Category

Earnings Alerts

Ball (BALL) Earnings: 2Q Comparable EPS Surpasses Estimates at 74c

By | Earnings Alerts
  • Comparable EPS: 74 cents, beating the estimate of 70 cents.
  • Net Sales: $2.96 billion, below the estimate of $3.1 billion.
  • Beverage Packaging Net Sales:
    • North & Central America: $1.47 billion, below the estimate of $1.53 billion.
    • EMEA: $880 million, below the estimate of $936.4 million.
    • South America: $422 million, slightly below the estimate of $425 million.
  • Beverage Packaging Comparable Operating Earnings:
    • North & Central America: $210 million, beating the estimate of $199.2 million.
    • EMEA: $113 million, beating the estimate of $104.1 million.
    • South America: $37 million, below the estimate of $49.8 million.
  • Shareholder Returns: Company aims to return over $1.6 billion to shareholders in 2024.
  • Analyst Recommendations: 9 buys, 10 holds, 1 sell.

Ball on Smartkarma

Analysts on Smartkarma, such as Baptista Research, are closely covering Ball Corporation’s latest developments. In their report “Ball Corporation: A Story Of Market Dominance & Adaptive Approach! – Major Drivers,” Baptista Research points out the company’s strong operating results in the fourth quarter and throughout 2023. They highlight the company’s strategic decisions, including the sale of its aerospace business and adjustments in its manufacturing footprint, which have contributed to a free cash flow of $818 million. This positive sentiment indicates a bullish outlook on Ball Corporation’s performance and future prospects.


A look at Ball Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth2
Resilience3
Momentum3
OVERALL SMART SCORE2.6

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

Based on Smartkarma Smart Scores, Ball Corporation shows a moderate outlook for Value, with a score of 3, indicating stable performance in this area. However, the company’s scores for Dividend and Growth are rated as 2, suggesting room for improvement in these aspects. In terms of Resilience and Momentum, Ball scores a 3, reflecting a decent level of resilience and momentum.

Ball Corporation is a global provider of metal packaging solutions for various industries, including beverages, foods, and household products. Additionally, the company offers aerospace technologies and services to both commercial and governmental clients. With a mixed rating across different factors, Ball’s long-term prospects may be influenced by its ability to enhance dividend payouts and drive growth in the 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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Thermax (TMX) Earnings: 1Q Net Income Below Estimates Despite 97% Y/Y Growth, Shares Rise 2.4%

By | Earnings Alerts
  • Thermax‘s net income for Q1 is 1.16 billion rupees, an increase of 97% year-over-year, but falls short of the estimated 1.35 billion rupees.
  • The company generated revenue of 21.8 billion rupees, up 13% year-over-year, but below the expected 22.44 billion rupees.
  • Total costs rose to 21.1 billion rupees, a 15% increase year-over-year.
  • Raw material costs were 11.5 billion rupees, registering a 12% increase year-over-year.
  • Finance costs surged to 274.8 million rupees from 133.7 million rupees year-over-year, compared to an estimate of 221.6 million rupees.
  • Other income was 840.9 million rupees, marking a 58% increase year-over-year.
  • The order balance stood at 106.8 billion rupees as of June 30.
  • Order booking in Q1 amounted to 25.7 billion rupees.
  • Shares rose by 2.4% to 5,195 rupees on a volume of 82,760 shares traded.
  • Analyst recommendations: 4 buys, 10 holds, 9 sells.

A look at Thermax Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
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

Thermax Ltd, a company specializing in manufacturing energy-related equipment, shows a promising long-term outlook based on Smartkarma Smart Scores. With a Growth score of 4, Thermax is positioned well for future expansion and development. This indicates a positive trajectory in terms of business growth and market performance. Moreover, its Resilience score of 5 underscores the company’s ability to withstand market fluctuations and economic challenges, showcasing a strong foundation for long-term sustainability. Additionally, a Momentum score of 4 suggests that Thermax is moving forward with significant market traction and investor interest.

