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Banco BPM SpA (BAMI) Earnings: Q2 Net Income and Revenue Surpass Estimates

By | Earnings Alerts





Banco BPM 2Q Highlights

  • Net Income: €379.9 million (Estimate: €368.5 million)
  • Revenue: €1.36 billion (Estimate: €1.34 billion)
  • Net Interest Income: €858.4 million (Estimate: €850.9 million)
  • Net Fee & Commission Income: €499.8 million
  • Operating Expense: €669.9 million (Estimate: €669.3 million)
  • Analyst Recommendations:
    • 7 Buys
    • 6 Holds
    • 3 Sells



A look at Banco BPM SpA Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE4.4

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, Banco BPM SpA seems to have a positive long-term outlook. The company scores high on Value, Dividend, Growth, and Momentum factors, which indicates a strong overall performance in these areas. This suggests that Banco BPM SpA is well-positioned to provide good value to investors, offer attractive dividend yields, exhibit growth potential, and maintain upward momentum in the market.

However, the company’s score on Resilience is relatively lower, indicating a potential vulnerability to economic downturns or external shocks. Despite this, Banco BPM SpA‘s solid performance in the other key factors may help offset this weakness and contribute to its overall stability. With a focus on private and corporate banking services in Italy, Banco BPM SpA appears to be a promising investment opportunity for those seeking a well-rounded financial institution.


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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### Bosch Ltd (BOS) Earnings: 1Q Net Income Misses Estimates, Reports 14% YoY Growth###

By | Earnings Alerts
  • Bosch India reported 1Q net income of 4.66 billion rupees, which is a 14% increase year-over-year but below the estimated 5.27 billion rupees.
  • The company’s revenue for the quarter was 43.2 billion rupees, up by 3.8% year-over-year, but fell short of the estimated 44.03 billion rupees.
  • Total costs for the quarter were 38.9 billion rupees, which is an increase of 2.1% year-over-year.
  • Other income reported by Bosch India was 1.79 billion rupees, marking a decrease of 4.8% year-over-year.
  • Analyst ratings for Bosch India include 1 buy, 1 hold, and 3 sell recommendations.

A look at Bosch Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth5
Resilience5
Momentum3
OVERALL SMART SCORE4.0

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

Analysts examining Bosch Ltd‘s long-term prospects using the Smartkarma Smart Scores are optimistic about the company’s future. With top scores in Dividend, Growth, and Resilience, Bosch Ltd is perceived as a sturdy player in the market. The company’s robust Dividend score signifies its commitment to rewarding shareholders, while the high Growth and Resilience scores indicate a promising outlook in terms of expansion and ability to weather economic uncertainties. Despite a moderate Momentum score, Bosch Ltd‘s strong performance in key areas positions it favorably for sustained success.

Bosch Limited, a manufacturer of various automotive parts, showcases strengths across different aspects of its business according to the Smartkarma Smart Scores. From producing fuel injection pumps to electric power tools, Bosch demonstrates its diversification and innovation capabilities. Coupled with impressive scores in areas such as Dividend, Growth, and Resilience, Bosch Ltd appears well-positioned for long-term success and continued growth within the competitive automotive industry.


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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Pi Industries (PI) Earnings: 1Q Net Income Surpasses Estimates with 17% Growth

By | Earnings Alerts
  • PI Industries’ net income for the first quarter was 4.49 billion rupees.
  • This net income represents a 17% increase compared to the same period last year.
  • Analysts had estimated a net income of 4.07 billion rupees.
  • Revenue for the first quarter reached 20.7 billion rupees.
  • This revenue marks an 8.4% increase year-over-year.
  • Analysts had projected revenue of 21.34 billion rupees.
  • Total costs for the quarter were 15.8 billion rupees, up 3.9% from the previous year.
  • Current analyst ratings include 22 buys, 2 holds, and 5 sells.

