Nordisk Bergteknik Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Nordisk Bergteknik (STO:NORB B) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr807.8m (down 1.4% from 3Q 2023).
• Net loss: kr700.0k (loss narrowed by 97% from 3Q 2023).
• kr0.012 loss per share (improved from kr0.40 loss in 3Q 2023).

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

Nordisk Bergteknik EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 50%.

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Construction industry in Sweden.

Performance of the Swedish Construction industry.

The company's shares are down 5.2% from a week ago.

Risk Analysis

Be aware that Nordisk Bergteknik is showing 4 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...

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