Yahoo Finance flatexDEGIRO First Quarter 2024 Earnings: EPS: €0.27 (vs €0.091 in 1Q 2023)
flatexDEGIRO (ETR:FTK) First Quarter 2024 Results
Key Financial Results
Revenue: €122.9m (up 33% from 1Q 2023).
Net income: €30.0m (up 199% from 1Q 2023).
Profit margin: 24% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue.
EPS: €0.27 (up from €0.091 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
flatexDEGIRO Earnings Insights
Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Capital Markets industry in Germany.
Performance of the German Capital Markets industry.
The company's shares are up 22% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with flatexDEGIRO.
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