trending Market Intelligence /marketintelligence/en/news-insights/trending/mOQ0HriIhL2ggYhYhqGG7g2 content esgSubNav
In This List

Amadeus IT Group profit misses consensus by 17.8% in Q1

Blog

Banking Essentials Newsletter: June 12th Edition

Blog

S&P 500 Q4 2023 Sector Earnings & Revenue Data

Podcast

Next in Tech | Episode 171: Concerns About Fraud Drive AI Investment

Podcast

Street Talk | Episode 127: The 'knife fight' for deposits could spur more bank deals


Amadeus IT Group profit misses consensus by 17.8% in Q1

Amadeus IT Group SA said its normalized net income for the first quarter came to 52 euro cents per share, compared with the S&P Capital IQ consensus estimate of 64 cents per share.

EPS increased 15.3% year over year from 45 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €228.3 million, a gain of 15.5% from €197.6 million in the prior-year period.

The normalized profit margin rose to 18.3% from 17.6% in the year-earlier period.

Total revenue grew 11.7% year over year to €1.25 billion from €1.12 billion, and total operating expenses climbed 12.4% year over year to €872.4 million from €776.5 million.

Reported net income grew 24.6% year over year to €270.6 million, or 62 cents per share, from €217.2 million, or 50 cents per share.