Earnings Alerts

Mirvac Group (MGR) Earnings: FY Operating Profit of A$552M Meets Estimates

  • Operating Profit: Mirvac Group reported an operating profit of A$552 million for the fiscal year.
  • Estimates Met: The reported operating profit closely matched the estimated A$555.3 million.
  • Total Revenues: Mirvac Group‘s total revenues and other income amounted to A$3.04 billion.
  • Analyst Ratings: The company has received 6 buy ratings and 4 hold ratings, with no sells.

A look at Mirvac Group Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth2
Resilience2
Momentum4
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

Looking at Mirvac Group‘s Smartkarma Smart Scores, the company seems to have a promising long-term outlook. With high scores in Value and Dividend, investors might find the company attractive for potential returns and income generation. These scores indicate that Mirvac Group is considered to be in a good position in terms of value and its ability to pay dividends to shareholders.

On the other hand, the Growth and Resilience scores are slightly lower, suggesting that there may be challenges in terms of growth potential and resilience to economic fluctuations. However, the Momentum score of 4 indicates that there is positive momentum in the company’s performance, which could potentially lead to improved prospects in the future. Overall, Mirvac Group, an Australian property group with diverse investments and development projects, seems to be well-positioned for steady performance but with room for growth and improvement.


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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