Stock Analysis

Empiric Student Property Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags

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Empiric Student Property (LON:ESP) Full Year 2022 Results

Key Financial Results

  • Revenue: UK£73.0m (up 30% from FY 2021).
  • Net income: UK£67.7m (up 132% from FY 2021).
  • Profit margin: 93% (up from 52% in FY 2021).
  • EPS: UK£0.11 (up from UK£0.048 in FY 2021).
LSE:ESP Earnings and Revenue Growth March 18th 2023

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

Empiric Student Property Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) missed analyst estimates by 22%.

Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the REITs industry in the United Kingdom.

Performance of the British REITs industry.

The company's shares are up 4.7% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Empiric Student Property (1 shouldn't be ignored) you should be aware of.

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