- Scentre Group‘s full-year revenue reached A$2.64 billion, surpassing expectations with a 5.1% increase from last year.
- The estimated revenue was A$2.26 billion, indicating a notable outperformance.
- Net operating income totaled A$2.03 billion, marking a 4% rise compared to the previous year.
- The company announced a final distribution per security of A$0.0860.
- Analyst recommendations include 5 buys, 4 holds, and 1 sell for Scentre Group.
- All figures and comparisons are based on the company’s original disclosures.
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A look at Scentre Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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
With a solid overall outlook according to Smartkarma Smart Scores, Scentre Group seems positioned for a promising long-term future. The company scores high in both the Value and Dividend categories, indicating strong fundamentals and attractive returns for investors. Additionally, its Momentum score reflects a positive trend in market performance, suggesting continued growth potential.
Although scoring slightly lower in Growth and Resilience factors, Scentre Group‘s established presence in retail real estate properties, particularly in Australia and New Zealand, provides a stable foundation for future development. With a strategic focus on the management, leasing, and marketing of its Westfield branded shopping centers, Scentre Group appears well-equipped to navigate market challenges and capitalize on growth opportunities in the retail 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.
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