Earnings Alerts

Iveco Group (IVG) Earnings: First Quarter Revenue Falls Short of Estimates

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  • Iveco’s first-quarter consolidated revenue was reported at €3.03 billion, falling short of the estimated €3.31 billion.
  • The company experienced negative industrial free cash flow amounting to €794 million.
  • Net revenue from industrial activities reached €2.96 billion, which is below the €3.26 billion estimate.
  • The financial analysis includes 7 buy ratings, 5 hold ratings, and no sell ratings for the company.

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A look at Iveco Group Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE4.0

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

According to Smartkarma’s analysis, Iveco Group shows a promising outlook for the long term. With a strong score of 5 in Growth and Momentum, the company is positioned for expansion and upward trajectory. This indicates that Iveco Group has solid potential for future development and market performance.

While the Value score of 4 suggests that Iveco Group is reasonably valued, the Resilience score of 3 implies a moderate capacity to weather challenges. Additionally, the Dividend score of 3 indicates a moderate dividend potential for investors. Overall, with a notable emphasis on growth and momentum, Iveco Group appears to be well-positioned for long-term success in the automobile industry.

Summary: Iveco Group N.V. operates in the automobile sector, specializing in the design and manufacturing of a variety of commercial vehicles. The company’s global reach allows it to serve customers worldwide with its diverse range of heavy, medium, and light-duty transport solutions.


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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