Earnings Alerts

Verbund AG (VER) Earnings: 1H EBITDA and EBIT Miss Estimates Despite Strong Revenue

  • EBITDA: Verbund’s EBITDA for the first half of 2024 was EU1.76 billion, which missed the estimated EU1.81 billion.
  • Net Income: The net income was reported at EU910.1 million.
  • EBIT: The EBIT came in at EU1.28 billion, falling short of the estimated EU1.52 billion.
  • Revenue: Revenue for the period was EU3.89 billion.
  • Analyst Recommendations: The stock has 0 buy ratings, 6 hold ratings, and 11 sell ratings.

A look at Verbund AG Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience4
Momentum2
OVERALL SMART SCORE3.4

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

Verbund AG, a company providing integrated electric generation, transmission, and distribution services, has received optimistic Smart Scores across various factors. With a high Growth score of 5 and strong Dividend and Resilience scores of 4 each, Verbund AG appears well-positioned for long-term success. This indicates that the company is expected to experience substantial growth, provide attractive dividend returns, and demonstrate resilience in uncertain market conditions.

Although the Value and Momentum scores are a bit lower at 2 each, the overall positive outlook based on the Smart Scores suggests that Verbund AG could be a promising investment for investors seeking growth and stability in the energy sector. By leveraging its diverse power generation sources including hydro-electric, thermal, and wind power, Verbund AG continues to transmit and distribute power effectively to meet the energy needs of its customers both domestically and internationally.


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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