Lexaria Bioscience Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Lexaria Bioscience (NASDAQ:LEXX) Full Year 2024 Results

Key Financial Results

• Net loss: US$5.80m (loss narrowed by 13% from FY 2023).
• US$0.47 loss per share (improved from US$1.01 loss in FY 2023).

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

Lexaria Bioscience Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 6.8%.

Looking ahead, revenue is forecast to grow 62% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Pharmaceuticals industry in the US.

Performance of the American Pharmaceuticals industry.

The company's shares are down 5.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 6 warning signs for Lexaria Bioscience (2 shouldn't be ignored!) that you need to take into consideration.

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