Stock Analysis

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

Published
OM:K2A B

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).
OM:K2A B Earnings and Revenue Growth November 18th 2024

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.

Valuation is complex, but we're here to simplify it.

Discover if K2A Knaust & Andersson Fastigheter might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.