Yahoo Finance Reckitt Benckiser Group Full Year 2023 Earnings: Misses Expectations
Reckitt Benckiser Group (LON:RKT) Full Year 2023 Results
Key Financial Results
Revenue: UK£14.6b (up 1.1% from FY 2022).
Net income: UK£1.63b (down 30% from FY 2022).
Profit margin: 11% (down from 16% in FY 2022).
EPS: UK£2.28 (down from UK£3.27 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Reckitt Benckiser Group Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 31%.
Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Household Products industry in Europe.
Performance of the market in the United Kingdom.
The company's shares are down 5.3% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Reckitt Benckiser Group that you should be aware of.
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