trending Market Intelligence /marketintelligence/en/news-insights/trending/gGqCUV4fbbo31CDVbnGsXw2 content esgSubNav
In This List

Rapala VMC profit misses consensus by 52.1% in Q2

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future

Podcast

Next in Tech | Episode 48: The everything that is Industrial IoT


Rapala VMC profit misses consensus by 52.1% in Q2

Rapala VMC Corp. said its second-quarter normalized net income was 8 euro cents per share, compared with the S&P Capital IQ consensus estimate of 17 cents per share.

EPS decreased year over year from 9 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €3.2 million, a decrease from €3.4 million in the year-earlier period.

The normalized profit margin fell to 4.1% from 4.3% in the year-earlier period.

Total revenue rose year over year to €80.1 million from €77.7 million, and total operating expenses increased on an annual basis to €72.0 million from €69.3 million.

Reported net income grew 6.5% on an annual basis to €3.3 million, or 8 cents per share, from €3.1 million, or 8 cents per share.