Burford Capital First Quarter 2024 Earnings: US$0.14 loss per share (vs US$1.19 profit in 1Q 2023)
Burford Capital (LON:BUR) First Quarter 2024 Results
Key Financial Results
Net loss: US$29.9m (down by 112% from US$259.4m profit in 1Q 2023).
US$0.14 loss per share (down from US$1.19 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Burford Capital Earnings Insights
Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 8.2% decline forecast for the Diversified Financial industry in the United Kingdom.
Performance of the British Diversified Financial industry.
The company's shares are down 6.6% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Burford Capital you should be aware of.
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