Earnings Alerts

Stora Enso OYJ (STERV) Earnings Exceed Expectations with 4Q Operating Ebit Beating Estimates

By February 1, 2024 No Comments
  • Stora Enso’s 4th Quarter Operating Ebit exceeded the estimates, recording EU51 million against the expected EU46.6 million.
  • The sales for the period were at EU2.17 billion, slightly lower than the estimated EU2.25 billion.
  • The Operating Ebit margin was a positive 2.3%.
  • The Operating Ebitda was EU212 million, beating the estimate of EU192.3 million.
  • The company received 8 buys, 7 holds, and 4 sells during this period.

A look at Stora Enso OYJ Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.6

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

According to the Smartkarma Smart Scores, Stora Enso OYJ has a positive long-term outlook. The company has received a high score of 5 in the Value category, indicating that it is considered a good value investment. Stora Enso OYJ also scored well in the Dividend category with a score of 4, meaning it has a strong history of paying dividends to its shareholders.

While the company’s scores in the Growth, Resilience, and Momentum categories are not as high, they still indicate a positive outlook. Stora Enso OYJ has a score of 3 in each of these categories, suggesting that the company has moderate growth potential, is relatively resilient in the face of market challenges, and is showing positive momentum.

Stora Enso OYJ is an integrated company that produces paper, packaging, and forest products. With operations in more than 40 countries, the company has a global presence and sells its products to a diverse range of industries. Overall, based on the Smartkarma Smart Scores, Stora Enso OYJ is poised for long-term success and is a promising investment opportunity.


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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