Deutsche Post First Quarter 2024 Earnings: In Line With Expectations

Deutsche Post (ETR:DHL) First Quarter 2024 Results

Key Financial Results

• Revenue: €20.9b (down 1.4% from 1Q 2023).
• Net income: €743.0m (down 18% from 1Q 2023).
• Profit margin: 3.6% (down from 4.3% in 1Q 2023).
• EPS: €0.63 (down from €0.76 in 1Q 2023).

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

Deutsche Post Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Logistics industry in Europe.

Performance of the market in Germany.

The company's shares are down 2.4% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Deutsche Post, and understanding this should be part of your investment process.

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