In This Article:
Westrock Coffee (NASDAQ:WEST) Full Year 2024 Results
Key Financial Results
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Revenue: US$850.7m (down 1.6% from FY 2023).
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Net loss: US$79.9m (loss widened by 130% from FY 2023).
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US$0.89 loss per share (further deteriorated from US$0.43 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Westrock Coffee EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 49%.
The primary driver behind last 12 months revenue was the Beverage Solutions segment contributing a total revenue of US$659.4m (78% of total revenue). Notably, cost of sales worth US$697.0m amounted to 82% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$185.1m (79% of total expenses). Explore how WEST's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Food industry in the US.
Performance of the American Food industry.
The company's shares are down 14% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Westrock Coffee that we have uncovered.
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