Stock Analysis
- France
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- Aerospace & Defense
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- ENXTPA:HO
Thales Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Thales (EPA:HO) Full Year 2023 Results
Key Financial Results
- Revenue: €18.4b (up 4.9% from FY 2022).
- Net income: €949.1m (down 15% from FY 2022).
- Profit margin: 5.2% (down from 6.3% in FY 2022).
- EPS: €4.55 (down from €5.25 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Thales Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 17%.
Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Aerospace & Defense industry in France.
Performance of the French Aerospace & Defense industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with Thales.
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About ENXTPA:HO
Thales
Thales S.A. provides various solutions in the defence and security, aerospace and space, digital identity and security, and transport markets worldwide.
Reasonable growth potential average dividend payer.