Stock Analysis
Enagás (BME:ENG) First Quarter 2024 Results
Key Financial Results
- Revenue: €215.7m (flat on 1Q 2023).
- Net income: €65.3m (up 20% from 1Q 2023).
- Profit margin: 30% (up from 25% in 1Q 2023).
- EPS: €0.25.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Enagás Earnings Insights
Looking ahead, revenue is forecast to decline by 3.5% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat.
Performance of the market in Spain.
The company's shares are up 2.3% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Enagás that you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether Enagás is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About BME:ENG
Enagás
Enagás, S.A. develops, operates, and maintains gas infrastructures in Spain and internationally.
Good value average dividend payer.
