Fannie Mae, Freddie Mac shares tumble after conservatorship comments
Investing.com -- Deutsche Wohnen (OTC:DTCWY) SE on Tuesday released its preliminary financial results for the fiscal year 2024, reporting an adjusted Earnings Before Tax (EBT) from continued operations of €504.2 million, equivalent to €1.27 per share.
In addition to the EBT, Deutsche Wohnen SE also disclosed its Net Asset Value (NAV) for the fiscal year 2024. The NAV amounted to €16,575.4 million, which translates to €41.76 per share.
The final numbers for the financial year 2024 are scheduled to be published on March 25, 2025.
In a separate announcement, Deutsche Wohnen SE reported a positive performance for the first three months of 2025.
The company’s adjusted EBT from continuing operations stood at €187.6 million, or €0.47 per share. The NAV for this period was €16,826.4 million, equivalent to €42.39 per share.
The real estate company also noted that the vacancy rate remained at a very low level during this period.
The forecasts for the financial year 2025 have been maintained as previously stated, indicating a steady outlook for the company’s performance in the coming months.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.