RWE (ETR:RWE) Full Year 2024 Results
Key Financial Results
- Revenue: €29.8b (up 4.2% from FY 2023).
- Net income: €5.14b (up 254% from FY 2023).
- Profit margin: 17% (up from 5.1% in FY 2023). The increase in margin was primarily driven by lower expenses.
- EPS: €6.91 (up from €1.95 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
RWE EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) exceeded analyst estimates by 98%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 6.4% decline forecast for the Renewable Energy industry in Germany.
Performance of the German Renewable Energy industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 3 warning signs for RWE (2 are significant!) that you should be aware of before investing here.
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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:RWE
RWE
Generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally.
Good value with proven track record.
