FMG News: Fortescue Metals Group First Half 2023 Earnings: EPS Misses Expectations - 17th Feb 2023, 7:10am

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Fortescue Metals Group (ASX:FMG) First Half 2023 Results

Key Financial Results

Revenue: US$7.84b (down 3.6% from 1H 2022). Net income: US$2.37b (down 15% from 1H 2022). Profit margin: 30% (down from 34% in 1H 2022). The decrease in margin was primarily driven by lower revenue. EPS: US$0.77 (down from US$0.90 in 1H 2022). earnings-and-revenue-growth

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

Fortescue Metals Group EPS Misses Expectations

Revenue was in li...

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