MARR Third Quarter 2024 Earnings: EPS: €0.28 (vs €0.33 in 3Q 2023)

MARR (BIT:MARR) Third Quarter 2024 Results

Key Financial Results

• Revenue: €622.7m (up 2.2% from 3Q 2023).
• Net income: €18.5m (down 15% from 3Q 2023).
• Profit margin: 3.0% (down from 3.6% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: €0.28 (down from €0.33 in 3Q 2023).

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

MARR Earnings Insights

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Consumer Retailing industry in Europe.

Performance of the market in Italy.

The company's shares are down 9.4% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for MARR that you should be aware of before investing here.

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