Stock Analysis

National Express Group Full Year 2022 Earnings: EPS Misses Expectations

LSE:MCG
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National Express Group (LON:NEX) Full Year 2022 Results

Key Financial Results

  • Revenue: UK£2.81b (up 29% from FY 2021).
  • Net loss: UK£243.1m (loss widened by 137% from FY 2021).
  • UK£0.40 loss per share (further deteriorated from UK£0.17 loss in FY 2021).
earnings-and-revenue-growth
LSE:NEX Earnings and Revenue Growth March 4th 2023

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

National Express Group EPS Misses Expectations

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

Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Transportation industry in the United Kingdom.

Performance of the British Transportation industry.

The company's shares are up 17% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with National Express Group (at least 1 which is a bit unpleasant), and understanding these should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.