PageGroup Past Earnings Performance
Past criteria checks 2/6
PageGroup's earnings have been declining at an average annual rate of -17.6%, while the Professional Services industry saw earnings growing at 11.4% annually. Revenues have been growing at an average rate of 2.7% per year. PageGroup's return on equity is 4.2%, and it has net margins of 0.6%.
Key information
-17.64%
Earnings growth rate
-17.45%
EPS growth rate
| Professional Services Industry Growth | 12.81% |
| Revenue growth rate | 2.72% |
| Return on equity | 4.20% |
| Net Margin | 0.56% |
| Next Earnings Update | 06 Aug 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 18
PAGE: Lower Market Expectations Will Support Future Earnings Recovery Potential
Analysts have trimmed their PageGroup price expectations, with the consensus fair value estimate moving from about £3.00 to roughly £2.58 per share. This reflects updated views on revenue growth, profit margins and a lower future P/E multiple after recent target cuts, including Morgan Stanley's move to £1.10.
Narrative Update • Jun 04
PAGE: Recent Downgrade And Earnings Reset Will Set Up Future Recovery
Analysts have trimmed their fair value estimate for PageGroup from £1.82 to £1.63, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E following recent Street research, including the latest downgrade at Citi. What's in the News No recent company specific news items for PageGroup were identified in the provided sources.
Narrative Update • May 19
PAGE: Dividend Reset And Downgrade Will Shape Balanced Long Term Outlook
Analysts have trimmed their fair value estimate for PageGroup from £1.50 to £1.15, citing updated views on discount rates, revenue trends, profit margins and future P/E assumptions following recent Street research, including the latest downgrade. Analyst Commentary Bearish analysts describe the recent downgrade as part of a wider reset in expectations for PageGroup.Analysis Article • May 15
Is It Too Late To Consider Buying PageGroup plc (LON:PAGE)?
While PageGroup plc ( LON:PAGE ) might not have the largest market cap around , it saw significant share price movement...Narrative Update • May 05
PAGE: Earnings Reset And Dividend Cut Will Clear The Way For Recovery
Analysts have trimmed their average price target on PageGroup from £2.42 to £1.82, pointing to slightly softer assumptions on fair value, revenue growth, profit margins and future P/E following the recent downgrade in Street research. Analyst Commentary Recent research following the trim in the average price target to £1.82 focuses on how much investors should pay for PageGroup today given updated views on growth, profitability and the appropriate P/E multiple.Narrative Update • Apr 19
PAGE: Earnings Recovery And Dividend Capacity Will Support Future Rebound Potential
Analysts have trimmed their PageGroup price target by £1.09, reflecting updated views on fair value, slightly higher discount rates, and more cautious assumptions on revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent research points to a more cautious stance on valuation for PageGroup, with price targets adjusted to reflect updated assumptions around growth and profitability.Narrative Update • Apr 04
PAGE: Earnings Reset And Dividend Cut Should Support Future Rebound Potential
Narrative update The analyst price target for PageGroup has been lowered to about £2.15 to £2.25 per share. Analysts point to expectations for earnings staying lower for longer and a recalibration of fair value, discount rate, revenue growth, profit margin and future P/E assumptions to reflect ongoing cyclical and structural challenges.Narrative Update • Mar 21
PAGE: Earnings Pressure And Dividend Reset Will Set Up Longer Term Upside Potential
Analysts have trimmed PageGroup's fair value estimate from £1.95 to £1.50. This reflects recent price target cuts to £225 and £215 and concerns that cyclical headwinds combined with structural challenges could keep earnings under pressure for longer.Narrative Update • Mar 06
PAGE: Earnings Resilience And Margin Discipline Will Drive Rebound Potential
Narrative Update on PageGroup Analysts have trimmed their blended fair value estimate for PageGroup to about £4.09 per share from £4.50, reflecting lower profit margin assumptions and more cautious earnings expectations following recent price target cuts to £225 and £215 and rating moves to Hold. Analyst Commentary Recent research has taken a more cautious stance on PageGroup, with both the rating and published price targets aligning closer to where the shares have been trading.Narrative Update • Feb 20
PAGE: Cautious Earnings Outlook Will Support A More Neutral Stance
