Centuria Capital Group (ASX:CNI) Full Year 2023 Results

Key Financial Results

Revenue: AU$370.1m (up 24% from FY 2022). Net income: AU$32.3m (up 56% from FY 2022). Profit margin: 8.7% (up from 6.9% in FY 2022). The increase in margin was driven by higher revenue. EPS: AU$0.04 (up from AU$0.026 in FY 2022). earnings-and-revenue-growth

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

Centuria Capital Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 31%. Earnings per share (EPS) missed analyst estimates by 6.0%.

Looking ahead, revenue is expected to fall by 2.9% p.a. on average during the next 3 years compared to a 6.0% decline forecast for the REITs industry in Australia.

Performance of the Australian REITs industry.

The company's shares are down 8.6% from a week ago.

Risk Analysis

Be aware that  Centuria Capital Group is showing  1 warning sign in our investment analysis that you should know about...

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