CA Immobilien Anlagen Second Quarter 2024 Earnings: €0.67 loss per share (vs €0.17 loss in 2Q 2023)

CA Immobilien Anlagen (VIE:CAI) Second Quarter 2024 Results

Key Financial Results

• Revenue: €60.1m (down 67% from 2Q 2023).
• Net loss: €65.2m (loss widened by 277% from 2Q 2023).
• €0.67 loss per share (further deteriorated from €0.17 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

CA Immobilien Anlagen Earnings Insights

Looking ahead, revenue is expected to fall by 10% p.a. on average during the next 3 years compared to a 2.2% decline forecast for the Real Estate industry in Europe.

Performance of the market in Austria.

The company's share price is broadly unchanged from a week ago.

Valuation

CA Immobilien Anlagen's financial results now indicate the company's shares could be facing some headwinds based on 6 important indicators. To explore our complete evaluation click here and get an understanding of what analysts are thinking about the company's future.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.