Earnings Alerts

Sizable Surge in Axiata Group (AXIATA) Earnings: Q1 Net Income Skyrockets YoY

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  • XL Axiata’s net income in Q1 2024 hits 539.07B Rupiah, showing substantial growth from 200.89B Rupiah in the same period the previous year.
  • Revenue comes in at substantial 8.44 trillion Rupiah.
  • Earnings per share (EPS) swell to 41 Rupiah, a significant jump from the last year’s figure of 16 Rupiah.
  • Xl Axiata forecasts an approximate EBITDA margin of 50% for the year.
  • The company anticipates its capital expenditure to be around 8 trillion Rupiah, contrary to an estimated expenditure of 10.25 trillion Rupiah previously.
  • For the full year, there is a guidance of high single-digit revenue growth.
  • Recommendations for XL Axiata stocks show a strong positive outlook, with 28 buys, 7 holds and 0 sells.
  • All the comparisons to past results are based on values given by the company’s original disclosures.

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A look at Axiata Group Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth2
Resilience2
Momentum5
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 provided an insightful overview of Axiata Group‘s long-term prospects based on their Smart Scores. According to the ratings, the company demonstrates a solid dividend performance with a score of 4, indicating a strong outlook for dividend returns. However, in terms of growth potential, Axiata Group received a score of 2, suggesting room for improvement in this area. Similarly, the resilience and momentum of the company were rated at 2 and 5 respectively, showcasing varying degrees of stability and market movement.

Axiata Group Berhad, a prominent telecommunications company, primarily focuses on delivering telecommunications and related services. With a balanced mix of scores across various critical factors, including value, dividend, growth, resilience, and momentum, the company presents a nuanced outlook for investors to consider in their long-term investment strategies.


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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