Aroundtown Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags
Aroundtown (ETR:AT1) Third Quarter 2022 Results
Key Financial Results
Revenue: €430.2m (down 6.6% from 3Q 2021).
Net income: €22.6m (down 86% from 3Q 2021).
Profit margin: 5.3% (down from 36% in 3Q 2021).
EPS: €0.02 (down from €0.14 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aroundtown Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 71%.
Looking ahead, revenue is expected to fall by 2.6% p.a. on average during the next 3 years compared to a 13% decline forecast for the Real Estate industry in Germany.
Performance of the German Real Estate industry.
The company's shares are down 11% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 6 warning signs for Aroundtown (2 are concerning!) 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.
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