Yahoo Finance Capral Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Capral (ASX:CAA) Full Year 2023 Results
Key Financial Results
Revenue: AU$614.8m (down 4.4% from FY 2022).
Net income: AU$31.8m (down 22% from FY 2022).
Profit margin: 5.2% (down from 6.3% in FY 2022). The decrease in margin was driven by lower revenue.
EPS: AU$1.78 (down from AU$2.31 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Capral Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates by 4.1%.
Looking ahead, revenue is forecast to decline by 6.9% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat.
Performance of the Australian Metals and Mining industry.
The company's shares are up 7.5% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for Capral you should be aware of, and 1 of them shouldn't be ignored.
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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.
