Yahoo Finance Bertrandt First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Bertrandt (ETR:BDT) First Quarter 2024 Results
Key Financial Results
Revenue: €308.4m (up 10.0% from 1Q 2023).
Net income: €7.92m (up 27% from 1Q 2023).
Profit margin: 2.6% (up from 2.2% in 1Q 2023). The increase in margin was driven by higher revenue.
EPS: €0.78 (up from €0.62 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bertrandt Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 7.1%.
Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Europe.
Performance of the market in Germany.
The company's shares are up 2.0% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Bertrandt that you need to take into consideration.
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