Earnings Alerts

Singtel (ST) Earnings: Net Income Surges Despite Slight Revenue Dip in 1Q

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  • Singtel‘s operating revenue for the first quarter is S$3.39 billion, which is a slight decrease of 0.6% compared to the same period last year, where it was S$3.41 billion.
  • The company reported a significant increase in net income, reaching S$2.88 billion compared to S$690 million in the previous year.
  • EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose by 1.3%, amounting to S$990 million.
  • In the analysis of Singtel‘s stock, there are 15 buy ratings, 2 hold ratings, and 1 sell rating.

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Singtel on Smartkarma



Analyzing analyst coverage of Singtel on Smartkarma shows a cautious sentiment prevailing. Joe Jasper, in his report titled “Odds of a Prolonged Downturn Are Rising; We Are Cautious; Get Defensive“, emphasizes the risks associated with the current market dynamics. He points out that the $115 support level on ACWI-US is at risk of breakdown, indicating a potentially more extended downturn in global equities. Jasper recommends a defensive stance, especially in sectors like Telecommunications and Utilities, due to the increased likelihood of a sustained market decline.

This insightful research by Joe Jasper on Smartkarma mirrors a guarded outlook on Singtel‘s performance. With a bull lean, Jasper’s analysis serves as a cautionary flag amidst the evolving economic landscape. Investors following Singtel should take note of the escalating odds of a prolonged market downturn highlighted by Jasper, and consider defensive strategies to navigate potential challenges ahead in the telecommunications sector and beyond.



A look at Singtel Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.6

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

Based on the Smartkarma Smart Scores for Singtel, the long-term outlook for the company appears promising. With strong ratings in Dividend, Growth, Resilience, and Momentum, Singtel seems to be well-positioned for the future. A high Dividend score indicates that the company is stable in terms of rewarding its shareholders, while the Growth, Resilience, and Momentum scores suggest a positive overall performance trajectory. Singtel‘s focus on providing wireless telecommunication services, along with fixed, mobile, data, internet, TV, and digital solutions, enhances its appeal to customers globally.


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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