Deutsche Telekom third quarter 2022 results: revenues in line with expectations

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Deutsche Telekom (ETR:DTE) Third Quarter 2022 Results

Main financial results

  • Revenue: 30.2 billion euros (+9.3% compared to 3Q 2021).
  • Net income: €1.47bn (+65% compared to 3Q 2021).
  • Profit margin: 4.9% (vs. 3.2% in 3Q 2021). The increase in the margin is explained by the increase in revenues.
XTRA: DTE Earnings and Revenue Growth November 13, 2022

All figures shown in the table above are for the 12 month period (TTM)

Deutsche Telekom meets expectations

Revenue is in line with analysts’ estimates.

Going forward, revenues are expected to grow by an average of 2.6% per year over the next 3 years, compared to a growth forecast of 3.1% for the telecommunications industry in Germany.

Performance of the German telecommunications industry.

Shares of the company are down 3.8% from a week ago.

Risk analysis

Before proceeding to the next step, you must know the 3 warning signs for Deutsche Telekom that we discovered.

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