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

Fresnillo (LON:FRES) Full Year 2024 Results

Key Financial Results

• Revenue: US$3.50b (up 29% from FY 2023).
• Net income: US$140.9m (down 40% from FY 2023).
• Profit margin: 4.0% (down from 8.6% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.19 (down from US$0.32 in FY 2023).

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

Fresnillo Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 64%.

Looking ahead, revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to grow by 1.8%.

Performance of the British Metals and Mining industry.

The company's shares are up 9.4% from a week ago.

Valuation

Following the latest earnings results, Fresnillo may be overvalued based on 6 different valuation benchmarks we assess. Discover what analysts are forecasting and how the current share price shapes up by clicking here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.