Centrica Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags
Centrica (LON:CNA) Full Year 2022 Results
Key Financial Results
Revenue: UK£23.7b (up 61% from FY 2021).
Net loss: UK£782.0m (down by 233% from UK£586.0m profit in FY 2021).
UK£0.13 loss per share (down from UK£0.10 profit in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Centrica Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 48%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to grow by 1.5%.
Performance of the market in the United Kingdom.
The company's shares are up 7.0% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Centrica's balance sheet and an in-depth analysis of the company's financial position.
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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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