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Corning Inc (GLW) Earnings: Q2 Core Sales Meet Estimates with Optimistic Q3 Forecast

By | Earnings Alerts
  • Corning’s core sales in Q2 2024 were $3.60 billion, a 3.5% increase year-over-year, meeting the estimate of $3.59 billion.
  • Display Technologies net sales grew 9.3% to $1.01 billion, surpassing the estimate of $946.3 million.
  • Optical Communications net sales increased by 4.4% to $1.11 billion, slightly above the estimate of $1.1 billion.
  • Specialty Materials net sales rose by 18% to $501 million, exceeding the estimate of $462.9 million.
  • Environmental Technologies net sales declined by 5.7% to $431 million, falling short of the estimate of $450.4 million.
  • Life Sciences net sales were $249 million, a 7.8% increase, narrowly beating the estimate of $246 million.
  • Core earnings per share (EPS) were 47 cents, matching the estimate of 47 cents but higher than last year’s 45 cents.
  • For the third quarter of 2024, Corning forecasts core EPS between 50 to 54 cents, below the estimate of 56 cents.
  • Core sales are expected to be around $3.7 billion, slightly under the estimate of $3.81 billion.
  • Management anticipates core sales to grow to approximately $3.7 billion with core EPS in the range of $0.50 to $0.54.
  • Current analyst ratings include 9 buy recommendations, 7 holds, and 1 sell.

Corning Inc on Smartkarma

Analysts on Smartkarma, like Baptista Research, are bullish on Corning Incorporated. In one report titled “Corning Incorporated: Are The Returns On Its Display Business Good Enough? – Major Drivers,” the company’s Q1 2024 earnings indicate growth and profitability. Sales nearing $3.3 billion, an EPS of $0.38, and a year-over-year gross margin growth of 160 basis points to 36.8% show Corning exceeding guidance predictions and improving free cash flow by $300 million.

In another report, “Corning Incorporated: Will The Continued Demand in Optical Communications Become A Major Growth Catalyst In 2024 & Beyond? – Key Drivers,” Baptista Research notes the company’s fourth-quarter and full-year earnings for 2023. With a $3.3 billion quarter, 37% gross margin, and EPS of $0.39 meeting expectations, alongside $0.5 billion in free cash flow, analysts indicate optimism about Corning’s performance and potential for growth in the optical communications sector.


A look at Corning Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
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

Corning Incorporated, a global technology-based company, seems to have a positive long-term outlook based on the Smartkarma Smart Scores. With consistent scores across various factors such as value, dividend, growth, resilience, and strong momentum, Corning Inc appears to have a solid foundation for future growth. The company’s diversified business lines, including producing optical fiber, cables, and photonic components for the telecommunications industry, as well as manufacturing glass panels and display components, position it well for sustained success in the tech sector.

Corning Inc‘s balanced Smart Scores across key metrics suggest a stable and potentially lucrative investment opportunity for the long haul. While the company may not top the charts in any single category, its overall strength and momentum bode well for investors seeking a reliable player in the technology and telecommunications sectors. The company’s track record in innovation and market adaptability, combined with its solid financial performance, make Corning Inc a noteworthy candidate for those looking to add a stable growth stock to their portfolio.


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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PTT E&P (PTTEP) Earnings Jump to 23.98B Baht in Q2; EPS at 6.04 Baht

By | Earnings Alerts
  • PTT Exploration and Production (PTT E&P) reported a net income of 23.98 billion baht for the second quarter of 2024.
  • PTT E&P‘s earnings per share (EPS) stands at 6.04 baht for the same period.
  • Among analysts, the company’s stock has received 28 buy ratings, 4 hold ratings, and no sell ratings.

A look at PTT E&P Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience4
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

PTT Exploration and Production Public Company Limited (PTT E&P) is positioned for a promising long-term outlook according to the Smartkarma Smart Scores. With a strong score in growth, resilience, dividends, and momentum, PTT E&P seems to be on a positive trajectory. The company’s focus on value, dividends, and growth suggests a balanced approach towards generating returns for investors. This, coupled with its resilience and momentum, indicates that PTT E&P is well-equipped to navigate changing market conditions and sustain its performance over the long run.

