- Adjusted EPS (Earnings Per Share) for the Fiscal Year (FY) reported by SSE outpaces estimates, coming in at 158.5p against the estimated 157.0p.
- The adjusted pretax profit surpasses estimates, standing at GBP2.17 billion against the predicted GBP2.09 billion.
- SSE also reports an adjusted operating profit of GBP2.43 billion, beating the estimated GBP2.34 billion.
- Distribution adjusted operating profit, however, fell short of estimates, reporting at GBP272.1 million against the projected GBP304.2 million.
- Transmission adjusted operating profit also didn’t meet estimates, recorded at GBP419.3 million against an estimated GBP461 million.
- Renewable adjusted operating profit was slightly below predictions, at GBP833.1 million compared to the estimated GBP843 million.
- The dividend per share aligns with estimates, resting solidly at 60.0p.
- The final dividend per share announced is 40.0p.
- The market view towards SSE tends to lean towards optimism, with 14 buys, 2 holds and 1 sell.
A look at SSE PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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
Analysts examining SSE PLC‘s long-term future are cautiously optimistic based on the Smartkarma Smart Scores. The company received a solid score for its dividend potential, indicating a reliable payout to investors. Momentum is also showing strength, suggesting the company is gaining traction in the market. However, growth and resilience scores are at the lower end, indicating potential challenges in these areas moving forward. With a balanced value score, SSE PLC seems to be attractively priced in the market for potential investors.
SSE PLC, a company deeply involved in electricity generation and distribution in the UK and Ireland, also dabbles in natural gas storage and telecommunications services. Despite facing some growth and resilience concerns, its strong dividend and momentum scores showcase its stability and market presence. Investors are advised to keep an eye on SSE PLC as it navigates through these mixed ratings, seeking opportunities for long-term growth and stability in the energy sector.
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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