Frasers Logistics & Commercial Trust Full Year 2022 Earnings: EPS Beats Expectations
Frasers Logistics & Commercial Trust (SGX:BUOU) Full Year 2022 Results
Key Financial Results
Revenue: S$450.2m (down 4.1% from FY 2021).
Net income: S$728.6m (flat on FY 2021).
EPS: S$0.20 (down from S$0.21 in FY 2021).
BUOU Net Asset Value
Net asset value (NAV) per share: S$1.30 (up 4.8% from FY 2021).
The current share price is 12% lower than NAV per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Frasers Logistics & Commercial Trust EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 183%.
Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the REITs industry in Singapore.
Performance of the Singaporean REITs industry.
The company's shares are down 1.7% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Frasers Logistics & Commercial Trust (1 is concerning!) that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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