Earnings Alerts

Aselsan Elektronik Sanayi (ASELS) Earnings: 2Q Net Income Surges by 30%, Exceeding Estimates

  • Aselsan’s second-quarter net income reached 3.99 billion liras, which is a 30% increase year-over-year and surpasses the estimate of 3 billion liras.
  • Sales for the second quarter were 29.55 billion liras, outperforming the estimate of 25.3 billion liras.
  • For the first half of the year, Aselsan achieved a net income of 6.4 billion liras, marking a 25% increase compared to the previous year.
  • Analyst recommendations reveal 12 buys, 4 holds, and 1 sell for Aselsan.

A look at Aselsan Elektronik Sanayi Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum5
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

Aselsan Elektronik Sanayi Ve Ticaret A.S., a company specializing in the design and manufacture of military and civil telecommunications equipment, has been assessed using Smartkarma Smart Scores to evaluate its long-term outlook. With a growth score of 4 and momentum score of 5, the company is positioned favorably for future expansion and market performance. This indicates strong potential for Aselsan Elektronik Sanayi to experience growth in its operations and maintain positive momentum in the market.

In addition, Aselsan Elektronik Sanayi scored 2 in both value and dividend factors, along with a resilience score of 3. While the value and dividend scores suggest moderate performance in these areas, the resilience score highlights the company’s ability to withstand economic challenges. Overall, with a combination of solid growth, positive momentum, and resilience, Aselsan Elektronik Sanayi appears well-positioned for long-term success in the industry.


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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