In This Article:
Tidewater Midstream and Infrastructure (TSE:TWM) Full Year 2024 Results
Key Financial Results
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Revenue: CA$1.64b (down 26% from FY 2023).
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Net loss: CA$26.6m (loss narrowed by 93% from FY 2023).
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CA$0.06 loss per share (improved from CA$0.91 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tidewater Midstream and Infrastructure EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) exceeded analyst estimates by 29%.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Oil and Gas industry in Canada.
Performance of the Canadian Oil and Gas industry.
The company's shares are up 11% from a week ago.
Risk Analysis
Before you take the next step you should know about the 4 warning signs for Tidewater Midstream and Infrastructure (1 makes us a bit uncomfortable!) that we have uncovered.
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