Afcon Holdings Third Quarter 2024 Earnings: EPS: ₪2.67 (vs ₪0.58 in 3Q 2023)

Afcon Holdings (TLV:AFHL) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₪458.0m (down 29% from 3Q 2023).
• Net income: ₪14.1m (up 383% from 3Q 2023).
• Profit margin: 3.1% (up from 0.5% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: ₪2.67 (up from ₪0.58 in 3Q 2023).

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

Afcon Holdings shares are up 9.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Afcon Holdings (1 is significant!) that you need to be mindful of.

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