Capricorn Energy (LON:CNE) Full Year 2024 Results
Key Financial Results
- Revenue: US$177.9m (down 12% from FY 2023).
- Net loss: US$12.6m (loss narrowed by 91% from FY 2023).
- US$0.17 loss per share (improved from US$1.41 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Capricorn Energy EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 147%.
Looking ahead, revenue is forecast to decline by 23% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the United Kingdom are expected to remain flat.
Performance of the British Oil and Gas industry.
The company's shares are down 3.3% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Capricorn Energy (of which 1 is concerning!) you should know about.
Valuation is complex, but we're here to simplify it.
Discover if Capricorn Energy might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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