Stock Analysis
RENK Group Third Quarter 2024 Earnings: EPS Misses Expectations
RENK Group (FRA:R3NK) Third Quarter 2024 Results
Key Financial Results
- Net loss: €501.0k (flat on 3Q 2023).
- €0.005 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
RENK Group EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 12% 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 5.8% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for RENK Group you should be aware of.
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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 DB:R3NK
RENK Group
Engages in the design, engineering, production, testing, and servicing of customized drive systems in Germany and internationally.
