CEZ a. s Second Quarter 2024 Earnings: EPS: Kč14.10 (vs Kč21.31 in 2Q 2023)

CEZ a. s (SEP:CEZ) Second Quarter 2024 Results

Key Financial Results

• Revenue: Kč74.3b (down 2.0% from 2Q 2023).
• Net income: Kč7.56b (down 34% from 2Q 2023).
• Profit margin: 10% (down from 15% in 2Q 2023). The decrease in margin was primarily driven by higher expenses.
• EPS: Kč14.10 (down from Kč21.31 in 2Q 2023).

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

CEZ a. s Earnings Insights

Looking ahead, revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.2%.

Performance of the market in Czech Republic.

The company's shares are down 1.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - CEZ a. s has 2 warning signs (and 1 which is a bit concerning) we think you should know about.

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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.