Stock Analysis
Sanoma Oyj (HEL:SANOMA) Second Quarter 2024 Results
Key Financial Results
- Revenue: €342.4m (flat on 2Q 2023).
- Net income: €22.1m (up from €14.2m loss in 2Q 2023).
- Profit margin: 6.5% (up from net loss in 2Q 2023).
- EPS: €0.14 (up from €0.087 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sanoma Oyj Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) also surpassed analyst estimates by 35%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.6% growth forecast for the Media industry in Europe.
Performance of the market in Finland.
The company's shares are up 4.7% from a week ago.
Risk Analysis
Be aware that Sanoma Oyj is showing 2 warning signs in our investment analysis that 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.
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About HLSE:SANOMA
Sanoma Oyj
Operates as a media and learning company in Finland, the Netherlands, other European countries, and internationally.
Good value with proven track record.
