Stock Analysis
- France
- /
- Diversified Financial
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- ENXTPA:ABCA
ABC arbitrage Third Quarter 2023 Earnings: EPS: €0.066 (vs €0.11 in 3Q 2022)
ABC arbitrage (EPA:ABCA) Third Quarter 2023 Results
Key Financial Results
- Revenue: €9.47m (down 37% from 3Q 2022).
- Net income: €3.84m (down 41% from 3Q 2022).
- Profit margin: 41% (down from 43% in 3Q 2022). The decrease in margin was driven by lower revenue.
- EPS: €0.066 (down from €0.11 in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ABC arbitrage Earnings Insights
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 4 years, compared to a 8.0% decline forecast for the Diversified Financial industry in France.
Performance of the French Diversified Financial industry.
The company's shares are down 7.3% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for ABC arbitrage you should be aware of.
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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 ENXTPA:ABCA
ABC arbitrage
ABC arbitrage SA, together with its subsidiaries, engages in the development of arbitrage strategies for liquid assets worldwide.
Flawless balance sheet average dividend payer.