- CD Projekt‘s net income for the third quarter is 78.1 million zloty, which is a 62% decrease compared to the previous year but exceeds the estimate of 64.9 million zloty.
- Sales in the third quarter amounted to 227.6 million zloty, marking a 49% decline year-over-year, but surpassed the anticipated 201.9 million zloty.
- Earnings before interest and taxes (EBIT) came in at 80.6 million zloty, down 57% from last year, yet above the estimated 54.5 million zloty.
- The gross profit reached 164.0 million zloty in the third quarter, a 45% reduction from the previous year, but it exceeded the forecast of 140.1 million zloty.
- For the first nine months, CD Projekt‘s net income stands at 248.2 million zloty, reflecting a 14% decrease year-over-year.
- Market analysts have mixed recommendations for CD Projekt, with 5 buy ratings, 5 hold ratings, and 15 sell ratings.
A look at CD Projekt Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
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
CD Projekt, a Polish company focused on video game development and digital distribution, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a strong Momentum score of 5, the company is indicating an upward trend that investors may find attractive. Additionally, its Resilience score of 4 suggests a sturdy foundation that can weather market fluctuations, adding to its appeal.
While CD Projekt‘s Value and Dividend scores are in the mid-range, its Growth score of 3 indicates potential for expansion and future earnings. This blend of factors positions CD Projekt favorably for sustainable growth and stability in the competitive video game industry. Overall, CD Projekt‘s Smart Scores point towards a company with solid prospects for long-term success.
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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