Vienna Insurance Group Full Year 2022 Earnings: EPS Beats Expectations
Vienna Insurance Group (VIE:VIG) Full Year 2022 Results
Key Financial Results
- Revenue: €11.9b (up 12% from FY 2021).
- Net income: €465.9m (up 24% from FY 2021).
- Profit margin: 3.9% (up from 3.5% in FY 2021). The increase in margin was driven by higher revenue.
- EPS: €3.60 (up from €2.94 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Vienna Insurance Group EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 19%.
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 11% growth forecast for the Insurance industry in Europe.
Performance of the market in Austria.
The company's shares are down 7.8% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Vienna Insurance Group that we have uncovered.
If you're looking to trade Vienna Insurance Group, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.
With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.
Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.
Sponsored ContentNew: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About WBAG:VIG
Vienna Insurance Group
Engages in providing insurance products and services in Austria and internationally.
Undervalued with proven track record.
Similar Companies
Market Insights
Community Narratives
