Aroundtown Full Year 2023 Earnings: EPS Misses Expectations
Aroundtown (ETR:AT1) Full Year 2023 Results
Key Financial Results
Revenue: €1.45b (down 10% from FY 2022).
Net loss: €1.83b (loss widened by 184% from FY 2022).
€1.82 loss per share (further deteriorated from €0.58 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aroundtown EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.5%.
Looking ahead, revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany.
Performance of the German Real Estate industry.
The company's shares are up 15% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Aroundtown (1 shouldn't be ignored!) that you need to be mindful of.
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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.