As a subsidiary of the Petroleum Authority of Thailand, PTT E&P is engaged in exploring for crude oil and natural gas, developing fields for production, and extracting oil and natural gas. With favorable Smart Scores in key areas, PTT E&P appears to be a solid player in the energy sector, poised for continued growth and stability in the foreseeable future.


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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American Tower (AMT) Earnings: Q2 Beat Estimates and FY EBITDA Forecast Raised

By | Earnings Alerts
  • American Tower Boosts FY Adj. Ebitda Forecast: New forecast of $7.25 billion to $7.36 billion, up from previous $7.12 billion to $7.23 billion.
  • Beats Estimates: The company’s forecast beats the $7.17 billion estimate.
  • Increased AFFO/share: Revised to $10.48 to $10.72, from previous $10.30 to $10.53.
  • Higher AFFO: Now projected at $4.91 billion to $5.02 billion, up from $4.82 billion to $4.93 billion.
  • Second Quarter Results:
    • Adjusted Ebitda: $1.89 billion, up 8.1% year-over-year (YoY), beating the $1.78 billion estimate.
    • Adjusted Ebitda Margin: 65.2%, up from 63% YoY, beating the 62.8% estimate.
    • Revenue: $2.90 billion, up 4.6% YoY, surpassing the $2.83 billion estimate.
    • US & Canada Revenue: $1.32 billion, a 0.9% increase YoY, in line with the $1.31 billion estimate.
    • International Revenue: $1.31 billion, a 7% rise YoY, above the $1.26 billion estimate.
  • Higher AFFO/share in Q2: $2.79, compared to $2.46 YoY.
  • Analyst Ratings: 19 buys, 7 holds, 0 sells.

A look at American Tower Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience2
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, American Tower has a solid long-term outlook. The company scores well in Dividend and Momentum, indicating strong performance in these areas. With a focus on providing good dividends to investors and showing positive momentum in its operations, American Tower presents itself as a promising investment opportunity. While the Value and Resilience scores are not as high, the Growth score sits in the middle range, suggesting potential for expansion and development in the future.

American Tower Corp., a real estate investment trust, specializes in owning and operating wireless communications and broadcast towers in the U.S. The company leases antenna sites to various wireless communication industries, such as cellular and personal communications services. Overall, American Tower‘s Smart Scores reflect a company with favorable dividend payouts, promising growth prospects, and strong operational momentum, making it an attractive choice for investors looking towards the long-term.


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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George Weston (WN) Earnings: 2Q Revenue Misses Estimates but Shows Strong Operational Performance

By | Earnings Alerts
  • George Weston reported 2Q revenue of C$14.09 billion, up 1.5% year-over-year, but below the estimate of C$14.35 billion.
  • Loblaw’s revenue came in at C$13.95 billion, an increase of 1.5% year-over-year, but missed the estimate of C$14.2 billion.
  • Choice Properties’ revenue was C$336 million, up 1.8% year-over-year, but below the forecast of C$345.4 million.
  • Adjusted EBITDA matched expectations at C$1.81 billion, achieving a growth of 4.2% year-over-year.
  • Galen G. Weston, Chairman and CEO, remarked that the strong results reflect consistent operational and financial performance.
  • Analyst ratings for George Weston include 5 buys, 1 hold, and 1 sell.

A look at George Weston Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience2
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

George Weston Limited, a supermarket operator in Canada, is showing a promising long-term outlook according to Smartkarma Smart Scores. With a top score of 5 in Growth and a solid score of 4 in Momentum, the company is projected to experience significant growth and maintain positive momentum in the market. This indicates that George Weston is positioned well for expansion and upward movement in the future.

Although the scores for Value, Dividend, and Resilience are moderate, the high scores in Growth and Momentum overshadow these areas. Overall, George Weston appears to have a positive trajectory, supported by its strong growth potential and market momentum. Investors may view this as a favorable indication of the company’s long-term prospects in the 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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Archer Daniels Midland Co (ADM) Earnings: 2Q Adjusted EPS Misses Estimates Amidst Challenging Market Conditions

