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Earnings Poll: CD Projekt fourth-quarter net profit expected to fall by 26%

Results due March 25 after market close

Net profit expected to be 142 mln zlotys

GDANSK, March 24 (Reuters) - Polish video game maker CD Projekt's CDR.WA fourth-quarter net profit is expected to fall by 26% from a year earlier, when revenue spiked after expansion to its "Cyberpunk 2077" game at the end of September 2023, a Reuters poll showed on Monday.

CD Projekt is expected to report fourth-quarter net profit of 142 million zlotys ($36.76 million), the poll of seven banks and brokerages showed. That would put the company's net profit for 2024 at 390 million zlotys.

The following table summarises market forecasts for CD Projekt's fourth-quarter results:

(Figures in millions of zlotys unless otherwise stated)

RevenueEBITDAEBITNet profit
Average312167136142
Median316169139140
Lowest290146116133
Highest320175144156
No. of forecasts7777
Q4 2023463286188191
Q3 20242281118178
Forecasts provided by: Erste Group, DM BDM, Noble Securities, Wood&Co, BM mBank, Santander BM, DM BOS. ($1 = 3.8634 zlotys) (Reporting by Adrianna Ebert Editing by David Goodman ) ((Adrianna.Ebert@thomsonreuters.com; +48 58 769 65 88;))

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