Earnings Alerts

LPP SA (LPP) Earnings Fall Short of Estimates in 2Q

By September 25, 2024 No Comments
  • Ebitda: LPP’s second-quarter Ebitda reached 1.02 billion zloty, an increase of 7.8% year over year, but below the estimate of 1.09 billion zloty.
  • Net Income: The net income for the quarter was 444 million zloty, missing the estimate of 528.5 million zloty.
  • Ebit: Earnings before interest and taxes (Ebit) were 611 million zloty, a slight increase of 0.7% year over year, but lower than the estimated 691.8 million zloty.
  • Sales: Sales for the quarter were 5.01 billion zloty, marking a 9.3% growth year over year, but short of the forecasted 5.27 billion zloty.
  • Gross Margin: The gross margin stood at 52.5%, slightly above the estimate of 52.1%.

First Half Results

  • Net income for the first half of the year was 720 million zloty.

Comments

  • LPP anticipates full-year sales to be between 20 billion and 21 billion zloty.
  • The company expects the full-year gross margin to be in the range of 52% to 53%.

More

  • Analyst Ratings: 14 buys, 1 hold, and 2 sells.

A look at LPP SA Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE3.2

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 at Smartkarma have assessed LPP SA‘s long-term outlook using the Smart Scores system. The company has received varying scores across different factors. LPP SA scored the highest in Growth with a score of 5, indicating a positive outlook for the company’s potential expansion and development strategies. Additionally, the company received a solid score of 4 for Dividend, suggesting a strong ability to pay dividends to its investors, which may be attractive for income-focused investors.

However, LPP SA scored lower in Value and Resilience with scores of 2, indicating that the company may have some challenges in terms of its perceived value and ability to withstand economic shocks. The company also received a score of 3 for Momentum, pointing to a moderate trend in the company’s price movement. Overall, the combination of these scores provides a comprehensive overview of LPP SA‘s standing in the market, with room for improvement in certain key areas.


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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