Magellan Aerospace (TSE:MAL) Third Quarter 2022 Results
Key Financial Results
Revenue: CA$191.1m (up 15% from 3Q 2021).
Net income: CA$563.0k (up 23% from 3Q 2021).
Profit margin: 0.3% (in line with 3Q 2021).
EPS: CA$0.01 (up from CA$0.008 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Magellan Aerospace Earnings Insights
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Canada.
The company's shares are down 9.2% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Magellan Aerospace's balance sheet and an in-depth analysis of the company's financial position.
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