Menora Mivtachim Holdings Second Quarter 2024 Earnings: EPS: ₪4.79 (vs ₪0.34 in 2Q 2023)
Menora Mivtachim Holdings (TLV:MMHD) Second Quarter 2024 Results
Key Financial Results
- Revenue: ₪2.71b (down 27% from 2Q 2023).
- Net income: ₪297.0m (up by ₪275.8m from 2Q 2023).
- Profit margin: 11% (up from 0.6% in 2Q 2023). The increase in margin was driven by lower expenses.
- EPS: ₪4.79 (up from ₪0.34 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Menora Mivtachim Holdings shares are up 5.3% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Menora Mivtachim Holdings has 1 warning sign we think you should be aware of.
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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:MMHD
Menora Mivtachim Holdings
Operates in insurance and finance sectors in Israel.
Good value with proven track record and pays a dividend.
