Earnings Alerts

Alten SA (ATE) Earnings: 1H Operating Profit Misses Estimates Despite Strong Free Cash Flow

By September 19, 2024 No Comments
  • Operating Profit: Alten’s operating profit for the first half of the year was €159.8 million.
  • Estimates: This figure fell short of the estimated €168.1 million, which was predicted by two analysts.
  • Operating Margin: The company’s operating margin stood at 7.6%.
  • Free Cash Flow: Alten generated a free cash flow of €98.0 million during this period.
  • Analyst Recommendations: Out of the analysts covering the stock, 11 recommended buying, 1 recommended holding, and none recommended selling.

A look at Alten SA Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience4
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

Alten SA, a company specializing in consulting and engineering services across various sectors such as telecommunications, computer systems, and defense, shows a positive long-term outlook based on its Smartkarma Smart Scores. With a strong Growth score of 4 and Resilience score of 4, Alten SA is positioned well for future expansion and able to withstand market challenges. This indicates promising prospects for the company’s development and ability to navigate through uncertainties.

Despite moderate scores in Value and Momentum, Alten SA‘s overall outlook is boosted by its solid scores in Growth and Resilience. While the Dividend and Momentum scores may be areas for potential improvement, the company’s strengths in growth potential and resilience bode well for its long-term performance and sustainability in the market.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Analytics and News
  • ✓ Events & Webinars