Yahoo Finance LEG Immobilien Third Quarter 2022 Earnings: EPS Beats Expectations
LEG Immobilien (ETR:LEG) Third Quarter 2022 Results
Key Financial Results
Revenue: €315.1m (up 24% from 3Q 2021).
Net income: €126.3m (up 66% from 3Q 2021).
Profit margin: 40% (up from 30% in 3Q 2021).
EPS: €1.64 (up from €1.01 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
LEG Immobilien EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 108%.
Looking ahead, revenue is forecast to stay flat 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 up 2.1% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 4 warning signs for LEG Immobilien (2 are significant) you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
