Ernst Russ Third Quarter 2024 Earnings: EPS: €0.29 (vs €0.57 in 3Q 2023)

Ernst Russ (ETR:HXCK) Third Quarter 2024 Results

Key Financial Results

• Revenue: €41.5m (down 21% from 3Q 2023).
• Net income: €9.88m (down 47% from 3Q 2023).
• Profit margin: 24% (down from 35% in 3Q 2023).
• EPS: €0.29 (down from €0.57 in 3Q 2023).

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

Ernst Russ Earnings Insights

Looking ahead, revenue is forecast to decline by 4.4% 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 6.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Ernst Russ (1 is a bit concerning!) that we have uncovered.

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