Iren (BIT:IRE) Third Quarter 2024 Results
Key Financial Results
- Revenue: €1.48b (flat on 3Q 2023).
- Net income: €47.4m (up 40% from 3Q 2023).
- Profit margin: 3.2% (up from 2.3% in 3Q 2023).
- EPS: €0.037.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Iren Earnings Insights
Looking ahead, revenue is expected to decline by 3.5% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to grow by 3.6%.
Performance of the market in Italy.
The company's shares are down 2.1% from a week ago.
Risk Analysis
Be aware that Iren is showing 1 warning sign in our investment analysis that you should know about...
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
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.
About BIT:IRE
Very undervalued 6 star dividend payer.
