Entra Third Quarter 2024 Earnings: EPS Misses Expectations

Simply Wall St · 10/18 04:15

Entra (OB:ENTRA) Third Quarter 2024 Results

Key Financial Results

  • Revenue: kr769.0m (up 5.3% from 3Q 2023).
  • Net income: kr85.0m (up from kr1.51b loss in 3Q 2023).
  • Profit margin: 11% (up from net loss in 3Q 2023).
  • EPS: kr0.47 (up from kr8.27 loss in 3Q 2023).
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OB:ENTRA Earnings and Revenue Growth October 18th 2024

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

Entra EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 71%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Real Estate industry in Norway.

Performance of the Norwegian Real Estate industry.

The company's shares are down 7.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Entra that you need to be mindful of.