Yahoo Finance Energiekontor Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag
Energiekontor (ETR:EKT) Full Year 2023 Results
Key Financial Results
Revenue: €241.8m (up 29% from FY 2022).
Net income: €83.3m (up 87% from FY 2022).
Profit margin: 35% (up from 24% in FY 2022). The increase in margin was driven by higher revenue.
EPS: €5.98 (up from €3.18 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Energiekontor EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 21%. Earnings per share (EPS) exceeded analyst estimates by 42%.
Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Electrical industry in Germany.
Performance of the German Electrical industry.
The company's shares are down 7.4% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Energiekontor (of which 1 makes us a bit uncomfortable!) you should know about.
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