Capstone Copper Returns to Fiscal 2024 Profit, Revenue Rises

MT Newswires Live02-20

Capstone Copper (ASX:CSC) reported Thursday fiscal 2024 earnings of $0.11 per diluted share, returning to a profit compared with a loss of $0.15 per diluted share a year earlier.

For the fourth quarter, it reported earnings of $0.06 per share, compared with a loss of $0.02 per diluted share in the same period in the previous year.

Analysts polled by Visible Alpha expected earnings per diluted share of $0.05 for Q4.

Revenue for the 12 months ended Dec. 31, 2024, was $1.6 billion, compared with $1.35 billion a year earlier.

Revenue for the fourth quarter was $446.9 million, compared with $353.7 million in the year-ago quarter. Analysts surveyed by Visible Alpha expected a Q4 revenue of $508.3 million.

Analysts polled by Visible Alpha expect earnings of $0.29 per diluted share on total revenue of $2.23 billion in fiscal 2025.

The board did not declare or pay a dividend over the period.

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