In This Article:
Stoneweg European Real Estate Investment Trust (SGX:CWBU) Full Year 2024 Results
Key Financial Results
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Revenue: €212.9m (down 1.6% from FY 2023).
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Net income: €33.2m (up from €76.2m loss in FY 2023).
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Profit margin: 16% (up from net loss in FY 2023).
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EPS: €0.059 (up from €0.14 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Stoneweg European Real Estate Investment Trust EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 63%.
Looking ahead, revenue is forecast to grow 1.3% p.a. on average during the next 3 years, while revenues in the REITs industry in Asia are expected to remain flat.
Performance of the market in Singapore.
The company's shares are down 7.3% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Stoneweg European Real Estate Investment Trust (of which 2 make us uncomfortable!) you should know about.
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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.