TOD'S Full Year 2022 Earnings: EPS Beats Expectations
TOD'S (BIT:TOD) Full Year 2022 Results
Key Financial Results
- Revenue: €1.03b (up 14% from FY 2021).
- Net income: €23.1m (up from €5.94m loss in FY 2021).
- Profit margin: 2.2% (up from net loss in FY 2021). The move to profitability was driven by higher revenue.
- EPS: €0.70 (up from €0.18 loss in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
TOD'S EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 23%.
Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Luxury industry in Italy.
Performance of the Italian Luxury industry.
The company's shares are down 1.4% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on TOD'S' balance sheet health.
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TOD'S S.p.A., together with its subsidiaries, creates, produces, and distributes shoes, leather goods and accessories, and apparel in Italy, rest of Europe, the Americas, Greater China, and internationally.
Reasonable growth potential with adequate balance sheet.