Scout24 Second Quarter 2023 Earnings: EPS: €0.59 (vs €0.34 in 2Q 2022)

Scout24 (ETR:G24) Second Quarter 2023 Results

Key Financial Results

• Revenue: €128.3m (up 9.8% from 2Q 2022).
• Net income: €43.4m (up 62% from 2Q 2022).
• Profit margin: 34% (up from 23% in 2Q 2022). The increase in margin was primarily driven by higher revenue.
• EPS: €0.59 (up from €0.34 in 2Q 2022).

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

Scout24 Earnings Insights

Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Interactive Media and Services industry in Germany.

Performance of the German Interactive Media and Services industry.

The company's shares are up 3.6% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Scout24 that you should be aware of.

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