Stolt-Nielsen Third Quarter 2024 Earnings: EPS Beats Expectations

Stolt-Nielsen (OB:SNI) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$732.8m (up 5.5% from 3Q 2023).
• Net income: US$99.2m (up 10% from 3Q 2023).
• Profit margin: 14% (in line with 3Q 2023).
• EPS: US$1.85 (up from US$1.68 in 3Q 2023).

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

Stolt-Nielsen EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%.

Looking ahead, revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Shipping industry in Norway.

Performance of the Norwegian Shipping industry.

The company's shares are down 5.5% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Stolt-Nielsen (including 1 which is a bit unpleasant).

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