Yahoo Finance Ernst Russ Full Year 2023 Earnings: Revenues Beat Expectations
Ernst Russ (ETR:HXCK) Full Year 2023 Results
Key Financial Results
Revenue: €226.6m (up 14% from FY 2022).
Net income: €55.1m (up 17% from FY 2022).
Profit margin: 24% (in line with FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ernst Russ Revenues Beat Expectations
Revenue exceeded analyst estimates by 1.8%.
Looking ahead, revenue is expected to decline by 9.1% p.a. on average during the next 2 years, while revenues in the Capital Markets industry in Germany are expected to grow by 3.2%.
Performance of the German Capital Markets industry.
The company's shares are up 40% from a week ago.
Risk Analysis
You should learn about the 5 warning signs we've spotted with Ernst Russ (including 2 which are a bit concerning).
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