Earnings Alerts

Sacyr SA (SCYR) Earnings: 1H Ebit Surpasses Estimates with EU463.9 Million

  • Sacyr’s Earnings Before Interest and Taxes (Ebit) for the first half of the year is reported at €463.9 million, exceeding analyst estimates of €446 million, but down by 23% compared to the previous year.
  • The company recorded a net income of €30.5 million, which represents a 41% decline year-over-year.
  • Earnings Before Interest, Taxes, Depreciation, and Amortization (Ebitda) slightly decreased by 1.6% year-over-year, reaching €646.9 million.
  • Pretax profit for the period is noted at €203.5 million.
  • The current analyst ratings include 14 buys, 1 hold, and no recommendations to sell the stock.

A look at Sacyr SA Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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

Analysts at Smartkarma have assessed Sacyr SA‘s long-term outlook based on its Smart Scores. The company garnered a solid score of 4 for Growth and Momentum, indicating positive indicators in these areas. Sacyr SA‘s focus on expanding and enhancing its operations and market presence seems to be well-received by analysts, suggesting potential growth opportunities in the future.

However, the company received lower scores in Value and Resilience, with scores of 3 and 2 respectively. This may signal areas where Sacyr SA could improve to enhance its overall financial health and stability. Despite these challenges, the company’s balanced scores across different criteria show a mix of strengths and weaknesses that investors should consider when evaluating Sacyr SA as a potential investment.

Summary: Sacyr S.A. is a company based in Spain that offers construction services, operates concessions, and develops and rents various real estate properties. Its diverse portfolio includes housing, office spaces, shopping malls, hotels, and more, along with building maintenance services and real estate administration and marketing.


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.


 

💡 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

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