Earnings Alerts

Escorts Kubota Limited (ESCORTS) Earnings: September Vehicle Sales Surge 14% Year-over-Year

  • Escorts Kubota reported vehicle sales of 12,380 units in September 2024.
  • This marks a 14% increase compared to September 2023, when 10,861 units were sold.
  • The overall sales growth is 2.5% year-over-year, a significant improvement from a decline of 11.2% the previous year.
  • Local sales in September 2024 were 11,985 units, an 18% increase from the same period last year.
  • However, exports saw a decline, with only 395 units sold, down 47% year-over-year.
  • Market analysts have varying opinions on the company’s performance, with 4 buy recommendations, 6 hold recommendations, and 11 sell recommendations.

A look at Escorts Kubota Limited Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience5
Momentum3
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

Escorts Kubota Limited, a prominent player in India’s engineering industry, is positioned for a positive long-term outlook based on the Smartkarma Smart Scores analysis. With a solid Resilience score of 5, the company demonstrates strong stability and adaptability in the face of various market conditions. This aspect suggests that the company is well-equipped to weather any potential challenges in the future, providing a sense of security for investors.

Furthermore, while the Value and Growth scores stand at 3 each, indicating moderate performance in these areas, the company’s Momentum score of 3 suggests a certain level of market interest and movement. Although the Dividend score is at 2, signaling room for improvement in this aspect, Escorts Kubota Limited‘s overall outlook appears optimistic considering its established presence in key sectors and a history of customer trust and innovation over several decades.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars