Stock Analysis

Mendelson Infrastructures & Industries First Quarter 2024 Earnings: EPS: ₪0.28 (vs ₪0.31 in 1Q 2023)

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Mendelson Infrastructures & Industries (TLV:MNIN) First Quarter 2024 Results

Key Financial Results

  • Revenue: ₪240.8m (down 18% from 1Q 2023).
  • Net income: ₪11.1m (down 8.7% from 1Q 2023).
  • Profit margin: 4.6% (up from 4.2% in 1Q 2023). The increase in margin was driven by lower expenses.
  • EPS: ₪0.28 (down from ₪0.31 in 1Q 2023).
earnings-and-revenue-history
TASE:MNIN Earnings and Revenue History May 22nd 2024

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

Mendelson Infrastructures & Industries shares are up 2.8% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Mendelson Infrastructures & Industries that you should be aware of before investing here.

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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 TASE:MNIN

Mendelson Infrastructures & Industries

Engages in the supply of conduction and flow products in Israel.

Flawless balance sheet with solid track record.

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