share_log

Tidewater's (NYSE:TDW) Earnings Are Weaker Than They Seem

Tidewater's (NYSE:TDW) Earnings Are Weaker Than They Seem

Tidewater(紐約證券交易所代碼:TDW)的收益比看起來要弱
Simply Wall St ·  05/10 06:13

Tidewater Inc.'s (NYSE:TDW) stock was strong after they recently reported robust earnings. However, our analysis suggests that shareholders may be missing some factors that indicate the earnings result was not as good as it looked.

Tidewater Inc. 's(紐約證券交易所代碼:TDW)的股票在最近公佈了強勁的收益後表現強勁。但是,我們的分析表明,股東可能遺漏了一些表明盈利業績不如預期的因素。

earnings-and-revenue-history
NYSE:TDW Earnings and Revenue History May 10th 2024
紐約證券交易所:TDW 收益和收入歷史記錄 2024 年 5 月 10 日

The Impact Of Unusual Items On Profit

不尋常物品對利潤的影響

For anyone who wants to understand Tidewater's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from US$16m worth of unusual items. While we like to see profit increases, we tend to be a little more cautious when unusual items have made a big contribution. When we crunched the numbers on thousands of publicly listed companies, we found that a boost from unusual items in a given year is often not repeated the next year. And that's as you'd expect, given these boosts are described as 'unusual'. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is).

對於任何想了解Tidewater超出法定數字的利潤的人來說,值得注意的是,在過去的十二個月中,從價值1600萬美元的不尋常物品中獲得了法定利潤。雖然我們希望看到利潤增加,但當不尋常的物品做出重大貢獻時,我們往往會更加謹慎一些。當我們計算數千家上市公司的數字時,我們發現,特定年份中不尋常的項目所帶來的提振通常不會在第二年重演。這正如你所預料的那樣,因爲這些增強被描述爲 “不尋常”。假設這些不尋常的項目在本年度不會再次出現,因此我們預計明年的利潤將疲軟(也就是說,在業務沒有增長的情況下)。

That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.

這可能會讓你想知道分析師對未來盈利能力的預測。幸運的是,您可以單擊此處查看根據他們的估計描繪未來盈利能力的交互式圖表。

Our Take On Tidewater's Profit Performance

我們對Tidewater盈利表現的看法

Arguably, Tidewater's statutory earnings have been distorted by unusual items boosting profit. Because of this, we think that it may be that Tidewater's statutory profits are better than its underlying earnings power. The silver lining is that its EPS growth over the last year has been really wonderful, even if it's not a perfect measure. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. So while earnings quality is important, it's equally important to consider the risks facing Tidewater at this point in time. For example - Tidewater has 3 warning signs we think you should be aware of.

可以說,Tidewater的法定收益被提高利潤的不尋常項目所扭曲。因此,我們認爲Tidewater的法定利潤可能好於其基礎盈利能力。一線希望是,儘管這不是一個完美的衡量標準,但其去年的每股收益增長確實非常出色。歸根結底,如果你想正確地了解公司,必須考慮的不僅僅是上述因素。因此,儘管收益質量很重要,但考慮Tidewater目前面臨的風險同樣重要。例如,Tidewater 有 3 個警告標誌,我們認爲你應該注意。

Today we've zoomed in on a single data point to better understand the nature of Tidewater's profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks that insiders are buying.

今天,我們放大了單個數據點,以更好地了解Tidewater利潤的性質。但是,還有很多其他方法可以讓你對公司的看法。例如,許多人認爲高股本回報率是有利的商業經濟的標誌,而另一些人則喜歡 “關注資金”,尋找內部人士正在買入的股票。因此,你可能希望看到這份免費收藏的擁有高股本回報率的公司,或者這份內部人士正在購買的股票清單。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
    搶先評論