Aedas Homes Third Quarter 2024 Earnings: EPS: €0.42 (vs €1.13 in 3Q 2023)

Aedas Homes (BME:AEDAS) Third Quarter 2024 Results

Key Financial Results

• Revenue: €214.4m (down 39% from 3Q 2023).
• Net income: €18.2m (down 63% from 3Q 2023).
• Profit margin: 8.5% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: €0.42 (down from €1.13 in 3Q 2023).

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

Aedas Homes Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Real Estate industry in Europe.

Performance of the market in Spain.

The company's shares are down 2.9% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Aedas Homes (2 can't be ignored!) that you should be aware of before investing here.

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