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Skyworks Solutions (SWKS) Earnings: Adjusted EPS Misses Estimates in 3Q, Revenue Beats Expectations

By | Earnings Alerts
  • Adjusted EPS Miss: Skyworks reported an adjusted EPS of $1.21, missing the estimate of $1.22 and down from $1.73 year-over-year.
  • Revenue: The company generated revenue of $905.5 million, a 15% drop year-over-year, but slightly above the estimate of $900 million.
  • Gross Margin: Adjusted gross margin stood at 46%, down from 47.5% year-over-year, meeting the market estimate of 46%.
  • Increased R&D Spending: Research and development expenses were $160.7 million, up 8.6% year-over-year, and higher than the estimated $154.5 million.
  • Operating Income: Adjusted operating income fell 22% quarter-over-quarter to $219.0 million, slightly exceeding the estimate of $218.8 million.
  • Growth Outlook: The company expects modest improvement in broad markets, marking three consecutive quarters of sequential growth.
  • Dividend Increase: Skyworks announced another increase to its quarterly dividend, backed by a solid capital structure and strong year-to-date cash flow generation.
  • Analyst Ratings: The stock has received 9 buy ratings, 19 hold ratings, and 2 sell ratings.

Skyworks Solutions on Smartkarma

Analyst coverage of Skyworks Solutions on Smartkarma showcases positive sentiments from Baptista Research analysts. In their report, “Skyworks Solutions Inc.: Continued Investment in Technology and Product Roadmaps! – Major Drivers,” Skyworks demonstrated strong financial performance in the second fiscal quarter of 2024. With revenue reaching $1.046 billion and notable earnings per share of $1.55, the company also generated $300 million in operating cash flow. An optimistic outlook on the edge IoT market, with significant design wins for WiFi 6E and WiFi 7, hints at a potential multi-year upgrade cycle.

Similarly, in another report titled “Skyworks Solutions: Is The Strategic Expansion in Mobile and Broad Markets Fuelling Growth? – Major Drivers,” Baptista Research praised Skyworks for delivering solid financial results in Q1 2024 despite challenging macroeconomic conditions. The company’s revenue for the quarter stood at $1.202 billion, with an impressive earnings per share of $1.97 and $775 million in operating cash flow. Skyworks achieved a record free cash flow margin of 63%, reflecting efficient working capital management and reduced capital expenditure intensity.


A look at Skyworks Solutions Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience4
Momentum4
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

Investors looking at Skyworks Solutions for the long term can take comfort in the Smartkarma Smart Scores, which provide a snapshot of the company’s overall outlook across different key factors. With solid scores of 3 in Value, Dividend, and Growth, Skyworks Solutions appears to offer stable financials and potential for future growth. Additionally, scoring a 4 in both Resilience and Momentum, the company seems well-positioned to weather market uncertainties and capitalize on positive market trends.

Skyworks Solutions, Inc., a wireless semiconductor company, is focused on designing and manufacturing radio frequency and semiconductor system solutions for mobile communications applications. The company’s offerings include front-end modules, radio frequency subsystems, and system solutions for wireless handset and infrastructure customers globally. With its balanced Smart Scores across various factors, Skyworks Solutions may present a promising long-term investment opportunity in the dynamic tech 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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Microsoft Corp (MSFT) Earnings: Revenue Meets Estimates, Shares Fall Post-Market

By | Earnings Alerts
  • Microsoft’s Q4 revenue met estimates at $64.73 billion, slightly above the estimated $64.52 billion.
  • Intelligent Cloud revenue was slightly below estimates at $28.52 billion, compared to the expected $28.72 billion.
  • Productivity and Business Processes revenue exceeded expectations, coming in at $20.32 billion versus the $20.21 billion estimate.
  • More Personal Computing revenue was higher than expected at $15.90 billion, surpassing the $15.54 billion estimate.
  • Earnings per share (EPS) were reported at $2.95.
  • Operating income reached $27.93 billion, above the estimated $27.63 billion.
  • Capital expenditure was $13.87 billion, higher than the estimated $13.27 billion.
  • Revenue at constant currency grew by 16%, beating the estimated 14.7% growth.
  • Shares fell 3.5% in post-market trading to $408.29 after 15,370 shares were traded.
  • Out of the analysts covering the stock, there are 65 buys, 5 holds, and no sells.

