Repsol Second Quarter 2024 Earnings: EPS: €0.54 (vs €0.24 in 2Q 2023)

Repsol (BME:REP) Second Quarter 2024 Results

Key Financial Results

• Revenue: €14.7b (up 13% from 2Q 2023).
• Net income: €657.0m (up 103% from 2Q 2023).
• Profit margin: 4.5% (up from 2.5% in 2Q 2023). The increase in margin was driven by higher revenue.
• EPS: €0.54 (up from €0.24 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Repsol Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 1.2% decline forecast for the Oil and Gas industry in Europe.

Performance of the market in Spain.

The company's share price is broadly unchanged from a week ago.

Valuation

Our analysis of Repsol based on 6 different valuation metrics shows it might be undervalued. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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