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Tharisa PLC Forecasts Decrease in Earnings

Tharisa PLC Forecasts Decrease in Earnings

Tharisa (GB:THS) has released an update.

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Tharisa PLC, an integrated resource group, has announced that its headline earnings per share (HEPS) and basic earnings per share (EPS) for the six months ending March 31, 2024, are expected to decrease by 23.3% to 29.0% compared to the same period last year. The anticipated decrease is partly due to a nearly 40% drop in PGM prices received and rising cost pressures. The full interim financial results are set to be released around May 23, 2024.

For further insights into GB:THS stock, check out TipRanks’ Stock Analysis page.

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