Pan African Resources Full Year 2024 Earnings: Misses Expectations

Pan African Resources (LON:PAF) Full Year 2024 Results

Key Financial Results

• Revenue: US$373.8m (up 16% from FY 2023).
• Net income: US$79.4m (up 30% from FY 2023).
• Profit margin: 21% (up from 19% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$0.041 (up from US$0.032 in FY 2023).

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

Pan African Resources Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 6.6%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in the United Kingdom.

Performance of the British Metals and Mining industry.

The company's shares are up 5.7% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Pan African Resources (1 makes us a bit uncomfortable!) that we have uncovered.

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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.