Mutares SE KGaA Reports Third Quarter 2024 Earnings

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Mutares SE KGaA (ETR:MUX) Third Quarter 2024 Results

Key Financial Results

  • Revenue: €1.65b (up 48% from 3Q 2023).
  • Net loss: €41.2m (down by 215% from €35.7m profit in 3Q 2023).
  • €1.93 loss per share.
XTRA:MUX Earnings and Revenue Growth November 11th 2024

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

Mutares SE KGaA Earnings Insights

Looking ahead, revenue is forecast to grow 12% 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 down 6.4% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 5 warning signs for Mutares SE KGaA you should be aware of, and 3 of them are concerning.

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

Discover if Mutares SE KGaA 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.