Swisscom (VTX:SCMN) Third Quarter 2024 Results
Key Financial Results
- Revenue: CHF2.72b (down 1.2% from 3Q 2023).
- Net income: CHF447.0m (down 3.5% from 3Q 2023).
- Profit margin: 16% (in line with 3Q 2023).
- EPS: CHF8.63 (down from CHF8.94 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Swisscom EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 5.8%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Telecom industry in Europe.
Performance of the market in Switzerland.
The company's shares are down 4.7% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Swisscom (1 is potentially serious) you should be aware of.
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Discover if Swisscom might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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