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).

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