Winpak Full Year 2024 Earnings: EPS Misses Expectations

Winpak (TSE:WPK) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.13b (flat on FY 2023).
• Net income: US$149.5m (flat on FY 2023).
• Profit margin: 13% (in line with FY 2023).
• EPS: US$2.35 (up from US$2.28 in FY 2023).

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

Winpak EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.7%.

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Packaging industry in Canada.

Performance of the Canadian Packaging industry.

The company's shares are down 5.9% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Winpak's balance sheet and an in-depth analysis of the company's financial position.

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