Stock Analysis

IMMOFINANZ Second Quarter 2024 Earnings: €0.071 loss per share (vs €0.75 loss in 2Q 2023)

WBAG:IIA
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IMMOFINANZ (VIE:IIA) Second Quarter 2024 Results

Key Financial Results

  • Revenue: €200.8m (up 11% from 2Q 2023).
  • Net loss: €9.77m (loss narrowed by 93% from 2Q 2023).
  • €0.071 loss per share (improved from €0.75 loss in 2Q 2023).
earnings-and-revenue-growth
WBAG:IIA Earnings and Revenue Growth September 4th 2024

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

IMMOFINANZ Earnings Insights

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.7% decline forecast for the Real Estate industry in Europe.

Performance of the market in Austria.

The company's shares are down 6.5% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for IMMOFINANZ (1 is significant!) that we have uncovered.

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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.