By | Earnings Alerts
  • Adjusted EPS Missed Estimates: Adjusted earnings per share (EPS) were $1.03, below the estimated $1.25.
  • Revenue Shortfall: Total revenue was $22.25 billion, missing the projected $23.33 billion.
  • Segment Revenue Performance:
    • Carbohydrate Solutions revenue was $2.89 billion, below the $3.2 billion estimate.
    • Nutrition sales matched estimates at $1.91 billion.
    • Ag Services & Oilseeds revenue was $17.33 billion, falling short of the $18.26 billion estimate.
  • Volume Metrics:
    • Oilseeds processing volume: 8.87 million metric tons, slightly under the 8.98 million estimate.
    • Corn processing volume: 4.48 million metric tons, under the 4.75 million estimate.
  • Operating Profits:
    • Ag Services & Oilseeds operating profit: $459 million.
    • Carbohydrate Solutions operating profit: $357 million.
    • Nutrition operating profit: $109 million, below the $120.3 million estimate.
  • Yearly EPS Guidance: The company continues to expect full-year adjusted EPS in the range of $5.25 to $6.25.
  • CEO Comments:
    • CEO Juan Luciano stated that despite challenging market conditions, the company made good progress towards its 2024 goals.
    • He highlighted solid results in Carbohydrate Solutions driven by favorable starches, sweeteners, and ethanol margins.
    • In Ag Services & Oilseeds, large South American crops and changes in farmer selling behaviors impacted results, but better margins are expected later in the year.
  • Analyst Recommendations:
    • 0 buys
    • 11 holds
    • 1 sell

Archer Daniels Midland Co on Smartkarma

Analyst Coverage of Archer Daniels Midland Co on Smartkarma

Analysts on Smartkarma have provided insightful coverage of Archer Daniels Midland Company (ADM). Baptista Research highlighted in their report titled “Archer-Daniels-Midland Company: Strengthening Margins Through Operational Improvements & Renewable Production! – Major Drivers” that ADM reported adjusted earnings per share of USD1.46 in the first quarter of 2024. Despite a 24% year-on-year decrease in adjusted segment operating profit, ADM maintained an 11.2% adjusted Return on Invested Capital (ROIC) and a strong financial position. The proactive management of risks and focus on structural earnings have positioned ADM well for continued investment and shareholder returns.

Furthermore, Value Investors Club noted in their report “Archer-Daniels-Midland Co (ADM) – Saturday, Feb 10, 2024” that ADM’s stock dipped 22% due to an investigation into the Nutrition segment’s accounting practices. While concerns about potential inflation of segment profitability exist, analysts believe the underlying business is robust and the issue unlikely to have systemic impacts. This presents a potential buying opportunity for investors looking at ADM’s long-term prospects.


A look at Archer Daniels Midland Co Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.8

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

Archer Daniels Midland Co, a company that processes agricultural commodities and products, shows promising long-term prospects based on its Smartkarma Smart Scores. With a strong score in Value, Dividend, Growth, and Momentum, the company is positioned well for future success. The high scores in Value and Dividend indicate a solid financial standing and potential for good returns for investors. Additionally, a high Growth score suggests opportunities for expansion and increasing profitability. Although Resilience scored slightly lower, the overall outlook for Archer Daniels Midland Co appears positive across key factors.

Archer-Daniels-Midland Company, a player in the agricultural commodities and products industry, has received favorable scores in Value, Dividend, Growth, Resilience, and Momentum. This indicates a well-rounded outlook for the company’s future performance. With operations encompassing the processing of various agricultural products like oilseeds, corn, and wheat, Archer Daniels Midland Co plays a vital role in the food and feed ingredients supply chain. Investors may find this company attractive due to its strong scores across multiple key indicators.


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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Incyte Corp (INCY) Earnings Miss Estimates Despite Royalty Revenue Increase in 2Q

By | Earnings Alerts
  • Incyte reports $1.45 billion in cash, cash equivalents, and marketable securities for the second quarter of 2024.
  • This represents a significant 58% decrease from the same period last year.
  • Analysts had estimated Incyte’s cash and marketable securities to be $2.98 billion.
  • Product royalty revenue for Incyte stands at $137.2 million for 2Q 2024.
  • This shows a 7.5% increase compared to the same period last year.
  • Analysts’ estimates for product royalty revenue were lower at $135 million.
  • The current analyst recommendations include 12 buys, 12 holds, and 1 sell.

