Superior Plus (TSE:SPB) Full Year 2023 Results
Key Financial Results
- Revenue: CA$3.35b (flat on FY 2022).
- Net income: CA$51.6m (up from CA$112.5m loss in FY 2022).
- Profit margin: 1.5% (up from net loss in FY 2022).
- EPS: CA$0.23 (up from CA$0.58 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Superior Plus Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) also missed analyst estimates by 26%.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Gas Utilities industry in North America.
Performance of the market in Canada.
The company's shares are down 1.3% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Superior Plus has 3 warning signs (and 1 which is potentially serious) we think you should know about.
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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.
About TSX:SPB
Superior Plus
Distributes and markets propane, compressed natural gas and renewable energy in both the United States and Canada.
Very undervalued with reasonable growth potential.