Earnings Alerts

Telstra Corp (TLS) Earnings: Confident Outlook With Underlying EBITDA Forecast of A$8.5B-A$8.7B

By October 15, 2024 No Comments
“`html

  • Telstra Group maintains its FY24 underlying EBITDA forecast, targeting an A$8.5 billion to A$8.7 billion range.
  • The Chair expresses strong confidence in the company’s future outlook.
  • Business-as-usual capital expenditure, including Digicel Pacific, is expected to be A$3.2 billion to A$3.4 billion, showcasing Telstra’s disciplined approach.
  • A strategic investment of A$300 million to A$500 million is projected for FY25, focusing on the expansion of the company’s intercity fibre project.
  • Free cash flow, before considering strategic investments, is expected to range from A$3 billion to A$3.4 billion. This includes an anticipated cash outflow of about A$300 million related to FY24 restructuring costs.
  • Analyst recommendations include 13 buys, 2 holds, and 1 sell.

“`


A look at Telstra Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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

Telstra Corporation Limited, a major telecommunications provider in Australia, is facing a mixed long-term outlook based on the Smartkarma Smart Scores. While the company scores well on factors such as Dividend and Momentum, with scores of 4 each, indicating strength in its dividend payments and market momentum, it falls short in areas like Resilience with a score of 2. This suggests that Telstra may face challenges in weathering unexpected market conditions. On the other hand, its Value and Growth scores are moderate at 3 each, indicating a stable valuation and growth potential. Overall, Telstra Corp‘s future success may hinge on its ability to enhance its resilience while maintaining its positive momentum and dividend performance.

Telstra Corporation Limited is a key player in the telecommunications sector, offering a wide range of services to both domestic and international customers. With a focus on providing telephone exchange lines, mobile telecommunications, data, internet, and online services, Telstra plays a vital role in connecting homes and businesses across Australia. Despite facing varying scores in different aspects of its performance, Telstra’s overall outlook remains promising. By continuing to adapt to changing market dynamics and leveraging its strong dividend payouts and market momentum, Telstra can position itself for sustained success in the competitive telecommunications industry.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Analytics and News
  • ✓ Events & Webinars