Yahoo Finance Ascential Full Year 2023 Earnings: EPS Misses Expectations
Ascential (LON:ASCL) Full Year 2023 Results
Key Financial Results
Revenue: UK£206.4m (down 61% from FY 2022).
Net income: UK£4.20m (up from UK£95.5m loss in FY 2022).
Profit margin: 2.0% (up from net loss in FY 2022). The move to profitability was driven by lower expenses.
EPS: UK£0.01 (up from UK£0.22 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ascential EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Media industry in the United Kingdom.
Performance of the British Media industry.
The company's shares are up 4.3% from a week ago.
Risk Analysis
Be aware that Ascential is showing 2 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...
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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.
