2024-11-25
Consumer Stocks' EPS are up 19% YoY in the First 9 Months of 2024
Earnings Per Share (EPS) growth reflects how much a company's earnings available to shareholders have changed over a specific period. For investors, EPS growth is a key indicator of a company's financial performance and potential profitability.
As of September 30, 2024, the Consumer Goods and Services sector saw the highest EPS growth at 19%, making it a leading performer.
Within this sector, Salam International (SIIS) recorded a remarkable 149% growth, highlighting its significant contribution to the sector's overall performance.
The Insurance sector followed with a growth of 17%, showing an increase in shareholder earnings.
Telecoms registered a 10% growth in EPS, while Banks & Financial Services and Transportation sectors grew by 6% and 5%, respectively. The Industrial sector also recorded a growth of 4%.
On the contrary, the Real Estate sector experienced a 7% decline in EPS growth, marking a challenging year for the sector.
Monitoring EPS growth is essential for investors as it provides insights into the financial health of companies and sectors, helping them make informed investment decisions. Which sector aligns with your portfolio strategy? Let us know!
If you liked this post, follow @Sahmik_at for more insights from QSE.
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As of September 30, 2024, the Consumer Goods and Services sector saw the highest EPS growth at 19%, making it a leading performer.
Within this sector, Salam International (SIIS) recorded a remarkable 149% growth, highlighting its significant contribution to the sector's overall performance.
The Insurance sector followed with a growth of 17%, showing an increase in shareholder earnings.
Telecoms registered a 10% growth in EPS, while Banks & Financial Services and Transportation sectors grew by 6% and 5%, respectively. The Industrial sector also recorded a growth of 4%.
On the contrary, the Real Estate sector experienced a 7% decline in EPS growth, marking a challenging year for the sector.
Monitoring EPS growth is essential for investors as it provides insights into the financial health of companies and sectors, helping them make informed investment decisions. Which sector aligns with your portfolio strategy? Let us know!
If you liked this post, follow @Sahmik_at for more insights from QSE.
#Sahmik_at #Qatar #QatarStockExchange #QSE #finance#GulfCooperationCouncil #GCC #GCCnews #news#stockmarket #stocks #stocknews #financialnews#stockmarketperformance #stockperformance #investments#financialinvestments