Journey Energy Second Quarter 2024 Earnings: Misses Expectations

Journey Energy (TSE:JOY) Second Quarter 2024 Results

Key Financial Results

• Revenue: CA$41.9m (down 6.0% from 2Q 2023).

• Net loss: CA$2.33m (loss widened by 31% from 2Q 2023).

• CA$0.04 loss per share (further deteriorated from CA$0.029 loss in 2Q 2023).

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

Journey Energy Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 23%. Earnings per share (EPS) was also behind analyst expectations.

The company's shares are down 8.6% from a week ago.

Risk Analysis

Be aware that Journey Energy is showing 2 warning signs in our investment analysis that you should know about...

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