LSL Property Services Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

LSL Property Services (LON:LSL) Full Year 2023 Results

Key Financial Results

• Revenue: UK£144.4m (down 55% from FY 2022).
• Net income: UK£8.09m (up from UK£63.9m loss in FY 2022).
• Profit margin: 5.6% (up from net loss in FY 2022).
• EPS: UK£0.079 (up from UK£0.62 loss in FY 2022).

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

LSL Property Services Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Real Estate industry in the United Kingdom.

Performance of the British Real Estate industry.

The company's shares are up 7.5% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for LSL Property Services that you should be aware of.

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