Sabre Insurance Group Full Year 2022 Earnings: Misses Expectations

Sabre Insurance Group (LON:SBRE) Full Year 2022 Results

Key Financial Results

• Revenue: UK£159.7m (up 4.6% from FY 2021).
• Net income: UK£10.1m (down 67% from FY 2021).
• Profit margin: 6.3% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses.
• EPS: UK£0.041 (down from UK£0.12 in FY 2021).

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

Sabre Insurance Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 31% growth forecast for the Insurance industry in the United Kingdom.

Performance of the British Insurance industry.

The company's shares are down 1.4% from a week ago.

Risk Analysis

Be aware that Sabre Insurance Group is showing 2 warning signs in our investment analysis and 1 of those is concerning...

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