Yahoo Finance Ocean Wilsons Holdings Full Year 2023 Earnings: Beats Expectations
Ocean Wilsons Holdings (LON:OCN) Full Year 2023 Results
Key Financial Results
Revenue: US$486.6m (up 11% from FY 2022).
Net income: US$67.0m (up from US$18.7m loss in FY 2022).
Profit margin: 14% (up from net loss in FY 2022).
EPS: US$1.90 (up from US$0.53 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ocean Wilsons Holdings Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 43%.
Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Infrastructure industry in Europe.
Performance of the market in the United Kingdom.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Ocean Wilsons Holdings, and understanding this should be part of your investment process.
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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.
