- Eastern Co. reported a significant increase in net income for the first quarter, reaching 1.83 billion pounds, compared to 1.12 billion pounds in the same period last year.
- The company’s net income saw an impressive year-over-year growth of 62%.
- Revenue also surged, totaling 8.13 billion pounds, up from 3.10 billion pounds year-over-year.
- Local sales volumes showed substantial growth, increasing by 70% compared to the previous year.
- Analysts show positive sentiment with four buy recommendations, one hold, and no sell recommendations.
A look at Eastern Tobacco Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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
Eastern Tobacco, a prominent player in the tobacco industry, seems to have a promising long-term outlook based on Smartkarma’s Smart Scores. With a high score in Dividend, Growth, Resilience, and Momentum, the company appears to be in a strong position for future success. Its robust Dividend score signifies a solid track record of distributing profits to shareholders, while high scores in Growth and Momentum reflect its potential for expanding and maintaining positive market performance. Additionally, the top Resilience score suggests that Eastern Tobacco is well-equipped to weather economic uncertainties and market fluctuations.
Specializing in the production of various tobacco products including cigarettes, cigars, and pipe tobacco, Eastern Tobacco is a versatile company that also manufactures ancillary items like filter rods and printed materials. The collective high scores on critical factors such as Dividend, Growth, Resilience, and Momentum indicate a comprehensive approach to business sustainability and growth, positioning Eastern Tobacco as a compelling investment opportunity for 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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