Earnings Alerts

United Tractors (UNTR) Earnings: August Coal Sales Down 7.8% YoY, Gold Sales Surge 80%

By September 26, 2024 No Comments
  • United Tractors reported coal sales volume of 701,000 tons in August 2024.
  • This coal sales volume represents a 7.8% decrease compared to the same month last year.
  • Gold sales for the month reached 18,000 ounces.
  • Gold sales showed a significant increase of 80% year over year.
  • Heavy equipment sales totaled 435 units in August.
  • This shows an 8.8% rise in heavy equipment sales compared to the previous year.
  • Analyst recommendations for United Tractors include 17 buys, 6 holds, and 1 sell.

A look at United Tractors Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth5
Resilience4
Momentum4
OVERALL SMART SCORE4.2

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

Based on the Smartkarma Smart Scores, United Tractors shows a promising long-term outlook. With high scores in Dividend and Growth, the company is positioned well for sustainable profitability and potential expansion. Additionally, United Tractors demonstrates strong Resilience and Momentum, indicating its ability to withstand market fluctuations and maintain positive performance trends. These factors combined suggest a favorable future for United Tractors in the industry.

PT United Tractors Tbk, a company that distributes and leases construction machinery along with offering contract mining services, stands out with a solid overall performance based on its Smartkarma Smart Scores. The strong ratings in Value, Dividend, Growth, Resilience, and Momentum underscore United Tractors‘ competitive positioning and potential for continued success in the market. As the company deals with reputable brands like Komatsu, Scania, and Tadano, its diverse range of services and products further bolster its outlook for long-term growth and stability.


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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