Ampco-Pittsburgh Full Year 2024 Earnings: EPS: US$0.022 (vs US$2.04 loss in FY 2023)

Ampco-Pittsburgh (NYSE:AP) Full Year 2024 Results

Key Financial Results

• Revenue: US$418.3m (down 1.0% from FY 2023).
• Net income: US$438.0k (up from US$39.9m loss in FY 2023).
• Profit margin: 0.1% (up from net loss in FY 2023).
• EPS: US$0.022 (up from US$2.04 loss in FY 2023).

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

The primary driver behind last 12 months revenue was the Forged and Cast Engineered Products segment contributing a total revenue of US$286.6m (69% of total revenue). Notably, cost of sales worth US$336.8m amounted to 81% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$50.1m (62% of total expenses). Explore how AP's revenue and expenses shape its earnings.

Ampco-Pittsburgh shares are up 1.9% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Ampco-Pittsburgh has 4 warning signs (and 1 which is concerning) we think you should know about.

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