Yahoo Finance UGE International Full Year 2023 Earnings: Misses Expectations
UGE International (CVE:UGE) Full Year 2023 Results
Key Financial Results
Net loss: US$14.1m (loss widened by 89% from FY 2022).
US$0.42 loss per share (further deteriorated from US$0.23 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
UGE International Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 10%.
Looking ahead, revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Construction industry in Canada.
Performance of the Canadian Construction industry.
The company's shares are down 33% from a week ago.
Risk Analysis
You still need to take note of risks, for example - UGE International has 6 warning signs (and 2 which are potentially serious) we think you should know about.
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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.
