Daimler Truck Holding First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Simply Wall St

May 04, 2024

Daimler Truck Holding (ETR:DTG) First Quarter 2024 Results

Key Financial Results

Revenue: €13.3b (flat on 1Q 2023).
Net income: €800.0m (up 8.5% from 1Q 2023).
Profit margin: 6.0% (up from 5.6% in 1Q 2023).
EPS: €1.00 (up from €0.90 in 1Q 2023).

earnings-and-revenue-growth — XTRA:DTG Earnings and Revenue Growth May 4th 2024

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

Daimler Truck Holding Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 2.4%.

Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany.

Performance of the German Machinery industry.

The company's shares are down 4.5% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Daimler Truck Holding (1 can't be ignored!) that you should be aware of before investing here.

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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.