Enagás (BME:ENG) Third Quarter 2024 Results
Key Financial Results
- Revenue: €211.3m (flat on 3Q 2023).
- Net income: €491.3m (up 498% from 3Q 2023).
- EPS: €1.88.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Enagás Earnings Insights
Looking ahead, revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to grow by 3.6%.
Performance of the market in Spain.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Enagás (2 don't sit too well with us!) that you need to take into consideration.
Valuation is complex, but we're here to simplify it.
Discover if Enagás might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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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:ENG
Enagás
Develops, operates, and maintains gas infrastructures in Spain and internationally.
Very undervalued with proven track record.
