Esprinet Full Year 2023 Earnings: €0.24 loss per share (vs €0.96 profit in FY 2022)

Esprinet (BIT:PRT) Full Year 2023 Results

Key Financial Results

• Revenue: €3.99b (down 15% from FY 2022).
• Net loss: €11.9m (down by 125% from €47.3m profit in FY 2022).
• €0.24 loss per share (down from €0.96 profit in FY 2022).

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

Esprinet Earnings Insights

Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 2 years, while revenues in the Electronic industry in Italy are expected to remain flat.

Performance of the Italian Electronic industry.

The company's shares are down 1.2% from a week ago.

Valuation

Our analysis of these results suggests Esprinet may be undervalued based on 6 important criteria we look at. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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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.