realestate

Gateway Real Estate Posts Q3 2024 Profit of €0.08 per Share, a €0.09 Improvement from Last Year's Loss

Gateway Real Estate Reports Q3 2024 Results: Revenue Reaches €65.3m, Up €59.4m from Previous Quarter.

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ateway Real Estate's revenue surged to €65.3m, a significant increase of €59.4m from the previous quarter. The company also reported a net income of €14.5m, a notable improvement from the €33.0m loss incurred in the same period last year. This growth led to a profit margin of 22%, marking a substantial turnaround from the net loss in the preceding quarter. Earnings per share (EPS) stood at €0.08, up from the €0.17 loss recorded in the previous quarter.

    Gateway Real Estate shares have seen a notable increase of 40% over the past week. Before making any investment decisions, it's essential to be aware of the three warning signs identified for Gateway Real Estate. If you have feedback or concerns about this article, please get in touch with us directly or email [email protected].

    This article is general in nature and provides commentary based on historical data and analyst forecasts using an unbiased methodology. It's not intended to be financial advice and does not constitute a recommendation to buy or sell any stock. Our analysis focuses on long-term fundamentals, excluding the latest price-sensitive company announcements or qualitative material.

Image: Financial report graph showing Gateway Real Estate Q3 2024 profit increase.