Richards Packaging Income Fund Third Quarter 2022 Results: EPS: CA$0.011 (vs. CA$0.35 in Q3 2021)

0

Richards Packaging Income Fund (TSE:RPI.UN) Third quarter 2022 results

Main financial results

  • Revenue: 109.0 million Canadian dollars (down 2.8% compared to the 3rd quarter of 2021).
  • Net profit: CA$11.7m (up 197% compared to 3Q 2021).
  • Profit margin: 11% (compared to 3.5% in the 3rd quarter of 2021).
  • EPS: C$0.011.
TSX:RPI.UN Earnings & Revenue History October 29, 2022

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

Richards Packaging Income Fund Earnings Overview

Looking ahead, revenues are expected to decrease by an average of 1.2% per year over the next 2 years, while packaging industry revenues in Canada are expected to increase by 4.1%.

Performance of the Canadian packaging industry.

The company’s stock price is broadly unchanged from a week ago.

Risk analysis

Before concluding, we discovered 4 warning signs for Richards Packaging Income Fund which you should be aware of.

Valuation is complex, but we help make it simple.

Find out if Richards Packaging Income Fund is potentially overvalued or undervalued by viewing our full analysis, which includes fair value estimates, risks and warnings, dividends, insider trading and financial health.

See the free analysis

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

Share.

Comments are closed.