Microsoft Corp on Smartkarma

Analysts covering Microsoft Corp on Smartkarma have shared bullish sentiments on the company’s recent performance and future outlook. Uttkarsh Kohli‘s research highlights Microsoft’s strong Q2 results, with a 21% YoY increase in Azure revenue, 37% growth in gaming, and a 9% rise in EPS. The company’s revenue is anticipated to grow by 14.5% YoY, driven by advancements in AI and cloud technologies.

Baptista Research also points to Microsoft’s success in leveraging AI and cloud infrastructure, with third-quarter earnings showing continued growth in these areas. Satya Nadella, Microsoft’s CEO, emphasized the company’s strategic focus on AI and cloud, which has led to significant revenue milestones. The analysts assess factors influencing Microsoft’s stock price, highlighting the company’s strong financial performance and future growth potential.


A look at Microsoft Corp 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

Microsoft Corporation’s long-term outlook points towards a promising future, as indicated by the Smartkarma Smart Scores. With a strong focus on growth and momentum, the tech giant seems well-positioned to capitalize on market trends and innovation. The company’s robust growth score of 4 reflects its potential for expansion and development in the coming years. Additionally, a momentum score of 4 suggests that Microsoft is on a path of steady progress and market performance.

While Microsoft scores moderately in terms of value and dividend, with scores of 2 on both factors, its resilience score of 3 indicates a certain level of stability and adaptability within the industry. Overall, Microsoft Corporation, known for its software solutions and global customer base, stands out as a player to watch in the evolving technology landscape.


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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Electronic Arts (EA) Earnings: 2Q Net Bookings Forecast $1.95B-$2.05B Amid Mixed 1Q Results

By | Earnings Alerts
  • 2Q Net Bookings: Expected between $1.95 billion and $2.05 billion. Estimate is $1.95 billion.
  • 2025 Year Forecast:
    • Net bookings still expected between $7.3 billion and $7.7 billion. Estimate is $7.49 billion.
    • Operating cash flow still expected between $2.05 billion and $2.25 billion. Estimate is $2.08 billion.
  • 1Q Results:
    • Net bookings: $1.26 billion, a decrease of 20% year-over-year. Estimate was $1.21 billion.
    • Total net revenue: $1.66 billion, down 14% year-over-year. Estimate was $1.63 billion.
    • Live Services & Other revenue: $1.41 billion, down 4.8% year-over-year. Estimate was $1.33 billion.
    • Full game revenue: $250 million, a drop of 44% year-over-year. Estimate was $294.8 million.
    • R&D expenses: $629 million, an increase of 5.5% year-over-year. Estimate was $590.3 million.
    • Operating cash flow: $120 million, a significant decline of 67% year-over-year.
  • Comments: 1Q EPS was $1.04 compared to $1.47 year-over-year.

Electronic Arts on Smartkarma

Analyst coverage of Electronic Arts on Smartkarma by Baptista Research highlights positive sentiments towards the company’s recent performance and growth strategies. In the report “Electronic Arts Inc.: Are The AI Investments Speeding Up Their Game Creation? – Major Drivers,” it is noted that EA experienced unexpected growth in the past fiscal year, primarily driven by live services which enhanced consumer loyalty and spending. The successful launch of EA SPORTS FC further strengthened player engagement globally.

In another report by Baptista Research titled “Electronic Arts: A Tale Of Diversification and Expansion of Gaming Communities! – Major Drivers,” the company’s strong Q3 performance is emphasized, with notable success in EA Sports FC and EA Sports Madden NFL. The launch of EA Sports FC ’24 exceeded expectations, showcasing the company’s ability to capture global enthusiasm for football and drive long-term growth through deep engagement with millions of players worldwide.


A look at Electronic Arts Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.2

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

Electronic Arts Inc., a leading interactive entertainment software company, has been assigned Smartkarma Smart Scores that indicate a positive long-term outlook. With strong ratings in Growth, Resilience, and Momentum at 4 out of 5 each, Electronic Arts is poised for continued success in the video game industry. The Growth score highlights promising expansion opportunities, while the Resilience score suggests the company’s ability to withstand market challenges. Additionally, the Momentum score signifies a strong upward trend in the company’s performance.

