Stock Analysis

Nexity First Half 2024 Earnings: EPS: €0.81 (vs €0.15 in 1H 2023)

ENXTPA:NXI
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Nexity (EPA:NXI) First Half 2024 Results

Key Financial Results

  • Revenue: €1.58b (down 16% from 1H 2023).
  • Net income: €45.1m (up 426% from 1H 2023).
  • Profit margin: 2.9% (up from 0.5% in 1H 2023).
  • EPS: €0.81 (up from €0.15 in 1H 2023).
earnings-and-revenue-growth
ENXTPA:NXI Earnings and Revenue Growth July 29th 2024

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

Nexity Earnings Insights

Looking ahead, revenue is expected to fall by 1.5% p.a. on average during the next 3 years compared to a 3.2% decline forecast for the Real Estate industry in France.

Performance of the French Real Estate industry.

The company's shares are up 3.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Nexity you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if Nexity might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.