- Generali’s operating profit for the fourth quarter surpassed estimates, reaching EU1.78 billion against the estimated EU1.71 billion.
- The life segment of Generali’s operating profit also beat estimates, coming in at EU948 million, higher than the estimated EU932.6 million.
- Generali’s property and casualty operating profit was EU748 million, again beating the estimate of EU710 million.
- The asset management operating profit for Generali was EU273 million.
- However, the holding and other activities of Generali reported an operating loss of EU104 million.
- Generali’s net income was EU925 million, significantly higher than the estimated EU733.5 million.
- The adjusted net income for Generali was EU595 million.
- Generali’s stock status currently stands at 8 buys, 13 holds, and 5 sells.
A look at Assicurazioni Generali Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.4 |
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
According to the Smartkarma Smart Scores, Assicurazioni Generali has a positive long-term outlook. The company received a score of 4 for Value, indicating that it is undervalued and has strong potential for growth. It also received a score of 5 for Dividend, meaning that it has a strong track record of paying dividends to its shareholders.
In addition, Assicurazioni Generali scored a 4 for both Growth and Resilience, indicating that it has a solid plan for future growth and is well-equipped to handle potential risks. This is further supported by its score of 5 for Momentum, suggesting that the company is currently performing well and has positive momentum.
Overall, Assicurazioni Generali is a global insurance and reinsurance company that offers a wide range of services including life, health, and general liability insurance. With a strong focus on value, dividends, growth, resilience, and momentum, the company is well-positioned for long-term success in the insurance industry.
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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