Earnings Alerts

Storskogen Group AB (STORB) Earnings: 1Q Sales and EPS Miss Estimates

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  • Storskogen’s first-quarter sales totaled SEK7.94 billion, falling short of the estimated SEK8.14 billion.
  • Industry segment net sales reached SEK3.58 billion, slightly above the projected SEK3.55 billion.
  • Services segment net sales were SEK2.13 billion, missing the forecasted SEK2.31 billion.
  • Earnings per share (EPS) were reported at SEK0.12, which was below the estimate of SEK0.20.
  • Earnings before interest and taxes (Ebit) amounted to SEK503 million, under the expected SEK577.2 million.
  • Profit after tax was SEK216 million.
  • Analyst recommendations included 6 buys, 1 hold, and no sell ratings.

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A look at Storskogen Group AB Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth3
Resilience3
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

Storskogen Group AB, an investment company operating in Sweden, has received promising Smart Scores across various categories. With a strong Value score of 4 and Momentum score of 4, Storskogen Group seems to be positioned well for long-term growth. The company’s focus on acquiring and operating profitable businesses with strong market positions highlights a strategy that values sustainable growth and stability. Additionally, with respectable scores in Growth and Resilience at 3, Storskogen Group appears to have a balanced outlook for the future.

In contrast, the Dividend score of 2 for Storskogen Group suggests that the company may not be prioritizing dividend payouts as much as other factors. However, the overall positive Smart Scores indicate that Storskogen Group AB is on a solid path for continued success and development in the long term. Investors looking for a company with a strong value proposition and growth potential may find Storskogen Group AB an attractive option to consider.


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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