Stock Analysis
Adevinta Third Quarter 2023 Earnings: EPS: €0.03 (vs €0.039 loss in 3Q 2022)
Adevinta (OB:ADE) Third Quarter 2023 Results
Key Financial Results
- Revenue: €454.0m (up 11% from 3Q 2022).
- Net income: €38.0m (up from €52.0m loss in 3Q 2022).
- Profit margin: 8.4% (up from net loss in 3Q 2022).
- EPS: €0.03 (up from €0.039 loss in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Adevinta Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Europe.
Performance of the market in Norway.
The company's shares are up 3.6% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Adevinta you should know about.
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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:ADE
Reasonable growth potential with adequate balance sheet.
