Earnings Alerts

Enel SpA (ENEL) Earnings: FY Net Income Surpasses Estimates with Strong Ebitda Growth

  • Enel’s adjusted net income for the fiscal year is €7.14 billion, marking a 9.6% increase year-over-year, surpassing the estimated €6.87 billion.
  • The company reported an adjusted EBITDA of €22.80 billion, which is a 3.8% rise from the previous year and slightly above the estimated €22.77 billion.
  • Total EBITDA stood at €24.07 billion, showing a significant 19% increase from the prior fiscal year.
  • Net income improved to €7.02 billion compared to €3.44 billion from the year before.
  • Revenue dropped by 17% to €78.95 billion, falling short of the projected €92.71 billion.
  • A dividend per share of €0.47 is announced, slightly above the estimated €0.46.
  • The company invested €10.82 billion in capital expenditures during the fiscal year.
  • Net debt decreased by 7.3% to €55.77 billion, marginally missing the forecasted €54.87 billion.
  • The increase in net income is primarily due to enhanced performance in ordinary operations and reduced net financial expenses.
  • The market response includes 25 buy recommendations and 5 hold recommendations, with no sell recommendations.

A look at Enel SpA Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
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

Enel SpA, a multinational power company with operations in Europe and Latin America, holds a solid long-term outlook based on its Smartkarma Smart Scores. With a strong emphasis on dividends and growth, Enel SpA scores high in these areas. The company’s robust dividend score of 5 reflects its commitment to rewarding shareholders, while a growth score of 4 indicates promising prospects for expansion and development in the future. These factors contribute positively to Enel SpA‘s overall outlook for sustained performance in the energy industry.

In contrast, Enel SpA scores lower in resilience and momentum, with scores of 2 and 3 respectively. This suggests some challenges in terms of adaptability to market changes and maintaining a steady growth trajectory. However, the company’s solid foundation in value, growth, and dividends positions it well for long-term success and stability in the competitive energy sector.


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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