Yahoo Finance South32 Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
South32 (ASX:S32) Full Year 2024 Results
Key Financial Results
Revenue: US$5.59b (down 26% from FY 2023).
Net loss: US$638.0m (loss widened by 269% from FY 2023).
US$0.14 loss per share (further deteriorated from US$0.038 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
South32 Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 7.6%. Earnings per share (EPS) missed analyst estimates by 52%.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in Australia.
Performance of the Australian Metals and Mining industry.
The company's shares are up 2.0% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on South32's balance sheet.
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