Bechtle Third Quarter 2024 Earnings: EPS Misses Expectations

Bechtle (ETR:BC8) Third Quarter 2024 Results

Key Financial Results

• Revenue: €1.51b (up 2.2% from 3Q 2023).
• Net income: €56.1m (down 16% from 3Q 2023).
• Profit margin: 3.7% (down from 4.5% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: €0.45 (down from €0.53 in 3Q 2023).

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

Bechtle EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.0%.

Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Germany.

Performance of the German IT industry.

The company's shares are up 4.4% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Bechtle's balance sheet and an in-depth analysis of the company's financial position.

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