Earnings Alerts

Cencosud SA (CENCOSUD) Earnings: 2Q Revenue Aligns with Estimates Despite Decline in Operating Profit

  • Cencosud’s second-quarter revenue met expectations, reaching CLP4.17 trillion, a 5.3% year-over-year increase.
  • Digital revenue for the quarter was CLP420.51 billion.
  • Net income for the quarter decreased by 4.7% year-over-year, totaling CLP86.49 billion.
  • Operating profit was slightly below estimates at CLP259.50 billion, a 15% drop from the previous year.
  • Adjusted EBITDA fell by 5.5% year-over-year to CLP365.82 billion, missing the estimated CLP386.49 billion.
  • The adjusted EBITDA margin decreased to 8.8% from 9.8% in the previous year.
  • For the first half of the year, net income significantly increased to CLP195.27 billion compared to CLP68.17 billion in the previous year.
  • Analyst recommendations for Cencosud include 6 buys, 8 holds, and 1 sell.

A look at Cencosud SA Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE2.6

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

Analysts at Smartkarma have provided a comprehensive overview of Cencosud SA‘s long-term outlook, based on their Smart Scores. The company, a multi-brand retailer operating in South America with a presence in several countries, has received varying scores across different factors. While the Value and Dividend scores stand at 2, indicating moderate performance in these areas, Cencosud SA shows promising Growth potential with a score of 3. Additionally, the Momentum score of 4 suggests strong upward trends for the company. However, the Resilience score of 2 implies some room for improvement in terms of stability and robustness.

Cencosud SA, headquartered in Chile, operates across diverse formats such as supermarkets, home improvement stores, shopping centers, and department stores. With operations spanning Chile, Argentina, Brazil, Colombia, and Peru, the company has established a significant presence in the South American retail sector. The overall outlook for Cencosud SA, as indicated by the Smart Scores, reflects a mixed but optimistic picture, with notable strengths in growth potential and momentum, offset by areas of improvement in value and resilience.


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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