Stock Analysis

Petra Diamonds Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

LSE:PDL
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Petra Diamonds (LON:PDL) Full Year 2024 Results

Key Financial Results

  • Revenue: US$367.0m (up 13% from FY 2023).
  • Net loss: US$83.0m (loss widened by 28% from FY 2023).
  • US$0.42 loss per share (further deteriorated from US$0.33 loss in FY 2023).
earnings-and-revenue-growth
LSE:PDL Earnings and Revenue Growth September 25th 2024

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

Petra Diamonds Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 189%.

Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 1.2% 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 1.1% from a week ago.

Risk Analysis

Be aware that Petra Diamonds is showing 2 warning signs in our investment analysis that you should know about...

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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.