Stock Analysis

Entra First Quarter 2024 Earnings: Revenues Beat Expectations

OB:ENTRA
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Entra (OB:ENTRA) First Quarter 2024 Results

Key Financial Results

  • Revenue: kr776.0m (down 10% from 1Q 2023).
  • Net loss: kr980.0m (loss widened by kr930.0m from 1Q 2023).
earnings-and-revenue-growth
OB:ENTRA Earnings and Revenue Growth April 24th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Entra Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.9%.

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Real Estate industry in Norway.

Performance of the Norwegian Real Estate industry.

The company's shares are down 3.4% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Entra.

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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.