Yahoo Finance Virgin Money UK Full Year 2022 Earnings: EPS Beats Expectations
Virgin Money UK (LON:VMUK) Full Year 2022 Results
Key Financial Results
Revenue: UK£1.66b (up 2.7% from FY 2021).
Net income: UK£467.0m (up 18% from FY 2021).
Profit margin: 28% (up from 24% in FY 2021). The increase in margin was primarily driven by higher revenue.
EPS: UK£0.32 (up from UK£0.27 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Virgin Money UK EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%.
Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Banks industry in the United Kingdom.
Performance of the British Banks industry.
The company's shares are up 7.1% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Virgin Money UK that we have uncovered.
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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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