FBD Holdings Full Year 2022 Earnings: EPS Beats Expectations, Revenues Lag

FBD Holdings (ISE:EG7) Full Year 2022 Results

Key Financial Results

• Revenue: €333.4m (down 6.9% from FY 2021).
• Net income: €64.5m (down 33% from FY 2021).
• Profit margin: 19% (down from 27% in FY 2021). The decrease in margin was primarily driven by lower revenue.
• EPS: €1.81 (down from €2.74 in FY 2021).

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

FBD Holdings EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 58%.

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Insurance industry in Europe.

Performance of the market in Ireland.

The company's shares are up 1.5% from a week ago.

Risk Analysis

Be aware that FBD Holdings is showing 2 warning signs in our investment analysis and 1 of those shouldn't be ignored...

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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.