Earnings Alerts

Analysis: Gulf Energy Development’s Earnings Meet Estimates – Detailed Insight into 1Q Net Income Performance

  • Gulf Energy Development’s net income for the first quarter met the estimates, amounting to 3.50 billion baht.
  • The estimates had projected a slight variation, coming to 3.51 billion baht, according to two estimates.
  • Earnings Per Share (EPS) were also close to the estimates. The actual EPS stood at 0.30 baht, while the estimate was 0.32 baht, from two independent estimates.
  • The company’s performance has been viewed quite favorably, with 16 analysts indicating a ‘buy’ sentiment, and only 2 analysts suggesting a ‘hold’. There were no ‘sell’ signals from the analysts.

A look at Gulf Energy Development Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE2.8

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

<p>Gulf Energy Development Public Company Limited, a company engaged in electricity and steam production based in Thailand, received a mixed bag of Smart Scores which provide an indication of its long-term outlook. With top marks in Growth and Momentum categories, scoring 5 and 3 respectively, Gulf Energy Development seems poised for expansion and shows decent market traction. However, its Value, Dividend, and Resilience scores come in at 2 each, suggesting room for improvement in these areas to enhance overall investor confidence. Despite facing some challenges, Gulf Energy Development’s focus on gas-fired and renewable power projects positions it well for future growth opportunities in the evolving energy landscape.</p>

<p>In summary, Gulf Energy Development Public Company Limited stands out for its diverse energy portfolio that includes gas-fired and renewable power projects catering to the Thai market. While the company is strong in terms of Growth and demonstrates decent Momentum, there is room for enhancement in Value, Dividend, and Resilience factors based on the Smart Scores analysis. Investors looking into the long-term prospects of Gulf Energy Development should consider these factors carefully to make informed investment decisions in the dynamic energy sector.</p>


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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