- Poste Italiane‘s adjusted EBIT for Q2 is EU864 million, surpassing the estimate of EU787.7 million.
- The company’s total revenue for the quarter is EU3.26 billion, slightly above the estimated EU3.2 billion.
- Revenue from Mail, Parcel & Distribution is EU960 million, slightly below the forecast of EU961.7 million.
- Financial Services revenue is EU1.43 billion, exceeding the estimate of EU1.38 billion.
- Insurance Services have brought in EU464 million, outperforming the estimated EU436.6 million.
- Postepay Services generate EU404 million in revenue, which is slightly below the estimate of EU407.3 million.
- Net income for the period stands at EU572 million, above the projected EU539 million.
- Analyst recommendations include 8 buys, 7 holds, and 1 sell.
A look at Poste Italiane Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
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
Poste Italiane SpA, known for its strong dividend and growth potential, is poised for a promising long-term outlook. With a top score in dividends and solid ratings in growth and momentum, investors have reason to be optimistic. The company’s resilience and value also present favorable factors, indicating a well-rounded performance. Poste Italiane, with its diverse offerings in insurance, financial, and postal services, continues to cater to a wide customer base across Italy.
Given its impressive Smart Scores, Poste Italiane appears well-positioned to capitalize on its strengths and navigate potential challenges in the market. Investors may find the company attractive for its robust dividend policy, growth prospects, and overall stability. As Poste Italiane expands its services and maintains its resilience, it presents itself as a compelling option for long-term investment consideration.
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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