Stock Analysis

Humble Group First Quarter 2024 Earnings: EPS Misses Expectations

Simply Wall St

May 03, 2024

Humble Group (STO:HUMBLE) First Quarter 2024 Results

Key Financial Results

Revenue: kr1.88b (up 17% from 1Q 2023).
Net income: kr23.0m (up from kr3.00m loss in 1Q 2023).
Profit margin: 1.2% (up from net loss in 1Q 2023).
EPS: kr0.05 (up from kr0.01 loss in 1Q 2023).

earnings-and-revenue-growth — OM:HUMBLE Earnings and Revenue Growth May 3rd 2024

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

Humble Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 38%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Personal Products industry in Europe.

Performance of the market in Sweden.

The company's shares are up 7.0% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Humble Group that you should be aware of before investing here.

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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.