Earnings Alerts

ST Engineering (STE) Earnings: Surging 1Q Revenue Highlighted in Essential Breakdown

  • ST Engineering‘s 1Q Revenue S$2.70 billion: This signifies the gross income generated by the company during the first quarter.
  • Aerospace Rev S$1.15 billion: This compartmentalizes the revenue, indicating that a large portion of ST Engineering‘s income is from the aerospace sector.
  • Defense and Public Security Revenue S$1.12 billion: This shows that there is also a significant income from the defense and public security sector, close to that of the aerospace revenue.
  • Urban Solutions and Satcom Revenue S$429 million: This breaks down the revenue further and denotes the urban solutions and Satcom revenue.
  • 12 Buys, 2 Holds, 0 Sells: This suggests that the stock might be viewed favorably by investors, as there are more recommendations to buy than to hold, and no recommendations to sell.

A look at ST Engineering Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum4
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

ST Engineering, a global technology, defence, and engineering group with a presence in key markets worldwide, including Asia, Europe, the Middle East, and the U.S., is poised for a promising long-term outlook. Leveraging its expertise and innovative solutions, the company aims to address real-world challenges and enhance societal well-being. With a focus on aerospace, smart city development, defence, and public security sectors, ST Engineering demonstrates a commitment to diversification and sustainability in its operations.

Utilizing the Smartkarma Smart Scores, which assess key factors like value, dividend yield, growth potential, resilience, and momentum, ST Engineering shows strong indicators for growth and market performance. With solid scores in growth and momentum, the company is positioned to capitalize on future opportunities and drive continued success in its strategic business segments. Despite some areas for improvement highlighted by the scores, ST Engineering‘s overall outlook appears promising amidst its global presence and innovative approach to technology and engineering solutions.


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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