Stock Analysis

Park Lawn Full Year 2023 Earnings: EPS Misses Expectations

TSX:PLC
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Park Lawn (TSE:PLC) Full Year 2023 Results

Key Financial Results

  • Revenue: US$347.6m (up 8.3% from FY 2022).
  • Net loss: US$7.61m (down by 130% from US$25.1m profit in FY 2022).
  • US$0.22 loss per share (down from US$0.73 profit in FY 2022).
earnings-and-revenue-growth
TSX:PLC Earnings and Revenue Growth March 9th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Park Lawn EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Consumer Services industry in North America are expected to grow by 11%.

Performance of the market in Canada.

The company's shares are down 2.7% from a week ago.

Valuation

Park Lawn's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.

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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.