LVMH Moët Hennessy - Louis Vuitton Société Européenne Full Year 2023 Earnings: EPS Misses Expectations

LVMH Moët Hennessy - Louis Vuitton Société Européenne (EPA:MC) Full Year 2023 Results

Key Financial Results

• Revenue: €86.2b (up 8.8% from FY 2022).
• Net income: €15.2b (up 7.7% from FY 2022).
• Profit margin: 18% (in line with FY 2022).
• EPS: €30.35 (up from €28.05 in FY 2022).

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

LVMH Moët Hennessy - Louis Vuitton Société Européenne EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.2%.

Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Luxury industry in Europe.

Performance of the market in France.

The company's shares are up 17% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of LVMH Moët Hennessy - Louis Vuitton Société Européenne's balance sheet and an in-depth analysis of the company's financial position.

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