Pi Industries on Smartkarma



Analyst coverage of Pi Industries on Smartkarma is gaining attention from top independent analysts like Brian Freitas. In his recent research report on the NIFTY NEXT50 Index Rebalance, Brian highlighted five expected changes with a bearish sentiment. He noted that these changes, including capping adjustments for non-FnO stocks, are anticipated to drive significant turnover and positioning in the market. With an estimated one-way turnover of 10.1%, translating to a substantial trade volume, the impact of these adjustments on both adds and deletes is expected to be substantial. Investors following Pi Industries may want to keep an eye on these developments as they unfold.



A look at Pi Industries Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience5
Momentum3
OVERALL SMART SCORE3.4

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 Smartkarma Smart Scores, Pi Industries seems to have a positive long-term outlook. With high scores in Growth and Resilience, the company is positioned for potential expansion and stability in the face of market challenges. The Growth score of 4 indicates strong potential for future development and profitability. Additionally, the Resilience score of 5 suggests that Pi Industries has the ability to withstand economic downturns and maintain its operations effectively.

Pi Industries also achieved moderate scores in Value and Momentum, with a Dividend score of 3. This indicates that the company may offer some value for investors and has a moderate dividend payout. While the Momentum score of 3 shows steady market traction, the company appears to be on a path of growth and sustainability in the long run. Overall, Pi Industries, a manufacturer of agricultural and fine chemicals, as well as engineering plastics, seems to be well-positioned for continued success based on the Smartkarma Smart Scores.

Summary: Pi Industries Limited manufactures agricultural and fine chemicals, plant nutrients, seeds, and engineering plastics for various industries. The company shows strengths in Growth and Resilience, positioning it for potential expansion and stability in the market.


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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Policybazaar (POLICYBZ) Earnings: PB Fintech 1Q Net Income Exceeds Estimates with 52% Revenue Growth

By | Earnings Alerts
  • PB Fintech reported a net income of 601.8 million rupees for the 1st quarter of 2024.
  • Last year, the company had a net loss of 114.2 million rupees for the same period.
  • Analysts had estimated net income to be 441.1 million rupees.
  • Total revenue for the quarter was 10.1 billion rupees, a 52% increase year-over-year.
  • Revenue estimates were 8.71 billion rupees, which PB Fintech surpassed.
  • Total costs increased by 41% year-over-year, reaching 10.8 billion rupees.
  • Adjusted EBITDA was 490 million rupees, compared to 230 million rupees last year.
  • Analysts had estimated an EBITDA loss of 190.5 million rupees.
  • Advertising and promotion costs rose by 23% year-over-year, amounting to 2.45 billion rupees.
  • Analyst recommendations: 10 buys, 5 holds, and 4 sells.

A look at Policybazaar Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience4
Momentum3
OVERALL SMART SCORE3.0

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

Policybazaar, operated by PB Fintech Limited, showcases a promising long-term outlook based on its Smartkarma Smart Scores. With a solid growth score of 5, the company demonstrates strong potential for expansion and market performance. Coupled with a resilience score of 4, Policybazaar proves its ability to weather challenges and adapt to changing market conditions effectively. Although the value score is moderate at 2, indicating room for improvement in terms of perceived worth, the overall positive momentum score of 3 suggests a favorable trajectory for the company moving forward.

Policybazaar, known for its consumer-centric online financial services platform, stands out with its high growth and resilience scores. By collaborating with insurance companies and other financial service providers, Policybazaar enhances its platform from a consumer e-commerce perspective. While the dividend score is lower at 1, emphasizing potential limitations in this area, the company’s robust overall outlook, particularly in growth and resilience, positions Policybazaar well for long-term success in the dynamic financial services industry.


