In This Article:
Westshore Terminals Investment (TSE:WTE) Full Year 2024 Results
Key Financial Results
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Revenue: CA$404.7m (up 6.2% from FY 2023).
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Net income: CA$115.3m (down 1.1% from FY 2023).
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Profit margin: 28% (down from 31% in FY 2023). The decrease in margin was driven by higher expenses.
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EPS: CA$1.86 (down from CA$1.86 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Westshore Terminals Investment Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) also surpassed analyst estimates by 3.9%.
Looking ahead, revenue is expected to decline by 2.1% p.a. on average during the next 2 years, while revenues in the Global Infrastructure industry are expected to grow by 6.0%.
Performance of the market in Canada.
The company's shares are down 2.5% from a week ago.
Risk Analysis
Be aware that Westshore Terminals Investment is showing 2 warning signs in our investment analysis and 1 of those is significant...
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