Incyte Corp on Smartkarma

Analyst coverage of Incyte Corp on Smartkarma by Baptista Research highlights the company’s consistent performance and growth trajectory. According to their research reports, Incyte Corp‘s first quarter 2024 earnings showcased a 9% increase in total revenue driven by the success of drugs like Jakafi and Opzelura. Jakafi’s net product revenue reached $572 million, reflecting growing demand from patients with PV and GVHD, while Opzelura saw a 52% revenue growth in the same period.

Furthermore, Baptista Research‘s analysis on Incyte Corporation’s 2023 earnings emphasized a 14% rise in product and royalty revenues, hitting $3.7 billion for the year. The milestone achievement of reaching $1 billion in total product and royalty revenue in the fourth quarter underscores the company’s strong performance. The continuous growth of Jakafi and the successful market entry of Opzelura were pivotal factors contributing to Incyte Corp‘s positive financial outlook.


A look at Incyte Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth4
Resilience5
Momentum5
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

According to the Smartkarma Smart Scores, Incyte Corp shows a promising long-term outlook. With high scores in Growth, Resilience, and Momentum, the company seems well-positioned for future success. Incyte Corp, a biopharmaceutical company specializing in oncology drugs, has particularly strong potential for growth, resilience during market fluctuations, and positive momentum in its operations.

While the company’s Value score falls in the middle range, the stellar ratings in Growth, Resilience, and Momentum indicate a positive overall outlook for Incyte Corp. Investors looking for a company with strong growth prospects, resilience in challenging times, and positive momentum may find Incyte Corp an attractive investment option in the biopharmaceutical 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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Phillips 66 (PSX) Earnings: 2Q Adjusted EPS Surpasses Estimates with Strong Cash Flow

By | Earnings Alerts
  • Adjusted Earnings Per Share (EPS): Phillips 66 reported an adjusted EPS of $2.31. This beats the estimated EPS of $1.98.
  • Refining Margin Per Barrel: The refining margin per barrel was $10.01, slightly below the estimate of $10.43.
  • Cash Flow from Operations: Phillips 66 generated $2.10 billion in cash flow from operations, surpassing the estimate of $1.56 billion.
  • Operating Expenses: The company’s operating expenses totaled $884 million.
  • Analyst Ratings: The stock has 12 buy ratings, 7 hold ratings, and 1 sell rating.

Phillips 66 on Smartkarma

Analysts on Smartkarma, like Baptista Research, are closely monitoring Phillips 66. In one report titled “Phillips 66: Potential For Expanded Flexibility With Trans Mountain Pipeline & Other Major Developments,” the company’s first-quarter earnings for fiscal 2024 were highlighted. Despite facing some obstacles, President and CEO Mark Lashier noted strong crude utilization rates during the quarter. However, maintenance work impacted the company’s ability to produce higher-value products.

Another report by Baptista Research, titled “Phillips 66: Is The Demand Recovery In The Refining Macro Enough To Warrant A Bullish Thesis? – Major Drivers,” praised the company’s strong performance in the fourth quarter and full year 2023. Phillips 66 reported a total shareholder return of 33% in 2023 and increased its quarterly dividend by 8%. The company emphasized its diversified and integrated portfolio as a key business strategy, delivering strong returns on capital employed and a high payout ratio supported by dividend growth.


A look at Phillips 66 Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience3
Momentum3
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

Phillips 66, a downstream energy company with operations in oil refining, marketing, transportation, chemical manufacturing, and power generation, has received a mixed outlook based on Smartkarma Smart Scores. While the company shows strength in areas like dividend and growth, with scores of 4 and 5 respectively, it demonstrates average performance in value, resilience, and momentum, scoring 3 in each category.

The outlook for Phillips 66 indicates a promising potential for growth and decent returns for investors, highlighted by the strong scores in dividend and growth. However, there are areas that may warrant further attention, such as the company’s value, resilience, and momentum factors, which could impact its overall performance in the long term.


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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Recordati SpA (REC) Earnings: 1H Revenue Surges 14% to EU1.19B, EBITDA Up 12%

By | Earnings Alerts
  • Recordati’s revenue for the first half of 2024 reached EU1.19 billion.
  • This marks a 14% increase compared to the same period last year, which was EU1.04 billion.
  • Operating income for the company is EU338.5 million.
  • The company’s EBITDA is EU452.9 million, reflecting a 12% year-over-year growth.
  • Adjusted net income stands at EU301.0 million, showing a 4.7% increase from the previous year.
  • Current analyst recommendations for Recordati include 5 buy ratings, 6 hold ratings, and 1 sell rating.

