Yahoo Finance Kendrion Full Year 2023 Earnings: Misses Expectations
Kendrion (AMS:KENDR) Full Year 2023 Results
Key Financial Results
Revenue: €518.6m (flat on FY 2022).
Net income: €9.90m (up from €46.3m loss in FY 2022).
Profit margin: 1.9% (up from net loss in FY 2022).
EPS: €0.65 (up from €3.09 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Kendrion Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 25%.
Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Auto Components industry in Europe.
Performance of the market in the Netherlands.
The company's shares are up 1.3% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Kendrion you should be aware of.
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