Stock Analysis

Amundi Full Year 2023 Earnings: EPS Beats Expectations

Simply Wall St

April 22, 2024

Amundi (EPA:AMUN) Full Year 2023 Results

Key Financial Results

Revenue: €6.00b (flat on FY 2022).
Net income: €1.16b (up 8.5% from FY 2022).
Profit margin: 19% (up from 18% in FY 2022).
EPS: €5.71 (up from €5.28 in FY 2022).

revenue-and-expenses-breakdown — ENXTPA:AMUN Revenue and Expenses Breakdown April 22nd 2024

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

Amundi EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%.

The primary driver behind last 12 months revenue was the France segment contributing a total revenue of €1.61b (27% of total revenue). The largest operating expense was General & Administrative costs, amounting to €1.71b (83% of total expenses). Explore how AMUN's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to fall by 15% p.a. on average during the next 3 years compared to a 6.4% decline forecast for the Capital Markets industry in France.

Performance of the French Capital Markets industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Amundi, and understanding this should be part of your investment process.

Valuation is complex, but we're helping make it simple.

Find out whether Amundi is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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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.