- ECN Capital reported an adjusted EBITDA of $40.6 million for the third quarter.
- The adjusted EBITDA surpassed the estimated figure of $37.1 million.
- The company achieved new originations totaling $826.8 million during the period.
- Operating expenses for the quarter were $34.0 million.
- Adjusted basic earnings per share from continuing operations were 6.0 cents.
- Analyst recommendations include 2 buy ratings and 3 hold ratings, with no sell ratings.
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A look at Ecn Capital Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.4 |
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
According to Smartkarma’s Smart Scores, ECN Capital Corp. has a mixed long-term outlook. The company scores moderately in Value, Dividend, and Growth factors with a score of 2 out of 5 for each. However, it shows stronger resilience with a score of 3, indicating a relatively stable performance in challenging market conditions. Moreover, ECN Capital demonstrates momentum with a score of 3, suggesting a positive trend in its business performance.
ECN Capital Corp. operates as an independent commercial finance company, offering financing and leasing solutions to various sectors, including manufacturers, dealers, distributors, and end-users of capital equipment. The company specializes in Rail and Commercial Aviation Finance, managing portfolios of finance assets through origination, arrangement, funding, and security measures. While Smartkarma’s Smart Scores highlight areas for potential improvement, ECN Capital’s focus on diverse industries and asset management positions it for growth and stability in the long run.
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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