TTS (Transport Trade Services) Third Quarter 2024 Earnings: RON0.045 loss per share (vs RON0.49 profit in 3Q 2023)

TTS (Transport Trade Services) (BVB:TTS) Third Quarter 2024 Results

Key Financial Results

• Revenue: RON156.0m (down 48% from 3Q 2023).
• Net loss: RON8.07m (down by 109% from RON88.2m profit in 3Q 2023).
• RON0.045 loss per share (down from RON0.49 profit in 3Q 2023).

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

TTS (Transport Trade Services) Earnings Insights

Looking ahead, revenue is forecast to grow 1.9% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to remain flat.

Performance of the market in Romania.

The company's shares are down 9.4% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with TTS (Transport Trade Services), and understanding them should be part of your investment process.

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