While Electronic Arts received more moderate scores in Value and Dividend at 2 out of 5 each, the overall outlook remains optimistic. Investors looking for a company with robust growth potential and a strong market position may find Electronic Arts an attractive investment opportunity in the evolving gaming 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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Starbucks Corp (SBUX) Earnings: 3Q Comparable Sales Miss Estimates Across Regions

By | Earnings Alerts
  • Starbucks’ global comparable sales declined by 3%, missing the estimate of -2.71%.
  • North America sales dropped by 2%, short of the -1.62% estimate.
  • Sales in the US fell by 2%, close to the -2.06% estimate.
  • International sales decreased by 7%, below the -5.11% estimate.
  • China saw a significant drop in sales by 14%, compared to the -10.6% estimate.
  • Adjusted earnings per share came in at 93 cents, just above the 92 cents estimate.
  • Net revenue was $9.11 billion, down 0.6% year-over-year, missing the $9.2 billion estimate.
  • Operating income fell to $1.52 billion, a 4.2% decrease year-over-year, falling short of the $1.53 billion estimate.
  • Adjusted operating margin was slightly higher at 16.7%, exceeding the 16.3% estimate.
  • Operating margin was 16.7%, just above the 16.6% estimate.
  • North America’s operating margin was 21%, barely missing the 21.1% estimate.
  • International operating margin stood at 15.6%, below the 17.4% estimate.
  • Channel development operating margin was 53.7%, higher than the 49.9% estimate.
  • Average ticket prices increased by 2%, meeting the 1.98% estimate.
  • North American average ticket price rose by 3%, slightly below the 3.24% estimate.
  • International average ticket price dropped by 4%, significantly below the -0.63% estimate.
  • North America added 133 net new stores, less than the 165.8 expected.
  • Internationally, 393 new stores were opened, falling short of the 433.32 estimate.
  • Comparable transactions decreased by 5%, missing the -4.27% estimate.
  • North American comparable transactions dropped by 6%, below the -4.91% estimate.
  • International comparable transactions fell by 3%, narrowly missing the -3.71% estimate.
  • CEO Laxman Narasimhan noted that Starbucks’ three-part action plan is starting to show operational improvements.

Starbucks Corp on Smartkarma

Analyst coverage of Starbucks Corp on Smartkarma reveals contrasting sentiments. Baptista Research‘s report titled “Starbucks Corporation: A Major Disappointment But These 6 Factors That Can Help Them Recover! – Major Drivers” highlights the challenges faced by Starbucks in the second quarter fiscal year 2024. Global comparable store sales declined by 4% year-over-year, with a 1% dip in total revenue to $8.6 billion. Factors such as declining foot traffic in North America and an 11% drop in China, compounded by adverse weather conditions impacting comp sales, contributed to the challenges.

On a more optimistic note, Baptista Research‘s report “Starbucks Corporation: Substantial Growth Through New Store Openings & Innovation! – Major Drivers” praises Starbucks’ growth strategy despite short-term hurdles. In the first quarter fiscal year 2024, Starbucks saw a promising 8% year-over-year increase in total company revenue to $9.4 billion. The company’s global comparable store sales also showed resilience, with a 5% year-over-year growth driven by strong performances in North America and China. The reports offer insights into both the struggles and growth prospects for Starbucks Corp.


A look at Starbucks Corp Smart Scores

FactorScoreMagnitude
Value0
Dividend4
Growth5
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

Starbucks Corporation, a global coffee giant, is positioned for strong long-term growth according to Smartkarma Smart Scores. With top marks in Growth and Resilience, Starbucks is poised to expand its market presence and weather economic challenges. This indicates a positive outlook for the company’s future prospects, backed by a strong ability to adapt and innovate in the face of changing market dynamics.

Additionally, Starbucks Corp earns high scores in Dividend payouts, showcasing its commitment to rewarding shareholders. While the Momentum score is slightly lower, the overall Smart Scores paint a promising picture for investors considering the beverage retailer. With a diverse product portfolio and a robust global presence, Starbucks continues to be a force to reckon with in the specialty coffee 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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Wp Carey Inc (WPC) Earnings: 2Q AFFO/Share at $1.17, Revenue Hits $389.7 Million, 2024 AFFO Guidance Revised

By | Earnings Alerts
  • WP Carey reported an AFFO (Adjusted Funds From Operations) per share of $1.17 for the second quarter of 2024.
  • Total revenue for the period was $389.7 million.
  • WP Carey has revised its 2024 AFFO guidance to a range of $4.63 to $4.73 per diluted share.
  • The revision is based on an anticipated full-year investment volume between $1.25 billion and $1.75 billion.
  • Analyst recommendations include: 2 buys, 10 holds, and 2 sells.

