Klöckner & Co (ETR:KCO) Third Quarter 2022 Results
Key Financial Results
Revenue: €2.37b (up 16% from 3Q 2021).
Net loss: €21.7m (down by 112% from €185.3m profit in 3Q 2021).
€0.22 loss per share (down from €1.86 profit in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Klöckner & Co Earnings Insights
Looking ahead, revenue is expected to decline by 5.3% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 2.8%.
The company's shares are up 10.0% from a week ago.
We should say that we've discovered 4 warning signs for Klöckner & Co (2 make us uncomfortable!) that you should be aware of before investing 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.
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