Stock Analysis
Gestamp Automoción (BME:GEST) Third Quarter 2024 Results
Key Financial Results
- Revenue: €2.82b (flat on 3Q 2023).
- Net income: €20.9m (down 67% from 3Q 2023).
- Profit margin: 0.7% (down from 2.3% in 3Q 2023).
- EPS: €0.037.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Gestamp Automoción Earnings Insights
Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Auto Components industry in Europe.
Performance of the market in Spain.
The company's shares are down 7.2% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Gestamp Automoción you should know about.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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 BME:GEST
Gestamp Automoción
Designs, develops, manufactures, and sells metal automotive components in Western Europe, Eastern Europe, Mercosur, North America, and Asia.