Analysts have trimmed their fair value estimate for PageGroup from £2.50 to £1.95, echoing recent price target cuts to £2.25 and £2.15, as they factor in a higher discount rate, softer revenue expectations, thinner profit margins and a higher assumed future P/E multiple. Analyst Commentary Recent research updates point to a more cautious stance on PageGroup, with bearish analysts cutting price targets and shifting ratings to a more neutral footing.Narrative Update • Feb 06
PAGE: Earnings Reset And Hold Ratings Should Support Future Rebound Potential
Analysts have moved their price expectations for PageGroup lower, with recent Street targets shifting to £2.15 to £2.25 per share. This reflects a more cautious view as they point to ongoing cyclical pressures combined with structural challenges that could keep earnings subdued for longer.Narrative Update • Jan 23
PAGE: Raised P/E And Sector Reset Should Support Earnings Resilience Through 2025
Narrative Update Analysts have trimmed their implied price target for PageGroup to about £2.77 from roughly £2.93, reflecting slightly higher discount rates, more cautious assumptions on revenue growth and profit margins, and a higher future P/E. This comes alongside recent sector wide reset commentary and rating moves to Hold.Narrative Update • Jan 08
PAGE: Lowered Expectations Should Set Up Earnings Resilience Through 2025
Narrative update on PageGroup Analysts have trimmed their price expectations for PageGroup, with a recent cut in the target to £2.15 from £2.55. This reflects concerns that cyclical pressures combined with structural challenges in European employment services could keep earnings lower for longer.Narrative Update • Dec 23
PAGE: Modest Profit Downgrade Will Still Support Medium-Term Resilience
Analysts have modestly increased their price target on PageGroup to reflect a slightly higher implied valuation, citing stable growth and margin assumptions, as well as a marginally higher discount rate and forward earnings multiple in their refreshed models. What's in the News PageGroup lowered its 2025 operating profit guidance and now expects full-year operating profit to be broadly in line with consensus of GBP 21.5 million.Narrative Update • Dec 09
PAGE: Diversified Reach And Leaner Margins Will Drive Medium-Term Resilience
The analyst price target for PageGroup has been reduced from 280 GBp to 250 GBp, as analysts modestly trim fair value assumptions while still expecting improved revenue growth and a higher future P/E multiple to support the shares. Analyst Commentary Analysts see the lower price target as a recalibration of expectations rather than a fundamental shift in the investment case, with the Equal Weight stance underscoring a balanced risk reward profile.Narrative Update • Nov 25
PAGE: Geographic Reach And Efficiency Initiatives Will Boost Long-Term Resilience
Narrative Update on PageGroup Analyst Price Target The analyst price target for PageGroup has been reduced from £2.80 to £2.50. Analysts cite subdued profit margin expectations and sector headwinds as supporting factors for their revised outlook.Analysis Article • Nov 21
PageGroup plc's (LON:PAGE) Intrinsic Value Is Potentially 90% Above Its Share Price
Key Insights Using the 2 Stage Free Cash Flow to Equity, PageGroup fair value estimate is UK£4.32 PageGroup is...Narrative Update • Nov 06
PAGE: Digital Transformation And Geographic Diversity Will Drive Long-Term Opportunity
Analysts have lowered PageGroup's price target from £2.80 to £2.50, citing a more cautious outlook due to adjusted growth expectations and current market conditions. Analyst Commentary Recent research has provided further insight into the revised valuation of PageGroup, highlighting both optimistic and cautious factors affecting the company’s outlook.Narrative Update • Oct 16
Technology Adoption And Global Expansion Will Unlock Value
Narrative Update on PageGroup Analyst Price Target PageGroup's analyst price target has been reduced from £2.80 to £2.50, as analysts cite moderated revenue growth expectations and a slightly lower profit margin outlook. Analyst Commentary Analyst reactions to the revised price target for PageGroup reflect a mix of cautious optimism and concerns about future performance.Analysis Article • Sep 01
Why Investors Shouldn't Be Surprised By PageGroup plc's (LON:PAGE) Low P/S
When you see that almost half of the companies in the Professional Services industry in the United Kingdom have...Analysis Article • Aug 15
PageGroup (LON:PAGE) Has Announced A Dividend Of £0.0536
PageGroup plc ( LON:PAGE ) has announced that it will pay a dividend of £0.0536 per share on the 10th of October. The...Analysis Article • Jul 25
Should You Think About Buying PageGroup plc (LON:PAGE) Now?
