Earnings Alerts

Atrium Ljungberg AB (ATRLJB) Earnings: 3Q Rental Income Surpasses Estimates Despite Net Loss

By October 11, 2024 No Comments
  • Atrium Ljungberg reported rental income of SEK 741 million, exceeding the estimated SEK 727.4 million.
  • The company reported a net loss of SEK 48 million in the third quarter.
  • Net sales were reported at SEK 855 million, surpassing the estimated SEK 815.2 million.
  • The net lease revenue stood at SEK 51 million.
  • The portfolio value at the end of the period was SEK 57.58 billion.
  • Income from property management totaled SEK 365 million.
  • The loan to value ratio was reported at 40.1%, which is lower than the estimated 42.2%.
  • There was an unrealized change in the value of investment properties, amounting to a positive SEK 75 million.
  • The investment analyst consensus includes 1 buy rating, 5 hold ratings, and 3 sell ratings.

A look at Atrium Ljungberg AB Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth2
Resilience2
Momentum5
OVERALL SMART SCORE3.2

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

When looking at the long-term outlook for Atrium Ljungberg AB, the company seems to be in a favorable position. With a high score of 5 in Momentum, it indicates strong positive market sentiment and potentially good growth prospects. This suggests that the company is currently on an upward trajectory and investors are optimistic about its future performance.

Additionally, Atrium Ljungberg AB scored well in Value with a score of 4, showcasing that it may be considered undervalued compared to its intrinsic worth. While Growth, Resilience, and Dividend scores are not as high, with 2s and 3s, it suggests that there is room for improvement in these areas. Overall, based on the Smartkarma Smart Scores, Atrium Ljungberg AB appears to be a company with strong momentum and potential for further value appreciation.


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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