Stock Analysis
- Chile
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- Oil and Gas
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- SNSE:COPEC
Empresas Copec First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
Empresas Copec (SNSE:COPEC) First Quarter 2024 Results
Key Financial Results
- Revenue: US$7.27b (down 3.1% from 1Q 2023).
- Net income: US$227.9m (up 48% from 1Q 2023).
- Profit margin: 3.1% (up from 2.1% in 1Q 2023).
- EPS: US$0.17 (up from US$0.12 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Empresas Copec EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 25%.
Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in South America are expected to remain flat.
Performance of the market in Chile.
The company's shares are up 5.0% from a week ago.
Risk Analysis
You should learn about the 4 warning signs we've spotted with Empresas Copec.
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About SNSE:COPEC
Empresas Copec
Operates in the natural resources and energy sectors in Chile and internationally.
Moderate growth potential with questionable track record.