Stock Analysis
Stabilus Second Quarter 2024 Earnings: EPS: €0.71 (vs €1.71 in 2Q 2023)
Stabilus (ETR:STM) Second Quarter 2024 Results
Key Financial Results
- Revenue: €313.5m (flat on 2Q 2023).
- Net income: €17.6m (down 59% from 2Q 2023).
- Profit margin: 5.6% (down from 14% in 2Q 2023).
- EPS: €0.71 (down from €1.71 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Stabilus Earnings Insights
Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany.
Performance of the German Machinery industry.
The company's shares are up 5.2% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Stabilus that we have uncovered.
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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:STM
Stabilus
Engages in the manufacture and sale of gas springs, dampers, vibration isolation products, and electric tailgate opening and closing equipment in Europe, the Middle East, Africa, North and South America, the Asia-Pacific, and internationally.
Undervalued with reasonable growth potential.