Overview
Germany-based financial services platform's preliminary Q1 gross profit rose yr/yr
Preliminary Q1 EBIT increased significantly from prior year
All operating segments contributed to group growth in Q1
Outlook
Company did not provide specific guidance or outlook for future periods in the press release
Result Drivers
SEGMENT CONTRIBUTIONS - All three operating segments contributed to group gross profit and EBIT growth in Q1, according to the company
Company press release: ID:nEQ326bzwa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EBIT
EUR 12.1 mln
Q1 Gross Profit
EUR 71 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Hypoport SE is €190.00, about 136% above its April 28 closing price of €80.50
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 25 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
