- Epiroc’s 1Q adjusted operating profit was SEK2.89 billion, lower than the estimated SEK2.99 billion.
- The company’s orders amounted to SEK14.16 billion, also missing the estimate of SEK14.83 billion.
- Revenue reached SEK14.14 billion, falling short of the estimated SEK14.4 billion.
- Operating profit was SEK2.76 billion, below the estimated SEK3 billion.
- Operating margin stood at 19.5%, compared to an estimate of 20.6%.
- Epiroc’s organic revenue saw a growth of +3%, slightly above the estimated +2.98%.
- The earnings per share (EPS) for the company was SEK1.66.
- In the CEO’s comment, it was noted that the underlying mining demand, both for equipment and aftermarket, is expected to remain at a high level in the near term.
- However, the demand from construction customers is expected to remain soft, as per the CEO’s statement.
- The company currently has 5 buys, 13 holds, and 7 sells on its stock.
A look at Epiroc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
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 Smart Scores, Epiroc’s long-term outlook appears promising. With a solid Growth score of 4, the company is positioned well for future expansion and development within the construction and mining machinery sector. Additionally, Epiroc’s Momentum score of 4 indicates strong market momentum, suggesting positive performance trends in the near term.
While Epiroc receives slightly lower scores in Value and Dividend at 2 and 3 respectively, its Resilience score of 3 showcases the company’s ability to weather economic fluctuations and maintain stability. Overall, Epiroc Aktiebolag, a global provider of a wide range of machinery and tools for construction and mining, shows promise for sustained growth and performance in the coming years.
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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