Q: Your assessment on their 4th. quarter. Cheers
5i Research Answer:
EPS of 63c beat estimates of 53c. Revenue of $1.42B beat estimates of $1.38B. EBITDA of $881M beat estimates by 13%. Profit fell 27% despite higher production, due to lower prices. Production rose 4.7% year-over-year. Production matched estimates. EPS does call for lower income in 2025 but we think this is well-reflected in its low valuation. Overall, we are comfortable.