Stock Analysis

Carmel Third Quarter 2024 Earnings: EPS: ₪0.66 (vs ₪0.85 in 3Q 2023)

TASE:CRML
Source: Shutterstock

Carmel (TLV:CRML) Third Quarter 2024 Results

Key Financial Results

  • Revenue: ₪143.0m (up 48% from 3Q 2023).
  • Net income: ₪13.1m (down 13% from 3Q 2023).
  • Profit margin: 9.2% (down from 16% in 3Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: ₪0.66 (down from ₪0.85 in 3Q 2023).
earnings-and-revenue-history
TASE:CRML Earnings and Revenue History December 1st 2024

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

Carmel shares are up 6.0% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Carmel has 4 warning signs (and 2 which can't be ignored) we think you should know about.

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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.