Ocado Group Past Earnings Performance

Past criteria checks 0/6

Ocado Group's earnings have been declining at an average annual rate of -29.1%, while the Consumer Retailing industry saw earnings growing at 20.9% annually. Revenues have been growing at an average rate of 10.7% per year.

Key information

-29.1%

Earnings growth rate

-25.6%

EPS growth rate

Consumer Retailing Industry Growth	18.8%
Revenue growth rate	10.7%
Return on equity	-25.6%
Net Margin	-11.1%
Next Earnings Update	16 Jul 2024

Recent past performance updates

Recent updates

Ocado Group plc's (LON:OCDO) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of Investors

Apr 20

Analysts Are Updating Their Ocado Group plc (LON:OCDO) Estimates After Its Yearly Results

Mar 04

Ocado Group plc's (LON:OCDO) P/S Is Still On The Mark Following 28% Share Price Bounce

Jan 01

The Ocado Group (LON:OCDO) Share Price Is Up 616% And Shareholders Are Delighted

Dec 22

Revenue & Expenses Breakdown
Beta

How Ocado Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

LSE:OCDO Revenue, expenses and earnings (GBP Millions)
Date	Revenue	Earnings	G+A Expenses
03 Dec 23	2,825	-314	4
03 Sep 23	2,725	-395	6
28 May 23	2,622	-477	1,486
28 Feb 23	2,568	-466	1,486
27 Nov 22	2,517	-455	7
27 Aug 22	2,479	-405	323
29 May 22	2,441	-354	640
28 Feb 22	2,470	-288	928
28 Nov 21	2,498	-223	1,215
28 Aug 21	2,532	-191	1,157
30 May 21	2,565	-159	1,098
28 Feb 21	2,448	-147	1,039
29 Nov 20	2,332	-134	979
29 Aug 20	2,146	-129	918
31 May 20	1,961	-123	857
29 Feb 20	1,859	-168	872
01 Dec 19	1,757	-213	886
01 Sep 19	1,721	-196	856
02 Jun 19	1,686	-179	825
02 Mar 19	1,642	-112	738
02 Dec 18	1,599	-45	652
02 Sep 18	1,567	-37	626
03 Jun 18	1,536	-30	600
03 Mar 18	1,495	-19	575
03 Dec 17	1,455	-8	551
03 Sep 17	1,428	1	535
28 May 17	1,401	11	518
28 Feb 17	1,336	12	492
27 Nov 16	1,271	12	466
27 Aug 16	1,228	13	450
15 May 16	1,184	13	434
15 Feb 16	1,146	13	419
29 Nov 15	1,108	12	403
29 Aug 15	1,067	9	386
17 May 15	1,027	7	369
17 Feb 15	988	7	352
30 Nov 14	949	7	336
31 Aug 14	907	3	317
18 May 14	866	-1	299
18 Feb 14	829	-7	284
01 Dec 13	792	-12	268
01 Sep 13	759	-9	252
19 May 13	727	-6	236

Quality Earnings: OCDO is currently unprofitable.

Growing Profit Margin: OCDO is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: OCDO is unprofitable, and losses have increased over the past 5 years at a rate of 29.1% per year.

Accelerating Growth: Unable to compare OCDO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OCDO is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (27.2%).

Return on Equity

High ROE: OCDO has a negative Return on Equity (-25.61%), as it is currently unprofitable.

Ocado Group Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings: EPS and revenues exceed analyst expectations

First half 2023 earnings released: UK£0.29 loss per share (vs UK£0.29 loss in 1H 2022)

Full year 2022 earnings released: UK£0.59 loss per share (vs UK£0.30 loss in FY 2021)

Ocado Group plc to Report First Half, 2023 Results on Jul 18, 2023

First half 2022 earnings released: UK£0.29 loss per share (vs UK£0.11 loss in 1H 2021)

Full year 2021 earnings: EPS and revenues miss analyst expectations

Recent updates

Ocado Group plc's (LON:OCDO) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of Investors

Price target decreased by 20% to UK£6.32

Ocado Group plc Announces Rick Haythornthwaite Will Not Seek Re-Election to the Ocado Board At Its AGM in April 2025

Analysts Are Updating Their Ocado Group plc (LON:OCDO) Estimates After Its Yearly Results

