- Evolution‘s EBITDA for the third quarter was reported at €415.3 million, surpassing the estimated €353.9 million.
- The EBITDA margin stood at 71.7%, outperforming the anticipated 68.4%.
- Pretax profit reached €378.2 million, exceeding the forecasted €320.9 million.
- Profit after tax amounted to €328.6 million, which was higher than the projected €268.6 million.
- Analysts’ ratings include 9 buys, 5 holds, and 1 sell recommendation.
A look at Evolution Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| 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
Analysing Evolution AB’s long-term outlook using Smartkarma Smart Scores reveals a positive overall sentiment towards the company. With a strong emphasis on growth, Evolution scored a 5, indicating high potential for expansion and development in the future. Additionally, the company received favorable ratings for its dividend and resilience, scoring a 4 in both categories. This suggests that Evolution not only provides attractive dividends to investors but also demonstrates strong resilience in navigating challenges.
Although Evolution scored lower in value and momentum, with scores of 2 and 3 respectively, the company’s impressive ratings in growth, dividend, and resilience bode well for its long-term prospects. As a leading gaming company that offers fully integrated B2B live casino solutions to online operators worldwide, Evolution‘s strategic positioning and emphasis on sustained growth indicate a promising outlook for investors seeking stability and potential returns in the gaming industry.
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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