TVA Group Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags
TVA Group (TSE:TVA.B) Full Year 2022 Results
Key Financial Results
Revenue: CA$594.4m (down 4.6% from FY 2021).
Net loss: CA$8.87m (down by 129% from CA$30.5m profit in FY 2021).
CA$0.20 loss per share (down from CA$0.71 profit in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
TVA Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to decline by 3.1% p.a. on average during the next 2 years, while revenues in the Media industry in Canada are expected to remain flat.
Performance of the Canadian Media industry.
The company's shares are down 4.9% from a week ago.
Risk Analysis
You still need to take note of risks, for example - TVA Group has 1 warning sign we think you should be aware 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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