Capita Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

Capita (LON:CPI) Full Year 2023 Results

Key Financial Results

• Revenue: UK£2.81b (down 6.6% from FY 2022).
• Net loss: UK£178.1m (down by 338% from UK£74.8m profit in FY 2022).
• UK£0.11 loss per share (down from UK£0.045 profit in FY 2022).

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

Capita Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Professional Services industry in the United Kingdom.

Performance of the British Professional Services industry.

The company's shares are down 22% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Capita (1 makes us a bit uncomfortable!) that you should be aware of before investing here.

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