- United Kingdom
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.
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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Sabre Insurance Group
Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles and motorcycles in the United Kingdom.
Excellent balance sheet with reasonable growth potential.