Stock Analysis
- Poland
- /
- Real Estate
- /
- WSE:GTC
Globe Trade Centre First Quarter 2024 Earnings: EPS: €0.02 (vs €0.019 in 1Q 2023)
Globe Trade Centre (WSE:GTC) First Quarter 2024 Results
Key Financial Results
- Revenue: €45.7m (up 6.4% from 1Q 2023).
- Net income: €9.30m (down 16% from 1Q 2023).
- Profit margin: 20% (down from 26% in 1Q 2023).
- EPS: €0.02.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Globe Trade Centre Earnings Insights
Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Real Estate industry in Poland.
Performance of the Polish Real Estate industry.
The company's shares are up 3.1% from a week ago.
Risk Analysis
It is worth noting though that we have found 4 warning signs for Globe Trade Centre (1 doesn't sit too well with us!) that you need to take into consideration.
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About WSE:GTC
Globe Trade Centre
A real estate developer and investor company, engages in the development, management, and rental of office and retail space properties.
Moderate growth potential with imperfect balance sheet.