In This Article:
Jenoptik (ETR:JEN) Third Quarter 2024 Results
Key Financial Results
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Revenue: €274.3m (up 4.0% from 3Q 2023).
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Net income: €27.3m (up 25% from 3Q 2023).
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Profit margin: 10.0% (up from 8.3% in 3Q 2023). The increase in margin was driven by higher revenue.
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EPS: €0.46 (up from €0.38 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jenoptik EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 15%.
Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany.
Performance of the German Electronic industry.
The company's shares are down 5.4% from a week ago.
Risk Analysis
Be aware that Jenoptik is showing 1 warning sign in our investment analysis that you should know about...
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