PageGroup Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
PageGroup (LON:PAGE) Full Year 2023 Results
Key Financial Results
Revenue: UK£2.01b (up 1.0% from FY 2022).
Net income: UK£77.1m (down 45% from FY 2022).
Profit margin: 3.8% (down from 7.0% in FY 2022). The decrease in margin was driven by higher expenses.
EPS: UK£0.24 (down from UK£0.44 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
PageGroup Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 5.2%.
Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in the United Kingdom.
Performance of the British Professional Services industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for PageGroup you should know about.
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