Posco International Full Year 2024 Earnings: EPS Misses Expectations

Posco International (KRX:047050) Full Year 2024 Results

Key Financial Results

• Revenue: ₩32t (down 2.4% from FY 2023).
• Net income: ₩514.6b (down 24% from FY 2023).
• Profit margin: 1.6% (down from 2.0% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: ₩3,019 (down from ₩3,939 in FY 2023).

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

Posco International EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 26%.

Looking ahead, revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Trade Distributors industry in South Korea.

Performance of the South Korean Trade Distributors industry.

The company's shares are down 4.9% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Posco International (including 1 which is significant).

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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.