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.

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