Pharos Energy (LON:PHAR) Full Year 2024 Results
Key Financial Results
- Revenue: US$136.0m (down 14% from FY 2023).
- Net income: US$23.6m (up from US$48.8m loss in FY 2023).
- Profit margin: 17% (up from net loss in FY 2023).
- EPS: US$0.057 (up from US$0.11 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Pharos Energy EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%.
Looking ahead, revenue is forecast to decline by 13% 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 4.5% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Pharos Energy (1 is a bit unpleasant) you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Pharos 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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