Stock Analysis
Balco Group Third Quarter 2024 Earnings: kr0.03 loss per share (vs kr0.26 profit in 3Q 2023)
Balco Group (STO:BALCO) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr331.0m (up 31% from 3Q 2023).
- Net loss: kr700.0k (down by 113% from kr5.60m profit in 3Q 2023).
- kr0.03 loss per share (down from kr0.26 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Balco Group Earnings Insights
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Building industry in Sweden.
Performance of the Swedish Building industry.
The company's shares are up 4.8% from a week ago.
Risk Analysis
Be aware that Balco Group is showing 3 warning signs in our investment analysis that you should know about...
Valuation is complex, but we're here to simplify it.
Discover if Balco Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave 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.
About OM:BALCO
Balco Group
Engages in developing, manufacturing, selling, and installing balcony systems for tenant-owner associations, private landlords, municipal housing, architects, builders, and shipping companies.