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Burford Capital Limited  (BUR)
 

A Blowout effort, by the Miscellaneous Financial Services company all along the October to December 31 2022 period

Burford Capital Limited reported fourth quarter of 2022 operating profit of $194.955 million


Published May 17 2023
CSIMarket Team / CSIMarket.com


Edison_Stock_Telegraph_Ticker_By_H._Zimmer_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons In the wake of bewildering Revenue advance of 109.8 % year on year to $319.23 million in the fourth quarter of 2022 financial report, company's earnings turned positive at $0.14.

from the previous financial reporting period from $0.00 per share and from $0.00 million.


The company saw bottom-line of $97.459 million in the October to December 31 2022 period an improvement versus a net shortfall of $-56.428 million in the corresponding financial reporting period a year ago. Burford Capital Limited also emphasized it's improving profit margins, where net margin rose to 30.53% in October to December 31 2022 period, and operating margin edged up to 61.07%.
Operating earnings, however, rose 2977.43% to $194.955 million. Burford Capital Limited announced earnings of $97.46 million and revenue of $319.23 million for the fiscal year 2022.

The company recorded earnings per share of $0.14 compare to $-0.33 in the previous fiscal year, while Revenue doubled by 109.8 % from $152.16 million a year prior.

Burford Capital Limited is expected to report next financial earnings on May 15, 2024.



Burford Capital Limited's Net Income Growth

Burford Capital Limited's Asset Turnover



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