Investor First Quarter 2024 Earnings: EPS: kr21.88 (vs kr10.72 in 1Q 2023)

Investor (STO:INVE A) First Quarter 2024 Results

Key Financial Results

• Revenue: kr82.3b (up 77% from 1Q 2023).
• Net income: kr67.0b (up 104% from 1Q 2023).
• Profit margin: 81% (up from 71% in 1Q 2023). The increase in margin was driven by higher revenue.
• EPS: kr21.88 (up from kr10.72 in 1Q 2023).

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

Investor Earnings Insights

Looking ahead, revenue is expected to fall by 48% p.a. on average during the next 3 years compared to a 11% decline forecast for the Diversified Financial industry in Europe.

Performance of the market in Sweden.

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

Risk Analysis

You still need to take note of risks, for example - Investor has 2 warning signs (and 1 which can't be ignored) we think you should know about.

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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.