Earnings Alerts

TPG Telecom (TPG) Earnings: 1H Revenue Misses Estimates, Net Income Drops 40%

  • TPG Telecom reported a first-half revenue of A$2.71 billion.
  • This represents a marginal increase of 0.1% year over year.
  • The reported revenue missed the estimated target of A$2.75 billion.
  • Net income for TPG Telecom stood at A$29 million.
  • This net income marks a significant 40% decrease compared to the previous year.
  • The interim dividend per share remains unchanged at A$0.090, same as the previous year.
  • Market analysts have provided mixed ratings with 6 buys, 6 holds, and 2 sells.

A look at TPG Telecom Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth3
Resilience2
Momentum3
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

Analysts using Smartkarma Smart Scores have given TPG Telecom a positive long-term outlook, with high scores in Value, Growth, and Momentum. TPG Telecom is considered a value stock, indicating that the company may be currently undervalued based on its fundamentals. Additionally, the company shows promising growth potential and positive momentum in the market, reflecting investor confidence in its future performance.

Despite lower scores in Resilience and Dividend factors, TPG Telecom still maintains a strong overall outlook. As a telecommunications provider offering mobile and fixed broadband solutions through Vodafone Hutchison Australia, TPG Telecom continues to position itself for future success in the Australian market.

Summary of the description of the company based on: TPG Telecom Ltd provides telecommunication services. The Company offers mobile and fixed broadband solutions. Vodafone Hutchison Australia serves customers in Australia.


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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