In This Article:
Aroundtown (ETR:AT1) First Quarter 2024 Results
Key Financial Results
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Revenue: €390.6m (down 4.2% from 1Q 2023).
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Net income: €88.4m (up from €43.5m loss in 1Q 2023).
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Profit margin: 23% (up from net loss in 1Q 2023).
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EPS: €0.04 (up from €0.04 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aroundtown EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 86%.
Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 17% decline forecast for the Real Estate industry in Germany.
Performance of the German Real Estate industry.
The company's shares are up 2.6% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Aroundtown (1 is a bit unpleasant!) that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.