While Thermax scores moderately in the Value and Dividend factors with scores of 2, its high Growth and Resilience scores, along with a solid Momentum score, paint a favorable picture for the company’s long-term prospects. By focusing on innovation and maintaining a resilient business model, Thermax is poised to capitalize on growth opportunities and navigate through uncertainties effectively. As a manufacturer of energy equipment with diverse product offerings and strategic alliances, Thermax stands to benefit from its strong market position and growth-oriented strategies in the foreseeable future.

*Summary: Thermax Ltd manufactures energy equipment and machinery, operating across various divisions such as Boilers, Heat Recovery Steam Generators, Water Treatment Plants, and Air Pollution Control Equipment. The company also engages in the production of steam and gas turbines and diesel gensets through strategic alliances.*


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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Adani Enterprises (ADE) Earnings: 1Q Net Income Soars to 14.5B Rupees, Revenue Up 12.5%

By | Earnings Alerts
  • Adani Enterprises reported a net income of 14.5 billion rupees for the first quarter of 2024, a significant increase from 6.74 billion rupees the previous year.
  • Revenue increased by 12.5%, reaching 254.7 billion rupees.
  • Integrated resources management revenue dropped by 28%, totaling 107.9 billion rupees.
  • Mining revenue grew by 46%, amounting to 8.6 billion rupees.
  • New energy ecosystem revenue surged, hitting 44.6 billion rupees compared to 19.2 billion rupees last year.
  • Airport revenue increased by 30%, totaling 21.5 billion rupees.
  • Other revenue saw an impressive growth of 73%, amounting to 89.2 billion rupees.
  • Total costs rose by 8.6%, reaching 238.3 billion rupees.
  • EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased by 48%, totaling 43 billion rupees.
  • Gross debt increased by 13%, standing at 566.6 billion rupees.
  • The company mentioned a Scheme of Arrangement among Adani Green Tech aiming for a simplified organization.
  • The resulting Food FMCG Company shares will be listed on BSE and NSE.
  • The Food FMCG business will be transferred to Adani Wilmar.
  • Analysts showed confidence in the stock, with 3 buys, 0 holds, and 0 sells.

Adani Enterprises on Smartkarma

Adani Enterprises is getting attention from independent analysts on Smartkarma, a platform where top analysts like Brian Freitas publish their research. In a recent report by Brian Freitas, titled “SENSEX Index Rebalance Preview,” the outlook seems positive (bullish lean). The report discusses potential changes to the SENSEX index, with Wipro likely to be removed in June and options like ONGC, Coal India, and Adani Enterprises being considered for addition. The report suggests that passive trackers may need to trade significantly on these stocks for potential index changes to materialize, indicating increased market activity ahead.


A look at Adani Enterprises Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum2
OVERALL SMART SCORE2.4

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

Adani Enterprises Limited, an international trading company operating from various locations including India, has a mixed long-term outlook based on the Smartkarma Smart Scores. The company received a moderate score of 2 for both its Value and Dividend factors, suggesting room for improvement in these areas. However, Adani Enterprises scored well with a 4 in Growth, indicating a positive outlook for expansion and development. In terms of Resilience and Momentum, the company received scores of 2, reflecting a stable but not necessarily dynamic position in these aspects.

Despite facing challenges in certain areas, Adani Enterprises continues to engage in diverse operations including coal mining, cargo handling, power generation, and trading in various products such as textiles, energy, metals, and agricultural products. With a focus on growth and a presence in multiple markets, the company’s future prospects may be influenced by its efforts to enhance its value proposition and dividend offerings to investors.


