Yahoo Finance Tyman Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag
Tyman (LON:TYMN) Full Year 2023 Results
Key Financial Results
Revenue: UK£657.6m (down 8.1% from FY 2022).
Net income: UK£38.2m (down 20% from FY 2022).
Profit margin: 5.8% (down from 6.7% in FY 2022). The decrease in margin was driven by lower revenue.
EPS: UK£0.20 (down from UK£0.25 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tyman EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 1.7%.
Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Building industry in the United Kingdom.
Performance of the British Building industry.
The company's shares are down 3.3% from a week ago.
Valuation
Following the latest earnings results, Tyman may be undervalued based on 6 different valuation benchmarks we assess. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.
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