CA$11.08 vs CA$22.50 FY 2021

Morguard (TSE:MRC) Full Year 2022 Results

Key Financial Results

  • Revenue: CA$1.14b (up 4% from FY2021).

  • CA$122.8m Net Income (down 51% over FY 2021).

  • Profit margin: 11% (down 25% from FY 2021).

  • CA$11.08 per person (down from CA$22.50 for FY2021).

earnings-and-revenue-history

earnings-and-revenue-history

All figures in the chart are for the trailing 12-month (TTM) period.

Morguard Earnings Analysis

Revenue is expected to increase 1.4% per annum in the future. On average, revenue will grow 1.4% per year over the next 2 years, as opposed to 6.2% growth for Canada’s Real Estate industry.

Performance of the Canadian Real Estate industry.

Shares of the company are down 5.7% compared to a week ago.

Risk Analysis

Before you move on to the next step, you need to be familiar with the 4 warning signs for Morguard (2) are quite alarming! That’s what we found.

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This article is by Simply Wall St. It is general in nature. Our commentary is based only on historical data and analyst projections. This analysis does not represent a recommendation to purchase or sell any stock and it does not consider your financial goals or financial situation. Our goal is to provide you with long-term, focused analysis based on fundamental data. Our analysis may not take into account the most recent price-sensitive company announcements and qualitative material. Simply Wall St holds no position in any of the stocks mentioned.

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