Scout24 Third Quarter 2023 Earnings: EPS: €0.62 (vs €0.42 in 3Q 2022)

Simply Wall St

November 17, 2023

Scout24 (ETR:G24) Third Quarter 2023 Results

Key Financial Results

Revenue: €138.1m (up 13% from 3Q 2022).
Net income: €46.2m (up 41% from 3Q 2022).
Profit margin: 34% (up from 27% in 3Q 2022). The increase in margin was driven by higher revenue.
EPS: €0.62 (up from €0.42 in 3Q 2022).

earnings-and-revenue-growth — XTRA:G24 Earnings and Revenue Growth November 17th 2023

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 8.9% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Interactive Media and Services industry in Europe.

Performance of the market in Germany.

The company's shares are down 1.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Scout24 has 1 warning sign we think you should be aware of.

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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.