Somero Enterprises Full Year 2022 Earnings: EPS Misses Expectations
Somero Enterprises (LON:SOM) Full Year 2022 Results
Key Financial Results
Revenue: US$133.6m (flat on FY 2021).
Net income: US$31.1m (down 11% from FY 2021).
Profit margin: 23% (down from 26% in FY 2021).
EPS: US$0.56 (down from US$0.62 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Somero Enterprises EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%.
The company's shares are down 10.0% from a week ago.
We should say that we've discovered 2 warning signs for Somero Enterprises (1 is concerning!) that you should be aware of before investing here.
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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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