- Emaar Development’s profit in the second quarter was 1.84 billion dirhams.
- This profit figure fell short of the estimated 2.17 billion dirhams.
- Revenue for the same period was reported at 4.91 billion dirhams.
- This revenue also missed expectations, which were set at 5.65 billion dirhams.
- Earnings per share (EPS) stood at 0.46 dirhams.
- The EPS was lower than the estimated 0.51 dirhams.
- Analyst recommendations include 11 “buy” ratings, 1 “hold,” and no “sell” ratings.
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A look at Emaar Development PJSC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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
Investors looking at Emaar Development PJSC see a promising future ahead based on its Smartkarma Smart Scores. With a Growth score of 4 and a Resilience score of 5, the company is positioned well for long-term success. Emaar Development’s strong momentum score of 5 further indicates positive market sentiment towards its future prospects.
Emaar Development PJSC, a real estate development company operating in the United Arab Emirates, has earned a Value score of 3 and Dividend score of 3. While these scores indicate good but not exceptional performance in these areas, the overall outlook for the company remains buoyant due to its impressive Growth, Resilience, and Momentum scores.
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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