Stock Analysis
K+S First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
K+S (ETR:SDF) First Quarter 2024 Results
Key Financial Results
- Revenue: €988.0m (down 17% from 1Q 2023).
- Net income: €18.6m (down 93% from 1Q 2023).
- Profit margin: 1.9% (down from 22% in 1Q 2023).
- EPS: €0.10 (down from €1.38 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
K+S Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 7.1%. Earnings per share (EPS) missed analyst estimates by 64%.
Looking ahead, revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany.
Performance of the German Chemicals industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for K+S you should know about.
Valuation is complex, but we're here to simplify it.
Discover if K+S might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About XTRA:SDF
K+S
Operates as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors worldwide.
Excellent balance sheet, good value and pays a dividend.