Earnings Poll: CD Projekt third-quarter net profit expected to fall by 64% y/y
25/11/2024 09:12
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Results due Nov. 26 after market close
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Net profit seen at 73 mln zlotys
GDANSK, Nov 25 (Reuters) - Polish video game maker CD
Projekt's CDR.WA third-quarter net profit is expected to fall
64% compared with a year ago, when revenue spiked after the
September 2023 expansion of its flagship game "Cyberpunk 2077",
a Reuters poll showed on Monday.
CD Projekt is expected to report third-quarter net profit of
73 million zlotys ($17.60 million), the poll of seven banks and
brokerages showed. That would put the company's net profit for
the first nine months of the year at 243 million zlotys.
The following table summarises market forecasts for CD
Projekt's results for the third quarter of 2024:
(Figures in millions of zlotys unless otherwise stated)
Revenue EBITDA EBIT Net profit
Average 218 100 69 73
Median 225 103 73 77
Lowest 172 52 23 31
Highest 233 120 90 90
No. of forecasts 7 7 7 7
Q3 2023 443 283 186 203
Q2 2024 198 93 59 70
Forecasts provided by: Erste Group, DM BDM, Noble Securities,
Wood&Co, BM mBank, Santander BM, DM BOS.
($1 = 4.1485 zlotys)
(Reporting by Adrianna Ebert
Editing by Philippa Fletcher)
((Adrianna.Ebert@thomsonreuters.com; +48 58 769 65 88;))