Yahoo Finance Ocado Group Full Year 2022 Earnings: Misses Expectations
Ocado Group (LON:OCDO) Full Year 2022 Results
Key Financial Results
Revenue: UK£2.51b (flat on FY 2021).
Net loss: UK£455.5m (loss widened by 104% from FY 2021).
UK£0.59 loss per share (further deteriorated from UK£0.30 loss in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ocado Group Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 22%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Consumer Retailing industry in the United Kingdom.
Performance of the British Consumer Retailing industry.
The company's shares are down 14% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Ocado Group you should be aware 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.
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