XTB Third Quarter 2024 Earnings: EPS: zł1.73 (vs zł1.03 in 3Q 2023)

XTB (WSE:XTB) Third Quarter 2024 Results

Key Financial Results

• Revenue: zł451.9m (up 63% from 3Q 2023).
• Net income: zł203.8m (up 68% from 3Q 2023).
• Profit margin: 45% (up from 44% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: zł1.73 (up from zł1.03 in 3Q 2023).

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

XTB Earnings Insights

Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Capital Markets industry in Europe.

Performance of the market in Poland.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for XTB (1 is concerning) you should be aware of.

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