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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Expeditors Intl Wash (EXPD) Earnings: Q2 EPS Misses Estimates Despite Revenue Growth

By | Earnings Alerts
  • Expeditors’ 2Q earnings per share (EPS) was $1.24, missing the estimated $1.26 and lower than last year’s $1.30.
  • Total revenue reached $2.44 billion, a significant 8.9% increase year-over-year (y/y), surpassing the estimate of $2.3 billion.
  • Airfreight services revenue surged to $860.3 million, marking a 15% increase y/y and exceeding the estimate of $758.9 million.
  • Ocean freight & ocean services revenue grew to $651.7 million, a rise of 9.7% y/y, and was above the estimated $582.4 million.
  • Customs brokerage and other services revenue came in at $927.0 million, up 3.6% y/y, ahead of the estimated $893.9 million.
  • Airfreight tonnage volume increased by 15%.
  • Ocean container volume decreased by 3%.
  • Operating income was $223.9 million, a decline of 9.9% y/y, and below the estimate of $231.2 million.
  • Analyst recommendations include 0 buys, 11 holds, and 6 sells.

A look at Expeditors Intl Wash Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.0

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

Expeditors International of Washington Inc. is a global logistics company with a Smartkarma Smart Score indicating a positive long-term outlook. With solid scores in Resilience and Momentum, the company shows strength in weathering challenges and maintaining positive performance trends over time. This suggests that Expeditors Intl Wash is well-positioned to adapt to market fluctuations and capitalize on growth opportunities.

Although scoring lower in Value and Dividend, the company’s higher scores in Growth point towards potential for expansion and development in the future. Overall, with a mix of strengths in resilience, momentum, and growth, Expeditors Intl Wash appears poised for long-term success in the competitive logistics industry.


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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Cummins India (KKC) Earnings: 1Q Net Income Surges 33% to Beat Estimates

By | Earnings Alerts
  • Net Income: Cummins India reported a net income of 4.2 billion rupees for the first quarter, which is a 33% increase year-over-year. The estimate was 4.1 billion rupees.
  • Revenue: The company’s revenue stood at 22.6 billion rupees, marking a 4.1% growth year-over-year. This was slightly below the analysts’ estimate of 23.24 billion rupees.
  • Total Costs: Cummins India managed to reduce total costs to 18.9 billion rupees, which is a 1% decrease year-over-year.
  • Other Income: Other income for the quarter was 1.32 billion rupees, showing a 13% increase year-over-year.
  • Management Changes: Shveta Arya has been named the Managing Director Designate, succeeding Ashwath Ram, who resigned to assume a global role.
  • Analyst Ratings: The company has received mixed reviews from analysts with 11 buy ratings, 6 hold ratings, and 9 sell ratings.

Cummins India on Smartkarma

Analysts on Smartkarma, including Brian Freitas, have been closely monitoring Cummins India. According to a report by Freitas on the NIFTY200 Momentum30 Index, there could be significant changes in June, potentially impacting trading strategies. The report highlights that potential additions to the index have outperformed potential deletions, indicating a bullish sentiment. However, there is risk associated with the upcoming general elections that could affect the long/short trade outlook. Investors are advised to stay alert for any momentum shifts following the election results on 4 June.

Freitas’ analysis provides valuable insights into the dynamics of Cummins India within the market. With a focus on index rebalancing and potential trade turnovers, the report emphasizes the importance of keeping an eye on these changes for informed decision-making. The bullish lean in the report suggests optimism towards Cummins India‘s performance, supported by the outperformance of potential additions. As investors navigate through these market fluctuations, the research on Smartkarma serves as a resourceful tool for understanding the implications on stocks like Cummins India.


A look at Cummins India Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE4.0

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

Consistent with its solid reputation for dividends and resilience, Cummins India has received high scores in these areas, reflecting positively on the company’s stability and ability to weather economic fluctuations. With a strong dividend score of 5, investors can expect reliable returns from Cummins India, enhancing the attractiveness of the company for long-term investment.

Furthermore, Cummins India‘s strong growth and momentum scores suggest promising potential for the future. The company’s commitment to innovation and development, demonstrated through its well-equipped research facility, contributes to its positive growth outlook. This, combined with a solid momentum score, indicates that Cummins India is well-positioned for continued success in the long run.


