
- Coface’s net income for the first quarter met estimates at €62.1 million, closely aligning with the expected €62 million.
- Operating income came in at €91.2 million, slightly below the estimate of €93.7 million provided by analysts.
- Total revenue for the period stood at €473.2 million.
- Revenue from North America amounted to €43.5 million.
- Western Europe contributed €96.0 million in revenue.
- The reported combined ratio was 68.7%, which was marginally higher than the estimated 68.4%.
- Analyst recommendations include 3 buys, 2 holds, and no sells for the stock.
A look at Coface SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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
Investors looking at Coface SA for the long term may find encouragement in the Smartkarma Smart Scores. With a top score in Dividend and Momentum, the company appears to offer strong potential in terms of rewarding shareholders and displaying positive market performance. Additionally, a solid Growth score hints at promising future prospects for expansion and development within the industry. While Value and Resilience scores are slightly lower, the overall outlook seems optimistic, suggesting a potentially lucrative investment opportunity in Coface SA.
Coface SA, a company specializing in financial services such as trade risk management and credit insurance, has garnered notable Smartkarma Smart Scores. With a track record of serving a global customer base, Coface SA‘s impressive Dividend and Momentum scores indicate a robust ability to generate returns and maintain a strong market presence. Supported by a healthy Growth score, the company looks poised for continued expansion and success in its industry. Despite moderate scores in Value and Resilience, Coface SA‘s overall outlook remains promising for investors seeking a reliable and potentially rewarding long-term investment.
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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