Earnings Alerts

Verbund AG (VER) Earnings Report: Staggering 1Q Net Income Hits EU506.0M

  • Verbund recently reported a net income of EU506.0 million in the first quarter.
  • The company recorded an Ebitda (Earnings before Interest, Taxes, Depreciation, and Amortization) of EU883.4 million.
  • The total revenue for the period amounted to EU2.01 billion.
  • No shares were bought during this period.
  • There were 8 holds of the shares in the quarter.
  • A total of 9 shares were sold in the same period.

A look at Verbund AG Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience4
Momentum2
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

Verbund AG, a company that provides integrated electric services, has received positive Smartkarma Smart Scores indicating a promising long-term outlook. With strong ratings in Dividend, Growth, Resilience, and Momentum, Verbund AG seems well-positioned for future success. The company’s focus on generating power through a mix of hydro-electric, thermal, and wind sources, coupled with its efficient transmission and distribution services both locally and globally, bodes well for its continued growth and stability in the industry.

Investors looking at Verbund AG can take comfort in the company’s solid ratings across various key factors. With above-average scores in Dividend, Growth, Resilience, and Momentum, Verbund AG appears to be on a positive trajectory for the long term. As a company that plays a crucial role in the production and distribution of electricity, Verbund AG‘s strategic positioning in the market positions it well for continued success and value creation for its stakeholders.


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.


 

πŸ’‘ 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

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