Deutsche EuroShop (ETR:DEQ) Second Quarter 2024 Results

Key Financial Results

• Revenue: €66.8m (down 6.1% from 2Q 2023).

• Net income: €26.8m (up 154% from 2Q 2023).

• Profit margin: 40% (up from 15% in 2Q 2023).

• EPS: €0.35 (up from €0.13 in 2Q 2023).

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

Deutsche EuroShop Earnings Insights

Looking ahead, revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany.

Performance of the German Real Estate industry.

The company's shares are up 5.2% from a week ago.

Valuation

If you are concerned about investing in overvalued stocks, our analysis of 6 valuation measures indicates Deutsche EuroShop could be one stock to be wary of. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

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