Jerónimo Martins SGPS Reports Disappointing Q2 2024 Earnings Results
Sunday, 28 July 2024, 10:37
Jerónimo Martins SGPS Q2 2024 Earnings Analysis
Jerónimo Martins SGPS (ELI:JMT) has reported its financial results for the second quarter of 2024. Here are the key highlights:
Key Financial Results
- Revenue: €8.23 billion (up 6.8% from 2Q 2023)
- EPS: Missed market expectations
The growth in revenue is a positive sign for the company, indicating strong performance in its operations. However, the **failure to meet EPS expectations** raises flags for investors.
Conclusion
In summary, Jerónimo Martins' **second quarter results** show growth in revenue, but the **disappointing EPS performance** may hinder investor sentiment in the short term.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.