Earnings Alerts

Orsted AS (ORSTED) Earnings: 2Q EBITDA Surpasses Estimates Despite Net Loss

  • Orsted’s 2Q Ebitda: The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (Ebitda) for the second quarter is DKK 6.57 billion. This is higher than the estimated DKK 4.89 billion.
  • Net Loss: Orsted reported a net loss of DKK 1.68 billion, contrary to the estimated profit of DKK 1.6 billion.
  • Analyst Ratings: The company has received 17 buy ratings, 16 hold ratings, and 2 sell ratings from analysts.

A look at Orsted AS Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth2
Resilience2
Momentum4
OVERALL SMART SCORE2.4

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

Orsted A/S, a company that provides utility services and specializes in offshore wind farms, is looking at a mixed bag of long-term prospects based on the Smartkarma Smart Scores analysis. While Orsted scores well in terms of Momentum with a score of 4, indicating strong positive investor sentiment and market trends, it falls short in areas like Dividend and Growth, scoring 1 and 2 respectively. The company also receives moderate scores in Value and Resilience, highlighting a somewhat stable but not exceptional performance in these areas.

Overall, Orsted A/S seems to be on a promising path based on its strong Momentum score, suggesting positive market momentum and investor optimism. However, the lower scores in Dividend and Growth may raise some concerns about the company’s ability to provide significant returns and drive future growth. With a diversified portfolio in offshore wind farms and power generation, Orsted’s long-term success will likely depend on its ability to leverage its current strengths while addressing areas of improvement highlighted by the Smartkarma Smart Scores analysis.


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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