Endesa First Quarter 2024 Earnings: EPS: €0.28 (vs €0.56 in 1Q 2023)

Endesa (BME:ELE) First Quarter 2024 Results

Key Financial Results

• Revenue: €5.55b (down 25% from 1Q 2023).
• Net income: €292.0m (down 51% from 1Q 2023).
• Profit margin: 5.3% (down from 8.1% in 1Q 2023).
• EPS: €0.28 (down from €0.56 in 1Q 2023).

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

Endesa Earnings Insights

Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.

Performance of the market in Spain.

The company's shares are up 2.4% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for Endesa (1 is a bit unpleasant!) that you should be aware of.

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