Yahoo Finance AGF Management First Quarter 2023 Earnings: EPS: CA$0.27 (vs CA$0.18 in 1Q 2022)
AGF Management (TSE:AGF.B) First Quarter 2023 Results
Key Financial Results
Revenue: CA$113.9m (down 8.8% from 1Q 2022).
Net income: CA$17.6m (up 37% from 1Q 2022).
Profit margin: 15% (up from 10% in 1Q 2022). The increase in margin was driven by lower expenses.
EPS: CA$0.27 (up from CA$0.18 in 1Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
AGF Management Earnings Insights
Looking ahead, revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 1.2% decline forecast for the Capital Markets industry in Canada.
Performance of the Canadian Capital Markets industry.
The company's shares are down 14% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for AGF Management you should know about.
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