Yahoo Finance Constellation Software Full Year 2023 Earnings: EPS Beats Expectations
Constellation Software (TSE:CSU) Full Year 2023 Results
Key Financial Results
Revenue: US$8.41b (up 27% from FY 2022).
Net income: US$565.0m (up 10% from FY 2022).
Profit margin: 6.7% (down from 7.7% in FY 2022). The decrease in margin was driven by higher expenses.
EPS: US$26.67 (up from US$24.16 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Constellation Software EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 45%.
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in Canada.
Performance of the Canadian Software industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Constellation Software that you need to be mindful of.
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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.
