{"id":5990,"date":"2024-08-09T10:27:55","date_gmt":"2024-08-09T05:27:55","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=5990"},"modified":"2024-08-09T10:46:47","modified_gmt":"2024-08-09T05:46:47","slug":"what-to-expect-from-lucks-earnings","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/what-to-expect-from-lucks-earnings\/","title":{"rendered":"What to expect from LUCK’s earnings?"},"content":{"rendered":"\n

For Lucky Cement Limited (LUCK), a 66%<\/strong> YoY earnings increase is not just a figure\u2014it’s possibly a reality for 4QFY24.\u00a0<\/p>\n\n\n\n

The question arises: what is driving this robust growth, and what does it mean for investors?<\/p>\n\n\n\n

Breaking down the numbers<\/strong><\/h2>\n\n\n\n

Lucky Cement is expected to announce its standalone earnings of PKR 4.3 billion <\/strong>(EPS: PKR 14.7<\/strong>) for 4QFY24, up from PKR 2.6 billion (EPS: PKR 8.9) in the same quarter last year. <\/p>\n\n\n\n

This impressive rise is primarily fueled by a 13% <\/strong>YoY increase in the company’s topline, which is projected to reach PKR 28.9 billion<\/strong>.<\/p>\n\n\n\n

So, what\u2019s contributing to this topline growth despite a 12% <\/strong>YoY decline in local offtakes? The answer lies in a 10% annual increase in average cement prices and a staggering 2.4x YoY<\/strong> growth in exports. <\/p>\n\n\n\n

However, it\u2019s not all smooth sailing. Operating expenses have also surged by 60% <\/strong>YoY due to higher transportation charges\u2014a factor that could weigh on future profitability.<\/p>\n\n\n\n

Gross margins and what they mean for Investors<\/strong><\/h2>\n\n\n\n

Gross margins are expected to show modest improvement, reflecting the company\u2019s ability to manage costs effectively despite the challenging environment. <\/p>\n\n\n\n

The consolidated earnings paint an even brighter picture, with EPS expected to hit PKR 53.2<\/strong>, up from PKR 40.3 in the previous year.<\/p>\n\n\n\n

With these numbers, Lucky Cement is showing that it can thrive even when the local market shows weakness. <\/p>\n\n\n\n

Investors should also note the expected final dividend of PKR 24 per share<\/strong>\u2014a signal of the company\u2019s confidence in its financial stability.<\/p>\n\n\n\n

Insight into future prospects<\/strong><\/h2>\n\n\n\n

Looking ahead, Lucky Cement continues to be a strong contender in the market, supported by a strategic focus on both local and international markets. <\/p>\n\n\n\n

The company’s stock is poised for a \u2018Buy\u2019<\/strong> rating, with a target price of PKR 1,172 per share<\/strong> by June 2025.<\/p>\n\n\n\n

But here\u2019s the million-dollar question: Can Lucky Cement sustain this momentum? <\/p>\n\n\n\n

While the financials are impressive, the company will need to navigate rising costs and potential market volatility to keep investors happy.<\/p>\n","protected":false},"excerpt":{"rendered":"

For Lucky Cement Limited (LUCK), a 66% YoY earnings increase is not just a figure\u2014it’s a reality for 4QFY24.\u00a0<\/p>\n","protected":false},"author":4890,"featured_media":4622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[138,2],"tags":[10],"class_list":["post-5990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financials","category-psx-blog","tag-luck"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/LUCK-Financials-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/LUCK-Financials-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/LUCK-Financials-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/LUCK-Financials.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/5990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/4890"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=5990"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/5990\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/4622"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=5990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=5990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=5990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}