Rogers Sugar Third Quarter 2024 Earnings: EPS: CA$0.06 (vs CA$0.14 in 3Q 2023)

Rogers Sugar (TSE:RSI) Third Quarter 2024 Results

Key Financial Results

• Revenue: CA$309.1m (up 18% from 3Q 2023).
• Net income: CA$7.38m (down 48% from 3Q 2023).
• Profit margin: 2.4% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CA$0.06 (down from CA$0.14 in 3Q 2023).

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

Rogers Sugar Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 3.9% growth forecast for the Food industry in Canada.

Performance of the Canadian Food industry.

The company's shares are down 2.3% from a week ago.

Valuation

Rogers Sugar's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

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