Yahoo Finance Northern Bear Full Year 2023 Earnings: Beats Expectations
Northern Bear (LON:NTBR) Full Year 2023 Results
Key Financial Results
Revenue: UK£69.7m (up 14% from FY 2022).
Net income: UK£1.59m (up from UK£1.33m loss in FY 2022).
Profit margin: 2.3% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
EPS: UK£0.085 (up from UK£0.071 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Northern Bear Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 7.6%.
Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 2 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat.
Performance of the British Consumer Durables industry.
The company's shares are up 15% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Northern Bear (1 is significant) 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.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
