CAP First Quarter 2024 Earnings: Misses Expectations

Simply Wall St · 05/13 10:17

CAP (SNSE:CAP) First Quarter 2024 Results

Key Financial Results

  • Revenue: US$512.6m (down 26% from 1Q 2023).
  • Net loss: US$38.5m (down from US$1.26m profit in 1Q 2023).
  • US$0.26 loss per share (down from US$0.008 profit in 1Q 2023).
earnings-and-revenue-growth
SNSE:CAP Earnings and Revenue Growth May 13th 2024

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

CAP Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates significantly.

Looking ahead, revenue is expected to decline by 8.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in South America are expected to grow by 2.5%.

Performance of the market in Chile.

The company's shares are up 3.0% from a week ago.

Risk Analysis

Be aware that CAP is showing 2 warning signs in our investment analysis and 1 of those doesn't sit too well with us...