Earnings Alerts

LTIMindtree (LTIM) Earnings: 4Q Results Fall Short of Estimates but Shares Rise 5%

  • LTIMindtree‘s net income for Q4 was 11.29 billion rupees, falling short of the estimated 11.65 billion rupees.
  • The company’s revenue reached 97.72 billion rupees, missing the estimate of 98.68 billion rupees.
  • EBITDA for the quarter was reported at 15.96 billion rupees, below the forecasted 17.05 billion rupees.
  • The EBITDA margin was recorded at 16.3%, lower than the anticipated 17.6%.
  • The EBIT margin stood at 13.8%, compared to the expected 15%.
  • Attrition rate was 14.4% for the period.
  • LTIMindtree employed 84,307 people, not meeting the estimated 88,313 employees.
  • The company secured an order inflow of $1.60 billion.
  • Despite these misses, LTIMindtree‘s shares rose by 5% to 4,537 rupees with 1.16 million shares traded.
  • Analyst recommendations include 23 buys, 11 holds, and 8 sells.

A look at LTIMindtree Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.4

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

LTIMindtree Limited, a provider of information technology services, seems to have a bright long-term outlook based on the Smartkarma Smart Scores. With a high Dividend score of 5, investors can expect a stable and attractive dividend yield from the company. Additionally, LTIMindtree scores well in terms of Resilience and Momentum, with scores of 4 and 3 respectively, indicating a strong ability to weather market fluctuations and maintain positive growth trends.

While the Value and Growth scores are not as high, at 2 and 3 respectively, the overall outlook for LTIMindtree appears positive. The company’s range of services, including analytics, cloud computing, and consulting, positions it well to continue serving its global customer base effectively. In summary, LTIMindtree‘s strong dividend performance, coupled with its resilience and momentum, suggest a promising future for the company in the long run.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars