Auto Components News

EDAG Engineering Group Third Quarter 2022 Earnings: EPS: €0.28 (vs €0.28 in 3Q 2021)

EDAG Engineering Group (ETR:ED4) Third Quarter 2022 Results

Key Financial Results

  • Revenue: €214.2m (up 24% from 3Q 2021).
  • Net income: €7.06m (flat on 3Q 2021).
  • Profit margin: 3.3% (down from 4.1% in 3Q 2021). The decrease in margin was driven by higher expenses.
  • EPS: €0.28 (in line with 3Q 2021).
XTRA:ED4 Earnings and Revenue Growth November 12th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

EDAG Engineering Group Earnings Insights

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Auto Components industry in Germany.

Performance of the German Auto Components industry.

The company’s shares are up 2.5% from a week ago.

Risk Analysis

You still need to take note of risks, for example – EDAG Engineering Group has 1 warning sign we think you should be aware of.

Valuation is complex, but we’re helping make it simple.

Find out whether EDAG Engineering Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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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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