TASE:KENRenewable Energy
Kenon Holdings (TASE:KEN) Stock Catches Fire Despite Thin Margins
Kenon Holdings stock came into today with a solid run behind it, up about 5.9% over the past week and 9.1% across the last month, so expectations were already warmed up. The fresh Q2 print delivered the kind of headline that supports that optimism, with revenue at US$379m and basic earnings per share of US$0.85.
Short term traders may focus on the quarter to quarter move. Longer term investors are more likely to weigh that result against a trailing net profit margin now sitting near 10% and a...