Yahoo Finance EverGen Infrastructure Full Year 2023 Earnings: Misses Expectations
EverGen Infrastructure (CVE:EVGN) Full Year 2023 Results
Key Financial Results
Revenue: CA$8.44m (up 13% from FY 2022).
Net loss: CA$4.42m (loss widened by 7.9% from FY 2022).
CA$0.32 loss per share (further deteriorated from CA$0.30 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
EverGen Infrastructure Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 36%.
Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Gas Utilities industry in North America.
Performance of the market in Canada.
The company's shares are down 8.7% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for EverGen Infrastructure you should be aware of, and 1 of them is potentially serious.
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