Stock Analysis

Festi hf First Quarter 2024 Earnings: EPS: Kr0.67 (vs Kr0.30 loss in 1Q 2023)

ICSE:FESTI
Source: Shutterstock

Festi hf (ICE:FESTI) First Quarter 2024 Results

Key Financial Results

  • Revenue: Kr32.2b (up 9.3% from 1Q 2023).
  • Net income: Kr201.8m (up from Kr91.1m loss in 1Q 2023).
  • Profit margin: 0.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue.
  • EPS: Kr0.67 (up from Kr0.30 loss in 1Q 2023).
earnings-and-revenue-history
ICSE:FESTI Earnings and Revenue History April 25th 2024

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

Festi hf shares are down 1.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Festi hf that you should be aware of.

Valuation is complex, but we're helping make it simple.

Find out whether Festi hf is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.