- Operating Profit Missed Estimates: Atlas Copco’s operating profit for Q2 was SEK9.47 billion, below the estimated SEK9.93 billion.
- Compressor Technique Outperformed: Operating profit came in at SEK4.99 billion, surpassing the estimate of SEK4.9 billion.
- Vacuum Technique Underperformed: Operating profit was SEK2.03 billion, lower than the estimated SEK2.33 billion.
- Industrial Technique Fell Short: Operating profit reached SEK1.56 billion, missing the estimate of SEK1.68 billion.
- Power Technique Met Expectations: Achieved an operating profit of SEK1.41 billion, matching the estimates.
- Total Revenue Slightly Below Forecast: Revenue amounted to SEK44.80 billion, narrowly missing the estimate of SEK45.12 billion.
- Compressor Technique Revenue Beat Estimates: Revenue was SEK20.14 billion, above the estimated SEK19.82 billion.
- Industrial Technique Revenue Lower: Generated revenue of SEK7.47 billion, slightly under the estimate of SEK7.63 billion.
- Power Technique Revenue Higher: Revenue of SEK7.39 billion, above the estimated SEK7.29 billion.
- Analyst Ratings: 11 buy, 12 hold, 5 sell.
A look at Atlas Copco Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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
Atlas Copco, an international industrial group, is poised for a promising long-term future based on its Smartkarma Smart Scores. With a strong score of 4 for Growth and Momentum, the company demonstrates solid potential for expansion and market performance. Additionally, its Resilience score of 3 indicates a stable foundation to withstand economic challenges. Although the company’s Value and Dividend scores are more moderate at 2, the overall outlook for Atlas Copco appears positive with a focus on growth and momentum in its operations.
Atlas Copco AB, a global industrial conglomerate, has a diversified portfolio that includes compressed air equipment, mining tools, generators, and various assembly systems. The company’s Smartkarma Smart Scores highlight its strengths in growth and momentum, positioning it well for future success. While there may be room for improvement in areas such as value and dividends, Atlas Copco’s resilience and focus on innovation are key factors that contribute to its overall positive outlook in the long run.
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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