A look at Wp Carey Inc Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
Resilience2
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

WP Carey Inc., a global net-lease REIT specializing in sale-leaseback and build-to-suit financing solutions, is positioned favorably for the long-term based on a comprehensive analysis using Smartkarma Smart Scores. With a high score in Dividend and Value, the company is esteemed for its stable dividend payouts and attractive valuation relative to its peers. This indicates a positive outlook for income-seeking investors looking for consistent returns.

Although WP Carey Inc. shows strength in Dividend and Value, the scores for Growth, Resilience, and Momentum are relatively lower. While the company may not exhibit strong growth potential or resilience against economic downturns, its solid fundamentals in dividend and value aspects suggest a steady and reliable performance in the long run. Investors seeking income and value stability may find WP Carey Inc. to be a promising addition to their portfolios.

### WP Carey Inc. is a global net-lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions for companies worldwide. In addition to its owned portfolio of diversified global real estate, W. P. Carey manages a series of non-traded REITs. ###


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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Mondelez International (MDLZ) Earnings: 2Q Adjusted EPS Surpasses Estimates Despite Revenue Miss

By | Earnings Alerts
  • Mondelez reported an adjusted EPS of 86 cents, beating the estimate of 79 cents.
  • Net revenue came in at $8.34 billion, which was below the estimate of $8.47 billion.
  • Adjusted gross margin was 40.5%, higher than the estimate of 38.2%.
  • Adjusted operating margin stood at 17.9%, surpassing the estimate of 16.3%.
  • The company’s organic net revenue growth was 2.5%, lower than the estimated 3.81%.
  • In North America, organic revenue growth was 0.3%, falling short of the 1.3% estimate.
  • Europe saw organic net revenue growth of 2.7%, lower than the 6.31% estimate.
  • Organic net revenue in Asia, Middle East & Africa rose by 4.2%, just below the 4.77% estimate.
  • Latin America’s organic net revenue grew by 4.5%, missing the 7.95% estimate.
  • EPS for the quarter was 45 cents.
  • Analyst ratings show 23 buys, 3 holds, and 0 sells.

Mondelez International on Smartkarma

Analysts at Baptista Research on Smartkarma have provided positive coverage of Mondelez International, highlighting key drivers for the company’s performance. In their report titled “Mondelez International: A Tale Of Preserving Critical Price Points and Investing in Supply Chain Reliability!” the analysts noted a robust Q1 2024 for the company, citing solid top-line results, strong earnings, and significant free cash flow generation. Despite challenges like disruptions in European clients and boycotts in certain regions, Mondelez benefited from momentum in emerging markets with resilient consumer confidence.

In another report by Baptista Research titled “Mondelez International: A Tale Of Volume Recovery and Organic Growth in North America,” the analysts emphasized Mondelez’s strong end to 2023, highlighted by robust top-line growth, record profit dollar growth, strong free cash flow, and solid returns to shareholders. Specifically, the company saw organic net revenue grow by 14.7% or $4.6 billion from the previous year, indicating a positive trajectory for Mondelez International.


A look at Mondelez International Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
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

Mondelez International Inc., a global food and beverage company known for its wide range of snacks, beverages, cheese, and packaged grocery products, has received moderate scores across various key factors as per Smartkarma’s Smart Scores. With Value, Dividend, Growth, Resilience, and Momentum all sitting at a balanced level of 3, the company appears to be positioned steadily for the long term.

While not excelling in any particular category, the consistent 3 scores across the board suggest a stable outlook for Mondelez International. This indicates a company that is neither overvalued nor undervalued, offering moderate dividend returns, maintaining steady growth prospects, demonstrating resilience in uncertain market conditions, and holding a neutral momentum in terms of investor interest. Investors may find Mondelez International as a reliable investment option with a well-rounded performance across key metrics.


