ProCredit Holding Third Quarter 2024 Earnings: EPS: €0.46 (vs €0.51 in 3Q 2023)

ProCredit Holding (ETR:PCZ) Third Quarter 2024 Results

Key Financial Results

• Revenue: €112.6m (up 12% from 3Q 2023).
• Net income: €27.2m (down 9.1% from 3Q 2023).
• Profit margin: 24% (down from 30% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: €0.46 (down from €0.51 in 3Q 2023).

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

ProCredit Holding Earnings Insights

Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe.

Performance of the market in Germany.

The company's shares are up 1.3% from a week ago.

Risk Analysis

Be aware that ProCredit Holding is showing 1 warning sign in our investment analysis that you should know about...

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