Imperial Oil Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Imperial Oil (TSE:IMO) Full Year 2024 Results

Key Financial Results

• Revenue: CA$51.5b (up 1.6% from FY 2023).
• Net income: CA$4.79b (down 2.0% from FY 2023).
• Profit margin: 9.3% (in line with FY 2023).
• EPS: CA$9.05.

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

Imperial Oil EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 3.2%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 1.8% growth forecast for the Oil and Gas industry in Canada.

Performance of the Canadian Oil and Gas industry.

The company's shares are down 4.0% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Imperial Oil.

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