A-Mark Precious Metals Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
A-Mark Precious Metals (NASDAQ:AMRK) Full Year 2024 Results
Key Financial Results
Revenue: US$9.70b (up 4.4% from FY 2023).
Net income: US$66.2m (down 58% from FY 2023).
Profit margin: 0.7% (down from 1.7% in FY 2023).
EPS: US$2.87 (down from US$6.68 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
A-Mark Precious Metals EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 23%.
Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Retail Distributors industry in the US.
Performance of the American Retail Distributors industry.
The company's shares are up 3.8% from a week ago.
Risk Analysis
Before you take the next step you should know about the 4 warning signs for A-Mark Precious Metals (1 makes us a bit uncomfortable!) that we have uncovered.
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