Somero Enterprises Full Year 2023 Earnings: EPS Beats Expectations
Somero Enterprises (LON:SOM) Full Year 2023 Results
Key Financial Results
Revenue: US$120.7m (down 9.6% from FY 2022).
Net income: US$28.0m (down 10% from FY 2022).
Profit margin: 23% (in line with FY 2022).
EPS: US$0.50 (down from US$0.56 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Somero Enterprises EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%.
The company's shares are down 5.0% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Somero Enterprises that you need to take into consideration.
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