RWE (ETR:RWE) Third Quarter 2023 Results
Key Financial Results
- Revenue: €6.07b (down 44% from 3Q 2022).
- Net income: €1.81b (up by €1.80b from 3Q 2022).
- Profit margin: 30% (up from 0.2% in 3Q 2022).
- EPS: €2.44 (up from €0.03 in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
RWE Earnings Insights
Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Renewable Energy industry in Germany.
Performance of the German Renewable Energy industry.
The company's shares are up 5.7% from a week ago.
Risk Analysis
Be aware that RWE is showing 4 warning signs in our investment analysis and 1 of those can't be ignored...
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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.
Undervalued with mediocre balance sheet.