A look at Recordati SpA Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
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

Recordati SpA, a pharmaceutical company, has a mixed outlook based on Smartkarma Smart Scores. While it shows strength in momentum with a score of 4, indicating positive market performance, other factors such as value and dividend fall below with scores of 2 and 3 respectively. The company’s growth and resilience also hold steady with scores of 3 each. Overall, although momentum is high, caution is advised in considering the company’s investment potential due to lower scores in other key areas.

Recordati SpA focuses on manufacturing pharmaceuticals and has a global presence in selling prescription and non-prescription drugs, therapeutic products, and rare disease treatments. With varying scores across different factors, investors may need to closely monitor how the company navigates its financial performance and growth in the long term to make informed investment decisions.


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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American Electric Power (AEP) Earnings: FY EPS Forecast Cut, Operating EPS Reaffirmed

By | Earnings Alerts
  • FY EPS Forecast Update: American Electric Power (AEP) has revised its full-year EPS forecast to a range of $5.56 to $5.76 from the previous $6.17 to $6.37.
  • Operating EPS Forecast: AEP still expects its operating EPS to be between $5.53 and $5.73, compared to an estimate of $5.61.
  • Second Quarter Operating EPS: The company reported an operating EPS of $1.25, slightly above the estimate of $1.24.
  • Second Quarter Revenue: AEP’s revenue for the second quarter was $4.6 billion, falling short of the estimated $4.75 billion.
  • Management Commentary:
    • AEP reaffirmed its 2024 operating earnings guidance range of $5.53 to $5.73 per share.
    • CEO Fowke noted unprecedented growth in parts of the service territory, supported by a robust transmission network and a focus on economic development.
  • Commercial Load Growth: The commercial load increased by 12.4% over the second quarter last year, driven by a gain of more than 20% at AEP’s Transmission & Distribution companies due to new data processing facilities coming online.
  • Future Outlook: The company expects to see benefits of ongoing programs in the second half of the year, which will help offset higher interest rates and inflationary pressures.
  • Analyst Ratings: AEP has received 7 buy ratings, 13 hold ratings, and 1 sell rating.

American Electric Power on Smartkarma

Analysts on Smartkarma, such as Baptista Research, are providing in-depth coverage of American Electric Power Company (AEP). In their recent report titled “American Electric Power Company (AEP): Initiation Of Coverage – Does It Have A Sustainable Competitive Advantage? – Major Drivers,” Baptista Research delves into AEP’s first-quarter earnings for 2024. The report highlights AEP’s focus on incremental growth and ongoing transformations, particularly in its operational and financial frameworks. Notably, the company is increasing its capital spend with significant investments in transmission systems and resilience enhancements to meet the rising demand from sectors like data centers.

Baptista Research aims to assess various factors that could impact AEP’s stock price in the near future. Using a Discounted Cash Flow (DCF) methodology, the analysts seek to provide an independent valuation of the company. With a bullish sentiment, this comprehensive analysis sheds light on the strategic initiatives and market dynamics shaping American Electric Power‘s outlook, offering valuable insights for investors on Smartkarma seeking a deeper understanding of AEP’s competitive positioning and growth prospects.


A look at American Electric Power Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
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 the Smartkarma Smart Scores, American Electric Power (AEP) demonstrates a solid long-term outlook. With a strong dividend score of 4, investors can expect healthy and consistent dividend payouts over time. Additionally, AEP shows promising momentum with a score of 4, indicating a positive trend in stock price performance. While the company scores moderately in value and growth, with scores of 3 across both categories, its resilience score of 2 suggests a slightly lower ability to weather economic uncertainties.

