Earnings Alerts

Bouygues SA (EN) Earnings Analysis: 1Q Current Operating Income Misses Estimates, Yet Confirms Outlook for 2024

  • Bouygues' current operating income was EU3 million, which fell short of the estimated EU13.1 million.
  • Bouygues Construction's current operating income came in at EU62 million, gaining 6.9% year-on-year and barely exceeded estimates of EU61.9 million.
  • Bouygues Immobilier suffered a current operating loss of EU26 million, staggeringly higher than the forecasted loss of EU8.76 million.
  • Colas' current operating loss was EU302 million, a slight decrease of 0.3% year-on-year, insignificantly more than the predicted loss of EU298.3 million.
  • TF1's current operating income was at EU37 million, a decline of 5.1% year-on-year.
  • Bouygues Telecom's current operating income read EU124 million, an improvement of 4.2% from the previous year, outperforming the anticipated figure of EU118.3 million.
  • Revenue reached a total of EU12.31 billion, representing a yearly growth of 2.6% and surpassing the estimate of EU12.2 billion.
  • Net loss was EU146 million, which was however, lesser by 9% year-on-year and matched forecasts.
  • Bouygues maintains its 2024 group outlook, despite current struggles.
  • Bouygues Immobilier continues adapting to the dynamic market conditions.

A look at Bouygues SA Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE4.0

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

Analysts are optimistic about the long-term potential of Bouygues SA, a company engaged in construction services, real estate development, cellular communications, television production, and utility management. Based on the Smartkarma Smart Scores, Bouygues SA received a solid overall outlook. The company scored well in areas such as Dividend and Value, indicating strong performance in these aspects. With positive scores in Growth and Momentum as well, Bouygues SA seems well-positioned for future opportunities in its diverse business segments.

Bouygues SA‘s resilience score, while slightly lower, still indicates a level of stability within the company’s operations. Overall, the combination of high scores in Dividend and Value, along with positive indicators in Growth and Momentum, paints a favorable picture for Bouygues SA‘s long-term performance and strategic positioning in the market.


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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