K2A Knaust & Andersson Fastigheter Third Quarter 2024 Earnings: kr0.59 loss per share (vs kr1.99 loss in 3Q 2023)

K2A Knaust & Andersson Fastigheter (STO:K2A B) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr117.2m (up 11% from 3Q 2023).
• Net loss: kr51.1m (loss narrowed by 70% from 3Q 2023).
• kr0.59 loss per share (improved from kr1.99 loss in 3Q 2023).

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

K2A Knaust & Andersson Fastigheter Earnings Insights

Looking ahead, revenue is expected to decline by 19% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Sweden are expected to grow by 5.4%.

Performance of the Swedish Real Estate industry.

The company's shares are down 11% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for K2A Knaust & Andersson Fastigheter (1 is a bit concerning!) that you need to be mindful of.

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