Workspace Group Future Growth

Future criteria checks 3/6

Workspace Group's revenue is forecast to decline at 3.8% per annum while its annual earnings are expected to grow at 68.1% per year. EPS is expected to grow by 68.8% per annum. Return on equity is forecast to be 7% in 3 years.

Key information

68.1%

Earnings growth rate

68.8%

EPS growth rate

Office REITs earnings growth	79.7%
Revenue growth rate	-3.8%
Future return on equity	7.0%
Analyst coverage	Good
Last updated	13 May 2024

Recent future growth updates

Recent updates

What You Need To Know About The Workspace Group plc (LON:WKP) Analyst Downgrade Today

Nov 25

Time To Worry? Analysts Just Downgraded Their Workspace Group plc (LON:WKP) Outlook

Jun 16

Would Shareholders Who Purchased Workspace Group's (LON:WKP) Stock Year Be Happy With The Share price Today?

Feb 10

Analyst Forecasts For Workspace Group plc (LON:WKP) Are Surging Higher

Dec 17

Earnings and Revenue Growth Forecasts

LSE:WKP - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	160	139	N/A	N/A	1
3/31/2026	142	135	15	113	6
3/31/2025	141	131	13	N/A	8
3/31/2024	137	-197	15	101	8
9/30/2023	183	-221	59	60	N/A
6/30/2023	178	-130	69	69	N/A
3/31/2023	174	-38	78	79	N/A
12/31/2022	164	59	63	64	N/A
9/30/2022	154	156	49	49	N/A
6/30/2022	143	140	53	54	N/A
3/31/2022	133	124	57	58	N/A
12/31/2021	130	1	60	61	N/A
9/30/2021	128	-122	63	64	N/A
6/30/2021	135	-179	50	51	N/A
3/31/2021	142	-236	37	38	N/A
12/31/2020	150	-187	45	46	N/A
9/30/2020	157	-137	53	54	N/A
6/30/2020	159	-33	69	69	N/A
3/31/2020	161	72	84	85	N/A
12/31/2019	160	103	89	90	N/A
9/30/2019	158	135	94	95	N/A
6/30/2019	154	136	85	86	N/A
3/31/2019	149	137	76	76	N/A
12/31/2018	144	143	70	71	N/A
9/30/2018	139	149	64	66	N/A
6/30/2018	134	160	69	70	N/A
3/31/2018	129	171	73	74	N/A
12/31/2017	123	188	69	69	N/A
9/30/2017	117	205	64	64	N/A
6/30/2017	113	147	N/A	59	N/A
3/31/2017	109	89	N/A	53	N/A
12/31/2016	108	161	N/A	54	N/A
9/30/2016	107	233	N/A	54	N/A
6/30/2016	106	311	N/A	52	N/A
3/31/2016	105	389	N/A	50	N/A
12/31/2015	101	369	N/A	45	N/A
9/30/2015	98	350	N/A	40	N/A
6/30/2015	95	350	N/A	38	N/A
3/31/2015	92	351	N/A	36	N/A
12/31/2014	90	328	N/A	33	N/A
9/30/2014	88	305	N/A	30	N/A
6/30/2014	83	273	N/A	28	N/A
3/31/2014	79	241	N/A	26	N/A
12/31/2013	76	197	N/A	25	N/A
9/30/2013	74	153	N/A	24	N/A
6/30/2013	73	115	N/A	23	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WKP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.8%).

Earnings vs Market: WKP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: WKP is expected to become profitable in the next 3 years.

Revenue vs Market: WKP's revenue is expected to decline over the next 3 years (-3.8% per year).

High Growth Revenue: WKP's revenue is forecast to decline over the next 3 years (-3.8% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WKP's Return on Equity is forecast to be low in 3 years time (7%).

