Stock Analysis

HomeToGo Reports Third Quarter 2024 Earnings

XTRA:HTG
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HomeToGo (ETR:HTG) Third Quarter 2024 Results

Key Financial Results

  • Revenue: €87.4m (up 18% from 3Q 2023).
  • Net income: €23.8m (up 12% from 3Q 2023).
  • Profit margin: 27% (down from 29% in 3Q 2023).
earnings-and-revenue-growth
XTRA:HTG Earnings and Revenue Growth November 14th 2024

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

HomeToGo Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in Germany.

Performance of the German Hospitality industry.

The company's shares are down 2.3% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on HomeToGo's balance sheet health.

Valuation is complex, but we're here to simplify it.

Discover if HomeToGo 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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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.