Earnings Alerts

Prysmian SpA (PRY) Earnings Update: 1Q Revenue Misses Estimates Despite Surpassing Operating Profit Expectations

  • Prysmian’s revenue for the first quarter fell short of estimates, hitting EU3.69 billion instead of the projected EU3.75 billion.
  • Despite the revenue miss, the company saw an impressive adjusted operating profit of EU312 million, surpassing the estimate of EU282.8 million.
  • The raw operating profit for the period stood at EU287 million.
  • The investor sentiment is diverse with 12 buys, 4 holds, and 2 sells recorded.

A look at Prysmian SpA Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
Momentum5
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

Analysts are optimistic about Prysmian SpA‘s long-term future, as indicated by its Smart Scores across various factors. With a high Growth score of 5 and Momentum score of 5, the company is seen as having strong potential for future expansion and market performance. Additionally, Prysmian SpA demonstrates resilience with a score of 4, which suggests the company’s ability to weather challenges and maintain stability in the face of market fluctuations. While the Value and Dividend scores are moderate at 2, the overall outlook for Prysmian SpA appears positive, positioning it well in the energy and telecommunications industries.

Prysmian SpA, a leading player in the development and installation of cables for energy and telecommunications applications, is recognized for its diversified portfolio and strong industry presence. The company’s Smart Karma Smart Scores highlight its solid Growth and Momentum factors, indicating a promising trajectory for future growth and performance. With a Resilience score of 4, Prysmian SpA is considered well-equipped to navigate uncertainties and maintain its position in the market. While its Value and Dividend scores are moderate, the company’s overall outlook remains favorable, reflecting its continued focus on innovation and market leadership.


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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