Workspace Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 16%, revenue upgraded

Consensus EPS estimates upgraded to UK£0.26 loss

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

Price target decreased to UK£6.16

Recent updates

Workspace Group Plc Appoints Lawrence Hutchings as CEO Designate

Workspace Group plc Announces the Appointment of David Stevenson as Non-Executive Director, Effective 1 June 2024

Workspace Group Plc to Report Q4, 2024 Results on Apr 17, 2024

Workspace Group plc Announces Intention of Graham Clemett to Retire as Chief Executive Officer During 2024

Consensus EPS estimates fall by 16%, revenue upgraded

Workspace Group Plc, Annual General Meeting, Jul 25, 2024

Upcoming dividend of UK£0.09 per share at 4.6% yield

Now 21% undervalued

First half 2024 earnings released: UK£0.77 loss per share (vs UK£0.19 profit in 1H 2023)

Now 24% undervalued

Workspace Group plc Proposes Interim Dividend of the Financial Year Ending 31 March 2024, Payable on 2 February 2024

Workspace Group Plc Announces Board Changes, Effective April 01, 2024

Workspace Group plc Appoints Duncan Owen to the Remuneration Committee

Workspace Group plc Announces Board Changes

Now 22% undervalued

Tudor Investment Holdings Limited acquired Five non-core properties in the South-East of England from Workspace Group plc (LSE:WKP).

Upcoming dividend of UK£0.17 per share at 5.4% yield

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Workspace Group plc (LSE:WKP) acquired London office portfolio for £162 million.

Consensus EPS estimates upgraded to UK£0.26 loss

Now 21% undervalued

Upcoming dividend of UK£0.084 per share

Consensus forecasts updated

Now 20% undervalued after recent price drop

Consensus forecasts updated

High number of new directors

Workspace Group plc Announces Interim Dividend, Payable on 1 February 2023

Workspace Group plc to Report First Half, 2023 Results on Nov 15, 2022

Consensus forecasts updated

Price target decreased to UK£6.16

Price target decreased to UK£6.45

Investor sentiment deteriorated over the past week

Consensus forecasts updated

CFO & Director recently bought UK£100k worth of stock

Investor sentiment deteriorated over the past week

Upcoming dividend of UK£0.14 per share

Independent Non-Executive Chairman recently bought UK£116k worth of stock

Workspace Group plc, Annual General Meeting, Jul 21, 2022

Workspace Group plc Recommends Final Dividend for the Year Ended 31 March 2022, Payable on August 5, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Workspace Group plc Recommends Final Dividend for the Year Ended 31 March 2022, Payable on August 5, 2022

Now 23% undervalued

High number of new directors

Workspace Group plc Announces Board Changes

Workspace Group plc to Report Fiscal Year 2022 Results on Jun 08, 2022

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

High number of new directors

Upcoming dividend of UK£0.07 per share

What You Need To Know About The Workspace Group plc (LON:WKP) Analyst Downgrade Today

First half 2022 earnings released: EPS UK£0.019 (vs UK£0.61 loss in 1H 2021)

Workspace Group plc (LSE: WKP) agreed to acquire Stapleton House in Shoreditch for £43.4 million.

An unknown buyer acquired 13-17 Fitzroy Street from Workspace Group plc (LSE:WKP) for £92 million.

Independent Non-Executive Director Suzi Williams has left the company

Non-Executive Director Maria Moloney has left the company

Upcoming dividend of UK£0.18 per share

Time To Worry? Analysts Just Downgraded Their Workspace Group plc (LON:WKP) Outlook

Price target increased to UK£8.57

Full year 2021 earnings released: UK£1.30 loss per share (vs UK£0.40 profit in FY 2020)

Workspace Group plc Recommends Final Dividend for the Year Ended 31 March 2021, Payable on 6 August 2021

New 90-day high: UK£8.18

Would Shareholders Who Purchased Workspace Group's (LON:WKP) Stock Year Be Happy With The Share price Today?

Workspace Group plc Announces Committee Appointments

Analyst Forecasts For Workspace Group plc (LON:WKP) Are Surging Higher

Analysts increase EPS estimates to -UK£1.63

New 90-day high: UK£7.81

Analysts increase EPS estimates to -UK£1.18

First half 2021 earnings released: UK£0.61 loss per share

New 90-day high: UK£7.00