What's the outlook for KEN's EPS?

**Kenon Holdings (KEN) is facing significant challenges in improving its EPS (Earnings Per Share) in the near term.** Here's a detailed analysis: 1. **Current Financial Performance**: The most recent data available shows that Kenon Holdings' EPS for the trailing 12 months (TTM) as of December 31, 2024, is -$11.68. This indicates that the company is currently unprofitable, with a substantial loss per share. |code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code| |---|---|---|---|---|---|---| |KEN|KEN.N|Kenon Holdings|2024 Q1|207.14285714285717|0.15|169| |KEN|KEN.N|Kenon Holdings|2024 Q2|480.3571428571428|2.13|169| |KEN|KEN.N|Kenon Holdings|2024 Q3|121.14882506527415|0.81|169| 2. **Recent Quarterly Performance**: - In Q2 2024, Kenon Holdings reported an EPS of $2.28, which is a significant improvement from the $0.70 loss in Q2 2023. However, this isolated quarter's performance does not necessarily indicate a sustained trend. - In Q1 2024, the EPS was $0.15, up from a $0.14 loss in Q1 2023, showing improvement but remaining in the lower range. 3. **Analyst Ratings and Price Targets**: Currently, there are no available data on analysts' average price targets or consensus ratings for Kenon Holdings. This lack of information makes it difficult to gauge the market's expectations for future EPS improvements. 4. **Institutional Investor Activity**: Institutional investors have been making changes to their positions in Kenon Holdings. For example, Assenagon Asset Management S.A. has increased its stake in the company. However, these changes in ownership do not directly indicate future EPS trends. 5. **Market Performance and Sentiment**: The stock has experienced a gap up to $24.91, which may reflect positive sentiment from investors. However, the overall market sentiment and performance indicators are not currently available. 6. **Strategic Moves and Financial Performance**: Kenon Holdings has completed the sale of its remaining shares in ZIM Integrated Shipping Services Ltd., realizing approximately $2.1 billion. This significant capital realization could potentially impact the company's financial positioning and future investment decisions, which in turn could affect EPS. In conclusion, while there have been recent positive developments in terms of revenue growth and profitability in certain quarters, the overall trend of Kenon Holdings' EPS remains negative. The lack of available data on analyst price targets and consensus ratings makes it challenging to predict a specific future trajectory for the EPS. However, the company's strategic moves and financial performance indicators suggest that improving EPS to a positive figure will be a significant challenge in the near term.