Earnings Alerts

Saudi Airlines Catering Co (CATERING) Earnings Exceed Expectations with Higher FY Profit and Revenue

  • Catrion Catering Holding’s full-year profit came in at 352.8 million riyals, surpassing the estimated 329.7 million riyals.
  • The company’s revenue reached 2.30 billion riyals, slightly above the anticipated 2.29 billion riyals based on two estimates.
  • Operating profit for the year was recorded at 360.5 million riyals.
  • Earnings per share (EPS) stood at 4.30 riyals, beating the estimated 4.05 riyals.
  • The analyst ratings include 1 buy recommendation, 5 hold recommendations, and no sell recommendations for the company’s stock.

A look at Saudi Airlines Catering Co 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

According to the Smartkarma Smart Scores, Saudi Airlines Catering Co is positioned for strong long-term growth and resilience in the market. With a high score in Growth and Momentum, the company shows potential for expanding its operations and capturing new opportunities in the airline catering sector. This suggests that the company is well-positioned to capitalize on the increasing demand for its services, indicating positive prospects for future revenue and profitability.

Saudi Airlines Catering Co also scores well in Resilience, signaling its ability to withstand market fluctuations and economic challenges. While Value and Dividend scores are moderate, the strong performance in key factors like Growth and Momentum positions the company favorably for investors seeking capital appreciation and exposure to a resilient and growing industry.

Summary: Saudi Airlines Catering Co. provides airline catering services, in-flight cuisine, and menu planning. The company’s high scores in Growth and Momentum reflect its potential for long-term expansion and profitability in the airline catering market.


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