LBG Media Full Year 2023 Earnings: EPS Misses Expectations

LBG Media (LON:LBG) Full Year 2023 Results

Key Financial Results

• Revenue: UK£67.5m (up 7.5% from FY 2022).
• Net income: UK£1.67m (down 69% from FY 2022).
• Profit margin: 2.5% (down from 8.6% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: UK£0.008 (down from UK£0.026 in FY 2022).

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

LBG Media EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 78%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Entertainment industry in the United Kingdom.

Performance of the British Entertainment industry.

The company's shares are up 7.6% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for LBG Media that you need to take into consideration.

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