Earnings Alerts

Carrefour SA (CA) Earnings: Carrefour Brasil 2Q Net Income Surges 20%, Exceeding Estimates

  • Carrefour Brasil’s second-quarter net income reached R$395 million, marking a 20% increase compared to the previous year.
  • The company outperformed financial expectations, as the net income estimate was R$258 million.
  • Total revenue for the quarter amounted to R$31.23 billion, showing a year-over-year growth of 5.4%.
  • This total revenue figure surpassed the estimated R$30.95 billion.
  • Net sales were reported at R$29.24 billion, which is a 4.3% increase from the previous year.
  • Analyst recommendations for Carrefour Brasil include 1 buy, 6 holds, and 0 sell ratings.

A look at Carrefour SA Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.4

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

Carrefour SA, a leading retail player with a vast network of supermarkets, hypermarkets, and other store formats across multiple continents, appears to have a promising long-term outlook based on Smartkarma Smart Scores. The company scores well in dividend distribution, receiving a top score of 5, indicating a strong commitment to rewarding shareholders. In terms of value, Carrefour SA also performs admirably with a score of 4, reflecting a solid financial position in relation to its market price.

While the company shows strength in dividend yield and financial value, its growth, resilience, and momentum scores suggest a more moderate outlook. With growth and momentum scores of 3, Carrefour SA demonstrates potential for development but may face competitive challenges in these areas. Additionally, a resilience score of 2 indicates that the company may be somewhat vulnerable to market fluctuations. Overall, Carrefour SA‘s well-established presence and strong dividend policy position it as a competitive player in the retail sector with opportunities for future growth and enhancement.


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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