Catella Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Catella (STO:CAT B) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr448.0m (down 44% from 2Q 2023).
• Net loss: kr33.0m (down by 139% from kr84.0m profit in 2Q 2023).
• kr0.37 loss per share (down from kr0.95 profit in 2Q 2023).

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

Catella Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 191%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Capital Markets industry in Sweden.

Performance of the Swedish Capital Markets industry.

The company's shares are down 4.9% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Catella has 2 warning signs we think you should be aware of.

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