Österreichische Post Second Quarter 2024 Earnings: Beats Expectations
Österreichische Post (VIE:POST) Second Quarter 2024 Results
Key Financial Results
- Revenue: €639.6m (up 3.1% from 2Q 2023).
- Net income: €45.5m (flat on 2Q 2023).
- Profit margin: 7.1% (down from 7.3% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: €0.67 (down from €0.67 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Österreichische Post Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 8.6%. Earnings per share (EPS) also surpassed analyst estimates by 5.9%.
Looking ahead, revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Logistics industry in Europe.
Performance of the market in Austria.
The company's shares are down 2.6% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Österreichische Post, and understanding them should be part of your investment process.
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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.
About WBAG:POST
Österreichische Post
Provides postal and parcel services in Austria, Germany, Southeast and Eastern Europe, Türkiye, Azerbaijan, and internationally.
Undervalued with adequate balance sheet.