Colbún Second Quarter 2024 Earnings: EPS: US$0.004 (vs US$0.008 in 2Q 2023)

Colbún (SNSE:COLBUN) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$425.5m (down 22% from 2Q 2023).
• Net income: US$61.8m (down 54% from 2Q 2023).
• Profit margin: 14% (down from 25% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: US$0.004 (down from US$0.008 in 2Q 2023).

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

Colbún Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.9% growth forecast for the Renewable Energy industry in South America.

Performance of the market in Chile.

The company's share price is broadly unchanged 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 Colbún (1 doesn't sit too well with us!) that you need to be mindful of.

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