- Vienna Insurance has increased its full-year pre-tax profit forecast.
- The new pre-tax profit expectation is between €1.10 billion and €1.15 billion.
- This is an improvement from the previous range of €950 million to €1.00 billion.
- The market estimate was set at €1.04 billion, which Vienna Insurance has surpassed.
- The updated guidance is based on the financial performance from the first to the third quarter.
- Market sentiment includes three buy ratings, two hold ratings, and one sell rating for the company.
A look at Vienna Insurance Group Ag Wien Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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
Vienna Insurance Group AG Wiener Versicherung Gruppe, an Austrian insurance company, is poised for a promising future based on its Smartkarma Smart Scores. With strong scores across various factors – Value, Dividend, Growth, Resilience, and Momentum, the company is positioned well for long-term success. The high scores indicate positive outlooks for these key aspects, reflecting a robust performance by Vienna Insurance Group.
Specializing in property and casualty, life, healthcare, and reinsurance, Vienna Insurance operates through a widespread network in Austria and Eastern Europe. The consistently high scores across different metrics suggest a solid foundation for the company’s operations, paving the way for sustained growth and stability in the insurance 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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