Unite Group (LON:UTG) Full Year 2022 Results
Key Financial Results
Revenue: UK£308.3m (up 2.5% from FY 2021).
Net income: UK£355.1m (up 3.7% from FY 2021).
EPS: UK£0.89 (up from UK£0.86 in FY 2021).
UTG Net Asset Value
Net asset value (NAV) per share: UK£9.45 (up 7.4% from FY 2021).
The current share price is even with NAV per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Unite Group Earnings Insights
Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the REITs industry in the United Kingdom.
The company's shares are down 1.5% from a week ago.
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Unite Group (at least 1 which is a bit concerning), and understanding these 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.
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