Earnings Alerts

Saab AB (SAABB) Earnings: 2Q Sales and Operating Profit Beat Estimates

  • Saab’s second-quarter sales reached SEK 15.17 billion, surpassing the estimated SEK 15.01 billion.
  • Operating profit came in at SEK 1.33 billion, slightly above the forecasted SEK 1.31 billion.
  • The company received five buy recommendations, five hold recommendations, and one sell recommendation from analysts.

A look at Saab AB Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
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

Based on the Smartkarma Smart Scores, Saab AB shows a promising long-term outlook. With a Growth score of 5 and Momentum score of 5, the company is positioned well for future expansion and market performance. This indicates that Saab AB is expected to experience strong growth and positive momentum in the coming years.

Additionally, Saab AB scores highly in Resilience with a score of 4, suggesting that the company is well-equipped to withstand market fluctuations and challenges. While the Dividend score is at 2, indicating moderate performance in this area, the overall outlook for Saab AB seems positive, especially considering its strong focus on defense technology and international product sales.

### Saab AB is a high technology company that develops, manufactures, and delivers advanced products for the defense market. Its operations span across defense technology, command and control systems, military and commercial aircraft, technical services, as well as missiles, space equipment, and aviation services. Saab AB has a strong international presence in selling and marketing its products. ###


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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