Earnings Alerts

Wartsila Oyj Abp (WRT1V) 2Q Earnings: Orders Meet Estimates Amid Market Challenges

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  • Wartsila’s Q2 orders were reported at EU1.85 billion, meeting estimates of EU1.86 billion.
  • The marine market remains affected by sanctions on Russia and attacks on ships in the Red Sea.
  • Despite increased shipyard capacity and output, especially in China and South Korea, newbuild ship prices remain high due to yard capacity shortages.
  • Service order intake grew, driven by robust activity in the Marine sector.
  • Equipment order intake rose, supported by higher demand in Marine, Engine Power Plants, and Portfolio Business.
  • Current analyst ratings for Wartsila include 6 buys, 6 holds, and 11 sells.

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A look at Wartsila Oyj Abp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.6

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 assessed Wartsila Oyj Abp, a company specializing in power generation and marine propulsion solutions. With a strong emphasis on growth and momentum, Wartsila Oyj Abp scores high in these areas. This indicates a positive long-term outlook for the company, suggesting potential for expansion and profitability in the coming years. Additionally, the company demonstrates resilience, which further supports its ability to weather economic challenges. Although its value and dividend scores are more moderate, the overall picture painted by the Smart Scores is promising for Wartsila Oyj Abp as it continues to innovate and grow in its sector.

In summary, Wartsila Oyj Abp is positioned as a forward-thinking company in the power generation and marine propulsion industry, offering tailored solutions for a variety of needs. With a focus on growth, resilience, and momentum, the company shows potential for sustained success in the long term. While its value and dividend scores are not as high, Wartsila Oyj Abp‘s strong performance in other key areas bodes well for its future prospects and position in the market.


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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