Earnings Alerts

ACS Earnings Surge: Actividades de Construcción y Servicios (ACS) 1Q Net Income Exceeds Estimates with Promising Fy24 Projections

• ACS reports a net income of EU177 million, exceeding estimates. This is an 8.6% increase from last year.

• The company’s sales have reached EU8.71 billion, surpassing the estimate of EU8.48 billion.

• The Ebitda for the first quarter came in at EU461 million, slightly less than the estimated EU471.3 million.

• ACS currently has a net debt of EU1.63 billion.

• ACS anticipates ordinary net income to grow by 8%-12% in FY24.

• The current rating for ACS includes 7 buys, 10 holds, and 5 sells.


A look at ACS, Actividades de Construcción y Servicios Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.4

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

ACS, Actividades de Construcción y Servicios, is an engineering and contracting company known for developing civil and industrial infrastructures. With a balanced overall outlook based on Smartkarma’s Smart Scores, the company shows strength in areas such as dividend and resilience, scoring high marks. Its focus on delivering value and maintaining growth also positions it well in the market. While not leading in momentum, ACS maintains a stable trajectory for long-term success.

ACS, Actividades de Construcción y Servicios, excels in providing civil works construction, greenfield concession development, industrial services in electricity, oil, and gas, as well as environmental services like waste treatment and facility management. With solid scores across key factors, ACS demonstrates a reliable performance that investors can look to for consistent returns and potential growth in the future.


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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