- STEP Energy reported an adjusted EBITDA of C$43.8 million, which met analysts’ expectations of C$43.5 million for the third quarter.
- Revenue was slightly higher than expected, recorded at C$256.0 million compared to the estimate of C$252.5 million.
- The company posted a loss per share of C$0.080 for the quarter.
- Analyst recommendations for STEP Energy include 4 buys and 2 holds, with no sell recommendations.
A look at Step Energy Services Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
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
Step Energy Services has received positive Smart Scores across various factors, indicating a promising long-term outlook. With a high Growth score of 5, the company is positioned for significant expansion and development in the future. Additionally, a strong Momentum score of 5 suggests that Step Energy Services is experiencing positive market momentum, which could drive further growth opportunities.
While the company excels in value with a score of 4, indicating it is attractively priced relative to its financial performance, there are areas for improvement. The lower Resilience score of 2 suggests some vulnerabilities that Step Energy Services may need to address to enhance its overall stability in the long run. Furthermore, the Dividend score of 1 signals that the company may not be prioritizing dividend payments at this time. Overall, Step Energy Services shows promising signs for growth and value, with potential challenges in resilience and dividend distribution.
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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