Earnings Alerts

Capitaland Integrated Commercial Trust (CICT) Earnings: 1H Gross Revenue Surpasses Estimates at S$792.0 Million

  • Gross revenue for CapitaLand Integrated in the first half of 2024 reached S$792.0 million, surpassing estimates of S$772 million.
  • Net property income stood at S$582.4 million.
  • Income available for distribution was reported at S$366.5 million.
  • Analyst recommendations include 14 buys, 2 holds, and 0 sells.

A look at Capitaland Integrated Commercial Trust Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
Momentum4
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

Capitaland Integrated Commercial Trust, a retail estate investment trust operating in the Asia Pacific region, has received varying Smart Scores across different factors. With a solid score for dividends and momentum, the company shows promise in providing returns to investors over time. While the growth and value scores are slightly lower, indicating room for improvement in these areas, the overall outlook for Capitaland Integrated Commercial Trust appears positive, supported by its focus on retail and office properties as well as integrated developments.

Investors monitoring Capitaland Integrated Commercial Trust should take note of its resilience score, which indicates some vulnerability to market fluctuations. However, the company has demonstrated strong potential for dividend payouts and upward momentum in its business operations. With efforts towards enhancing growth and value aspects, Capitaland Integrated Commercial Trust could further strengthen its position in the market as a reliable investment option for those seeking stability and income generation over 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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