Telekom Austria Third Quarter 2024 Earnings: EPS: €0.27 (vs €0.30 in 3Q 2023)

Telekom Austria (VIE:TKA) Third Quarter 2024 Results

Key Financial Results

• Revenue: €1.35b (up 2.1% from 3Q 2023).
• Net income: €178.0m (down 11% from 3Q 2023).
• Profit margin: 13% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: €0.27 (down from €0.30 in 3Q 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 2.1% growth forecast for the Telecom industry in Europe.

Performance of the market in Austria.

The company's shares are down 4.2% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's 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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