IMMOFINANZ Third Quarter 2024 Earnings: EPS: €0.054 (vs €0.26 in 3Q 2023)

IMMOFINANZ (VIE:IIA) Third Quarter 2024 Results

Key Financial Results

• Revenue: €193.3m (up 9.4% from 3Q 2023).
• Net income: €7.51m (down 79% from 3Q 2023).
• Profit margin: 3.9% (down from 20% in 3Q 2023).
• EPS: €0.054 (down from €0.26 in 3Q 2023).

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 3.4% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Europe are expected to remain flat.

Performance of the market in Austria.

The company's shares are down 2.9% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for IMMOFINANZ that you need to take into consideration.

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