d'Amico International Shipping Full Year 2024 Earnings: Revenues Disappoint

d'Amico International Shipping (BIT:DIS) Full Year 2024 Results

Key Financial Results

• Revenue: US$488.2m (down 9.4% from FY 2023).
• Net income: US$188.5m (down 1.9% from FY 2023).
• Profit margin: 39% (up from 36% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: US$1.56 (down from US$1.58 in FY 2023).

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

d'Amico International Shipping Revenues Disappoint

Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to decline by 31% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat.

Performance of the market in Italy.

The company's shares are down 3.5% from a week ago.

Risk Analysis

You still need to take note of risks, for example - d'Amico International Shipping has 1 warning sign we think you should be aware of.

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