FMG News: Fortescue Full Year 2024 Earnings: Misses Expectations - 29th Aug 2024, 6:49am

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Fortescue (ASX:FMG) Full Year 2024 Results

Key Financial Results

Revenue: US$18.2b (up 8.0% from FY 2023). Net income: US$5.68b (up 18% from FY 2023). Profit margin: 31% (up from 28% in FY 2023). The increase in margin was driven by higher revenue. EPS: US$1.85 (up from US$1.56 in FY 2023). earnings-and-revenue-growth

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

Fortescue Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.6%. Ear...

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