Vitrolife (STO:VITR) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr867.0m (up 2.2% from 3Q 2023).
- Net income: kr116.0m (down 4.9% from 3Q 2023).
- Profit margin: 13% (in line with 3Q 2023).
- EPS: kr0.86 (down from kr0.90 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Vitrolife Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 15%.
Looking ahead, revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Biotechs industry in Sweden.
Performance of the Swedish Biotechs industry.
The company's shares are up 1.3% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on Vitrolife's balance sheet health.
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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.
About OM:VITR
Reasonable growth potential with adequate balance sheet.
