Stock Analysis

Stendörren Fastigheter Third Quarter 2023 Earnings: kr2.25 loss per share (vs kr4.01 profit in 3Q 2022)

OM:STEF B
Source: Shutterstock

Stendörren Fastigheter (STO:STEF B) Third Quarter 2023 Results

Key Financial Results

  • Revenue: kr215.0m (up 17% from 3Q 2022).
  • Net loss: kr64.0m (down by 156% from kr114.0m profit in 3Q 2022).
  • kr2.25 loss per share (down from kr4.01 profit in 3Q 2022).
earnings-and-revenue-growth
OM:STEF B Earnings and Revenue Growth November 14th 2023

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

Stendörren Fastigheter Earnings Insights

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Real Estate industry in Sweden.

Performance of the Swedish Real Estate industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Stendörren Fastigheter that you should be aware of.

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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:STEF B

Stendörren Fastigheter

A real estate company, engages in managing, developing, and acquiring properties and building rights in logistics, storage, and light industry primarily located in Greater Stockholm and Mälardalen.

Reasonable growth potential and slightly overvalued.