Article taken from: finance.yahoo.com
Examining Ricardo plc’s past track record of performance is an insightful exercise for investors. It allows us to reflect on whether or not the company has met or exceed expectations, which is a great indicator for future performance. Today I will assess RCDO’s latest performance announced on 31 December 2018 and compare these figures to its longer term trend and industry movements. RCDO’s trailing twelve-month earnings of UK£19m has declined by -20% compared to the previous year.
This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at .
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