Hunting First Half 2024 Earnings: EPS: US$0.16 (vs US$0.065 in 1H 2023)

Hunting (LON:HTG) First Half 2024 Results

Key Financial Results

• Revenue: US$493.8m (up 3.3% from 1H 2023).
• Net income: US$26.2m (up 154% from 1H 2023).
• Profit margin: 5.3% (up from 2.2% in 1H 2023).
• EPS: US$0.16 (up from US$0.065 in 1H 2023).

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

Hunting Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Energy Services industry in the United Kingdom.

Performance of the British Energy Services industry.

The company's shares are up 2.8% from a week ago.

Risk Analysis

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

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