Stock Analysis
Powszechny Zaklad Ubezpieczen Third Quarter 2023 Earnings: EPS: zł1.69 (vs zł0.84 in 3Q 2022)
Powszechny Zaklad Ubezpieczen (WSE:PZU) Third Quarter 2023 Results
Key Financial Results
- Revenue: zł14.7b (up 45% from 3Q 2022).
- Net income: zł1.46b (up 101% from 3Q 2022).
- Profit margin: 9.9% (up from 7.1% in 3Q 2022). The increase in margin was driven by higher revenue.
- EPS: zł1.69 (up from zł0.84 in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Powszechny Zaklad Ubezpieczen Earnings Insights
Looking ahead, revenue is expected to decline by 9.4% p.a. on average during the next 4 years, while revenues in the Insurance industry in Europe are expected to grow by 5.9%.
Performance of the market in Poland.
The company's shares are down 8.4% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Powszechny Zaklad Ubezpieczen.
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About WSE:PZU
Powszechny Zaklad Ubezpieczen
POWSZECHNY Zaklad Ubezpieczen SA provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.