Instone Real Estate Group Second Quarter 2024 Earnings: EPS: €0.26 (vs €0.22 in 2Q 2023)

Instone Real Estate Group (ETR:INS) Second Quarter 2024 Results

Key Financial Results

• Revenue: €113.6m (down 15% from 2Q 2023).
• Net income: €11.4m (up 18% from 2Q 2023).
• Profit margin: 10.0% (up from 7.3% in 2Q 2023).
• EPS: €0.26 (up from €0.22 in 2Q 2023).

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

Instone Real Estate Group Earnings Insights

Looking ahead, revenue is forecast to grow 15% 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 shares are up 3.4% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Instone Real Estate Group.

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