PostNL (AMS:PNL) Second Quarter 2024 Results
Key Financial Results
- Revenue: €795.0m (up 3.1% from 2Q 2023).
- Net income: €10.0m (down 17% from 2Q 2023).
- Profit margin: 1.3% (down from 1.6% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: €0.02 (down from €0.025 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
PostNL Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 14%.
Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Logistics industry in Europe.
Performance of the market in the Netherlands.
The company's shares are down 9.6% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for PostNL that we have uncovered.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About ENXTAM:PNL
PostNL
Provides postal and logistics services to businesses and consumers in the Netherlands, rest of Europe, and internationally.
Good value with reasonable growth potential.
