Pierce Group Third Quarter 2024 Earnings: kr0.025 loss per share (vs kr0.77 loss in 3Q 2023)

Pierce Group (STO:PIERCE) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr365.0m (down 1.1% from 3Q 2023).
• Net loss: kr2.00m (loss narrowed by 97% from 3Q 2023).
• kr0.025 loss per share (improved from kr0.77 loss in 3Q 2023).

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

Pierce Group Earnings Insights

Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Specialty Retail industry in Sweden.

Performance of the Swedish Specialty Retail industry.

The company's shares are down 6.2% from a week ago.

Risk Analysis

Be aware that Pierce Group is showing 1 warning sign in our investment analysis that you should know about...

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