- Localiza’s third quarter revenue was R$10.73 billion, surpassing the estimate of R$10.52 billion.
- The net income reported for the same period was R$258.1 million.
- EBITDA was noted at R$3.41 billion, slightly below the estimate of R$3.46 billion.
- The EBITDA margin stood at 27.2%.
- The EBIT was recorded at R$1.33 billion, under the estimated R$1.86 billion.
- The company’s net debt was R$31.10 billion.
- Localiza’s fleet size amounted to 634,731 vehicles.
- There are currently 16 buy ratings, 2 hold ratings, and no sell ratings for the company.
A look at Localiza Rent A Car Sa Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| 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
Localiza Rent a Car SA, a company that rents automobiles primarily in Brazil and Latin America, has received a positive overall outlook based on Smartkarma Smart Scores. With a Value score of 3, Dividend score of 4, Growth score of 3, Resilience score of 3, and Momentum score of 3, Localiza seems to have a promising long-term outlook. The company’s strong Dividend score indicates a good potential for consistent dividend payments to shareholders, while its Resilience score suggests a stable performance even in challenging market conditions.
Furthermore, Localiza’s focus on fleet management services and selling used cars adds to its Growth potential. The company’s presence at airport locations enhances its Momentum score, indicating a positive trend in operational performance. Overall, with a balanced set of Smart Scores, Localiza Rent a Car Sa appears well-positioned for sustained growth and value creation in the foreseeable 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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