Sixt:Quarterly Results/2024 Q3: Difference between revisions

no edit summary
No edit summary
No edit summary
Line 3: Line 3:
== Management Guidance and Analysts Estimates ==
== Management Guidance and Analysts Estimates ==
'''Management guidance'''
'''Management guidance'''
* For 2024, management is [https://www.eqs-news.com/news/corporate/sixt-achieves-record-revenue-in-the-second-quarter-over-eur-1-billion-and-strong-operating-performance-lead-to-distinct-positive-earnings/2106853 guiding] EBT in the range of between EUR 340 and 390 million ('''EUR 365 million or -21.4% at the midpoint''')




Line 27: Line 30:
|}
|}


== Analysts opinions ==
=== Sixt is likely to report a good third quarter ===


* Buy, EUR 90: Analyst Christian Obst of Baader Bank expects good operating results for Sixt in Q3. He pointed out that Sixt is better positioned than its competitors when it comes to profitability and financing conditions<ref>https://www.finanzen.ch/analyse/sixt-se-st-buy-974260</ref>.
* Buy, EUR 135: Analyst Marc-Rene Tonn of Warburg research expects a solid third quarter for Sixt<ref>https://www.finanzen.ch/analyse/sixt-se-st-buy-974044</ref>.
* Buy, EUR 108->EUR 100: Analyst Michael Kuhn of Deutsche Bank expects Sixt's profits to have bottomed out in Q3. He doesn't expect any major surprises in Q3 results<ref>https://www.finanzen.ch/analyse/sixt-se-st-buy-973633</ref>.


== Competitor Earnings Expectations and Results ==
== Competitor Earnings Expectations and Results ==