One United Properties Second Quarter 2024 Earnings: EPS: RON0.019 (vs RON0.031 in 2Q 2023)

Simply Wall St · 08/31 06:11

One United Properties (BVB:ONE) Second Quarter 2024 Results

Key Financial Results

  • Revenue: RON278.7m (down 31% from 2Q 2023).
  • Net income: RON73.2m (down 37% from 2Q 2023).
  • Profit margin: 26% (down from 29% in 2Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: RON0.019 (down from RON0.031 in 2Q 2023).
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BVB:ONE Earnings and Revenue Growth August 31st 2024

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

One United Properties Earnings Insights

Looking ahead, revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.4% decline forecast for the Real Estate industry in Europe.

Performance of the market in Romania.

The company's shares are up 1.1% from a week ago.

Valuation

One United Properties' financial results now indicate the company's shares could present an opportunity based on 6 important indicators. To explore our complete evaluation click here and get an understanding of what analysts are thinking about the company's future.