PageGroup plc ( LON:PAGE ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...Analysis Article • Apr 22
We Think You Can Look Beyond PageGroup's (LON:PAGE) Lackluster Earnings
PageGroup plc's ( LON:PAGE ) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed...Analysis Article • Apr 12
PageGroup plc's (LON:PAGE) 26% Cheaper Price Remains In Tune With Earnings
The PageGroup plc ( LON:PAGE ) share price has fared very poorly over the last month, falling by a substantial 26%. The...Analysis Article • Apr 09
PageGroup's (LON:PAGE) Upcoming Dividend Will Be Larger Than Last Year's
PageGroup plc's ( LON:PAGE ) periodic dividend will be increasing on the 23rd of June to £0.1175, with investors...Analysis Article • Mar 26
PageGroup (LON:PAGE) Is Paying Out A Larger Dividend Than Last Year
PageGroup plc ( LON:PAGE ) will increase its dividend on the 23rd of June to £0.1175, which is 4.5% higher than last...
New Narrative • Mar 09
Page Executive Expansion And AI Investments Will Improve Future Efficiency
Strategic resource reallocation and investment in technology can enhance productivity and revenue, contributing to improved earnings.Analysis Article • Mar 09
PageGroup plc Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next
It's been a good week for PageGroup plc ( LON:PAGE ) shareholders, because the company has just released its latest...Analysis Article • Jan 31
PageGroup (LON:PAGE) Could Be At Risk Of Shrinking As A Company
When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...Analysis Article • Dec 10
Should You Investigate PageGroup plc (LON:PAGE) At UK£3.76?
PageGroup plc ( LON:PAGE ), is not the largest company out there, but it saw significant share price movement during...Analysis Article • Nov 19
PageGroup plc (LON:PAGE) Not Flying Under The Radar
With a price-to-earnings (or "P/E") ratio of 21.9x PageGroup plc ( LON:PAGE ) may be sending bearish signals at the...Analysis Article • Oct 30
These Return Metrics Don't Make PageGroup (LON:PAGE) Look Too Strong
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...Analysis Article • Jul 02
What You Can Learn From PageGroup plc's (LON:PAGE) P/E
It's not a stretch to say that PageGroup plc's ( LON:PAGE ) price-to-earnings (or "P/E") ratio of 16.7x right now seems...Analysis Article • Jun 01
PageGroup (LON:PAGE) Is Finding It Tricky To Allocate Its Capital
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...Analysis Article • Apr 25
PageGroup (LON:PAGE) Is Due To Pay A Dividend Of £0.1124
PageGroup plc ( LON:PAGE ) has announced that it will pay a dividend of £0.1124 per share on the 21st of June. This...Analysis Article • Apr 05
PageGroup plc's (LON:PAGE) Intrinsic Value Is Potentially 39% Above Its Share Price
Key Insights Using the 2 Stage Free Cash Flow to Equity, PageGroup fair value estimate is UK£6.75 Current share price...Analysis Article • Mar 15
Some Investors May Be Willing To Look Past PageGroup's (LON:PAGE) Soft Earnings
Soft earnings didn't appear to concern PageGroup plc's ( LON:PAGE ) shareholders over the last week. Our analysis...Analysis Article • Mar 10
PageGroup plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
PageGroup plc ( LON:PAGE ) last week reported its latest full-year results, which makes it a good time for investors to...Analysis Article • Mar 02
At UK£4.59, Is PageGroup plc (LON:PAGE) Worth Looking At Closely?
