Expro Group Holdings Full Year 2024 Earnings: EPS Misses Expectations

Expro Group Holdings (NYSE:XPRO) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.71b (up 13% from FY 2023).
• Net income: US$51.9m (up from US$23.4m loss in FY 2023).
• Profit margin: 3.0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
• EPS: US$0.45 (up from US$0.21 loss in FY 2023).

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

Expro Group Holdings EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 27%.

Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Energy Services industry in the US.

Performance of the American Energy Services industry.

The company's shares are down 7.6% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Expro Group Holdings' balance sheet.

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