Earnings Alerts

Porto Seguro SA (PSSA3) Earnings: June Auto Written Premiums Rise 4.1% to R$1.27B

  • Porto Seguro reported auto written premiums of R$1.27 billion for June.
  • This reflects a 4.1% increase compared to the same period last year, when premiums were R$1.22 billion.
  • The auto insurance loss ratio for the current period is 57.7%.
  • This is an increase from the previous year’s loss ratio of 55.3%.
  • Current stock analyst ratings for Porto Seguro include 8 buy recommendations and 4 hold recommendations.
  • No sell recommendations have been registered for Porto Seguro.

A look at Porto Seguro SA Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
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

Porto Seguro SA, a leading insurance provider offering a range of life and property/casualty coverage in Brazil and Uruguay, is positioned for long-term success based on its Smartkarma Smart Scores. While the company’s value score indicates room for improvement, its growth score stands out as a significant strength, signaling promising potential for future expansion and revenue generation. With solid scores in resilience and momentum, Porto Seguro demonstrates stability and positive market sentiment, bolstering its overall outlook in the insurance industry.

In summary, Porto Seguro SA is a well-established insurance company with a diverse portfolio of offerings that cater to various insurance needs. Leveraging its high growth score, the company is poised for significant advancement in the market. Additionally, its strong resilience and momentum scores reflect a stable and positive trajectory for Porto Seguro, boding well for its long-term performance and competitiveness in the industry.


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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