Komplett Second Quarter 2024 Earnings: EPS Misses Expectations

Komplett (OB:KOMPL) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr3.42b (down 5.9% from 2Q 2023).
• Net loss: kr67.0m (loss widened by 148% from 2Q 2023).
• kr0.38 loss per share (further deteriorated from kr0.15 loss in 2Q 2023).

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

Komplett EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 84%.

Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Europe.

Performance of the market in Norway.

The company's shares are up 13% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Komplett's balance sheet.

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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.

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