Yahoo Finance Transurban Group First Half 2023 Earnings: EPS: AU$0.013 (vs AU$0.035 loss in 1H 2022)
Transurban Group (ASX:TCL) First Half 2023 Results
Key Financial Results
Revenue: AU$2.03b (up 56% from 1H 2022).
Net income: AU$41.0m (up from AU$103.0m loss in 1H 2022).
Profit margin: 2.0% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue.
EPS: AU$0.013 (up from AU$0.035 loss in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Transurban Group Earnings Insights
Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Infrastructure industry in Oceania.
Performance of the market in Australia.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You still need to take note of risks, for example - Transurban Group has 2 warning signs we think you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
