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abrdn Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags

abrdn (LON:ABDN) Full Year 2022 Results

Key Financial Results

  • Revenue: UK£1.54b (down 8.7% from FY 2021).

  • Net loss: UK£561.0m (down by 156% from UK£994.0m profit in FY 2021).

  • UK£0.27 loss per share (down from UK£0.47 profit in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

abrdn Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates significantly.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 10% growth forecast for the Capital Markets industry in the United Kingdom.

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Performance of the British Capital Markets industry.

The company's shares are up 11% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for abrdn you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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