Yahoo Finance P10 Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags
P10 (NYSE:PX) Third Quarter 2022 Results
Key Financial Results
Revenue: US$50.0m (up 31% from 3Q 2021).
Net income: US$5.62m (up 82% from 3Q 2021).
Profit margin: 11% (up from 8.1% in 3Q 2021).
EPS: US$0.048.
All figures shown in the chart above are for the trailing 12 month (TTM) period
P10 Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) missed analyst estimates by 50%.
Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Capital Markets industry in the US.
Performance of the American Capital Markets industry.
The company's shares are up 2.0% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for P10 that you need to be mindful of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
