Stock Analysis
- Norway
- /
- Renewable Energy
- /
- OB:MPCES
MPC Energy Solutions Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
MPC Energy Solutions (OB:MPCES) Full Year 2023 Results
Key Financial Results
- Net loss: US$8.49m (loss widened by 51% from FY 2022).
- US$0.38 loss per share (further deteriorated from US$0.25 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
MPC Energy Solutions Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 27%.
Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Renewable Energy industry in Norway.
Performance of the Norwegian Renewable Energy industry.
The company's shares are up 2.8% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with MPC Energy Solutions, and understanding this should be part of your investment process.
Valuation is complex, but we're helping make it simple.
Find out whether MPC Energy Solutions 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:MPCES
MPC Energy Solutions
MPC Energy Solutions N.V., an independent power producer, develops, builds, and operates renewable energy assets in Latin America and the Caribbean.
High growth potential and good value.