RATIONAL Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

RATIONAL (ETR:RAA) Third Quarter 2024 Results

Key Financial Results

• Revenue: €294.2m (up 8.1% from 3Q 2023).
• Net income: €61.6m (up 18% from 3Q 2023).
• Profit margin: 21% (up from 19% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: €5.42 (up from €4.60 in 3Q 2023).

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

RATIONAL EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 4.5%.

Looking ahead, revenue is forecast to grow 8.2% 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 shares are down 3.4% from a week ago.

Valuation

It's possible that RATIONAL could be overvalued with our 6-factor valuation analysis indicating potential weakness. Discover what analysts are forecasting and how the current share price shapes up by clicking here.

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