Yahoo Finance Sienna Senior Living First Quarter 2024 Earnings: EPS: CA$0.27 (vs CA$0.005 loss in 1Q 2023)
Sienna Senior Living (TSE:SIA) First Quarter 2024 Results
Key Financial Results
Revenue: CA$231.0m (up 20% from 1Q 2023).
Net income: CA$19.7m (up from CA$340.0k loss in 1Q 2023).
Profit margin: 8.5% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue.
EPS: CA$0.27 (up from CA$0.005 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sienna Senior Living Earnings Insights
Looking ahead, revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Healthcare industry in Canada.
Performance of the Canadian Healthcare industry.
The company's shares are up 7.5% from a week ago.
Valuation
Following the latest earnings results, Sienna Senior Living may be overvalued based on 6 different valuation benchmarks we assess. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.
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