Stock Analysis

SThree Full Year 2023 Earnings: Beats Expectations

LSE:STEM
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SThree (LON:STEM) Full Year 2023 Results

Key Financial Results

  • Revenue: UK£1.66b (up 1.4% from FY 2022).
  • Net income: UK£56.1m (up 3.4% from FY 2022).
  • Profit margin: 3.4% (up from 3.3% in FY 2022). The increase in margin was driven by higher revenue.
  • EPS: UK£0.42 (up from UK£0.41 in FY 2022).
earnings-and-revenue-growth
LSE:STEM Earnings and Revenue Growth January 31st 2024

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

SThree Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 11%.

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Professional Services industry in the United Kingdom.

Performance of the British Professional Services industry.

The company's shares are up 4.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for SThree that you need to take into consideration.

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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.

About LSE:STEM

SThree

Provides specialist recruitment services in the sciences, technology, engineering, and mathematics markets in the United Kingdom, Austria, Germany, Switzerland, Netherlands, Spain, Belgium, France, the United States, Dubai, Japan.

Outstanding track record with flawless balance sheet and pays a dividend.