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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Gujarat Gas Ltd (GUJGA) Earnings: 1Q Net Income Surpasses Estimates with 53% YoY Growth

By | Earnings Alerts
  • Net income of Gujarat Gas for Q1 reached 3.3 billion rupees, a 53% increase year-over-year.
  • This net income surpassed the estimated 3.17 billion rupees.
  • Revenue was reported at 46.1 billion rupees, marking an 18% rise compared to the same period last year.
  • The revenue estimate was 41.95 billion rupees, which was exceeded.
  • Total costs amounted to 42.1 billion rupees, an increase of 15% year-over-year.
  • Raw material costs were 35.9 billion rupees, up by 16% from the previous year.
  • Raw material costs exceeded the estimated 33.97 billion rupees.
  • Analyst ratings include 13 buys, 2 holds, and 17 sells.

A look at Gujarat Gas Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.4

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

An analysis of Gujarat Gas Ltd utilizing the Smartkarma Smart Scores reveals a promising long-term outlook for the company. With solid scores in Dividend and Resilience, Gujarat Gas demonstrates a commitment to rewarding its shareholders while maintaining stability in volatile market conditions. Furthermore, the company’s respectable score in Value suggests it may be trading at an attractive price relative to its intrinsic value, making it an interesting prospect for value investors seeking opportunities.

Additionally, Gujarat Gas Ltd‘s score in Growth indicates potential for expansion and development in the future, showcasing the company’s ability to capitalize on emerging opportunities in the natural gas sector. Although the Momentum score is moderate, the overall outlook for Gujarat Gas appears positive, positioning the company well for sustained growth and resilience in the market.


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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China Vanke (H) (2202) Earnings: July Contracted Sales Reach 19.21B Yuan, YTD 146.55B

By | Earnings Alerts
  • July Contracted Sales: China Vanke reported contracted sales of 19.21 billion yuan for July 2024.
  • Year-to-Date Contracted Sales: The total contracted sales for the year up to July reached 146.55 billion yuan.
  • Analyst Ratings: China Vanke has received 20 ratings from analysts. Out of these, 9 are buy ratings, 8 are hold ratings, and 3 are sell ratings.

China Vanke (H) on Smartkarma

Independent analyst Fern Wang recently published a research report on China Vanke (H) on Smartkarma, titled “China Vanke: Should Investors Be Worried?” According to Wang’s analysis, concerns have been raised by insurers regarding the company. Wang highlights the need for close monitoring of Vanke due to factors such as declining contract sales, cash position, and financing ability. Despite having sufficient funding to repay upcoming obligations, Wang emphasizes the importance of keeping a watchful eye on Vanke’s performance amid ongoing challenges.

This insightful report by Fern Wang underscores the importance of staying informed about China Vanke’s developments in the market. With a bearish sentiment and a focus on key financial metrics, Wang’s analysis sheds light on the reasons for investor apprehension regarding Vanke’s outlook. By addressing issues related to debt rollover, contract sales, and financing, Wang’s research provides valuable insights for investors looking to navigate the complexities of China Vanke’s current situation.


A look at China Vanke (H) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth2
Resilience2
Momentum3
OVERALL SMART SCORE3.4

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

China Vanke (H) appears to have a strong long-term outlook based on the Smartkarma Smart Scores assigned to the company. With top scores in both value and dividend factors, it suggests that the company is viewed favorably in terms of its financial stability and potential returns for investors. However, the lower scores in growth and resilience indicate some areas for improvement. Despite this, the moderate momentum score suggests that there is still positive sentiment surrounding the company’s future prospects.

China Vanke Co., Ltd. is primarily a property development company, focusing on residential properties in major cities across China such as Shenzhen, Shanghai, and Beijing. With a solid foundation in place as indicated by its high value and dividend scores, the company has the potential for further growth and resilience in the ever-evolving real estate market of China.


