Metro Third Quarter 2024 Earnings: EPS: €0.04 (vs €0.48 in 3Q 2023)

Metro (ETR:B4B) Third Quarter 2024 Results

Key Financial Results

• Revenue: €7.98b (up 4.4% from 3Q 2023).
• Net income: €15.0m (down 91% from 3Q 2023).
• Profit margin: 0.2% (down from 2.3% in 3Q 2023).
• EPS: €0.04 (down from €0.48 in 3Q 2023).

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

Metro Earnings Insights

Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe.

Performance of the market in Germany.

The company's shares are up 4.1% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Metro you should know about.

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