ACCENTRO Real Estate Third Quarter 2023 Earnings: €0.73 loss per share (vs €0.14 loss in 3Q 2022)

ACCENTRO Real Estate (ETR:A4Y) Third Quarter 2023 Results

Key Financial Results

• Revenue: €20.7m (down 60% from 3Q 2022).
• Net loss: €23.6m (loss widened by 404% from 3Q 2022).
• €0.73 loss per share (further deteriorated from €0.14 loss in 3Q 2022).

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

ACCENTRO Real Estate Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany.

Performance of the German Real Estate industry.

The company's shares are up 2.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for ACCENTRO Real Estate (2 are concerning!) that you should be aware of.

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