Stock Analysis
Talanx Second Quarter 2024 Earnings: EPS: €2.00 (vs €1.59 in 2Q 2023)
Talanx (ETR:TLX) Second Quarter 2024 Results
Key Financial Results
- Revenue: €15.6b (up 25% from 2Q 2023).
- Net income: €518.0m (up 28% from 2Q 2023).
- Profit margin: 3.3% (up from 3.2% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: €2.00 (up from €1.59 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Talanx Earnings Insights
Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Insurance industry in Europe.
Performance of the market in Germany.
The company's shares are up 16% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Talanx's balance sheet and an in-depth analysis of the company's financial position.
Valuation is complex, but we're here to simplify it.
Discover if Talanx 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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About XTRA:TLX
Talanx
Provides insurance and reinsurance products and services worldwide.