Costain Group Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

Costain Group (LON:COST) Full Year 2023 Results

Key Financial Results

• Revenue: UK£1.33b (down 6.3% from FY 2022).
• Net income: UK£22.1m (down 15% from FY 2022).
• Profit margin: 1.7% (in line with FY 2022).
• EPS: UK£0.081 (down from UK£0.094 in FY 2022).

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

Costain Group EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) exceeded analyst estimates by 17%.

Looking ahead, revenue is expected to decline by 3.8% p.a. on average during the next 3 years, while revenues in the Construction industry in the United Kingdom are expected to grow by 3.2%.

Performance of the British Construction industry.

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

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Costain Group you should be aware of.

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