Earnings Alerts

Accton Technology (2345) Surpass Earnings Estimates with Stellar 1Q Net Income

  • Accton Tech’s net income for the first quarter reached NT$2.24 billion, surpassing the estimated NT$1.92 billion.
  • The company reported an operating profit of NT$1.92 billion.
  • Earnings per share (EPS) also exceeded estimates, coming in at NT$4.02 as opposed to the expected NT$3.44.
  • Accton Tech’s revenue for the period totalled NT$18.85 billion, exceeding the estimated NT$18.11 billion.
  • Currently, 11 buy ratings are reported for Accton Tech, with 2 holds and no sells.

A look at Accton Technology Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
Momentum2
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Accton Technology Corporation, a company known for its research, development, and manufacturing of computer network system products, has received varying Smart Scores across different factors. While the Value and Dividend scores are moderate at 2, indicating room for improvement in these areas, the company shines in terms of Growth and Resilience with scores of 4 and 5, respectively. This suggests a promising long-term outlook, especially considering the strong Resilience score, which indicates the company’s ability to weather challenges and adapt to changing market conditions. However, the Momentum score of 2 signals a potential area for enhancement in terms of market momentum and investor sentiment.

In summary, Accton Technology shows strength in Growth and Resilience according to the Smart Scores assessment. With a focus on developing and marketing computer network system products, the company’s ability to innovate and maintain stability in the face of uncertainties positions it well for future success. While there is room for improvement in areas like Value, Dividend, and Momentum, the overall outlook appears positive, underpinned by strong performance in Growth and Resilience.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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