CAP Third Quarter 2024 Earnings: Misses Expectations

CAP (SNSE:CAP) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$433.2m (down 33% from 3Q 2023).
• Net loss: US$8.42m (down by 310% from US$4.01m profit in 3Q 2023).
• US$0.056 loss per share (down from US$0.027 profit in 3Q 2023).

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

CAP Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 29%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.0% growth forecast for the Metals and Mining industry in South America.

Performance of the market in Chile.

The company's shares are down 2.5% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for CAP (1 doesn't sit too well with us!) that you need to be mindful of.

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