Earnings Alerts

Terna – Rete Elettrica Nazionale (TRN) Earnings: 2Q Revenue Surpasses Estimates with Strong Growth

  • Terna’s second quarter revenue was €992.4 million, an 11% year-over-year increase, surpassing the estimated €970.6 million.
  • First half revenue reached €1.89 billion, slightly exceeding the estimate of €1.87 billion.
  • Ebitda for the first half was €1.36 billion, higher than the projected €1.34 billion.
  • Ebit totaled €913.0 million, outperforming the estimate of €889.7 million.
  • Net income stood at €587.7 million, above the estimated €567.5 million.
  • Analyst recommendations include 4 buys, 12 holds, and 3 sells.

A look at Terna – Rete Elettrica Nazionale Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth4
Resilience3
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, Terna – Rete Elettrica Nazionale is positioned for a promising long-term outlook. With a solid Dividend score of 5, investors can expect attractive returns from the company’s dividend payments. Additionally, a Growth score of 4 signifies potential for expansion and development in the future. The company’s Momentum score of 4 indicates positive market sentiment and upward trends. While Value scores 2 on the lower end, the overall outlook remains positive given the strong performance in Dividend, Growth, and Momentum.

Terna – Rete Elettrica Nazionale SpA, a key player in Italy’s electricity transmission sector, holds a crucial role in transmitting electricity across the national grid. As an owner of a significant portion of the high-voltage and extra-high voltage grid, the company plays a vital role in ensuring the efficient and reliable distribution of electricity throughout Italy. With a diverse range of subsidiaries under its umbrella, Terna is well-positioned to capitalize on the country’s energy demands and infrastructure needs, making it a compelling investment option for those eyeing the energy sector.

**Summary**: Terna – Rete Elettrica Nazionale SpA transmits electricity over the high-voltage and extra-high voltage grid in Italy. Through subsidiaries, the Company owns a substantial share of the national electricity transmission grid.


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