- Germany
- /
- Real Estate
- /
- XTRA:DMRE
DEMIRE Deutsche Mittelstand Real Estate Second Quarter 2023 Earnings: EPS: €0.36 (vs €0.055 in 2Q 2022)
DEMIRE Deutsche Mittelstand Real Estate (ETR:DMRE) Second Quarter 2023 Results
Key Financial Results
- Revenue: €20.9m (down 29% from 2Q 2022).
- Net income: €37.6m (up by €31.8m from 2Q 2022).
- EPS: €0.36 (up from €0.055 in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
DEMIRE Deutsche Mittelstand Real Estate Earnings Insights
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 15% decline forecast for the Real Estate industry in Germany.
Performance of the German Real Estate industry.
The company's shares are down 1.3% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with DEMIRE Deutsche Mittelstand Real Estate (including 1 which is potentially serious).
New: 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:DMRE
DEMIRE Deutsche Mittelstand Real Estate
Engages in the acquisition, management, and leasing of commercial real estate properties for medium-sized companies in Germany.
Undervalued slight.