Stock Analysis

Aperam Third Quarter 2022 Earnings: EPS Beats Expectations, Revenues Lag

  •  Updated
ENXTAM:APAM
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Aperam (AMS:APAM) Third Quarter 2022 Results

Key Financial Results
  • Revenue: €1.82b (up 45% from 3Q 2021).
  • Net income: €121.0m (down 40% from 3Q 2021).
  • Profit margin: 6.7% (down from 16% in 3Q 2021). The decrease in margin was driven by higher expenses.
  • EPS: €1.62 (down from €2.52 in 3Q 2021).
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ENXTAM:APAM Earnings and Revenue Growth November 12th 2022

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

Aperam EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 14%.

Looking ahead, revenue is expected to fall by 7.9% p.a. on average during the next 3 years compared to a 3.2% decline forecast for the Metals and Mining industry in Europe.

Performance of the market in the Netherlands.

The company's shares are up 6.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Aperam (1 is potentially serious!) that we have uncovered.

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