Hardide Full Year 2022 Earnings: EPS Misses Expectations

In this article:

Hardide (LON:HDD) Full Year 2022 Results

Key Financial Results

  • Revenue: UK£5.02m (up 39% from FY 2021).

  • Net loss: UK£2.19m (loss narrowed by 22% from FY 2021).

  • UK£0.039 loss per share (improved from UK£0.051 loss in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hardide EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%.

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 1.7% growth forecast for the Chemicals industry in the United Kingdom.

Performance of the British Chemicals industry.

The company's shares are down 1.9% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Hardide (1 shouldn't be ignored!) that you need to be mindful 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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