Knorr-Bremse Full Year 2024 Earnings: EPS Misses Expectations
Knorr-Bremse (ETR:KBX) Full Year 2024 Results
Key Financial Results
- Revenue: €8.00b (flat on FY 2023).
- Net income: €445.0m (down 20% from FY 2023).
- Profit margin: 5.6% (down from 6.9% in FY 2023).
- EPS: €2.76 (down from €3.43 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Knorr-Bremse EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%.
The primary driver behind last 12 months revenue was the Rail Vehicle Systems segment contributing a total revenue of €4.04b (51% of total revenue). The largest operating expense was General & Administrative costs, amounting to €2.06b (56% of total expenses). Explore how KBX's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Germany.
Performance of the German Machinery industry.
The company's shares are down 4.1% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Knorr-Bremse that you need to be mindful of.
Valuation is complex, but we're here to simplify it.
Discover if Knorr-Bremse might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About XTRA:KBX
Knorr-Bremse
Develops, produces, and markets brake systems for rail and commercial vehicles and other safety-critical systems worldwide.
Excellent balance sheet with reasonable growth potential.
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