- Black Diamond’s revenue for the first quarter is C$102.2 million, marking a 39% increase year-over-year.
- The revenue exceeded expectations, as the estimate was C$84.9 million.
- Earnings per share (EPS) rose to C$0.090 compared to C$0.020 from the previous year.
- Adjusted EBITDA reached C$26.5 million, showing a 37% increase year-over-year.
- This figure also surpassed the estimated C$23.4 million.
- Analyst recommendations include 5 buy ratings and 1 hold rating, with no sell ratings.
A look at Black Diamond Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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
Analysts are optimistic about Black Diamond Group’s long-term prospects, with a solid score of 4 for Value, indicating the company’s shares are deemed to have an attractive valuation. Despite a lower score of 2 for Dividend, the company’s Growth, Resilience, and Momentum scores are all positioned at a moderate level of 3. The company operates as a holding company, offering workforce accommodation assets and modular space solutions in North America and Australia.
While Black Diamond Group may not be the top choice for dividend investors due to its score of 2 in that category, its overall outlook appears promising with a balanced scorecard. With its focus on value, growth, resilience, and momentum, the company seems well-positioned to capitalize on opportunities in workforce accommodation and industrial rental equipment. Investors may view Black Diamond Group as a compelling investment option for the long term based on its current Smart Scores.
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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