5N Plus (TSE:VNP) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$78.8m (up 25% from 3Q 2023).
- Net income: US$6.37m (up 320% from 3Q 2023).
- Profit margin: 8.1% (up from 2.4% in 3Q 2023).
- EPS: US$0.07 (up from US$0.017 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
5N Plus Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 9.7%. Earnings per share (EPS) also surpassed analyst estimates by 40%.
Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Chemicals industry in Canada.
Performance of the Canadian Chemicals industry.
The company's shares are down 5.3% from a week ago.
Risk Analysis
Be aware that 5N Plus is showing 3 warning signs in our investment analysis and 1 of those can't be ignored...
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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.
About TSX:VNP
5N Plus
Produces and sells specialty metals and chemicals in North America, Europe, and Asia.
Solid track record and good value.
