CEZ a. s Third Quarter 2024 Earnings: EPS: Kč4.40 (vs Kč14.00 in 3Q 2023)

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

Key Financial Results

• Revenue: Kč82.4b (up 7.4% from 3Q 2023).
• Net income: Kč2.34b (down 69% from 3Q 2023).
• Profit margin: 2.8% (down from 9.8% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: Kč4.40 (down from Kč14.00 in 3Q 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 4.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 2.2%.

Performance of the market in Czech Republic.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for CEZ a. s that we have uncovered.

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