In This Article:
Nemetschek (ETR:NEM) Third Quarter 2024 Results
Key Financial Results
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Revenue: €260.8m (up 19% from 3Q 2023).
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Net income: €39.3m (down 13% from 3Q 2023).
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Profit margin: 15% (down from 21% in 3Q 2023). The decrease in margin was driven by higher expenses.
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EPS: €0.34 (down from €0.39 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nemetschek Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 6.8%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany.
Performance of the German Software industry.
The company's shares are up 4.6% from a week ago.
Valuation
Our analysis of Nemetschek based on 6 different valuation metrics shows it might be overvalued. Discover what analysts are forecasting and how the current share price shapes up by clicking here.
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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.