Safestore Holdings Full Year 2022 Earnings: EPS Beats Expectations

Safestore Holdings (LON:SAFE) Full Year 2022 Results

Key Financial Results

• Revenue: UK£212.5m (up 14% from FY 2021).
• Net income: UK£462.9m (up 21% from FY 2021).
• EPS: UK£2.20 (up from UK£1.81 in FY 2021).

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

Safestore Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 35%.

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the REITs industry in the United Kingdom.

Performance of the British REITs industry.

The company's shares are up 4.8% from a week ago.

Risk Analysis

Be aware that Safestore Holdings is showing 4 warning signs in our investment analysis and 1 of those is a bit unpleasant...

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