Skue Sparebank Third Quarter 2024 Earnings: Revenues Miss Expectations
Skue Sparebank (OB:SKUE) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr142.7m (up 20% from 3Q 2023).
- Net income: kr152.4m (up by kr138.6m from 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Skue Sparebank Revenues Disappoint
Revenue missed analyst estimates by 1.6%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, while revenues in the Banks industry in Norway are expected to remain flat.
Performance of the Norwegian Banks industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Skue Sparebank that we have uncovered.
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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 OB:SKUE
Skue Sparebank
Provides various banking products and services for individual and business in Norway.
Undervalued with solid track record and pays a dividend.
