UnipolSai Assicurazioni Third Quarter 2023 Earnings: EPS: €0.068 (vs €0.032 in 3Q 2022)

UnipolSai Assicurazioni (BIT:US) Third Quarter 2023 Results

Key Financial Results

• Revenue: €1.42b (down 59% from 3Q 2022).
• Net income: €192.0m (up 110% from 3Q 2022).
• Profit margin: 14% (up from 2.6% in 3Q 2022). The increase in margin was driven by lower expenses.
• EPS: €0.068 (up from €0.032 in 3Q 2022).

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

UnipolSai Assicurazioni Earnings Insights

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Insurance industry in Italy.

Performance of the Italian Insurance industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of UnipolSai Assicurazioni's balance sheet and an in-depth analysis of the company's financial position.

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