Stock Analysis
- Chile
- /
- Specialty Stores
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- SNSE:COPEC
Empresas Copec Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
Empresas Copec (SNSE:COPEC) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$7.10b (up 3.4% from 2Q 2023).
- Net income: US$295.6m (up by US$249.7m from 2Q 2023).
- Profit margin: 4.2% (up from 0.7% in 2Q 2023).
- EPS: US$0.23 (up from US$0.035 in 2Q 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 3.7%. Earnings per share (EPS) exceeded analyst estimates by 53%.
Looking ahead, revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Specialty Retail industry in South America.
Performance of the market in Chile.
The company's shares are up 3.9% from a week ago.
Risk Analysis
Be aware that Empresas Copec is showing 2 warning signs in our investment analysis that you should know about...
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About SNSE:COPEC
Empresas Copec
Operates in the natural resources and energy sectors in Chile and internationally.