Lasco Financial Services Past Earnings Performance
Past criteria checks 2/6
Lasco Financial Services has been growing earnings at an average annual rate of 6.7%, while the Diversified Financial industry saw earnings growing at 4.5% annually. Revenues have been declining at an average rate of 0.05% per year. Lasco Financial Services's return on equity is 5.4%, and it has net margins of 5.4%.
Key information
6.7%
Earnings growth rate
6.4%
EPS growth rate
| Diversified Financial Industry Growth | 2.3% |
| Revenue growth rate | -0.05% |
| Return on equity | 5.4% |
| Net Margin | 5.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Lasco Financial Services makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,194 | 119 | 1,932 | 0 |
| 30 Sep 23 | 2,209 | 113 | 1,939 | 0 |
| 30 Jun 23 | 2,256 | 150 | 1,903 | 0 |
| 31 Mar 23 | 2,246 | 214 | 1,828 | 0 |
| 31 Dec 22 | 2,409 | 230 | 1,918 | 0 |
| 30 Sep 22 | 2,530 | 330 | 1,895 | 0 |
| 30 Jun 22 | 2,461 | 314 | 1,850 | 0 |
| 31 Mar 22 | 2,487 | 306 | 1,852 | 0 |
| 31 Dec 21 | 2,415 | 266 | 1,865 | 0 |
| 30 Sep 21 | 2,254 | 260 | 1,742 | 0 |
| 30 Jun 21 | 2,317 | 337 | 1,717 | 0 |
| 31 Mar 21 | 2,265 | 157 | 1,846 | 0 |
| 31 Dec 20 | 2,263 | 20 | 1,986 | 0 |
| 30 Sep 20 | 2,350 | -101 | 2,177 | 0 |
| 30 Jun 20 | 2,387 | -254 | 2,362 | 0 |
| 31 Mar 20 | 2,503 | -57 | 2,277 | 0 |
| 31 Dec 19 | 2,395 | 91 | 1,962 | 0 |
| 30 Sep 19 | 2,372 | 195 | 1,870 | 0 |
| 30 Jun 19 | 2,305 | 272 | 1,740 | 0 |
| 31 Mar 19 | 2,205 | 282 | 1,646 | 0 |
| 31 Dec 18 | 2,214 | 300 | 1,670 | 0 |
| 30 Sep 18 | 2,021 | 249 | 1,549 | 0 |
| 30 Jun 18 | 1,831 | 288 | 1,364 | 0 |
| 31 Mar 18 | 1,595 | 254 | 1,218 | 0 |
| 31 Dec 17 | 1,352 | 247 | 1,025 | 0 |
| 30 Sep 17 | 1,245 | 254 | 932 | 0 |
| 30 Jun 17 | 1,121 | 197 | 879 | 0 |
| 31 Mar 17 | 1,062 | 188 | 834 | 0 |
| 31 Dec 16 | 1,009 | 207 | 782 | 0 |
| 30 Sep 16 | 950 | 189 | 751 | 0 |
| 30 Jun 16 | 907 | 207 | 702 | 0 |
| 31 Mar 16 | 838 | 203 | 649 | 0 |
| 31 Dec 15 | 799 | 168 | 633 | 0 |
| 30 Sep 15 | 760 | 193 | 575 | 0 |
| 30 Jun 15 | 720 | 198 | 529 | 0 |
| 31 Mar 15 | 705 | 191 | 522 | 0 |
| 31 Dec 14 | 703 | 222 | 488 | 0 |
| 30 Sep 14 | 684 | 199 | 492 | 0 |
| 30 Jun 14 | 654 | 185 | 477 | 0 |
| 31 Mar 14 | 621 | 177 | 452 | 0 |
| 31 Dec 13 | 625 | 188 | 440 | 0 |
| 30 Sep 13 | 577 | 197 | 383 | 0 |
| 30 Jun 13 | 529 | 177 | 354 | 0 |
Quality Earnings: LASF has high quality earnings.
Growing Profit Margin: LASF's current net profit margins (5.4%) are lower than last year (9.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LASF's earnings have grown by 6.7% per year over the past 5 years.
Accelerating Growth: LASF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LASF had negative earnings growth (-48.3%) over the past year, making it difficult to compare to the Diversified Financial industry average (8%).
Return on Equity
High ROE: LASF's Return on Equity (5.4%) is considered low.