- Scentre Group‘s First Half Funds From Operations (FFO) exceeded estimates.
- Reported FFO was A$568.2 million, above the estimated A$559.3 million.
- Net Operating Income was recorded at A$1.01 billion.
- Net Income totaled A$403.9 million.
- Total Revenue reached A$1.28 billion.
- Analysts’ ratings: 7 buys, 3 holds, and 1 sell.
A look at Scentre Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
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
Looking ahead, Scentre Group, a company well-known for developing and owning retail real estate properties across Australia and New Zealand, seems to have a promising long-term outlook based on the Smartkarma Smart Scores. With strong scores in Value and Dividend at 4 each, it indicates the company is considered to be offering good value and dividends to investors. Additionally, Momentum is also rated highly at 4, showing that the company is gaining positive traction in the market.
However, the Growth and Resilience scores are rated lower at 2, suggesting that there might be room for improvement in these areas. Despite this, the overall outlook for Scentre Group appears positive with solid foundations in place for continued success and potential growth in the future.
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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