[Stock Update] Rakuten (TSE: 4755): Full Year 2022 Earnings Report
4755 | Rakuten Group
Feb 16
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind
Full year 2022 results:
JP¥235 loss per share (further deteriorated from JP¥87.62 loss in FY 2021).
Revenue: JP¥1.93t (up 15% from FY 2021).
Net loss: JP¥372.9b (loss widened 179% from FY 2021).
Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 30%.
Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Online Retail industry in Japan.
Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
[Stock Update] Rakuten (TSE: 4755): Full Year 2022 Earnings Report