While PageGroup plc ( LON:PAGE ) might not have the largest market cap around , it received a lot of attention from a...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How PageGroup makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 25 | 1,597 | 9 | 749 | 0 |
| 30 Sep 25 | 1,618 | 10 | 755 | 0 |
| 30 Jun 25 | 1,639 | 12 | 762 | 0 |
| 31 Mar 25 | 1,689 | 20 | 776 | 0 |
| 31 Dec 24 | 1,739 | 28 | 790 | 0 |
| 30 Sep 24 | 1,807 | 40 | 816 | 0 |
| 30 Jun 24 | 1,874 | 51 | 841 | 0 |
| 31 Mar 24 | 1,942 | 64 | 865 | 0 |
| 31 Dec 23 | 2,010 | 77 | 888 | 0 |
| 30 Sep 23 | 2,029 | 89 | 904 | 0 |
| 30 Jun 23 | 2,047 | 101 | 920 | 0 |
| 31 Mar 23 | 2,019 | 120 | 900 | 0 |
| 31 Dec 22 | 1,990 | 139 | 880 | 0 |
| 30 Sep 22 | 1,922 | 150 | 837 | 0 |
| 30 Jun 22 | 1,855 | 161 | 793 | 0 |
| 31 Mar 22 | 1,749 | 140 | 751 | 0 |
| 31 Dec 21 | 1,644 | 118 | 709 | 0 |
| 30 Sep 21 | 1,530 | 76 | 671 | 0 |
| 30 Jun 21 | 1,416 | 34 | 633 | 0 |
| 31 Mar 21 | 1,361 | 14 | 613 | 0 |
| 31 Dec 20 | 1,305 | -6 | 593 | 0 |
| 30 Sep 20 | 1,397 | 21 | 622 | 0 |
| 30 Jun 20 | 1,488 | 48 | 651 | 0 |
| 31 Mar 20 | 1,571 | 76 | 680 | 0 |
| 31 Dec 19 | 1,654 | 103 | 709 | 0 |
| 30 Sep 19 | 1,636 | 106 | 705 | 0 |
| 30 Jun 19 | 1,619 | 108 | 702 | 0 |
| 31 Mar 19 | 1,584 | 106 | 687 | 0 |
| 31 Dec 18 | 1,550 | 104 | 672 | 0 |
| 30 Sep 18 | 1,500 | 98 | 650 | 0 |
| 30 Jun 18 | 1,450 | 92 | 627 | 0 |
| 31 Mar 18 | 1,411 | 87 | 610 | 0 |
| 31 Dec 17 | 1,372 | 83 | 593 | 0 |
| 30 Sep 17 | 1,332 | 81 | 578 | 0 |
| 30 Jun 17 | 1,293 | 79 | 563 | 0 |
| 31 Mar 17 | 1,245 | 76 | 542 | 0 |
| 31 Dec 16 | 1,196 | 72 | 520 | 0 |
| 30 Sep 16 | 1,153 | 72 | 499 | 0 |
| 30 Jun 16 | 1,110 | 72 | 477 | 0 |
| 31 Mar 16 | 1,088 | 69 | 472 | 0 |
| 31 Dec 15 | 1,065 | 66 | 466 | 0 |
| 30 Sep 15 | 1,065 | 65 | 467 | 0 |
Quality Earnings: PAGE has high quality earnings.
Growing Profit Margin: PAGE's current net profit margins (0.6%) are lower than last year (1.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PAGE has become profitable over the past 5 years, growing earnings by -17.6% per year.
Accelerating Growth: PAGE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PAGE had negative earnings growth (-68.3%) over the past year, making it difficult to compare to the Professional Services industry average (11.8%).
Return on Equity
High ROE: PAGE's Return on Equity (4.2%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/10 03:16 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PageGroup plc is covered by 27 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Paul Daniel Checketts | Barclays |
| Afonso Osorio | Barclays |
| James Rowland Clark | Barclays |