Earnings Alerts

EVO Earnings Fall Short: EBITDA and Revenue Miss Estimates in 2Q Report

  • Ebitda: Reported at €345.8 million, missing the estimate of €358.8 million.
  • Ebitda Margin: Achieved 68%, below the estimated 69.3%.
  • Pretax Profit: Recorded at €317.9 million, under the estimate of €325.1 million.
  • Profit After Tax: Came in at €269.1 million, short of the €275.1 million estimate.
  • Operating Profit: Reported at €311.1 million, missing the estimate of €324.7 million.
  • Operating Revenue: Achieved €508.4 million, below the estimated €518.4 million.
  • Asia Revenue: Reported at €200.7 million, missing the estimate of €209.4 million.
  • North America Revenue: Came in at €60.2 million, slightly below the €62.8 million estimate.
  • Europe Revenue: Achieved €191.3 million, matching the €191.2 million estimate closely.
  • Latin America Revenue: Surpassed expectations at €36.6 million, compared to the €35.4 million estimate.
  • Analyst Recommendations: 10 buys, 4 holds, and 1 sell.

A look at Evolution Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience4
Momentum2
OVERALL SMART SCORE3.4

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

Evolution, a gaming company with a strong presence worldwide, is showing promising signs for long-term growth based on its Smartkarma Smart Scores. With a high growth score of 5 and solid scores in resilience and dividends at 4, Evolution is positioning itself well for the future. The company’s focus on innovation in developing B2B live casino solutions highlights its ability to adapt to market demands and drive sustainable growth over time.

Although the company scores lower in value and momentum, the overall outlook remains positive, emphasizing Evolution‘s potential to deliver value to investors in the long run. With a balanced profile across different factors, including growth and dividends, investors may view Evolution as a promising player in the gaming industry, poised for steady expansion and profitability in the coming years.


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