In This Article:
DWS Group GmbH KGaA (ETR:DWS) Third Quarter 2024 Results
Key Financial Results
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Revenue: €684.0m (up 2.7% from 3Q 2023).
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Net income: €166.0m (up 13% from 3Q 2023).
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Profit margin: 24% (up from 22% in 3Q 2023).
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EPS: €0.83.
All figures shown in the chart above are for the trailing 12 month (TTM) period
DWS Group GmbH KGaA Revenues Beat Expectations
Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to decline by 3.3% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat.
Performance of the German Capital Markets industry.
The company's shares are up 2.1% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for DWS Group GmbH KGaA that you should be aware of.
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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.