Stock Analysis
Power Corporation of Canada Full Year 2023 Earnings: EPS: CA$3.45 (vs CA$2.85 in FY 2022)
Power Corporation of Canada (TSE:POW) Full Year 2023 Results
Key Financial Results
- Revenue: CA$32.6b (down 33% from FY 2022).
- Net income: CA$2.32b (up 21% from FY 2022).
- Profit margin: 7.1% (up from 3.9% in FY 2022). The increase in margin was driven by lower expenses.
- EPS: CA$3.45 (up from CA$2.85 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Power Corporation of Canada Earnings Insights
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Insurance industry in Canada.
Performance of the Canadian Insurance industry.
The company's shares are up 3.0% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Power Corporation of Canada's balance sheet and an in-depth analysis of the company's financial position.
Valuation is complex, but we're helping make it simple.
Find out whether Power Corporation of Canada is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About TSX:POW
Power Corporation of Canada
Power Corporation of Canada, an international management and holding company, offers financial services in North America, Europe, and Asia.
Undervalued established dividend payer.