Deutsche Post Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Deutsche Post (ETR:DHL) Third Quarter 2024 Results
Key Financial Results
- Revenue: €21.3b (up 9.9% from 3Q 2023).
- Net income: €751.0m (down 6.9% from 3Q 2023).
- Profit margin: 3.5% (down from 4.2% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: €0.64 (down from €0.68 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Deutsche Post Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 6.3%.
Looking ahead, revenue is forecast to grow 3.8% 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 5.3% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Deutsche Post 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:DHL
Deutsche Post
Operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa.
Very undervalued 6 star dividend payer.