Yahoo Finance Metro Reports Second Quarter 2023 Earnings
Metro (ETR:B4B) Second Quarter 2023 Results
Key Financial Results
Revenue: €6.90b (up 10% from 2Q 2022).
Net loss: €107.0m (loss narrowed by 62% from 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Metro Earnings Insights
Looking ahead, revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in Europe.
Performance of the market in Germany.
The company's shares are down 5.4% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Metro (at least 2 which are potentially serious), and understanding these should be part of your investment process.
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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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