- Altus Group’s revenue for the fourth quarter reached C$135.5 million, slightly surpassing the forecast of C$134.6 million, although it represents a 29% decline compared to the previous year.
- The company’s Adjusted EBITDA was C$32.4 million, exceeding estimates of C$27.9 million and marking a 5.1% decline year-over-year.
- The Adjusted EBITDA margin improved, at 23.9%, up from 17.8% the previous year, and higher than the estimated 21.4%.
- Adjusted Earnings Per Share (EPS) saw a significant increase to C$0.85 from C$0.46 year-over-year, outperforming the expected C$0.35.
- Current analyst ratings include one buy recommendation and six hold ratings, with no sell ratings.
A look at Altus Group Ltd/Canada Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.6 |
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
Altus Group Ltd/Canada, a company providing real estate consulting and advisory services, is looking at a promising long-term outlook based on the Smartkarma Smart Scores. With a positive momentum score of 4, Altus Group seems to have strong upward movement potential. Although the value, dividend, growth, and resilience scores are not as high, the company’s overall outlook is underpinned by its momentum score, indicating a favorable trajectory in the future.
Altus Group Ltd/Canada‘s diversified services in cost consulting & project management, property tax consulting, research and valuation, geomatics, and software solutions provide a robust foundation for growth. While the company may have areas to improve according to the Smartkarma Smart Scores, its strong momentum score suggests that investors may find Altus Group a promising investment option with potential for long-term success.
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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