Branicks Group Third Quarter 2024 Earnings: €0.32 loss per share (vs €0.08 loss in 3Q 2023)

Branicks Group (ETR:DIC) Third Quarter 2024 Results

Key Financial Results

• Revenue: €66.5m (down 1.8% from 3Q 2023).
• Net loss: €26.5m (loss widened by 321% from 3Q 2023).
• €0.32 loss per share (further deteriorated from €0.08 loss in 3Q 2023).

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

Branicks Group Earnings Insights

Looking ahead, revenue is expected to fall by 22% p.a. on average during the next 3 years compared to a 11% decline forecast for the Real Estate industry in Germany.

Performance of the German Real Estate industry.

The company's shares are down 2.5% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Branicks Group (at least 1 which is significant), and understanding them should be part of your investment process.

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