GEA Group (ETR:G1A) Third Quarter 2022 Results
Key Financial Results
Revenue: €1.35b (up 13% from 3Q 2021).
Net income: €101.4m (up 14% from 3Q 2021).
Profit margin: 7.5% (up from 7.4% in 3Q 2021). The increase in margin was driven by higher revenue.
EPS: €0.58 (up from €0.49 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
GEA Group Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 14%.
Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany.
The company's shares are up 7.1% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of GEA Group's balance sheet and an in-depth analysis of the company's financial position.
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