Earnings Alerts

Rockwool International A/S (ROCKB) Earnings: 3Q Ebit Misses Estimates as Shares Drop 4.6%

By November 27, 2024 No Comments
“`html

  • Rockwool’s earnings before interest and taxes (Ebit) for the third quarter came in at €173 million, missing the estimated €183.6 million.
  • The company’s earnings before interest, taxes, depreciation, and amortization (Ebitda) were €241 million, below the estimated €249.4 million.
  • Despite missing earnings estimates, profitability is partly supported by volume growth, stable sales prices, and high productivity.
  • Following the earnings report, Rockwool’s share price dropped by 4.6% to DKK 2,778.
  • During this period, a total of 11,299 Rockwool shares were traded.
  • Analyst recommendations for Rockwool include 6 buy ratings, 11 hold ratings, and 1 sell rating.

“`


A look at Rockwool International A/S Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE3.8

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

Rockwool International A/S, a company specializing in stone wool production for insulation and other construction products, presents a promising long-term outlook based on Smartkarma Smart Scores. With strong scores in growth, resilience, and momentum, the company is positioned for future success. Its emphasis on innovation and adaptability makes it a standout player in the industry, setting the stage for continued expansion and development.

Rockwool International A/S‘s balanced ratings across key factors like value and dividend reflect a steady and solid performance. As a global producer with a diverse product line, including acoustic ceilings and horticultural substrates, Rockwool is well-positioned to navigate market fluctuations and capitalize on emerging opportunities. The company’s consistent focus on quality and customer satisfaction further enhances its prospects for sustained growth and profitability.


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