Titanium Transportation Group Second Quarter 2024 Earnings: In Line With Expectations

Titanium Transportation Group (TSE:TTNM) Second Quarter 2024 Results

Key Financial Results

• Revenue: CA$115.1m (up 15% from 2Q 2023).
• Net loss: CA$113.0k (down by 103% from CA$3.37m profit in 2Q 2023).
• CA$0.003 loss per share (down from CA$0.076 profit in 2Q 2023).

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

Titanium Transportation Group Earnings Insights

Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Logistics industry in North America.

Performance of the market in Canada.

The company's shares are down 3.9% from a week ago.

Risk Analysis

It is worth noting though that we have found 5 warning signs for Titanium Transportation Group (2 shouldn't be ignored!) that you need to take into consideration.

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