Eastern Platinum Second Quarter 2024 Earnings: EPS: US$0.017 (vs US$0.044 in 2Q 2023)

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Eastern Platinum (TSE:ELR) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$18.8m (down 49% from 2Q 2023).

  • Net income: US$3.48m (down 55% from 2Q 2023).

  • Profit margin: 19% (down from 21% in 2Q 2023). The decrease in margin was driven by lower revenue.

  • EPS: US$0.017 (down from US$0.044 in 2Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

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

Eastern Platinum shares are down 12% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Eastern Platinum that you should be aware of.

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