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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Sempra Energy (SRE) Earnings: 2Q Revenue Misses Estimates with $3.01 Billion, Adjusted EPS at 89c

By | Earnings Alerts
  • Sempra’s 2Q Revenue: $3.01 billion
  • Revenue Change: Down 9.7% year-over-year
  • Revenue Estimate: $3.32 billion
  • Adjusted EPS: 89 cents
  • Analyst Ratings: 13 buys, 6 holds, 0 sells

Sempra Energy on Smartkarma



Analyst coverage of Sempra Energy on Smartkarma is gaining traction, with Baptista Research recently publishing a report titled “Sempra Energy: Initiation of Coverage – What Is Its Biggest Competitive Advantage? – Major Drivers.” The report highlights Sempra’s strong financial performance in the first quarter of 2024, demonstrating its robust financial health and strategic execution across various segments. Baptista Research delves into the successes and challenges faced by Sempra, offering a comprehensive overview for potential investors. The report also aims to assess the factors impacting the company’s stock price and conducts an independent valuation using a Discounted Cash Flow (DCF) methodology.



A look at Sempra Energy Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.4

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 for Sempra Energy, the company shows promising signs for long-term growth. With a high score in Momentum, indicating strong positive market momentum, Sempra Energy seems to be on an upward trajectory. Additionally, scoring well in Dividend suggests that the company provides attractive returns to investors through dividends. While there are areas for improvement such as Resilience, overall, the company’s scores reflect a positive outlook for potential investors looking towards the future.

As an energy services holding company operating in various regions, including the United States and Mexico, Sempra Energy plays a significant role in electricity generation, natural gas delivery, and wind power projects. With a solid foundation in these key areas of the energy sector, Sempra Energy‘s scores support the company’s position as a viable investment option for those seeking a balance of growth potential and dividend returns in the energy industry.


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

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Vulcan Materials Co (VMC) Earnings: 2Q Adj EPS Falls Short of Estimates

By | Earnings Alerts
  • Adjusted EPS from continuing operations was $2.35, missing the estimate of $2.46.
  • Revenue came in at $2.01 billion, down 4.7% year-over-year, and below the estimate of $2.06 billion.
  • Adjusted EBITDA was $603 million, up 1.3% year-over-year, but fell short of the $615 million estimate.
  • Aggregates cash gross profit per ton has increased by double digits this year, with expectations for this trend to continue.
  • Weather disruptions in the first half of the year affected construction activity and operating efficiencies, leading to adjustments in aggregates volume and cost outlook for the full year.
  • Analyst recommendations include 17 buys, 7 holds, and 1 sell.

Vulcan Materials Co on Smartkarma

Analysts on Smartkarma have been paying close attention to Vulcan Materials Co, with recent reports indicating a positive sentiment towards the company’s performance. Baptista Research highlighted in their report “Vulcan Materials Company: A Tale Of Strategic Dominance In The Aggregates Industry! – Major Drivers” that despite challenging weather conditions, Vulcan Materials is set to achieve a fourth consecutive year of double-digit adjusted EBITDA growth. The company’s strong financials, with an adjusted EBITDA of $323 million in the first quarter and an optimistic pricing environment, showcase the resilience and profitability of its Aggregates business.

In another report by Baptista Research titled “Vulcan Materials Company: Continued Investment in Expense Management,” Vulcan Materials Company’s exceptional performance in 2023 was emphasized. The company achieved significant milestones, generating over $2 billion in adjusted EBITDA and surpassing $9 of aggregate cash gross profit per ton. With a 27% year-over-year improvement in adjusted EBITDA in the fourth quarter and margin expansion across primary product lines, analysts remain bullish on Vulcan Materials Co‘s continued success and strategic investments.


A look at Vulcan Materials Co Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.0

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

Based on the Smartkarma Smart Scores, Vulcan Materials Co shows promising long-term potential. With a Growth score of 4 and a Momentum score of 4, the company is positioned well for future expansion and market performance. These scores indicate that Vulcan Materials Co may experience strong growth and positive investor sentiment in the coming years.

Moreover, the company’s Resilience score of 3 suggests that Vulcan Materials Co has the ability to weather market volatility and economic challenges. While the Value and Dividend scores are more modest at 2, indicating average performance in these areas, the overall outlook for Vulcan Materials Co appears optimistic based on the Smartkarma Smart Scores.

Summary: Vulcan Materials Company, a producer of construction aggregates, has received varied Smart Scores, with strong indicators in growth and momentum, positioning the company well for future success despite average performance in other key areas.


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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