Stock Analysis

Rapala VMC First Half 2024 Earnings: Misses Expectations

HLSE:RAP1V
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Rapala VMC (HEL:RAP1V) First Half 2024 Results

Key Financial Results

  • Revenue: €120.5m (up 2.2% from 1H 2023).
  • Net income: €2.80m (up from €1.10m loss in 1H 2023).
  • Profit margin: 2.3% (up from net loss in 1H 2023).
  • EPS: €0.072 (up from €0.028 loss in 1H 2023).
earnings-and-revenue-history
HLSE:RAP1V Earnings and Revenue History July 27th 2024

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

Rapala VMC Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 42%.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Rapala VMC you should know about.

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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.