Laptop Modelling Group Third Quarter 2023 Earnings: Beats Expectations

Laptop Modelling Group (TSE:CMG) Third Quarter 2023 Outcomes

Key Monetary Outcomes

  • Income: CA$19.4m (up 14% from 3Q 2022).
  • Web earnings: CA$6.35m (up 14% from 3Q 2022).
  • Revenue margin: 33% (in step with 3Q 2022).
  • EPS: CA$0.079 (up from CA$0.069 in 3Q 2022).

Laptop Modelling Group Third Quarter 2023 Earnings: Beats Expectations
TSX:CMG Earnings and Income Progress February tenth 2023

All figures proven within the chart above are for the trailing 12 month (TTM) interval

Laptop Modelling Group Revenues and Earnings Beat Expectations

Income exceeded analyst estimates by 6.3%. Earnings per share (EPS) additionally surpassed analyst estimates by 14%.

Trying forward, income is forecast to develop 7.2% p.a. on common in the course of the subsequent 2 years, in comparison with a 6.3% progress forecast for the Vitality Companies trade in Canada.

Efficiency of the Canadian Vitality Companies trade.

The corporate’s shares are up 7.1% from every week in the past.

Threat Evaluation

Bear in mind that Laptop Modelling Group is exhibiting 2 warning indicators in our funding evaluation that you need to find out about…

Valuation is advanced, however we’re serving to make it easy.

Discover out whether or not Laptop Modelling Group is doubtlessly over or undervalued by trying out our complete evaluation, which incorporates honest worth estimates, dangers and warnings, dividends, insider transactions and monetary well being.

View the Free Evaluation

This text by Merely Wall St is basic in nature. We offer commentary based mostly on historic knowledge and analyst forecasts solely utilizing an unbiased methodology and our articles usually are not supposed to be monetary recommendation. It doesn’t represent a advice to purchase or promote any inventory, and doesn’t take account of your targets, or your monetary state of affairs. We goal to convey you long-term targeted evaluation pushed by basic knowledge. Be aware that our evaluation might not issue within the newest price-sensitive firm bulletins or qualitative materials. Merely Wall St has no place in any shares talked about.