Hypoport slides on Q3 EBIT Downfall
26/10/2022 07:04
** Hypoport HYQGn.DE shares fall 3.5% in Lang & Schwarz
premarket trade as the German financial services provider
reported on Tuesday its preliminary Q3 financial results
** The Berlin-based firm reported a 95% drop in Q3 EBIT to
EUR 0.5 mln (Q3 2021: EUR 11.6 million)
** "FY22 outlook was already suspended in September (shares
-50% that day) Thus no more surprise", a local trader says
** Shares of Hypoport fall to the bottom of Germany's
smallcaps index in Lang & Schwarz premarket trade .SDAXI
(Reporting by Tristan Chabba)
((Tristan.chabba@thomsonreuters.com))