Earnings Alerts

CP ALL PCL (CPALL) Earnings: 2Q Net Income Surpasses Estimates with 6.24 Billion Baht

  • Net Income: CP All reported a net income of 6.24 billion baht for the second quarter of 2024, surpassing the estimate of 5.85 billion baht.
  • Earnings Per Share (EPS): The company’s EPS stood at 0.68 baht, higher than the anticipated 0.65 baht.
  • Analyst Ratings: Out of the reviewers, 30 analysts recommend buying, 1 suggests holding, and none advise selling.

A look at CP ALL PCL Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.0

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

The long-term outlook for CP ALL PCL is showing promising signs based on the Smartkarma Smart Scores. With an impressive Momentum score of 5, the company is indicating strong growth potential and positive market sentiment. Additionally, a Growth score of 4 suggests that CP ALL PCL is positioned well for expansion and development in the future. Despite having relatively lower scores in Value, Dividend, and Resilience, the overall outlook for CP ALL PCL appears to be favorable, especially with its high scores in Growth and Momentum.

CP ALL PCL, operating convenience store chains in Thailand and China along with a department store chain in key cities in China, seems poised for continued growth and market success. The combination of a solid Growth score and excellent Momentum score indicates a positive trajectory for the company’s future performance. Although there are areas for improvement in Value, Dividend, and Resilience scores, CP ALL PCL‘s overall outlook remains promising based on its strengths in growth potential and market momentum.


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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