TP ICAP Group (LON:TCAP) Full Year 2023 Results
Key Financial Results
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Revenue: UK£2.13b (up 3.4% from FY 2022).
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Net income: UK£74.0m (down 28% from FY 2022).
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Profit margin: 3.5% (down from 5.0% in FY 2022).
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EPS: UK£0.095 (down from UK£0.13 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
TP ICAP Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 42%.
Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Capital Markets industry in the United Kingdom.
Performance of the British Capital Markets industry.
The company’s shares are down 7.3% from a week ago.
Risk Analysis
Don’t forget that there may still be risks. For instance, we’ve identified 3 warning signs for TP ICAP Group that you should be aware of.
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