Earnings Alerts

Strong Earnings Report: Central Pattana Pub (CPN) Outperforms with 1Q Net Income Surpassing Estimates

  • Central Pattana’s net income for the first quarter of 2024 surpasses estimated predictions, with a total of 4.15 billion baht against the expected 4.07 billion baht.
  • The Earnings Per Share (EPS) also exceeds expectations, reaching 0.93 baht instead of the estimated 0.90 baht.
  • The company’s performance has generated confidence among market analysts. It currently has a total of 22 buys, 2 holds, and no sells.

A look at Central Pattana Pub Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE2.8

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

Central Pattana Public Company Limited, a leading property developer focusing on shopping centers, condominiums, and office spaces for sale and rent, has been assessed through the Smartkarma Smart Scores. With a solid Growth score of 4, the company is poised for long-term expansion and development. Additionally, its Momentum score of 3 reflects positive market trends that could contribute to future success. However, areas such as Value and Resilience scored lower, indicating potential weaknesses that might need to be addressed for sustained performance.

In summary, Central Pattana Pub has a diverse portfolio of projects including Central Plaza Lardprao, Central Plaza Ram-indra, Central Plaza Pinklao, Central Festival Center Pattaya, and Central Plaza Ratchada. While showing promise in growth and market momentum, the company may need to focus on enhancing its value proposition and strengthening resilience to navigate challenges effectively in the competitive real estate 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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