CIR. - Compagnie Industriali Riunite Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

CIR. - Compagnie Industriali Riunite (BIT:CIR) Full Year 2023 Results

Key Financial Results

• Revenue: €2.38b (up 6.5% from FY 2022).
• Net income: €39.7m (up from €969.0k loss in FY 2022).
• Profit margin: 1.7% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
• EPS: €0.037 (up from €0.001 loss in FY 2022).

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

CIR. - Compagnie Industriali Riunite EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) exceeded analyst estimates by 91%.

The company's shares are up 4.1% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for CIR. - Compagnie Industriali Riunite that you should be aware of.

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