AEP, a public utility holding company providing integrated electric services to retail customers across multiple states, stands out for its focus on dividends and positive stock momentum. Investors looking for steady income generation and potential capital appreciation may find AEP’s overall Smart Scores appealing, reflecting a balanced mix of dividend strength and market momentum despite some resilience concerns. However, considering the company’s broad operational presence and service reliability in various states, AEP maintains a notable position within the electric utility 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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Procter & Gamble Co (PG) Earnings: 2025 Core EPS Forecast of $6.91-$7.05, Q4 Results Review

By | Earnings Alerts
  • Core EPS in 2025: Expected to be between $6.91 to $7.05, with an estimate of $6.96.
  • Organic Revenue Growth: Projected to rise by 3% to 5%, with an estimate of 3.86%.
  • Core EPS Growth: Anticipated to increase by 5% to 7%.
  • Fourth Quarter Results:
    • Core EPS: $1.40, compared to $1.37 last year; estimated at $1.37.
    • Net Sales: $20.53 billion, a 0.1% decrease year-on-year; estimated at $20.74 billion.
    • Beauty Revenue: $3.72 billion; estimated at $3.76 billion.
    • Grooming Revenue: $1.66 billion; estimated at $1.72 billion.
    • Healthcare Revenue: $2.67 billion, matching the estimate.
    • Fabric & Home Care Revenue: $7.27 billion; estimated at $7.36 billion.
    • Baby, Feminine & Family Care Revenue: $5.01 billion; estimated at $5.12 billion.
    • Organic Revenue: Increased by 2%; estimated at 3.43%.
  • Segment Organic Sales:
    • Beauty: Up by 3%; estimated at 2.59%.
    • Grooming: Rose by 7%; estimated at 7.4%.
    • Healthcare: Increased by 4%; estimated at 4.65%.
    • Fabric & Home Care: Up by 2%; estimated at 3.85%.
    • Baby, Feminine & Family Care: Decreased by 1%; estimated at 1.55%.
  • Gross Margin: 49.6%, higher than the estimated 49.4%.
  • Organic Volume Growth: 2%, compared to the estimate of 0.31%.
  • Foreign Currency Impact on Sales: -2%, slightly better than the estimated -2.16%.
  • Adjusted Free Cash Flow: $4.97 billion, exceeding the estimate of $4.15 billion.
  • Price Impact: 1%, below the estimated 2.28%.
  • Comments:
    • The company expects a net headwind of about $500 million after-tax from unfavorable commodity costs and foreign exchange, equivalent to a $0.20 per share impact on fiscal 2025 core EPS growth (around a 3% drag).
    • Additional headwinds of $0.10 to $0.12 per share from non-recurring benefits in the prior fiscal year due to minor brand divestitures and tax impacts.

Procter & Gamble Co on Smartkarma



Analysts on Smartkarma are bullish on The Procter & Gamble Company, as highlighted by research reports from Baptista Research. In one report titled “The Procter & Gamble Company: What Are Our Growth Expectations For P&G In A Highly Dynamic Market? – Major Drivers,” the analyst praises the company’s strong sales and market share results. Procter & Gamble’s solid performance in the first three quarters of fiscal ’24 has led to an optimistic outlook for core earnings per share, organic sales growth, and shareholder returns.

Another report by Baptista Research, “Procter & Gamble – Continued Growth Potential In China Boosting The Top-Line? – Major Drivers,” emphasizes the company’s impressive organic sales growth and market share results, especially in a challenging operating environment. The analyst points out Procter & Gamble’s diverse portfolio, innovative strategies, and sustainability efforts as key drivers for its success. The company’s recent quarter showcased a 4% growth in organic sales and a 16% increase in core earnings per share, supporting its positive momentum.



A look at Procter & Gamble Co Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
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

Procter & Gamble Co, a renowned consumer products manufacturer, is positioned well for the long term as indicated by its Smartkarma Smart Scores. With a solid score in Momentum, the company shows strong potential for sustained growth and market performance. Its competitiveness and ability to capture market opportunities are reflected in the positive outlook. Additionally, Procter & Gamble Co demonstrates resilience, highlighting its ability to navigate challenges effectively and maintain stability in the face of uncertainties.

Furthermore, the company’s focus on Dividend and Growth, with moderate scores in both areas, signals a balanced approach towards rewarding investors and pursuing strategic expansion. While the Value score is comparatively lower, Procter & Gamble Co‘s emphasis on offering consistent dividends and driving growth initiatives enhances its overall attractiveness as an investment option for those seeking stability and potential returns in the consumer products sector.

Summary: The Procter & Gamble Company is a global leader in manufacturing and marketing consumer products across various segments including laundry and cleaning, paper, beauty care, food and beverage, and health care. Its distribution channels encompass a wide range of retail outlets, ensuring widespread availability of its products to consumers worldwide.


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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