- Germany
- /
- Real Estate
- /
- XTRA:DEQ
Deutsche EuroShop Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
Deutsche EuroShop (ETR:DEQ) Full Year 2024 Results
Key Financial Results
- Revenue: €288.0m (up 3.5% from FY 2023).
- Net income: €123.5m (up from €38.3m loss in FY 2023).
- Profit margin: 43% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses.
- EPS: €1.62 (up from €0.51 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Deutsche EuroShop EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 11%.
The primary driver behind last 12 months revenue was the Germany segment contributing a total revenue of €207.0m (72% of total revenue). The most substantial expense, totaling €117.3m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how DEQ's revenue and expenses shape its earnings.
Looking ahead, revenue is expected to fall by 2.0% p.a. on average during the next 2 years compared to a 17% decline forecast for the Real Estate industry in Germany.
Performance of the German Real Estate industry.
The company's shares are down 5.4% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Deutsche EuroShop (1 is concerning!) that you should be aware of.
If you're looking to trade Deutsche EuroShop, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.
With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.
Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.
Sponsored ContentNew: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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:DEQ
Deutsche EuroShop
Deutsche EuroShop is the only public company in Germany to invest exclusively in shopping centers in prime locations.
Good value average dividend payer.
Similar Companies
Market Insights
Community Narratives
