Stock Analysis
- Spain
- /
- Paper and Forestry Products
- /
- BME:ENC
ENCE Energía y Celulosa Third Quarter 2024 Earnings: Misses Expectations
ENCE Energía y Celulosa (BME:ENC) Third Quarter 2024 Results
Key Financial Results
- Revenue: €219.6m (up 28% from 3Q 2023).
- Net income: €14.3m (up from €24.0m loss in 3Q 2023).
- Profit margin: 6.5% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
- EPS: €0.06 (up from €0.10 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ENCE Energía y Celulosa Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 54%.
Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Forestry industry in Europe.
Performance of the market in Spain.
The company's shares are up 2.3% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with ENCE Energía y Celulosa (including 2 which are a bit unpleasant).
Valuation is complex, but we're here to simplify it.
Discover if ENCE Energía y Celulosa might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave 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:ENC
ENCE Energía y Celulosa
Produces and sells eucalyptus hardwood pulp and renewable energy in Spain, Germany, Poland, Italy, the Netherlands, the United Kingdom, Greece, Turkey, and internationally.