Enagás Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Enagás (BME:ENG) Full Year 2024 Results

Key Financial Results

• Revenue: €913.2m (flat on FY 2023).
• Net loss: €299.3m (down by 187% from €342.5m profit in FY 2023).
• €1.15 loss per share (down from €1.31 profit in FY 2023).

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

Enagás Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 49%.

Looking ahead, revenue is expected to decline by 3.4% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to grow by 4.0%.

Performance of the market in Spain.

The company's shares are down 1.3% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Enagás that you should be aware of before investing here.

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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.