- Mullen Group’s adjusted earnings per share (EPS) for the third quarter was C$0.41, surpassing the analysts’ estimate of C$0.36. However, it was slightly lower compared to C$0.43 from the previous year.
- The company reported a revenue of C$532.0 million, reflecting a 5.6% increase year-over-year, and exceeding the estimated revenue of C$521.3 million.
- Operating income before depreciation and amortization (OIBDA) stood at C$95.3 million, marking a 7.6% increase compared to the previous year.
- The operating margin improved slightly to 17.9%, up from 17.6% year-over-year.
- Analyst ratings show strong confidence in Mullen Group, with 8 buy recommendations, 2 holds, and no sell ratings.
A look at Mullen Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| 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
Based on Smartkarma Smart Scores, Mullen Group Limited appears to have a positive long-term outlook. With high scores in Value, Dividend, Growth, and Momentum, the company seems well-positioned in terms of its financial health, growth potential, and overall market performance. However, the lower score in Resilience suggests there may be some vulnerability to external economic factors or industry-specific challenges. Overall, Mullen‘s diversified business segments in asset-based oilfield services and trucking, targeting both Canadian and U.S. markets, portray a company with strong fundamentals and growth prospects.
Mullen‘s solid scores in Value, Dividend, Growth, and Momentum indicate a promising future for the company. The Value and Dividend scores reflect a sound financial standing and potential for returns to investors, while the Growth and Momentum scores suggest ongoing expansion and positive market sentiment. Despite the lower Resilience score, Mullen Group Limited’s strategic focus on specialized transportation for the oil and gas industry in western Canada, coupled with its trucking services in both Canadian and U.S. markets, signify a company with a strong industry presence and growth trajectory.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
