- Aerospace & Defense
Avio Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags
Avio (BIT:AVIO) Full Year 2022 Results
Key Financial Results
- Revenue: €371.4m (up 16% from FY 2021).
- Net loss: €434.8k (down by 105% from €8.48m profit in FY 2021).
- €0.02 loss per share (down from €0.33 profit in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Avio Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 8.4%.
Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Aerospace & Defense industry in Europe.
Performance of the market in Italy.
The company's shares are down 9.8% from a week ago.
Be aware that Avio is showing 1 warning sign in our investment analysis that you should know about...
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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.
Avio S.p.A., through its subsidiaries, engages in the designs, develops, produces, and integrates space launchers in Italy and internationally.
Excellent balance sheet with reasonable growth potential.