Spirent Communications Past Earnings Performance

Past criteria checks 0/6

Spirent Communications's earnings have been declining at an average annual rate of -11.3%, while the Communications industry saw earnings growing at 15.6% annually. Revenues have been growing at an average rate of 0.3% per year. Spirent Communications's return on equity is 3.5%, and it has net margins of 3%.

Key information

-11.3%

Earnings growth rate

-10.9%

EPS growth rate

Communications Industry Growth	23.9%
Revenue growth rate	0.3%
Return on equity	3.5%
Net Margin	3.0%
Last Earnings Update	30 Jun 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Spirent Communications makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:BW80 Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Jun 24	448	13	198	97
31 Mar 24	461	19	203	100
31 Dec 23	474	25	208	102
30 Sep 23	513	48	208	105
30 Jun 23	551	71	208	107
31 Mar 23	579	85	209	109
31 Dec 22	608	100	209	111
30 Sep 22	604	97	211	115
30 Jun 22	601	94	213	118
31 Mar 22	589	92	208	116
31 Dec 21	576	89	202	113
30 Sep 21	560	86	196	109
30 Jun 21	544	82	189	105
31 Mar 21	533	83	185	104
31 Dec 20	522	84	181	103
30 Sep 20	521	89	179	101
30 Jun 20	520	94	177	99
31 Mar 20	512	86	180	98
31 Dec 19	504	78	183	97
30 Sep 19	494	68	181	97
30 Jun 19	485	58	179	97
31 Mar 19	481	57	176	97
31 Dec 18	477	56	173	97
30 Sep 18	464	44	171	97
30 Jun 18	450	32	168	98
31 Mar 18	453	31	167	100
31 Dec 17	455	29	166	103
30 Sep 17	456	-1	165	106
30 Jun 17	458	-32	164	108
31 Mar 17	458	-37	166	110
31 Dec 16	458	-42	168	112
30 Sep 16	465	-13	166	114
30 Jun 16	472	16	164	116
31 Mar 16	475	14	168	117
31 Dec 15	477	13	173	118
30 Sep 15	474	14	174	120
30 Jun 15	455	9	181	120
31 Mar 15	455	14	175	118
31 Dec 14	457	21	168	115
30 Sep 14	447	22	168	112
30 Jun 14	444	30	155	108
31 Mar 14	429	33	152	105
31 Dec 13	414	33	144	101

Quality Earnings: BW80 has a large one-off loss of $18.0M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: BW80's current net profit margins (3%) are lower than last year (12.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BW80's earnings have declined by 11.3% per year over the past 5 years.

Accelerating Growth: BW80's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BW80 had negative earnings growth (-81.1%) over the past year, making it difficult to compare to the Communications industry average (-9.9%).

Return on Equity

High ROE: BW80's Return on Equity (3.5%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 21:06
End of Day Share Price	2024/12/27 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Spirent Communications plc is covered by 22 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Alban Cousin	Arete Research Services LLP
Gerardus Vos	Barclays
Stuart Jeffrey	Barclays