Stock Analysis
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.
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About BME:ENG
Enagás
Develops, operates, and maintains gas infrastructures in Spain and internationally.
