Stock Analysis
- Germany
- /
- Real Estate
- /
- XTRA:DEF
DEFAMA Deutsche Fachmarkt Second Quarter 2024 Earnings: EPS: €0.45 (vs €0.20 in 2Q 2023)
DEFAMA Deutsche Fachmarkt (ETR:DEF) Second Quarter 2024 Results
Key Financial Results
- Revenue: €6.57m (up 17% from 2Q 2023).
- Net income: €2.07m (up 121% from 2Q 2023).
- Profit margin: 32% (up from 17% in 2Q 2023). The increase in margin was primarily driven by higher revenue.
- EPS: €0.45 (up from €0.20 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
DEFAMA Deutsche Fachmarkt Earnings Insights
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany.
Performance of the German Real Estate industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 3 warning signs for DEFAMA Deutsche Fachmarkt (2 are a bit unpleasant!) that you should be aware of before investing here.
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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.
About XTRA:DEF
DEFAMA Deutsche Fachmarkt
A real estate company, engages in the purchase and rental of retail parks and shopping centers.