Yahoo Finance Hammond Power Solutions Full Year 2023 Earnings: EPS Beats Expectations
Hammond Power Solutions (TSE:HPS.A) Full Year 2023 Results
Key Financial Results
Revenue: CA$710.1m (up 27% from FY 2022).
Net income: CA$63.4m (up 41% from FY 2022).
Profit margin: 8.9% (up from 8.0% in FY 2022). The increase in margin was driven by higher revenue.
EPS: CA$5.33 (up from CA$3.79 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hammond Power Solutions EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.7%.
Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in Canada.
Performance of the Canadian Electrical industry.
The company's shares are up 21% from a week ago.
Risk Analysis
Be aware that Hammond Power Solutions is showing 1 warning sign in our investment analysis that you should know about...
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