Hartshead Resources Future Growth
Future criteria checks 6/6
Hartshead Resources is forecast to grow earnings and revenue by 86.3% and 84% per annum respectively. EPS is expected to grow by 86.5% per annum. Return on equity is forecast to be 57.1% in 3 years.
Key information
86.3%
Earnings growth rate
86.5%
EPS growth rate
| Oil and Gas earnings growth | 8.9% |
| Revenue growth rate | 84.0% |
| Future return on equity | 57.1% |
| Analyst coverage | Low |
| Last updated | 14 Mar 2024 |
Recent future growth updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2024 | N/A | -4 | -9 | -4 | 1 |
| 12/31/2023 | 10 | 3 | -23 | -3 | N/A |
| 9/30/2023 | 9 | 2 | -17 | -3 | N/A |
| 6/30/2023 | 8 | 2 | -12 | -4 | N/A |
| 3/31/2023 | 4 | -2 | -9 | -4 | N/A |
| 12/31/2022 | N/A | -5 | -6 | -4 | N/A |
| 9/30/2022 | N/A | -4 | -5 | -4 | N/A |
| 6/30/2022 | N/A | -4 | -4 | -3 | N/A |
| 3/31/2022 | N/A | -6 | -4 | -3 | N/A |
| 12/31/2021 | N/A | -7 | -4 | -3 | N/A |
| 9/30/2021 | N/A | -7 | -3 | -2 | N/A |
| 6/30/2021 | N/A | -6 | -2 | -1 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HHR's forecast earnings growth (86.3% per year) is above the savings rate (2.2%).
Earnings vs Market: HHR's earnings (86.3% per year) are forecast to grow faster than the Australian market (13.2% per year).
High Growth Earnings: HHR's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HHR's revenue (84% per year) is forecast to grow faster than the Australian market (4.6% per year).
High Growth Revenue: HHR's revenue (84% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HHR's Return on Equity is forecast to be very high in 3 years time (57.1%).