Telekom Austria First Quarter 2024 Earnings: EPS: €0.18 (vs €0.20 in 1Q 2023)

Telekom Austria (VIE:TKA) First Quarter 2024 Results

Key Financial Results

• Revenue: €1.27b (up 2.8% from 1Q 2023).
• Net income: €117.0m (down 13% from 1Q 2023).
• Profit margin: 9.2% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses.
• EPS: €0.18 (down from €0.20 in 1Q 2023).

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

Telekom Austria Earnings Insights

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Telecom industry in Europe.

Performance of the market in Austria.

The company's shares are up 1.9% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Telekom Austria's balance sheet and an in-depth analysis of the company's financial position.

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