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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Infrastrutture Wireless Italia (INW) Earnings: 2Q Revenue Meets Estimates with 8.2% Growth

By | Earnings Alerts
  • Revenue Performance:
    • 2Q revenue was EU257.1 million, an 8.2% increase year-over-year.
    • Revenue met estimates, which were pegged at EU258.9 million.
  • Earnings Details:
    • EBITDA stood at EU235.6 million, an 8.9% rise year-over-year.
    • EBITDA slightly underperformed against the estimate of EU236.6 million.
    • Net income came in at EU89.3 million, marking an 11% increase year-over-year.
    • Net income estimate was EU93.1 million, slightly missed.
  • Year Forecast:
    • Revenue forecast remains between EU1.03 billion and EU1.06 billion, with an estimate at EU1.05 billion.
    • EBITDA margin is expected to stay above 91%.
    • Recurring free cash flow forecasted between EU620 million and EU640 million.
  • Market Commentary:
    • Short-term demand for connectivity is high.
    • Challenges and intense competition continue to affect the profitability and investment capacity of the Italian telecommunications sector.
  • Analyst Recommendations:
    • 13 analysts have given a “buy” rating.
    • 10 analysts have given a “hold” rating.
    • No “sell” ratings recorded.

A look at Infrastrutture Wireless Italia Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
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

Long-term Outlook for Infrastrutture Wireless Italia

Infrastrutture Wireless Italia, operating in the infrastructure for electronic communications sector, is positioned for a stable long-term outlook based on Smartkarma Smart Scores. With a strong score in Dividend and Growth factors, the company shows potential for steady returns and expansion. Additionally, its Resilience score indicates a solid ability to weather market uncertainties, providing a sense of stability for investors.

Infrastrutture Wireless Italia‘s Value score suggests that the company is reasonably priced compared to its intrinsic worth, offering an attractive proposition for investors. Even though the Momentum score is moderate, the overall outlook for the company appears positive, reflecting a balanced mix of performance indicators for long-term sustainability and growth.

### Summary: Infrastrutture Wireless Italiane S.p.A. specializes in infrastructure for electronic communications, focusing on constructing radio transmission infrastructure and distributing television and radio signals. ###


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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L’Oreal SA (OR) Earnings: 2Q Sales Miss Estimates Despite Strong Operating Profit

By | Earnings Alerts
  • Overall like-for-like sales increased by 5.3%, below the estimated 6.02%.
  • Professional products sales rose by 0.9%, lower than the 1.33% forecast.
  • Consumer products sales grew by 6.7%, falling short of the 7.66% projection.
  • L’Oreal Luxe sales were up by 2.8%, slightly above the 2.66% estimate.
  • Dermatological beauty sales surged by 10.8%, well below the expected 17.4%.
  • North America sales increased by 3.4%, closely matching the 3.48% estimate.
  • North Asia sales declined by 2.4%, against an expected drop of 0.62%.
  • Europe sales rose by 9.7%, surpassing the 8.46% forecast.
  • South Asia Pacific, Middle East, North Africa, Sub-Saharan Africa sales grew by 14%, just under the 14.4% estimate.
  • Latin America sales went up by 12.3%, below the 15.8% estimate.
  • Total sales were €10.88 billion, slightly above the €10.77 billion estimate.
  • Professional products sales amounted to €1.18 billion, higher than the €1.16 billion expected.
  • Consumer products sales totaled €4.15 billion, exceeding the €4.06 billion forecast.
  • L’Oreal Luxe sales reached €3.77 billion, more than the €3.72 billion estimate.
  • Dermatological beauty sales were €1.78 billion, below the €1.84 billion estimate.
  • First half results showed an operating profit of €4.60 billion, above the €4.56 billion estimate.
  • Operating margin was 20.8%, slightly higher than the 20.7% forecast.
  • Adjusted EPS was €6.98, missing the €7.07 estimate.
  • First half like-for-like sales grew by 7.3%, compared to the 7.64% estimate.
  • The company has 13 buy ratings, 13 hold ratings, and 4 sell ratings from analysts.

L’Oreal SA on Smartkarma

Analysts on Smartkarma, like Steve Zhou, CFA, are covering L’Oreal SA, the world’s largest beauty company with a 15% global market share. In the report “Pair Trade: L’Oreal / Shiseido”, it is highlighted that L’Oreal has a well-balanced geographic and category exposure. Despite being excellently managed and outperforming the global beauty industry growth by 5% over the past 3 years, concerns arise about potential slowing growth. With L’Oreal’s forward PE ratio at 34x, trading at a premium of nearly 100% compared to the European consumer staples average, it stands at a multi-decade high.

Analysts like Steve Zhou, CFA, provide valuable insights into L’Oreal SA‘s market position and financial performance on platforms like Smartkarma. The report emphasizes L’Oreal’s dominant standing in the beauty industry, surpassing competitors significantly in market share. While the company has delivered impressive growth in recent years, trading at a high forward PE ratio raises questions about sustainability. Investors are keen to see how L’Oreal navigates potential growth challenges in the future amidst its premium valuation in the market.


