Stock Analysis
NRC Group (OB:NRC) Full Year 2023 Results
Key Financial Results
- Revenue: kr6.73b (down 4.2% from FY 2022).
- Net income: kr38.0m (up from kr363.0m loss in FY 2022).
- Profit margin: 0.6% (up from net loss in FY 2022).
- EPS: kr0.52 (up from kr4.98 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
NRC Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 45%.
Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Construction industry in Norway.
Performance of the Norwegian Construction industry.
The company's shares are up 4.4% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for NRC Group that you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether NRC Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About OB:NRC
NRC Group
NRC Group ASA, together with its subsidiaries, operates as a rail infrastructure company in Norway, Sweden, and Finland.
Excellent balance sheet and fair value.