Spirent Communications plc

LSE:SPT Stock Report

Market Cap: UK£975.3m

Spirent Communications Past Earnings Performance

Past criteria checks 0/6

Spirent Communications's earnings have been declining at an average annual rate of -11.3%, while the Communications industry saw earnings growing at 5.3% annually. Revenues have been growing at an average rate of 0.3% per year. Spirent Communications's return on equity is 3.5%, and it has net margins of 3%.

Key information

-11.3%

Earnings growth rate

-10.9%

EPS growth rate

Communications Industry Growth11.7%
Revenue growth rate0.3%
Return on equity3.5%
Net Margin3.0%
Last Earnings Update30 Jun 2024

Recent past performance updates

There May Be Reason For Hope In Spirent Communications' (LON:SPT) Disappointing Earnings

Mar 14
There May Be Reason For Hope In Spirent Communications' (LON:SPT) Disappointing Earnings

Recent updates

There May Be Reason For Hope In Spirent Communications' (LON:SPT) Disappointing Earnings

Mar 14
There May Be Reason For Hope In Spirent Communications' (LON:SPT) Disappointing Earnings

Why Investors Shouldn't Be Surprised By Spirent Communications plc's (LON:SPT) 51% Share Price Surge

Mar 06
Why Investors Shouldn't Be Surprised By Spirent Communications plc's (LON:SPT) 51% Share Price Surge

Spirent Communications plc's (LON:SPT) Shareholders Might Be Looking For Exit

Jan 17
Spirent Communications plc's (LON:SPT) Shareholders Might Be Looking For Exit

Investors Shouldn't Overlook Spirent Communications' (LON:SPT) Impressive Returns On Capital

Dec 15
Investors Shouldn't Overlook Spirent Communications' (LON:SPT) Impressive Returns On Capital

News Flash: 5 Analysts Think Spirent Communications plc (LON:SPT) Earnings Are Under Threat

Oct 17
News Flash: 5 Analysts Think Spirent Communications plc (LON:SPT) Earnings Are Under Threat

Are Investors Undervaluing Spirent Communications plc (LON:SPT) By 34%?

Sep 07
Are Investors Undervaluing Spirent Communications plc (LON:SPT) By 34%?

Why The 23% Return On Capital At Spirent Communications (LON:SPT) Should Have Your Attention

Apr 26
Why The 23% Return On Capital At Spirent Communications (LON:SPT) Should Have Your Attention

Spirent Communications' (LON:SPT) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 10
Spirent Communications' (LON:SPT) Shareholders Will Receive A Bigger Dividend Than Last Year

Estimating The Fair Value Of Spirent Communications plc (LON:SPT)

Mar 08
Estimating The Fair Value Of Spirent Communications plc (LON:SPT)

Here's Why Spirent Communications (LON:SPT) Has Caught The Eye Of Investors

Jan 16
Here's Why Spirent Communications (LON:SPT) Has Caught The Eye Of Investors

Calculating The Intrinsic Value Of Spirent Communications plc (LON:SPT)

Dec 03
Calculating The Intrinsic Value Of Spirent Communications plc (LON:SPT)

Investors Should Be Encouraged By Spirent Communications' (LON:SPT) Returns On Capital

Oct 26
Investors Should Be Encouraged By Spirent Communications' (LON:SPT) Returns On Capital

Do Spirent Communications' (LON:SPT) Earnings Warrant Your Attention?

Oct 07
Do Spirent Communications' (LON:SPT) Earnings Warrant Your Attention?

Is There An Opportunity With Spirent Communications plc's (LON:SPT) 24% Undervaluation?

Aug 27
Is There An Opportunity With Spirent Communications plc's (LON:SPT) 24% Undervaluation?

Spirent Communications' (LON:SPT) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 07
Spirent Communications' (LON:SPT) Shareholders Will Receive A Bigger Dividend Than Last Year

Calculating The Fair Value Of Spirent Communications plc (LON:SPT)

May 24
Calculating The Fair Value Of Spirent Communications plc (LON:SPT)

Spirent Communications (LON:SPT) Is Investing Its Capital With Increasing Efficiency

May 02
Spirent Communications (LON:SPT) Is Investing Its Capital With Increasing Efficiency

Revenue & Expenses Breakdown

How Spirent Communications makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

LSE:SPT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 244481319897
31 Mar 2446119203100
31 Dec 2347425208102
30 Sep 2351348208105
30 Jun 2355171208107
31 Mar 2357985209109
31 Dec 22608100209111
30 Sep 2260497211115
30 Jun 2260194213118
31 Mar 2258992208116
31 Dec 2157689202113
30 Sep 2156086196109
30 Jun 2154482189105
31 Mar 2153383185104
31 Dec 2052284181103
30 Sep 2052189179101
30 Jun 205209417799
31 Mar 205128618098
31 Dec 195047818397
30 Sep 194946818197
30 Jun 194855817997
31 Mar 194815717697
31 Dec 184775617397
30 Sep 184644417197
30 Jun 184503216898
31 Mar 1845331167100
31 Dec 1745529166103
30 Sep 17456-1165106
30 Jun 17458-32164108
31 Mar 17458-37166110
31 Dec 16458-42168112
30 Sep 16465-13166114
30 Jun 1647216164116
31 Mar 1647514168117
31 Dec 1547713173118
30 Sep 1547414174120
30 Jun 154559181120
31 Mar 1545514175118
31 Dec 1445721168115
30 Sep 1444722168112
30 Jun 1444430155108
31 Mar 1442933152105
31 Dec 1341433144101

Quality Earnings: SPT has a large one-off loss of $18.0M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: SPT's current net profit margins (3%) are lower than last year (12.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SPT's earnings have declined by 11.3% per year over the past 5 years.

Accelerating Growth: SPT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SPT had negative earnings growth (-81.1%) over the past year, making it difficult to compare to the Communications industry average (-9.9%).


Return on Equity

High ROE: SPT's Return on Equity (3.5%) is considered low.


Return on Assets


Return on Capital Employed


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