Stock Analysis

Ratos Third Quarter 2024 Earnings: EPS Misses Expectations

OM:RATO B
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Ratos (STO:RATO B) Third Quarter 2024 Results

Key Financial Results

  • Revenue: kr7.49b (down 6.0% from 3Q 2023).
  • Net loss: kr146.0m (down by 179% from kr184.0m profit in 3Q 2023).
  • kr0.45 loss per share (down from kr0.57 profit in 3Q 2023).
earnings-and-revenue-growth
OM:RATO B Earnings and Revenue Growth October 23rd 2024

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

Ratos EPS Misses Expectations

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

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Capital Markets industry in Sweden.

Performance of the Swedish Capital Markets industry.

The company's shares are down 3.7% from a week ago.

Risk Analysis

Be aware that Ratos is showing 3 warning signs in our investment analysis and 1 of those shouldn't be ignored...

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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.