Cellnex Telecom Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Cellnex Telecom (BME:CLNX) Full Year 2024 Results

Key Financial Results

• Revenue: €4.35b (up 14% from FY 2023).
• Net loss: €28.0m (loss narrowed by 91% from FY 2023).
• €0.05 loss per share (improved from €0.44 loss in FY 2023).

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

Cellnex Telecom EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) exceeded analyst estimates by 86%.

Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Telecom industry in Europe.

Performance of the market in Spain.

The company's shares are up 8.4% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Cellnex Telecom's balance sheet health.

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