Yahoo Finance Spin Master First Quarter 2023 Earnings: Beats Expectations
Spin Master (TSE:TOY) First Quarter 2023 Results
Key Financial Results
Revenue: US$271.4m (down 36% from 1Q 2022).
Net loss: US$1.90m (down by 104% from US$45.6m profit in 1Q 2022).
US$0.018 loss per share (down from US$0.45 profit in 1Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Spin Master Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 90%.
Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Leisure industry in North America.
Performance of the market in Canada.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Spin Master that you need to take into consideration.
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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.
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