- ERG reported an Adjusted EBITDA of €128 million for the second quarter, surpassing the estimated €120.5 million.
- The company’s Adjusted EBIT stood at €60 million, exceeding the forecasted €51.2 million.
- Adjusted revenue for the period was reported at €181 million.
- Analyst recommendations include 3 buy ratings, 7 hold ratings, and 1 sell rating.
A look at ERG SpA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
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 in the renewable energy sector, has received favorable Smart Scores across various aspects of its performance. With a solid Dividend score of 5, the company is considered strong in terms of its dividend policy and payouts to investors. Additionally, scoring a 4 in both Value and Resilience reflects ERG SpA‘s attractive valuation and ability to weather market challenges. While Growth and Momentum scores of 3 each suggest moderate performance in these areas, the company’s overall outlook appears promising for long-term investors.
Specializing in renewable energy generation, ERG SpA operates wind power plants across multiple European countries and thermal generation power plants in Italy. In addition, the company is involved in the marketing of petroleum products in Italy to various sectors. The combination of high Dividend and Resilience scores positions ERG SpA as a strong contender in the renewable energy industry, indicating potential for stable returns and sustainable growth in the future.
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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