Legal & General Group Full Year 2023 Earnings: EPS: UK£0.074 (vs UK£0.38 in FY 2022)

Legal & General Group (LON:LGEN) Full Year 2023 Results

Key Financial Results

• Net income: UK£435.0m (down 81% from FY 2022).
• EPS: UK£0.074 (down from UK£0.38 in FY 2022).

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

The primary driver behind last 12 months revenue was the Legal & General Retirement Institutional (LGRI) segment contributing a total revenue of UK£5.26b (48% of total revenue). Notably, cost of sales worth UK£8.66b amounted to 78% of total revenue thereby underscoring the impact on earnings.Explore how LGEN's revenue and expenses shape its earnings.

Legal & General Group shares are up 2.7% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Legal & General Group, and understanding these should be part of your investment process.

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