Bowen Coking Coal Full Year 2024 Earnings: Misses Expectations

Bowen Coking Coal (ASX:BCB) Full Year 2024 Results

Key Financial Results

• Revenue: AU$450.2m (up 114% from FY 2023).
• Net loss: AU$95.5m (loss narrowed by 41% from FY 2023).
• AU$0.037 loss per share (improved from AU$0.094 loss in FY 2023).

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

Bowen Coking Coal Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 28%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Australia.

Performance of the Australian Metals and Mining industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Bowen Coking Coal (1 is potentially serious) you should be aware of.

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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.