Stock Analysis
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- LSE:CEY
Centamin Full Year 2023 Earnings: EPS Misses Expectations
Centamin (LON:CEY) Full Year 2023 Results
Key Financial Results
- Revenue: US$891.3m (up 13% from FY 2022).
- Net income: US$92.3m (up 27% from FY 2022).
- Profit margin: 10% (up from 9.2% in FY 2022). The increase in margin was driven by higher revenue.
- EPS: US$0.08 (up from US$0.063 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Centamin EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 34%.
Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Metals and Mining industry in the United Kingdom.
Performance of the British Metals and Mining industry.
The company's shares are up 6.0% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Centamin that you need to be mindful of.
Valuation is complex, but we're helping make it simple.
Find out whether Centamin is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About LSE:CEY
Centamin
Centamin plc, together with its subsidiaries, engages in the exploration, mining, and development of gold and precious metals in Egypt, Côte d’Ivoire, Burkina Faso, Jersey, the United Kingdom, and Australia.
Flawless balance sheet with solid track record and pays a dividend.