Earnings Alerts

Salmar ASA (SALM) Earnings: Preliminary 4Q Harvest Falls Short of Estimates

  • Salmar’s preliminary harvest for the fourth quarter is reported at 73,800 metric tons.
  • This harvest figure falls short of the previous estimate of 79,492 metric tons.
  • The full report for the fourth quarter will be released on February 18.
  • Analyst recommendations include 9 buy ratings, 5 hold ratings, and 1 sell rating for Salmar’s stock.

A look at Salmar ASA Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.2

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

Salmar ASA, a company specializing in salmon production, has been given varying Smart Scores across different key factors. With a solid score of 4 for both Dividend and Growth, Salmar ASA shows promise in providing returns to investors and potential for company expansion. This indicates a positive long-term outlook for the company’s financial health and growth potential.

Additionally, Salmar ASA received a score of 3 for both Resilience and Momentum, showcasing a moderate level of stability and market momentum. These scores suggest that Salmar ASA is positioned to weather economic uncertainties and maintain a steady pace in the market. While the Value score of 2 indicates some room for improvement in terms of stock valuation, overall, the Smart Scores paint a favorable picture for Salmar ASA‘s future prospects in the fisheries industry.


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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