DWS Group GmbH KGaA Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line

Simply Wall St

October 25, 2024

DWS Group GmbH KGaA (ETR:DWS) Third Quarter 2024 Results

Key Financial Results

Revenue: €684.0m (up 2.7% from 3Q 2023).
Net income: €166.0m (up 13% from 3Q 2023).
Profit margin: 24% (up from 22% in 3Q 2023).
EPS: €0.83.

earnings-and-revenue-growth — XTRA:DWS Earnings and Revenue Growth October 25th 2024

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

DWS Group GmbH KGaA Revenues Beat Expectations

Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to decline by 3.3% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat.

Performance of the German Capital Markets industry.

The company's shares are up 2.1% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for DWS Group GmbH KGaA you should be aware of.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.