Stock Analysis

thyssenkrupp Third Quarter 2024 Earnings: €0.09 loss per share (vs €0.13 profit in 3Q 2023)

XTRA:TKA
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thyssenkrupp (ETR:TKA) Third Quarter 2024 Results

Key Financial Results

  • Revenue: €8.99b (down 6.4% from 3Q 2023).
  • Net loss: €54.0m (down by 165% from €83.0m profit in 3Q 2023).
  • €0.09 loss per share (down from €0.13 profit in 3Q 2023).
earnings-and-revenue-growth
XTRA:TKA Earnings and Revenue Growth August 16th 2024

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

thyssenkrupp Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Metals and Mining industry in Europe.

Performance of the market in Germany.

The company's shares are down 8.9% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for thyssenkrupp that we have uncovered.

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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.