FSUGY (Fortescue) 3-Year EPS without NRI Growth Rate : -14.00% (As of Jun. 2024)

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What is Fortescue 3-Year EPS without NRI Growth Rate?

Fortescue's EPS without NRI for the six months ended in Jun. 2024 was $1.52.

During the past 12 months, Fortescue's average EPS without NRI Growth Rate was 4.00% per year. During the past 3 years, the average EPS without NRI Growth Rate was -14.00% per year. During the past 5 years, the average EPS without NRI Growth Rate was 9.80% per year. During the past 10 years, the average EPS without NRI Growth Rate was 29.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.

During the past 13 years, the highest 3-Year average EPS without NRI Growth Rate of Fortescue was 126.50% per year. The lowest was -196.20% per year. And the median was 22.55% per year.

Competitive Comparison of Fortescue's 3-Year EPS without NRI Growth Rate

For the Other Industrial Metals & Mining subindustry, Fortescue's 3-Year EPS without NRI Growth Rate, along with its competitors' market caps and 3-Year EPS without NRI Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fortescue's 3-Year EPS without NRI Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortescue's 3-Year EPS without NRI Growth Rate distribution charts can be found below:

* The bar in red indicates where Fortescue's 3-Year EPS without NRI Growth Rate falls into.

Fortescue 3-Year EPS without NRI Growth Rate Calculation

This is the 3-year average growth rate of EPS without NRI. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.

Fortescue (OTCPK:FSUGY) 3-Year EPS without NRI Growth Rate Explanation

EPS without NRI is the amount of earnings without non-recurring items per outstanding share of the company's stock.

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists Earnings per share without Non-Recurring Items, which better reflects the company's underlying performance.

Fortescue 3-Year EPS without NRI Growth Rate Related Terms

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Fortescue Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (OTCPK:FSUGY) » Definitions » 3-Year EPS without NRI Growth Rate

Comparable Companies

Traded in Other Exchanges

FSUMF:USA FMG:Mexico FVJ:Germany FMG:Australia

Address

87 Adelaide Terrace, Level 2, East Perth, Perth, WA, AUS, 6004

Website

https://www.fortescue.com

Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2024 means Fortescue supplies around 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once its 22 million metric ton Iron Bridge magnetite mine ramps up, likely in 2026 or 2027. However, with longer-term demand likely to decline as China's economy matures, Fortescue's future margins are likely to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.