Stock Analysis
- Israel
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- Consumer Durables
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- TASE:MTRN
Maytronics Second Quarter 2024 Earnings: EPS: ₪0.38 (vs ₪0.80 in 2Q 2023)
Maytronics (TLV:MTRN) Second Quarter 2024 Results
Key Financial Results
- Revenue: ₪607.2m (down 17% from 2Q 2023).
- Net income: ₪42.1m (down 52% from 2Q 2023).
- Profit margin: 6.9% (down from 12% in 2Q 2023). The decrease in margin was driven by lower revenue.
- EPS: ₪0.38 (down from ₪0.80 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Maytronics shares are down 26% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Maytronics (at least 1 which makes us a bit uncomfortable), and understanding them should be part of your investment process.
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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:MTRN
Maytronics
Engages in the development, production, marketing, distribution, and technical support of swimming pool equipment in Israel, North America, Europe, Oceania, and internationally.