In This Article:
Strathcona Resources (TSE:SCR) Third Quarter 2024 Results
Key Financial Results
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Revenue: CA$1.17b (up 5.5% from 3Q 2023).
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Net income: CA$188.0m (up from CA$41.1m loss in 3Q 2023).
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Profit margin: 16% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses.
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EPS: CA$0.88 (up from CA$0.28 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Strathcona Resources shares are up 15% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Strathcona Resources that we have uncovered.
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