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Greystone Housing Impact Investors Full Year 2023 Earnings: Misses Expectations

Greystone Housing Impact Investors (NYSE:GHI) Full Year 2023 Results

Key Financial Results

  • Revenue: US$38.2m (down 25% from FY 2022).

  • Net income: US$47.2m (down 20% from FY 2022).

  • EPS: US$2.07 (down from US$2.59 in FY 2022).

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

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

Greystone Housing Impact Investors Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 25%.

Looking ahead, revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Diversified Financial industry in the US.

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Performance of the American Diversified Financial industry.

The company's shares are down 1.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for Greystone Housing Impact Investors you should be aware of, and 2 of them make us uncomfortable.

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.