Wienerberger (VIE:WIE) Second Quarter 2024 Results
Key Financial Results
- Revenue: €1.26b (up 9.6% from 2Q 2023).
- Net income: €35.4m (down 71% from 2Q 2023).
- Profit margin: 2.8% (down from 11% in 2Q 2023).
- EPS: €0.33 (down from €1.16 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Wienerberger Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 101%.
Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Basic Materials industry in Europe.
Performance of the market in Austria.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Wienerberger (at least 1 which shouldn't be ignored), and understanding them should be part of your investment process.
Valuation is complex, but we're here to simplify it.
Discover if Wienerberger might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About WBAG:WIE
Wienerberger
Produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe.
Established dividend payer and good value.