Motor Oil (Hellas) Corinth Refineries Third Quarter 2024 Earnings: €1.29 loss per share (vs €4.06 profit in 3Q 2023)

Motor Oil (Hellas) Corinth Refineries (ATH:MOH) Third Quarter 2024 Results

Key Financial Results

• Revenue: €3.13b (down 23% from 3Q 2023).
• Net loss: €138.7m (down by 132% from €440.9m profit in 3Q 2023).
• €1.29 loss per share (down from €4.06 profit in 3Q 2023).

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

Motor Oil (Hellas) Corinth Refineries Earnings Insights

Looking ahead, revenue is expected to fall by 3.2% p.a. on average during the next 3 years compared to a 1.1% decline forecast for the Oil and Gas industry in Europe.

Performance of the market in Greece.

The company's shares are down 2.4% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Motor Oil (Hellas) Corinth Refineries (2 shouldn't be ignored) you should be aware of.

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