Results for BASF balance sheet: Analysts expect decline

Results for BASF balance sheet: Analysts expect decline

BASF will publish the results of the quarter ended March 31, 2024 at the trimonthly financial conference on April 25, 2024. Experts forecast that earnings per share for the last quarter will average EUR 1.31, a decrease of 32.12 percent compared to the same quarter last year, in which BASF recorded EUR 1.93 per share. Sales are expected to have increased by 5.17 percent compared to the same period last year and are estimated by five analysts on average at EUR 18.40 billion. In the same quarter last year, sales amounted to EUR 17.50 billion.

For the current fiscal year, 22 analysts are forecasting on average earnings per share of EUR 3.53, compared to EUR 0.250 in the previous year. In terms of sales, 20 analysts expect a total of EUR 69.99 billion to be generated in the current financial year, compared to EUR 68.90 billion in the previous year. BASF's upcoming earnings report is therefore highly anticipated as it will provide important insights into the company's financial performance in the last quarter and current fiscal year.

It remains to be seen whether BASF will meet analysts' expectations and close the financial year successfully. The publication of the balance sheet figures will provide important information for investors and stakeholders in order to better assess the future development of the company. Financial markets will react closely to the results announcement as they may have an impact on BASF's share price. Interested investors should therefore closely follow the publication of BASF's balance sheet in order to make informed investment decisions.