- In the third quarter, K-Bro Linen’s revenue reached C$155.9 million, surpassing estimates of C$153.3 million.
- The revenue shows a significant year-on-year increase of 49%.
- Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 40% year-on-year to C$32.0 million.
- Earnings per share (EPS) decreased to C$0.684 from C$0.771 in the previous year.
- The company currently has a strong market sentiment with 5 buy recommendations, 1 hold, and no sell recommendations.
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A look at K-Bro Linen Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
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
Analyzing K-Bro Linen Inc.’s overall outlook based on Smartkarma Smart Scores, the company seems to have a positive long-term future ahead. With a strong score in Growth and Value, K-Bro Linen appears to be well-positioned for expansion and offers good value for investors. Despite average scores in Dividend, Resilience, and Momentum, the company’s focus on growth shows promise for its future performance.
K-Bro Linen Inc. owns and operates laundry and linen processing facilities in Canada, processing and distributing various types of linen. With high scores in Growth and Value, investors may see potential in the company’s future prospects, while its moderate scores in Dividend, Resilience, and Momentum indicate areas for improvement to solidify its position in the market.
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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