Ovaro Kiinteistösijoitus Oyj Second Quarter 2024 Earnings: EPS: €0.08 (vs €0.41 in 2Q 2023)

Ovaro Kiinteistösijoitus Oyj (HEL:OVARO) Second Quarter 2024 Results

Key Financial Results

• Revenue: €1.64m (down 64% from 2Q 2023).
• Net income: €695.0k (down 81% from 2Q 2023).
• Profit margin: 42% (down from 79% in 2Q 2023).
• EPS: €0.08 (down from €0.41 in 2Q 2023).

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

Ovaro Kiinteistösijoitus Oyj Earnings Insights

Looking ahead, revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Real Estate industry in Finland.

Performance of the Finnish Real Estate industry.

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

Risk Analysis

It is worth noting though that we have found 2 warning signs for Ovaro Kiinteistösijoitus Oyj (1 is a bit unpleasant!) that you need to take into consideration.

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