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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