Dometic Group Third Quarter 2024 Earnings: Misses Expectations

Dometic Group (STO:DOM) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr5.65b (down 17% from 3Q 2023).
• Net loss: kr1.92b (down from kr412.0m profit in 3Q 2023).
• kr6.01 loss per share (down from kr1.29 profit in 3Q 2023).

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

Dometic Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Auto Components industry in Europe.

Performance of the market in Sweden.

The company's shares are down 2.4% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Dometic Group (1 is concerning!) that you need to take into consideration.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.