Stock Analysis
- Estonia
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- Renewable Energy
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- TLSE:EGR1T
Enefit Green First Quarter 2024 Earnings: EPS: €0.13 (vs €0.12 in 1Q 2023)
Enefit Green (TAL:EGR1T) First Quarter 2024 Results
Key Financial Results
- Revenue: €68.9m (down 9.4% from 1Q 2023).
- Net income: €33.4m (up 9.6% from 1Q 2023).
- Profit margin: 49% (up from 40% in 1Q 2023). The increase in margin was driven by lower expenses.
- EPS: €0.13 (up from €0.12 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Enefit Green Earnings Insights
Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Renewable Energy industry in Europe.
Performance of the market in Europe.
The company's shares are up 1.4% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Enefit Green (1 is a bit concerning!) that you should be aware of before investing here.
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Find out whether Enefit Green is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About TLSE:EGR1T
Undervalued with limited growth.