Earnings Alerts

Snam SpA (SRG) Earnings Report: FY Adjusted Ebitda Hits Estimates

  • Snam’s adjusted Ebitda matches the estimate, both valued at EU2.42 billion.
  • The adjusted Ebit is EU1.48 billion, just short of the estimated EU1.49 billion.
  • Revenue reported by Snam is EU3.88 billion, slightly lower than the estimated EU3.89 billion.
  • The dividend per share is EU0.2820, surpassing the estimated EU0.28.
  • Net debt stands at EU15.27 billion, lower than the estimated EU15.45 billion.
  • There are 9 buy ratings, 11 hold ratings, and 1 sell rating for the company.

A look at Snam SpA Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth2
Resilience2
Momentum3
OVERALL SMART SCORE3.0

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

Snam SpA, the company that owns and operates Italy’s natural-gas distribution network, has received an overall Smart Score of 3 out of 5. This indicates a positive long-term outlook for the company. Snam scored a 5 for its dividend, meaning that it is expected to provide strong returns to its shareholders. However, its growth and resilience scores were lower at 2, indicating potential challenges in these areas. Additionally, the company scored a 3 for both value and momentum, showing a stable performance in these categories. Overall, Snam SpA is expected to continue providing strong dividends to its shareholders, but may face some challenges in terms of growth and resilience.

Snam SpA has a strong presence in Italy’s natural-gas distribution market, owning a network of high-and medium-pressure pipes that transport gas for importers, distributors, and companies supplying Italian households. With an overall Smart Score of 3 out of 5, the company is expected to have a positive long-term outlook. Its strong dividend score of 5 suggests that shareholders can expect solid returns. However, Snam’s growth and resilience scores were lower at 2, indicating potential challenges in these areas. Despite this, the company scored a 3 for both value and momentum, indicating a stable performance in these categories. As a leader in Italy’s natural-gas distribution market, Snam SpA is well-positioned for long-term success, but may face some obstacles along the way.


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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