Stock Analysis

Erbud Reports Third Quarter 2024 Earnings

WSE:ERB
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Erbud (WSE:ERB) Third Quarter 2024 Results

Key Financial Results

  • Revenue: zł771.1m (down 11% from 3Q 2023).
  • Net income: zł5.05m (down 93% from 3Q 2023).
  • Profit margin: 0.7% (down from 7.8% in 3Q 2023).
earnings-and-revenue-history
WSE:ERB Earnings and Revenue History November 9th 2024

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

Erbud Earnings Insights

Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in Poland.

Performance of the Polish Construction industry.

The company's shares are up 7.8% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Erbud (at least 1 which is concerning), and understanding them should be part of your investment process.

Valuation is complex, but we're here to simplify it.

Discover if Erbud might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.