Duna House Holding Nyrt First Quarter 2024 Earnings: EPS: Ft12.20 (vs Ft20.38 in 1Q 2023)

Duna House Holding Nyrt (BUSE:DUNAHOUSE) First Quarter 2024 Results

Key Financial Results

• Revenue: Ft8.99b (down 4.3% from 1Q 2023).
• Net income: Ft441.8m (down 39% from 1Q 2023).
• Profit margin: 4.9% (down from 7.7% in 1Q 2023). The decrease in margin was driven by lower revenue.
• EPS: Ft12.20 (down from Ft20.38 in 1Q 2023).

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

Duna House Holding Nyrt Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 2.3% decline forecast for the Real Estate industry in Europe.

Performance of the market in Hungary.

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

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Duna House Holding Nyrt (1 is a bit unpleasant!) that you need to be mindful of.

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