Earnings Alerts

Poste Italiane (PST) Earnings: 2Q Revenue Surpasses Estimates with Strong Financial and Insurance Performance

  • Poste Italiane‘s total second-quarter revenue was €3.12 billion, beating the estimate of €3.06 billion.
  • Mail, Parcel & Distribution revenue reached €954 million, surpassing the estimate of €938.1 million.
  • Financial Services revenue came in at €1.35 billion, slightly above the estimate of €1.33 billion.
  • Insurance Services revenue was €430 million, exceeding the estimate of €404.9 million.
  • Payments & Mobile revenue was €382 million, slightly below the estimate of €387.8 million.
  • Net income for the quarter was €525 million, higher than the estimate of €501.4 million.
  • Analyst ratings for Poste Italiane include 14 buys, 3 holds, and 1 sell.

A look at Poste Italiane Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience2
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

Poste Italiane SpA, a company deeply rooted in the insurance sector while also offering financial and postal services, shows a promising long-term outlook according to the Smartkarma Smart Scores. With an impressive Dividend score of 5, investors can expect attractive returns in the form of dividends. Moreover, a Growth score of 4 highlights the company’s potential for expansion and increasing profitability. Coupled with a Momentum score of 4, indicating a positive trend in stock price, Poste Italiane seems poised for continued success.

However, the company’s lower Resilience score of 2 suggests some vulnerability to economic downturns or market challenges. Nonetheless, with a Value score of 3, there is room for the company to enhance its value proposition. Overall, Poste Italiane‘s strong performance in dividends, growth, and momentum bode well for its future outlook and potential for continued success in the market.

Summary: Poste Italiane SpA operates within the insurance industry and offers a wide range of financial and postal services to customers across Italy, including delivering mail and packages, providing savings and checking accounts, money orders, and foreign exchange services.


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