Consumer Durables News

Embellence Group Third Quarter 2022 Earnings: EPS Beats Expectations, Revenues Lag

Embellence Group (STO:EMBELL) Third Quarter 2022 Results

Key Financial Results

  • Revenue: kr169.0m (up 25% from 3Q 2021).
  • Net income: kr20.7m (up 70% from 3Q 2021).
  • Profit margin: 12% (up from 9.0% in 3Q 2021).
    • The increase in margin was driven by higher revenue.
  • EPS: kr0.92 (up from kr0.57 in 3Q 2021).
OM:EMBELL Earnings and Revenue Growth October 27th 2022

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

Embellence Group EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) exceeded analyst estimates by 197%.

Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Sweden are expected to remain flat.

Performance of the Swedish Consumer Durables industry.

The company’s shares are up 5.9% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Embellence Group that you need to take into consideration.

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

Find out whether Embellence 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.

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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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