[ad_1]
Abu Dhabi National Oil Distribution Company PJSC (ADX: ADNOCDIST) third quarter 2022 results
Key Financial Results
- Revenue: د.إ8.55b (up 58% from Q3 2021).
- Net income: EUR 766.8 million (+45% compared to Q3 2021).
- Margin: 9.0% (in line with Q3 2021).
- Earnings per share: $0.061 (up from $0.042 in Q3 2021).
All data shown in the table above is for the last 12 months (TTM) period
Abu Dhabi National Oil Company distribution PJSC revenue and earnings beat expectations
Revenue beat analyst estimates by 4.5%. Earnings per share (EPS) also beat analysts’ expectations by 9.5%.
Looking ahead, revenue is expected to grow at an average annual rate of 5.4% over the next 3 years, compared to the 12% growth forecast for the Asian specialty retail industry.
The market is now United Arab Emirates.
Shares of the company were largely unchanged from a week ago.
Risk Analysis
Before you proceed to the next step, you should understand 3 Warning Signs of Abu Dhabi National Oil Company for Distribution PJSC (1 is a bit worrying!) We’ve found out.
Valuation is complicated, but we’re helping make it simple.
find out if Abu Dhabi National Oil Company to allocate PJSC May be over or underestimated by viewing our comprehensive analysis, which includes Fair Value Estimates, Risks and Warnings, Dividends, Insider Trading and Financial Condition.
Have feedback on this article? Care about content? keep in touch Contact us directly. Alternatively, email the editorial team at simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based solely on historical data and analyst forecasts using an unbiased methodology and our articles are not intended to provide financial advice. It does not constitute advice to buy or sell any stock and does not take into account your objectives or your financial situation. Our goal is to bring you long-term focused analytics driven by fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Wall Street has no positions in any of the stocks mentioned.
[ad_2]
Source link