Whitehaven Coal Full Year 2024 Earnings: EPS Misses Expectations

Whitehaven Coal (ASX:WHC) Full Year 2024 Results

Key Financial Results

• Revenue: AU$3.83b (down 37% from FY 2023).
• Net income: AU$355.0m (down 87% from FY 2023).
• Profit margin: 9.3% (down from 44% in FY 2023). The decrease in margin was primarily driven by lower revenue.
• EPS: AU$0.44 (down from AU$3.08 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Whitehaven Coal EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 46%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Oil and Gas industry in Australia.

Performance of the Australian Oil and Gas industry.

The company's shares are up 4.4% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Whitehaven Coal, and understanding these should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.