LVMH's sales on record level according analysts' estimates

Tomorrow the French LVMH will report its past quarters results. Over the current book year the total revenue from the company in will be 85.63 billion euros (consensus estimates). The expected revenue would be a record for the company. This is slightly more than 2022's revenue of 79.18 billion euros.

Historical revenues and results LVMH plus estimates 2023

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LVMH
LVMH


The analysts expect for 2023 a net profit of 15.63 billion euros. The majority of the analysts expects for this year a profit per share of 31.24 euros. The PE-ratio therefore is 21.46.

Per share the analysts expect a dividend of 13.62 euros per share. Thus the dividend yield equals 2.03 percent. The average dividend yield of the personal goods companies is an attractive 2.95 percent.

Recent target prices around 743 euros

RBC Capital Markets, JP Morgan and Deutsche Bank recently provided recommendations for the stock.

Based on the current number of shares LVMH 's market capitalization equals 337.34 billion euros.

At 9.42 the stock trades 0.81 percent higher at 670.4 euros.

Historical stock prices LVMH

stock prices lvmh

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