Algoma Central (TSE:ALC) Third Quarter 2024 Results

Key Financial Results

• Revenue: CA$204.6m (flat on 3Q 2023).

• Net income: CA$39.9m (up 12% from 3Q 2023).

• Profit margin: 20% (up from 17% in 3Q 2023).

• EPS: CA$0.98 (up from CA$0.93 in 3Q 2023).

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

Algoma Central Earnings Insights

Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, while revenues in the Shipping industry in North America are expected to remain flat.

Performance of the market in Canada.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Algoma Central.

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