IRCE Third Quarter 2024 Earnings: EPS: €0.086 (vs €0.061 in 3Q 2023)

IRCE (BIT:IRC) Third Quarter 2024 Results

Key Financial Results

• Revenue: €98.2m (up 6.0% from 3Q 2023).
• Net income: €2.27m (up 41% from 3Q 2023).
• Profit margin: 2.3% (up from 1.7% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: €0.086 (up from €0.061 in 3Q 2023).

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

IRCE Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Electrical industry in Italy.

Performance of the Italian Electrical industry.

The company's shares are up 1.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for IRCE that we have uncovered.

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