Earnings Alerts

Brembo SpA (BRE) Earnings: 2Q Net Income and EBIT Fall Short of Estimates

  • Brembo’s net income for the second quarter was 46.7 million euros, falling short of the estimated 60.6 million euros.
  • The company’s EBIT (Earnings Before Interest and Taxes) was reported at 79.0 million euros, below the forecasted 90.1 million euros.
  • EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for Brembo amounted to 147.6 million euros, missing the estimate of 160.6 million euros.
  • Revenue for the quarter was 924.0 million euros, which did not meet the estimated 966.8 million euros.
  • Analyst ratings for Brembo include 4 buy recommendations and 7 hold recommendations, with no sell recommendations.

A look at Brembo SpA Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.6

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

When considering the long-term outlook for Brembo S.p.A, the company shows promising potential based on the Smartkarma Smart Scores. With a solid score in Growth and Resilience, Brembo is positioned for sustained development and stability in the industry. Additionally, the company’s Momentum score reflects positive market momentum, indicating a favorable trajectory for future performance.

Brembo S.p.A, known for designing and manufacturing disc braking systems and components for various vehicle types, has received respectable scores in key areas such as Value and Dividend. This suggests that investors can find value in the company’s offerings along with potential dividends. Overall, with its diverse product range and international market presence, Brembo S.p.A appears to be on a promising path 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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