A look at L’Oreal SA Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
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

Based on Smartkarma Smart Scores, L’Oreal SA shows a positive long-term outlook. The company scores well in growth and resilience, indicating strong potential for expansion and the ability to withstand economic downturns. Additionally, L’Oreal SA demonstrates decent momentum, suggesting a steady upward trend in performance. While the value and dividend scores are not as high, the overall outlook for L’Oreal SA remains favorable due to its strength in growth and resilience.

L’Oreal SA is a leading manufacturer and distributor of health and beauty products, catering to both professional hairdressers and consumers. The company offers a wide range of products including colorants, styling products, cosmetics, skin care items, perfumes, and dermatological products. With solid scores in growth and resilience, L’Oreal SA is positioned well for long-term success in the competitive beauty 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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EDP – Energias de Portugal SA (EDP) Earnings: 1H Net Income Surges 74% to EU762M, Q2 Results Exceed Estimates

By | Earnings Alerts
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  • EDP’s net income for the first half of 2024 increased by 74% compared to the same period last year, reaching EU762 million.
  • The company’s Ebitda for the first half of the year was EU2.69 billion, a rise of 9.6% year-over-year.
  • Ebit also saw substantial growth, reaching EU1.83 billion, which is an increase of 24% year-over-year.
  • In the second quarter alone, EDP’s net income was EU408 million, significantly higher than EU134 million from the previous year and surpassing the estimate of EU383.7 million.
  • Second-quarter Ebitda rose by 30% year-over-year to EU1.35 billion.
  • Second-quarter Ebit experienced an impressive 90% growth compared to last year, reaching EU920 million.
  • EDP’s net debt increased to EU17.4 billion as of June, compared to EU15.3 billion in December.
  • The company reported a 50% increase in first-half recurring net income due to asset rotation gains, including transmission assets in Brazil and wind and solar assets in Italy, USA, and Canada.
  • EDP expects recurring Ebitda of about EU5 billion and recurring net profit of about EU1.3 billion for 2024, aligning with their targets presented in May.
  • Analyst ratings for EDP are positive, with 20 buys, 4 holds, and no sells.

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A look at EDP – Energias de Portugal SA Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
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

EDP – Energias de Portugal SA, a company engaged in generating, supplying, and distributing electricity and gas in Portugal and Spain, has received a positive overall outlook based on its Smartkarma Smart Scores. With above-average scores in dividend and momentum, EDP demonstrates strong potential for providing steady dividends to investors and positive market momentum. While scoring relatively lower in resilience, the company’s focus on growth and value indicates a solid long-term strategy.

As EDP continues to expand its presence in electricity distribution and generation across Brazil and wind power operations in various European countries, investors may find the company’s diversification and growth prospects appealing. The Smartkarma Smart Scores reflect a balanced assessment of EDP’s performance across key factors, suggesting a promising outlook for investors seeking a reliable investment opportunity in the energy 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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Bollore SA (BOL) Earnings Surge in 1H: EBITA Up 34%, Revenue Soars 70%

By | Earnings Alerts
  • Bollore’s EBITA (Earnings Before Interest, Taxes, and Amortization) in the first half of 2024 is EU619 million, showing a 34% increase year-over-year.
  • EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose by 46% year-over-year to EU898 million.
  • The company’s net income surged to EU3.76 billion, a significant increase from EU114 million year-over-year.
  • Revenue reached EU10.59 billion, marking a 70% increase year-over-year.
  • Current analyst ratings include 1 buy, 2 holds, and 1 sell.

A look at Bollore SA Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth2
Resilience4
Momentum4
OVERALL SMART SCORE3.2

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, Bollore SA is positioned for a positive long-term outlook. With strong scores in value, resilience, and momentum, the company shows promising prospects for growth and stability. Bollore SA‘s diversified portfolio, including freight forwarding, manufacturing, port services, and banking, contributes to its resilience in volatile markets. Additionally, its momentum score indicates a positive trend in investor sentiment and market performance, suggesting continued growth potential.

While Bollore SA‘s dividend and growth scores are not as high as other factors, the overall outlook remains favorable due to its solid performance in key areas. Investors may find Bollore SA an attractive investment option given its strong value proposition, resilience to market fluctuations, and positive momentum indicators. The company’s diverse business segments and established presence in various industries further support its long-term viability and potential for sustained growth.


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.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

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The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
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  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars