Yahoo Finance PNE Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag
PNE (ETR:PNE3) Full Year 2023 Results
Key Financial Results
Revenue: €121.5m (down 3.7% from FY 2022).
Net loss: €9.55m (down by 164% from €14.9m profit in FY 2022).
€0.13 loss per share (down from €0.20 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
PNE EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 39%.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electrical industry in Germany.
Performance of the German Electrical industry.
The company's shares are down 1.6% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on PNE's balance sheet.
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