Coreo Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

Coreo (ETR:CORE) Full Year 2023 Results

Key Financial Results

• Net loss: €10.4m (loss widened by 459% from FY 2022).
• €0.46 loss per share (further deteriorated from €0.09 loss in FY 2022).

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

Coreo Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates significantly.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Capital Markets industry in Germany.

Performance of the German Capital Markets industry.

The company's shares are down 3.8% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Coreo, and understanding these should be part of your investment process.

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