Seven West Media First Half 2023 Earnings: In Line With Expectations

Simply Wall St
·1 min read

Seven West Media (ASX:SWM) First Half 2023 Results

Key Financial Results

  • Revenue: AU$814.6m (flat on 1H 2022).

  • Net income: AU$114.9m (down 4.6% from 1H 2022).

  • Profit margin: 14% (in line with 1H 2022).

  • EPS: AU$0.074 (down from AU$0.078 in 1H 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Seven West Media Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Media industry in Australia.

Performance of the Australian Media industry.

The company's shares are down 11% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Seven West Media has 4 warning signs (and 2 which are a bit unpleasant) 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.

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