Entra Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line

Entra (OB:ENTRA) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr778.0m (up 4.7% from 2Q 2023).
• Net loss: kr128.0m (loss narrowed by 90% from 2Q 2023).
• kr0.70 loss per share (improved from kr6.95 loss in 2Q 2023).

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

Entra Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Real Estate industry in Norway.

Performance of the Norwegian Real Estate industry.

The company's shares are up 15% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Entra that you need to take into consideration.

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