Atenor Full Year 2024 Earnings: Misses Expectations

Atenor (EBR:ATEB) Full Year 2024 Results

Key Financial Results

• Revenue: €321.3m (up 259% from FY 2023).
• Net loss: €39.4m (loss narrowed by 63% from FY 2023).
• €0.91 loss per share (improved from €10.60 loss in FY 2023).

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

Atenor Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 68%.

Looking ahead, revenue is expected to fall by 9.2% p.a. on average during the next 3 years compared to a 20% decline forecast for the Real Estate industry in Belgium.

Performance of the Belgian Real Estate industry.

The company's shares are down 6.4% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Atenor (1 is significant!) that you should be aware of.

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