- Atlas Copco’s overall operating profit for Q3 was SEK 9.34 billion, falling short of the estimated SEK 9.79 billion.
- The Compressor Technique segment reported an operating profit of SEK 4.97 billion, missing the forecast of SEK 5.11 billion.
- The Vacuum Technique segment had an operating profit of SEK 2.01 billion, below the expected SEK 2.15 billion.
- The Industrial Technique segment recorded an operating profit of SEK 1.36 billion, compared to the estimate of SEK 1.53 billion.
- The Power Technique segment’s operating profit was SEK 1.27 billion, under the projected SEK 1.41 billion.
- Organic revenue decreased by 1%.
- Total revenue for the quarter was SEK 43.11 billion, slightly under the estimate of SEK 44.72 billion.
- Analyst recommendations include 13 buy ratings, 10 hold ratings, and 5 sell ratings.
A look at Atlas Copco Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
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, shows a promising long-term outlook based on its Smart Scores. With a growth score of 4, the company is expected to continue expanding and developing. This indicates potential for increased market share and profitability. Furthermore, a resilience score of 3 suggests that Atlas Copco is well-positioned to withstand economic challenges and uncertainties, adding to its attractiveness for long-term investment.
Despite moderate scores in value and dividend factors, with scores of 2 each, Atlas Copco’s momentum score of 3 highlights a positive trend in the company’s performance. This indicates ongoing market interest and potential for future gains. Overall, based on the Smart Scores, Atlas Copco presents itself as a growth-oriented company with resilience, setting a favorable tone for its long-term prospects in the industrial sector.
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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