Earnings Alerts

Bim Birlesik Magazalar As (BIMAS) Earnings Surge 13% in 2Q, Net Income Hits 4.52B Liras

By September 27, 2024 No Comments
  • BIM’s net income for Q2 2024: 4.52 billion liras.
  • Net income increased by 13% year-over-year (YoY) compared to 3.99 billion liras.
  • Sales for Q2 2024: 109.25 billion liras.
  • Sales grew by 7.6% YoY.
  • First half 2024 net income: 8.73 billion liras.
  • Analyst recommendations: 19 buys, 2 holds, 0 sells.

A look at Bim Birlesik Magazalar As Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.4

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

Analysts using Smartkarma Smart Scores have assessed BIM Birlesik Magazalar As, a company operating discount stores in Turkey, with a range of scores indicating its long-term outlook. With a high score in Momentum and Growth, BIM is poised for strong performance in the future. Its momentum suggests that the company is gaining traction and seeing positive market trends, while its growth potential indicates promising expansion prospects. These factors bode well for BIM’s overall outlook in the coming years.

BIM Birlesik Magazalar As also demonstrates resilience and stability, as indicated by its scores in Value and Dividend. While not the highest, these scores show that the company offers good value and dividend potential, adding to its attractiveness for investors looking for consistent returns. With a well-rounded mix of scores across different factors, BIM appears to be positioned for steady growth and performance in the long term.


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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