Yahoo Finance Verbio Second Quarter 2024 Earnings: EPS: €0.02 (vs €0.40 in 2Q 2023)
Verbio (ETR:VBK) Second Quarter 2024 Results
Key Financial Results
Revenue: €423.0m (down 13% from 2Q 2023).
Net income: €804.0k (down 97% from 2Q 2023).
Profit margin: 0.2% (down from 5.2% in 2Q 2023). The decrease in margin was driven by lower revenue.
EPS: €0.02 (down from €0.40 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Verbio Earnings Insights
Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat.
Performance of the German Oil and Gas industry.
The company's shares are up 4.8% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Verbio that you need to take into consideration.
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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.
