Geberit Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Geberit (VTX:GEBN) Third Quarter 2024 Results

Key Financial Results

• Revenue: CHF762.3m (up 4.7% from 3Q 2023).
• Net income: CHF150.3m (up 1.7% from 3Q 2023).
• Profit margin: 20% (in line with 3Q 2023).
• EPS: CHF4.55 (up from CHF4.42 in 3Q 2023).

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

Geberit Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 1.9%.

Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Building industry in Switzerland.

Performance of the Swiss Building industry.

The company's shares are up 3.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Geberit you should be aware of.

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