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Supremex Third Quarter 2024 Earnings: CA$0.93 loss per share (vs CA$0.19 profit in 3Q 2023)

In This Article:

Supremex (TSE:SXP) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CA$69.4m (flat on 3Q 2023).

  • Net loss: CA$23.0m (down from CA$5.00m profit in 3Q 2023).

  • CA$0.93 loss per share (down from CA$0.19 profit in 3Q 2023).

earnings-and-revenue-history
TSX:SXP Earnings and Revenue History November 8th 2024

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

Supremex Earnings Insights

Looking ahead, revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Forestry industry in Canada.

Performance of the Canadian Forestry industry.

The company's shares are down 6.1% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Supremex (1 shouldn't be ignored!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.