Telekom Austria Third Quarter 2024 Earnings: EPS: €0.27 (vs €0.30 in 3Q 2023)

Simply Wall St · 10/17 04:02

Telekom Austria (VIE:TKA) Third Quarter 2024 Results

Key Financial Results

  • Revenue: €1.35b (up 2.1% from 3Q 2023).
  • Net income: €178.0m (down 11% from 3Q 2023).
  • Profit margin: 13% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: €0.27 (down from €0.30 in 3Q 2023).
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WBAG:TKA Earnings and Revenue Growth October 17th 2024

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

Telekom Austria Earnings Insights

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Telecom industry in Europe.

Performance of the market in Austria.

The company's shares are down 4.2% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Telekom Austria's balance sheet and an in-depth analysis of the company's financial position.