- Adjusted Net Income: €1.75 billion, an increase of 5.5% year-over-year, beating the estimate of €1.68 billion.
- Revenue: €13.29 billion, up 3.4% year-over-year, slightly below the estimate of €13.32 billion.
- Adjusted Operating Profit: €2.43 billion, rising 3.6% year-over-year, matching the estimate.
- Adjusted Operating Margin: 18.8%, exceeding the estimate of 18.3%.
- Free Cash Flow: €971 million, up 1.8% year-over-year.
- Second Quarter Revenue (constant currency): Increased by 5.2%, just missing the estimate of 5.63%.
- Second Quarter Revenue (in euros): €6.96 billion, a 3.8% increase year-over-year, slightly below the estimate of €6.97 billion.
- North America Revenue: €3.10 billion, up 2.3% year-over-year, falling short of the estimate of €3.12 billion.
- EMEA Revenue: €2.65 billion, a 5% increase year-over-year, just under the estimate of €2.66 billion.
- Latin America Revenue: €387 million, up 2.4% year-over-year, missing the estimate of €398.6 million.
- Asia Pacific Revenue: €821 million, growing 6.8% year-over-year, surpassing the estimate of €801 million.
- Direct-to-Consumer Revenue: €3.62 billion, up 3.7% year-over-year, just short of the estimate of €3.64 billion.
- Professional Solutions Revenue: €3.33 billion, increasing by 3.9% year-over-year, slightly ahead of the estimate of €3.32 billion.
- Company Guidance: Confirmed guidance for the future.
A look at EssilorLuxottica Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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
Based on the Smartkarma Smart Scores, EssilorLuxottica has a positive long-term outlook. With strong ratings in Growth, Resilience, and Momentum, the company is well-positioned for future success. The company’s emphasis on innovation and adapting to changing market trends bodes well for its continued growth. Additionally, its ability to withstand economic challenges and maintain positive momentum further solidifies its position in the market.
EssilorLuxottica‘s balanced ratings across Value and Dividend indicate a stable financial footing and a potential for future returns for investors. The company’s focus on providing quality eyewear products globally positions it as a key player in the industry. Overall, EssilorLuxottica‘s Smartkarma Smart Scores suggest a promising trajectory for the company’s performance and growth in 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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