Bonava Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Bonava (STO:BONAV B) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr1.43b (down 48% from 3Q 2023).
• Net loss: kr394.0m (loss narrowed by 71% from 3Q 2023).
• kr1.23 loss per share (improved from kr12.85 loss in 3Q 2023).

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

Bonava Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 193%.

Looking ahead, revenue is expected to decline by 16% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Sweden are expected to grow by 2.3%.

Performance of the Swedish Consumer Durables industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Bonava you should know about.

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