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Summit Real Estate Holdings Second Quarter 2024 Earnings: EPS: ₪0.93 (vs ₪1.79 loss in 2Q 2023)
Summit Real Estate Holdings (TLV:SMT) Second Quarter 2024 Results
Key Financial Results
- Revenue: ₪230.6m (down 3.9% from 2Q 2023).
- Net income: ₪64.2m (up from ₪124.0m loss in 2Q 2023).
- Profit margin: 28% (up from net loss in 2Q 2023).
- EPS: ₪0.93 (up from ₪1.79 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Summit Real Estate Holdings shares are up 9.4% from a week ago.
Risk Analysis
You should learn about the 4 warning signs we've spotted with Summit Real Estate Holdings (including 2 which shouldn't be ignored).
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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:SMT
Summit Real Estate Holdings
A real estate investment firm specializing in the purchase and operation of office buildings and commercial assets, which are leased to numerous commercial and industrial tenants.
Slight with acceptable track record.