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 18%

Ocado Group Announces Board Changes

Ocado Group plc's (LON:OCDO) P/S Is Still On The Mark Following 28% Share Price Bounce

Forecast to breakeven in 2026

Here's Why Ocado Group (LON:OCDO) Can Afford Some Debt

High number of new directors

Ocado Group plc Provides Financial Guidance for 2023

Ocado Group plc, Annual General Meeting, Apr 29, 2024

We Think Ocado Group (LON:OCDO) Has A Fair Chunk Of Debt

Ocado and Autostore Settle All Litigation

Price target increased by 7.6% to UK£8.85

First half 2023 earnings released: UK£0.29 loss per share (vs UK£0.29 loss in 1H 2022)

Ocado Group plc Announce Executive Changes, Effective from 1 September 2023

Ocado Group plc Announce Executive Changes, Effective from 1 September 2023

Price target decreased by 7.0% to UK£8.14

Price target decreased by 10.0% to UK£8.20

Consensus EPS estimates fall by 15%

Full year 2022 earnings released: UK£0.59 loss per share (vs UK£0.30 loss in FY 2021)

Ocado Group plc to Report First Half, 2023 Results on Jul 18, 2023

Ocado Group plc Announces Management Changes

Price target decreased to UK£10.27

Consensus EPS estimates fall by 14%

Independent Non-Executive Director recently bought UK£2.7m worth of stock

Consensus EPS estimates fall by 10%

Price target decreased to UK£10.78

Ocado Group plc Announces Appointment of Mark Richardson as Chief Executive Officer of New Business

Ocado Group plc, Annual General Meeting, May 02, 2023

First half 2022 earnings released: UK£0.29 loss per share (vs UK£0.11 loss in 1H 2021)

Price target decreased to UK£12.04

Ocado Group plc Announces Board Committee Changes

Price target decreased to UK£13.91

Ocado Group plc has completed a Follow-on Equity Offering in the amount of £576.95892 million.

Price target decreased to UK£15.28

Price target decreased to UK£15.28

Price target decreased to UK£16.16

Ocado Group plc (LSE:OCDO) agreed to acquire remaining majority stake in Myrmex, Inc. from Odyssey Venture Partners for €10.2 million.

Independent Non-Executive Chairman recently bought UK£100k worth of stock

Health Check: How Prudently Does Ocado Group (LON:OCDO) Use Debt?

Full year 2021 earnings: EPS and revenues miss analyst expectations

Now 23% undervalued after recent price drop

Autostore Holdings Ltd. Announces Update on Litigation with Ocado Group plc

Calculating The Intrinsic Value Of Ocado Group plc (LON:OCDO)

Consensus forecasts updated

Administrative Law Judge Issues Initial Determination in Autostore's International Trade Commission Patent Case Against Ocado Group plc

Consensus forecasts updated

Ocado Group plc Provides Revenue Guidance for the Fiscal Year 2022

Is Ocado Group (LON:OCDO) A Risky Investment?

Board Member recently bought UK£199k worth of stock

First half 2021 earnings released: UK£0.10 loss per share (vs UK£0.082 loss in 1H 2020)

Ocado Group plc Maintains Earnings Guidance for the Fiscal Year 2021

Is Ocado Group plc (LON:OCDO) Worth UK£19.2 Based On Its Intrinsic Value?

Non-Executive Chairman Stuart Alan Rose has left the company

Health Check: How Prudently Does Ocado Group (LON:OCDO) Use Debt?

COO & Executive Director recently sold UK£4.4m worth of stock

CEO & Executive Director exercised options and sold UK£1.7m worth of stock

Independent Non-Executive Director recently bought UK£16m worth of stock

3I Group plc Appoints Stephen Daintith as a Director of the Company, Effective 22 March 2021

Ocado Group plc Provides Revenue Guidance for the Second Quarter of Fiscal 2021

New 90-day low: UK£21.38

Ocado Group plc, Annual General Meeting, May 13, 2021

Ocado Group plc Names Stephen Daintith as an Executive Director, with effect from 22 March 2021

Analysts update estimates

Should You Be Impressed By Ocado Group's (LON:OCDO) Returns on Capital?

Full year 2020 earnings released: UK£0.17 loss per share (vs UK£0.29 loss in FY 2019)

Revenue & Expenses Breakdown
Beta