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Empiric gets 'A*' on results day

The student accommodation landlord posted positive results on the same day A-Level students got theirs
August 17, 2023
  • Gross margin at 72 per cent
  • Government talks tougher on student immigration

Investors marked Empiric Student Property's (ESP) shares up 5 per cent on the morning of its results after it beat analysts' predicted upgrades. The student accommodation landlord's EPRA earnings per share soared 18.5 per cent in the six months to 30 June, outdoing analyst Stifel's already bullish prediction of 16 per cent growth and highlighting the continued need for student digs.

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