Kosmos Energy Full Year 2024 Earnings: Misses Expectations

Kosmos Energy (NYSE:KOS) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.68b (down 1.5% from FY 2023).
• Net income: US$189.9m (down 11% from FY 2023).
• Profit margin: 11% (down from 13% in FY 2023).
• EPS: US$0.40 (down from US$0.47 in FY 2023).

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

Kosmos Energy Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 31%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.5% growth forecast for the Oil and Gas industry in the US.

Performance of the American Oil and Gas industry.

The company's shares are down 8.3% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Kosmos Energy, and understanding them should be part of your investment process.

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