- The net income of Endesa in 1Q was EU292 million, marking a decrease of 51% year over year (y/y). This falls short of the estimated EU320.3 million.
- Earnings before interest, taxes, depreciation, and amortization (Ebitda) was EU1.08 billion, a reduction of 26% y/y. This is slightly below the estimated EU1.1 billion.
- The pretax profit stood at EU447 million, depicting a 49% dip y/y.
- Revenue for the firm was EU5.55 billion, showing a 26% drop y/y.
- Ordinary net income recorded was EU292 million, marking a 51% downfall y/y. This too missed the estimate of EU320.3 million.
- Earnings before interest and taxes (Ebit) was EU573 million, representing a decrease of 42% y/y, which is below the estimate EU594.5 million.
- Despite these results, Endesa remains confident in achieving its FY24 guidance.
- The company mentioned that the dip in net ordinary income was due to an extraordinary revenue tax.
- The company has received 13 buy ratings, 11 hold ratings, and 1 sell rating from market analysts.
A look at Endesa SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| 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
Endesa S.A., a prominent player in the energy sector operating in Spain, Portugal, and North Africa, showcases a solid long-term outlook as per Smartkarma Smart Scores. With a top-notch Dividend score of 5, the company is committed to providing attractive returns to its investors. Moreover, its respectable Growth score of 3 indicates potential for expansion and development in the future. Despite facing some challenges in resilience, as evidenced by a score of 2, Endesa S.A. maintains a decent Momentum score of 3, showcasing steady progress and sustainability.
In summary, Endesa S.A. stands out for its significant presence in electricity generation, transmission, distribution, and commercialization, as well as its involvement in the natural gas market. The company’s impressive Dividend score, coupled with its promising Growth outlook, positions it well for long-term success and value creation for its stakeholders.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
