Industrie De Nora Third Quarter 2024 Earnings: Misses Expectations

Industrie De Nora (BIT:DNR) Third Quarter 2024 Results

Key Financial Results

• Revenue: €200.9m (down 4.6% from 3Q 2023).
• Net income: €12.5m (down 92% from 3Q 2023).
• Profit margin: 6.2% (down from 72% in 3Q 2023).
• EPS: €0.063 (down from €0.75 in 3Q 2023).

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

Industrie De Nora Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 13%.

Looking ahead, revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Italy.

Performance of the Italian Machinery industry.

The company's shares are down 2.4% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Industrie De Nora that you should be aware of.

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