Incitec Pivot Full Year 2024 Earnings: EPS Misses Expectations

Incitec Pivot (ASX:IPL) Full Year 2024 Results

Key Financial Results

• Revenue: AU$5.41b (flat on FY 2023).
• Net loss: AU$477.7m (down by 273% from AU$276.3m profit in FY 2023).
• AU$0.25 loss per share (down from AU$0.14 profit in FY 2023).

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

Incitec Pivot EPS Misses Expectations

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

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 11% growth forecast for the Chemicals industry in Australia.

Performance of the Australian Chemicals industry.

The company's shares are up 3.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Incitec Pivot you should be aware of.

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