SThree Full Year 2023 Earnings: Beats Expectations
SThree (LON:STEM) Full Year 2023 Results
Key Financial Results
Revenue: UK£1.66b (up 1.4% from FY 2022).
Net income: UK£56.1m (up 3.4% from FY 2022).
Profit margin: 3.4% (up from 3.3% in FY 2022). The increase in margin was driven by higher revenue.
EPS: UK£0.42 (up from UK£0.41 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
SThree Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Professional Services industry in the United Kingdom.
Performance of the British Professional Services industry.
The company's shares are up 4.2% from a week ago.
Risk Analysis
Be aware that SThree is showing 1 warning sign in our investment analysis that you should know about...
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