Telefónica Deutschland Holding Full Year 2023 Earnings: EPS Beats Expectations

Telefónica Deutschland Holding (ETR:O2D) Full Year 2023 Results

Key Financial Results

• Revenue: €8.77b (up 4.7% from FY 2022).
• Net income: €273.0m (up 18% from FY 2022).
• Profit margin: 3.1% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: €0.092 (up from €0.078 in FY 2022).

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

Telefónica Deutschland Holding EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 19%.

Looking ahead, revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Telecom industry in Germany are expected to grow by 1.6%.

Performance of the German Telecom industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Telefónica Deutschland Holding you should be aware of, and 1 of them can't be ignored.

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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.