Perma-Fix Environmental Services Full Year 2024 Earnings: Misses Expectations

Perma-Fix Environmental Services (NASDAQ:PESI) Full Year 2024 Results

Key Financial Results

• Revenue: US$59.1m (down 34% from FY 2023).
• Net loss: US$19.6m (down from US$918.0k profit in FY 2023).
• US$1.30 loss per share (down from US$0.068 profit in FY 2023).

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

Perma-Fix Environmental Services Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 13%.

Looking ahead, revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Commercial Services industry in the US.

Performance of the American Commercial Services industry.

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

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Perma-Fix Environmental Services that we have uncovered.

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