REH News: Reece First Half 2023 Earnings: EPS Misses Expectations - 24th Feb 2023, 7:28am

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Reece (ASX:REH) First Half 2023 Results

Key Financial Results

Revenue: AU$4.44b (up 23% from 1H 2022). Net income: AU$185.9m (up 18% from 1H 2022). Profit margin: 4.2% (down from 4.4% in 1H 2022). The decrease in margin was driven by higher expenses. EPS: AU$0.29 (up from AU$0.24 in 1H 2022). earnings-and-revenue-growth

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

Reece EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share ...

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