Earnings Alerts

LTIMindtree (LTIM) Earnings: 2Q Revenue Aligns with Estimates Despite Slight EBITDA Miss

By October 17, 2024 No Comments
  • LTIMindtree‘s revenue for the second quarter is reported at 94.33 billion rupees, which aligns closely with the estimate of 94.31 billion rupees.
  • The reported Ebitda (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 16.99 billion rupees, slightly below the estimate of 17.12 billion rupees.
  • The Ebitda margin stands at 18%, marginally under the estimated 18.2%.
  • The employee attrition rate is noted at 14.5%.
  • The Ebit (Earnings Before Interest and Taxes) margin is reported at 15.5%.
  • There are a total of 84,438 employees at LTIMindtree.
  • Market analysts have given 21 buy ratings, 8 hold ratings, and 11 sell ratings on the company’s stock.

A look at LTIMindtree Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE3.6

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

LTIMindtree Limited, a provider of information technology services, showcases a promising long-term outlook based on its Smartkarma Smart Scores. With strong scores in Dividend, Resilience, and Momentum, the company demonstrates stability, growth potential, and positive market performance. While Value and Growth scores are slightly lower, the overall outlook remains positive for LTIMindtree.

Notably, LTIMindtree excels in offering analytics, enterprise integration, cloud computing, and consulting services worldwide. This diversified portfolio positions the company well for sustained success in the dynamic IT sector. Investors may find LTIMindtree a compelling choice based on its solid Dividend, Resilience, and Momentum scores, indicating a company with strong fundamentals and growth prospects in the long run.


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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