- ERG’s adjusted EBIT for the third quarter rose to €51 million, marking a 19% increase year-over-year, and surpassed the estimated €46.9 million.
- Adjusted EBITDA reached €119 million, representing a 9.2% increase compared to the previous year.
- The company’s adjusted net income totaled €27 million, up 8% from the previous year.
- Adjusted revenue grew to €176 million, showing a 13% rise year-over-year.
- Analyst recommendations include 4 buy ratings, 6 hold ratings, and 1 sell rating for ERG’s stock.
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A look at ERG SpA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.6 |
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
ERG SpA, a company focused on generating renewable energy, seems to have a promising long-term outlook based on its Smartkarma Smart Scores. With high scores in Dividend, Growth, and Momentum, ERG SpA is positioned well for future success. The company’s strong performance in these key areas reflects its ability to provide consistent returns to investors, drive expansion, and maintain a positive market momentum. Additionally, ERG’s focus on resilience and value further enhances its attractiveness as an investment opportunity, indicating a well-rounded approach to sustainable growth.
Overall, ERG SpA appears to be a solid investment choice with positive indicators across various aspects of its operations. By excelling in dividend payouts, growth potential, market momentum, and demonstrating resilience, ERG showcases a robust foundation for long-term success in the renewable energy sector. With a diversified portfolio of wind power plants across Europe and a presence in the petroleum products market in Italy, ERG’s strategic positioning and strong performance metrics make it a company to watch for potential investors seeking stable and growing returns.
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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