Earnings Alerts

Singtel (ST) Earnings: FY Operating Revenue Misses Expectations with Net Income Reaching S$795.0 Million

  • Singtel‘s Financial Year Operating Revenue Misses Estimates
  • Operating revenue stood at S$14.13 billion, missing the estimate of S$14.45 billion
  • Net income was S$795.0 million, below the estimate of S$2.39 billion
  • Underlying profit was posted at S$2.26 billion
  • Operating expenses reached S$10.75 billion, slightly above the estimated S$10.72 billion
  • Final dividend per share was S$0.098
  • Free cash flow stood at S$2.57 billion
  • Analysts’ ratings composed of 17 buys, 1 hold, 0 sells

Singtel on Smartkarma

Analysts on Smartkarma, like David Blennerhassett, are closely following Singtel and providing valuable insights. In a recent report titled “Last Week in Event SPACE,” Blennerhassett mentions that Singtel (ST SP) is reportedly negotiating a sale of Optus, Australia’s second-largest telco. Despite the rumors, both Singtel and Optus deny any impending deal. This news raises questions about the future strategy of Singtel and its potential impact on the market.

Furthermore, in another report titled “Optus Sale Would Be A BIG Payday For SingTel,” Blennerhassett highlights Singtel as a deep value play, emphasizing the potential benefits of a sale of Optus to correct the negative market sentiment. The market is closely monitoring the situation, especially considering the speculated sale to Brookfield for A$16bn-A$18bn. Singtel‘s commitment to Optus and its strategic importance within the Singtel Group adds complexity to the discussions surrounding a possible sale and its implications on Singtel‘s financial outlook.


A look at Singtel Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience3
Momentum4
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, Singtel‘s outlook appears positive in the long term. With strong scores in growth and dividends, the company is positioned well for future expansion and income generation. Singtel‘s momentum score also indicates a promising trajectory going forward, supported by its diverse range of services that cater to a global customer base. Additionally, the company demonstrates resilience in the face of challenges, showcasing its ability to weather uncertainties in the market.

Singtel, known for its wireless telecommunication services, offers a wide range of solutions including fixed, mobile, data, internet, TV, and digital services. With favorable ratings in important factors like growth and dividends, Singtel is primed to continue its success in the industry while providing value to its investors. The company’s robust momentum and resilience further highlight its potential for sustained performance in the ever-evolving telecommunications landscape.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars