Polenergia Third Quarter 2022 Earnings: zł0.05 loss per share (vs zł0.86 profit in 3Q 2021)

Polenergia (WSE:PEP) Third Quarter 2022 Results

Key Financial Results

• Revenue: zł1.33b (up 101% from 3Q 2021).
• Net loss: zł2.78m (down by 107% from zł39.1m profit in 3Q 2021).
• zł0.05 loss per share (down from zł0.86 profit in 3Q 2021).

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

Polenergia Earnings Insights

Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Renewable Energy industry in Europe.

Performance of the market in Poland.

The company's shares are down 1.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for Polenergia you should be aware of, and 1 of them doesn't sit too well with us.

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