Fresenius SE KGaA Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Fresenius SE KGaA (ETR:FRE) Third Quarter 2024 Results

Key Financial Results

• Revenue: €5.37b (down 2.8% from 3Q 2023).
• Net income: €305.0m (up 89% from 3Q 2023).
• Profit margin: 5.7% (up from 2.9% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: €0.58 (up from €0.72 loss in 3Q 2023).

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

Fresenius SE KGaA Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 2.6%.

Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Healthcare industry in Germany.

Performance of the German Healthcare industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Fresenius SE KGaA that you should be aware of.

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