- Evertz Technologies reported an earnings per share (EPS) of C$0.21 for the second quarter of 2024.
- This EPS figure exceeded analyst estimates of C$0.17, despite being lower than the previous year’s EPS of C$0.29.
- The company’s revenue for the quarter was C$125.3 million, a decrease of 4.2% compared to the previous year.
- Revenue surpassed expectations, which were estimated at C$120.3 million by analysts.
- Evertz Technologies‘ cash and cash equivalents increased by 10% year-over-year, reaching C$61.7 million.
- Analysts have given Evertz Technologies a positive outlook with 3 buy ratings, and no hold or sell ratings.
A look at Evertz Technologies Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| 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
Evertz Technologies Limited, a company specializing in designing, manufacturing, and marketing video and audio infrastructure equipment for the entertainment industry, receives positive ratings across various factors according to Smartkarma Smart Scores. This indicates a promising long-term outlook for the company. With respectable scores in Value, Dividend, Growth, Resilience, and Momentum, Evertz Technologies seems to be positioned well for sustained performance and growth in the future.
Considering the solid ratings in Dividend, Resilience, and Momentum, Evertz Technologies appears to offer decent returns to investors while demonstrating resilience and maintaining positive momentum in its operations. Although growth potential and value scores are not the highest, the overall positive Smart Scores point towards a company that is well-managed and has the ability to navigate challenges while potentially offering returns to shareholders.
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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