Ithaca Energy Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St

March 27, 2025

Ithaca Energy (LON:ITH) Full Year 2024 Results

Key Financial Results

Revenue: US$1.98b (down 15% from FY 2023).
Net income: US$153.2m (down 29% from FY 2023).
Profit margin: 7.7% (down from 9.3% in FY 2023).
EPS: US$0.13 (down from US$0.21 in FY 2023).

earnings-and-revenue-growth — LSE:ITH Earnings and Revenue Growth March 27th 2025

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

Ithaca Energy EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 1.5%.

Looking ahead, revenue is forecast to grow 4.8% 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 up 13% from a week ago.

Risk Analysis

Be aware that Ithaca Energy is showing 3 warning signs in our investment analysis and 2 of those are significant...

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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.