Phoenix Group Holdings First Half 2023 Earnings: UK£0.27 loss per share (vs UK£1.30 loss in 1H 2022)

Phoenix Group Holdings (LON:PHNX) First Half 2023 Results

Key Financial Results

• Net loss: UK£272.0m (loss narrowed by 79% from 1H 2022).
• UK£0.27 loss per share (improved from UK£1.30 loss in 1H 2022).

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

Phoenix Group Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 66% p.a. on average during the next 3 years, compared to a 34% growth forecast for the Insurance industry in the United Kingdom.

Performance of the British Insurance industry.

The company's shares are down 8.6% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Phoenix Group Holdings that you should be aware of before investing here.

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