Bilia Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Bilia (STO:BILI A) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr10.6b (up 7.6% from 2Q 2023).
• Net income: kr206.0m (down 21% from 2Q 2023).
• Profit margin: 1.9% (down from 2.7% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: kr2.24 (down from kr2.85 in 2Q 2023).

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

Bilia Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 18%.

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Specialty Retail industry in Sweden.

Performance of the Swedish Specialty Retail industry.

The company's shares are down 7.9% from a week ago.

Risk Analysis

Be aware that Bilia is showing 3 warning signs in our investment analysis that you should know about...

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