Burford Capital (LON:BUR) Third Quarter 2024 Results

Key Financial Results

• Net income: US$135.6m (down 50% from 3Q 2023).

• EPS: US$0.62 (down from US$1.25 in 3Q 2023).

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

Burford Capital Earnings Insights

Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 12% decline forecast for the Diversified Financial industry in the United Kingdom.

Performance of the British Diversified Financial industry.

The company's shares are up 7.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Burford Capital (1 is significant!) that you should be aware of.

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