Prisma Properties Full Year 2024 Earnings: EPS Beats Expectations

Prisma Properties (STO:PRISMA) Full Year 2024 Results

Key Financial Results

• Revenue: kr435.0m (up 11% from FY 2023).
• Net income: kr36.0m (up from kr133.2m loss in FY 2023).
• Profit margin: 8.3% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses.
• EPS: kr0.25 (up from kr1.33 loss in FY 2023).

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

Prisma Properties EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 108%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Real Estate industry in Sweden.

Performance of the Swedish Real Estate industry.

The company's shares are up 4.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Prisma Properties 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.