DEUTZ Third Quarter 2024 Earnings: €0.015 loss per share (vs €0.17 profit in 3Q 2023)
DEUTZ (ETR:DEZ) Third Quarter 2024 Results
Key Financial Results
- Revenue: €430.4m (down 17% from 3Q 2023).
- Net loss: €2.00m (down by 109% from €21.6m profit in 3Q 2023).
- €0.015 loss per share (down from €0.17 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
DEUTZ Earnings Insights
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany.
Performance of the German Machinery industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for DEUTZ that you need to take into consideration.
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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.
About XTRA:DEZ
DEUTZ
Develops, manufactures, and sells diesel and gas engines in Europe, the Middle East, Africa, the Asia Pacific, and the Americas.
Undervalued with excellent balance sheet and pays a dividend.