Triple Flag Precious Metals Full Year 2023 Earnings: EPS Misses Expectations

Triple Flag Precious Metals (TSE:TFPM) Full Year 2023 Results

Key Financial Results

• Revenue: US$204.0m (up 34% from FY 2022).
• Net income: US$36.3m (down 34% from FY 2022).
• Profit margin: 18% (down from 36% in FY 2022).
• EPS: US$0.18 (down from US$0.35 in FY 2022).

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

Triple Flag Precious Metals EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 35%.

Looking ahead, revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

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

Risk Analysis

You should learn about the 3 warning signs we've spotted with Triple Flag Precious Metals.

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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.