Fisher & Paykel Healthcare (NZSE:FPH) First Half 2023 Results
Key Financial Results
Revenue: NZ$690.6m (down 23% from 1H 2022).
Net income: NZ$95.9m (down 57% from 1H 2022).
Profit margin: 14% (down from 25% in 1H 2022). The decrease in margin was driven by lower revenue.
EPS: NZ$0.17 (down from NZ$0.39 in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Fisher & Paykel Healthcare Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%.
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Medical Equipment industry in Oceania.
The company's shares are up 13% from a week ago.
You should learn about the 1 warning sign we've spotted with Fisher & Paykel Healthcare.
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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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