Nepa Second Quarter 2024 Earnings: Misses Expectations

Nepa (STO:NEPA) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr71.5m (down 11% from 2Q 2023).
• Net income: kr1.27m (up from kr8.96m loss in 2Q 2023).
• Profit margin: 1.8% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses.
• EPS: kr0.16 (up from kr1.14 loss in 2Q 2023).

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

Nepa Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 20%.

Looking ahead, revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Media industry in Sweden.

Performance of the Swedish Media industry.

The company's shares are up 1.6% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Nepa has 2 warning signs (and 1 which is a bit concerning) 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.