Exxaro Resources (JSE:EXX) Full Year 2022 Results
Key Financial Results
- Revenue: R46.4b (up 42% from FY 2021).
- Net income: R13.8b (up 23% from FY 2021).
- Profit margin: 30% (down from 34% in FY 2021). The decrease in margin was driven by higher expenses.
- EPS: R57.13 (up from R45.35 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Exxaro Resources Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 6.6%.
Looking ahead, revenue is expected to fall by 8.3% p.a. on average during the next 3 years compared to a 4.6% decline forecast for the Oil and Gas industry in Africa.
Performance of the market in South Africa.
The company's shares are down 2.4% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Exxaro Resources (1 doesn't sit too well with us!) that you need to be mindful of.
Valuation is complex, but we're here to simplify it.
Discover if Exxaro Resources might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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