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Consumer Goods Sector Recorded the Highest EPS Growth
2024-05-27

Consumer Goods Sector Recorded the Highest EPS Growth

Earnings Per Share (EPS) is a fundamental measure of a company's profitability. It is calculated by dividing the company's net profit by the outstanding shares. 

Investors can glean several insights from EPS, such as: 1) Profitability - Higher EPS indicates greater profitability on a per-share basis. 2) Growth Potential - Increasing EPS over time suggests that a company is effectively growing and managing its resources. 3) Investment Value -Consistently rising EPS can make a company's stock more attractive, indicating good potential for returns.

When examining sector-wide EPS growth in the Qatar Stock Exchange, comparing data from March 31, 2023, to March 31, 2024, the Consumer Goods and Services sector stands out with an impressive 30% growth, far surpassing other sectors. 

Within this sector, Baladna (BLDN) and Mannai Corp (MCCS) are top performers, boasting triple-digit growth rates of 141% and 131%, respectively.

In second place is the Banks and Financial Sector, which recorded a 9% growth. 

The standout performer here is Inma (IHGS) with a remarkable 182% increase in EPS. 

However, not all companies in the Banks and Financial Sector fared well; Qatar Oman (QOIS) saw an 88% decline.

On the downside, the Real Estate and Telecoms sectors experienced a 3% decline in EPS growth.

Investors should closely monitor EPS across different sectors as it provides a comparative view of which sectors and companies are performing well and which are struggling. 

This information is crucial for making informed investment decisions and identifying potential growth opportunities or risks within the market.

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Source: Sahmik