Stock Analysis
Vonovia (ETR:VNA) Third Quarter 2024 Results
Key Financial Results
- Revenue: €1.64b (up 12% from 3Q 2023).
- Net loss: €69.1m (down by 117% from €398.7m profit in 3Q 2023).
- €0.084 loss per share (down from €0.43 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Vonovia EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is expected to fall by 19% p.a. on average during the next 3 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 2.6% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Vonovia (1 is significant!) that you should be aware of.
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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:VNA
Vonovia
Operates as an integrated residential real estate company in Europe.
