Earnings Alerts

Porto Seguro SA (PSSA3) Earnings: February Auto Insurance Premiums Hit R$1.3B, Up 8.3% Year-over-Year

  • Porto Seguro reported auto insurance written premiums of R$1.3 billion for February.
  • There was an 8.3% increase in written premiums compared to the same month last year.
  • The auto insurance loss ratio increased to 65.3% from 58.9% year-over-year.
  • Analyst recommendations included 10 buy ratings, 3 hold ratings, and no sell ratings.

A look at Porto Seguro SA Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.8

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

Porto Seguro SA, a company that offers life and property/casualty insurance in Brazil and Uruguay, has received notably positive ratings on various factors according to Smartkarma Smart Scores. With a solid score in Dividends, Growth, Resilience, and Momentum, Porto Seguro SA appears to be on a promising trajectory for the long term. These scores indicate a favorable outlook for the company across these key aspects, suggesting stability, growth potential, and a strong market presence.

Investors looking at Porto Seguro SA may find reassurance in the high marks for Dividend, Growth, Resilience, and Momentum. These scores reflect positively on the company’s financial health, growth prospects, and ability to weather market turbulence. With a balanced profile across these key metrics, Porto Seguro SA seems to be positioned well for steady performance and potential opportunities for investors seeking long-term value in the insurance sector.


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