Ferrum Third Quarter 2023 Earnings: EPS: zł0.037 (vs zł0.013 in 3Q 2022)

Ferrum (WSE:FER) Third Quarter 2023 Results

Key Financial Results

• Revenue: zł177.7m (down 13% from 3Q 2022).
• Net income: zł2.14m (up 183% from 3Q 2022).
• Profit margin: 1.2% (up from 0.4% in 3Q 2022). The increase in margin was driven by lower expenses.
• EPS: zł0.037 (up from zł0.013 in 3Q 2022).

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

Ferrum shares are down 2.9% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Ferrum (1 doesn't sit too well with us!) that you need to take into consideration.

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