Exxaro Resources First Half 2024 Earnings: EPS: R15.23 (vs R24.40 in 1H 2023)

Exxaro Resources (JSE:EXX) First Half 2024 Results

Key Financial Results

• Revenue: R19.0b (flat on 1H 2023).
• Net income: R3.69b (down 38% from 1H 2023).
• Profit margin: 19% (down from 31% in 1H 2023).
• EPS: R15.23 (down from R24.40 in 1H 2023).

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

Exxaro Resources Earnings Insights

Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Oil and Gas industry in Africa.

Performance of the market in South Africa.

The company's shares are down 7.8% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Exxaro Resources that you should be aware of before investing here.

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