Stock Analysis

Varia US Properties Full Year 2023 Earnings: US$13.73 loss per share (vs US$12.11 profit in FY 2022)

SWX:VARN
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Varia US Properties (VTX:VARN) Full Year 2023 Results

Key Financial Results

  • Revenue: US$144.2m (flat on FY 2022).
  • Net loss: US$139.0m (down by 213% from US$122.6m profit in FY 2022).
  • US$13.73 loss per share (down from US$12.11 profit in FY 2022).
earnings-and-revenue-history
SWX:VARN Earnings and Revenue History April 1st 2024

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

Varia US Properties Earnings Insights

Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 4.9% decline forecast for the Real Estate industry in Switzerland.

Performance of the Swiss Real Estate industry.

The company's shares are up 5.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Varia US Properties that we have uncovered.

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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.