Kontron Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Kontron (ETR:SANT) Second Quarter 2024 Results

Key Financial Results

• Revenue: €440.4m (up 53% from 2Q 2023).
• Net income: €21.5m (up 23% from 2Q 2023).
• Profit margin: 4.9% (down from 6.0% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: €0.35 (up from €0.28 in 2Q 2023).

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

Kontron EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 7.0%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in Germany.

Performance of the German IT industry.

The company's shares are down 14% from a week ago.

Valuation

Our analysis of Kontron based on 6 different valuation metrics shows it might be undervalued. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

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