- K-Bro Linen’s revenue for the third quarter reached C$104.5 million, marking a 20% increase year-over-year.
- The revenue exceeded estimates, which were projected at C$100.1 million.
- Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 29%, reaching C$22.8 million.
- Earnings per share (EPS) improved to C$0.771 compared to C$0.622 in the previous year.
- K-Bro Linen currently has six buy ratings from analysts, with no holds or sells.
A look at K-Bro Linen Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 3 | |
Dividend | 3 | |
Growth | 4 | |
Resilience | 2 | |
Momentum | 4 | |
OVERALL SMART SCORE | 3.2 |
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
Analysts predict a bright future for K-Bro Linen Inc., as indicated by the Smartkarma Smart Scores. With a strong score in growth and momentum, the company is showing positive signs of long-term sustainability and upward movement in the market. Despite slightly lower scores in value and resilience, K-Bro Linen Inc. has positioned itself well for future expansion and profitability.
K-Bro Linen Inc. is a Canadian company that specializes in owning and operating laundry and linen processing facilities. Known for its expertise in processing and distributing various types of linen, including sheets, blankets, and towels, the company’s focus on growth and momentum bodes well for its continued success in the 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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