WSP Global Full Year 2023 Earnings: EPS Misses Expectations
WSP Global (TSE:WSP) Full Year 2023 Results
Key Financial Results
Revenue: CA$14.4b (up 21% from FY 2022).
Net income: CA$550.0m (up 27% from FY 2022).
Profit margin: 3.8% (up from 3.6% in FY 2022).
EPS: CA$4.41 (up from CA$3.59 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
WSP Global EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%.
Looking ahead, revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Construction industry in Canada are expected to grow by 1.9%.
Performance of the Canadian Construction industry.
The company's shares are up 2.4% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for WSP Global that you should be aware of before investing here.
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