Coronado Global Resources Swings to Loss in 2024, Reports Lower Revenue

MT Newswires Live
20 Feb

Coronado Global Resources (ASX:CRN) reported Thursday that it swung to a loss of $0.65 per diluted share in fiscal 2024, compared with earnings of $0.93 per diluted share a year earlier.

Analysts polled by Visible Alpha expected a loss per diluted share of $0.67.

Total revenue for the 12 months ended Dec. 31, 2024, was AU$2.51

billion, down 13% compared with AU$2.89 billion a year earlier. Analysts surveyed by Visible Alpha expected a total revenue of $2.51 billion.

The board declared a dividend of AU$0.005 per Chess depository interest, unchanged from AU$0.005 in the previously reported period, payable April 4 to shareholders on record as of March 12.

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