- Netherlands
- /
- Diversified Financial
- /
- ENXTAM:ADYEN
Adyen First Half 2024 Earnings: EPS Beats Expectations
Adyen (AMS:ADYEN) First Half 2024 Results
Key Financial Results
- Revenue: €924.0m (up 25% from 1H 2023).
- Net income: €409.6m (up 45% from 1H 2023).
- Profit margin: 44% (up from 38% in 1H 2023). The increase in margin was driven by higher revenue.
- EPS: €13.19 (up from €9.10 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Adyen EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.7%.
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% decline forecast for the Diversified Financial industry in Europe.
Performance of the market in the Netherlands.
The company's shares are up 20% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Adyen that you need to take into consideration.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
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 ENXTAM:ADYEN
Adyen
Operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, Latin America.
Outstanding track record with flawless balance sheet.