- Poste Italiane‘s Ebit for Q1 surpassed expectations, reaching EU706 million against an estimated EU685.7 million.
- Mail, Parcel & Distribution Ebit, however, fell short of expectations with EU41 million, against an estimated EU54.3 million.
- Financial Services Ebit also underperformed, hitting EU199 million, compared to an estimated EU247.2 million.
- Insurance Services Ebit surpassed projections, totalling EU349 million against an estimated EU338.7 million.
- Total revenue outperformed estimates, hitting EU3.05 billion compared to an estimated EU3.03 billion.
- Mail, Parcel & Distribution revenue fell short, recording EU934 million against an estimated EU941.8 million.
- Financial Services revenue was slightly under the forecast, at EU1.34 billion, compared to an estimated EU1.35 billion.
- Insurance Services revenue exceeded expectations, totalling EU397 million, compared to an estimated EU388.6 million.
- Net income also surpassed estimates, reaching EU501 million against an estimated EU497.3 million.
- Analyst ratings included 13 buys, 3 holds, and 1 sell.
A look at Poste Italiane Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
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, a company deeply rooted in the insurance sector, also delves into financial and postal services. With a blend of offerings including letter deliveries, financial accounts, and money transfer services, Poste Italiane caters to a broad customer base across Italy. Smartkarma’s Smart Scores shed light on the long-term outlook for Poste Italiane, revealing a strong stance in various key areas. Notably, the company excels in dividends and momentum, indicating a solid performance in rewarding its investors and maintaining positive growth trends.
Despite facing challenges in value and resilience, Poste Italiane shows promise with a growth score of 4, hinting at potential expansion opportunities. These scores paint a picture of a company with robust dividend payouts and strong momentum, positioning Poste Italiane favorably for the future as it navigates the complexities of the insurance and financial services sectors in Italy.
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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