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Green Landscaping Group Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags – kechambers

Green Landscaping Group Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags

Green Landscaping Group (STO:GREEN) Third Quarter 2022 Results

Key financial results

  • Revenue: kr1.18b (up 54% from 3Q 2021).
  • Net income: kr48.0m (up 60% from 3Q 2021).
  • Profit margin: 4.1% (up from 3.9% in 3Q 2021). The increase in margin was driven by higher revenue.
  • EPS: kr0.89 (up from kr0.58 in 3Q 2021).

OM:GREEN Earnings and Revenue Growth November 19th 2022

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

Green Landscaping Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates by 6.8%.

Looking ahead, revenue is forecast to grow 11% pa on average during the next 3 years, compared to a 6.2% growth forecast for the Commercial Services industry in Sweden.

Performance of the Swedish Commercial Services industry.

The company’s shares are down 2.0% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we’ve spotted 1 warning sign for Green Landscaping Group you should be aware of.

Valuation is complex, but we’re helping make it simple.

Find out whether Green Landscaping Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

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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