Chemours Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Chemours (NYSE:CC) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.50b (flat on 3Q 2023).
• Net loss: US$27.0m (down by 235% from US$20.0m profit in 3Q 2023).
• US$0.18 loss per share (down from US$0.14 profit in 3Q 2023).

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

Chemours Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in the US.

Performance of the American Chemicals industry.

The company's shares are up 11% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for Chemours you should be aware of, and 2 of them don't sit too well with us.

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