Epiroc Third Quarter 2024 Earnings: In Line With Expectations

Epiroc (STO:EPI A) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr15.7b (up 4.7% from 3Q 2023).
• Net income: kr2.32b (up 3.7% from 3Q 2023).
• Profit margin: 15% (in line with 3Q 2023).
• EPS: kr1.92 (up from kr1.85 in 3Q 2023).

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

Epiroc Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Sweden.

Performance of the Swedish Machinery industry.

The company's shares are up 2.7% from a week ago.

Risk Analysis

Be aware that Epiroc is showing 1 warning sign in our investment analysis that you should know about...

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