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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Cigna Group (CI) Earnings: 2Q Adjusted Operating EPS Surpasses Estimates with Strong Revenue Growth

By | Earnings Alerts
  • Adjusted operating EPS for Cigna in Q2 was $6.72, up from $6.13 last year, beating the estimate of $6.42.
  • Adjusted revenue reached $60.47 billion, a 24% increase year-over-year, surpassing the estimate of $58.38 billion.
  • Overall revenue came in at $60.52 billion, up 25% year-over-year, exceeding the estimate of $58.17 billion.
  • Global medical customers totaled 19.04 million, a 2.4% decrease year-over-year, missing the estimate of 19.23 million.
  • The medical care ratio was 82.3%, compared to 81.2% last year, and slightly above the estimate of 82.1%.
  • Cigna maintains its forecast for adjusted operating EPS of at least $28.40 for the year.
  • The company still expects adjusted revenue to be at least $235.00 billion for the year.
  • The projected medical care ratio remains between 81.7% and 82.5%.
  • Cash flow from operations is still anticipated to be at least $11.00 billion.

Cigna Group on Smartkarma

Analyst coverage of Cigna Group on Smartkarma, the independent investment research network, features insight from Baptista Research. In their report titled “Cigna Corporation: Is Their Investment in VillageMD Yielding The Expected Results? – Major Drivers,” Baptista Research discusses Cigna’s first-quarter results for 2024. The analysis highlights the company’s financial strength and strategic advancements, showing increased revenue, adjusted earnings per share, and an uplift in full-year 2024 earnings guidance. While Cigna is on a promising trajectory, the report notes areas of setbacks and challenges that could impact future performance, indicating a mix of positive and negative factors influencing the company’s outlook.


A look at Cigna Group 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

Based on the Smartkarma Smart Scores, Cigna Group seems to have a balanced long-term outlook across various key factors. With consistent scores of 3 in Value, Dividend, Growth, Resilience, and Momentum, the company appears to be positioned stably in the industry. This demonstrates a solid foundation in terms of financial health, potential for growth, and ability to navigate market movements.

The Cigna Group, operating as an insurance company offering a diverse portfolio of insurance products and services globally, seems to exhibit a moderate outlook across different facets. While not excelling in any particular area, the company’s consistent scores across multiple dimensions suggest a well-rounded approach to its operations. This balanced performance across Value, Dividend, Growth, Resilience, and Momentum could indicate a steady and dependable presence in the market over 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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Title: Air Products & Chemicals, Inc (APD) Earnings: Q3 Adjusted EPS Surpasses Estimates at $3.20

By | Earnings Alerts
  • Adjusted EPS Beats Estimates: Air Products’ adjusted earnings per share (EPS) from continuing operations was $3.20, ahead of the estimated $3.03.
  • Sales Below Expectations: Total sales stood at $2.99 billion, a 1.6% decline year-over-year (y/y), compared to an estimate of $3.02 billion.
  • Industrial Gases Americas: Sales were $1.23 billion, down 2.1% y/y, below the estimate of $1.27 billion.
  • Industrial Gases Asia: Reported sales of $789.6 million, -4% y/y, falling short of the $802.7 million estimate.
  • Industrial Gases Europe: Sales were $693.4 million, down 1.9% y/y, under the $700.1 million estimate.
  • Adjusted EBITDA Surpasses Expectations: The adjusted EBITDA was $1.3 billion, up 7.6% y/y, above the estimated $1.27 billion.
  • Industrial Gases Americas EBITDA: $604.2 million, a 6.4% increase y/y, better than the $586 million estimate.
  • Industrial Gases Asia EBITDA: $324.3 million, down 9.1% y/y, below the $344.7 million estimate.
  • Industrial Gases Europe EBITDA: $283.2 million, up by 12% y/y, exceeding the $260.2 million estimate.
  • Operating Income Performance:
    • Americas: $391.1 million, a 4.3% increase y/y, compared to the $379.1 million estimate.
    • Asia: $200.1 million, a 17% decrease y/y, missing the $221.9 million estimate.
    • Europe: $204.7 million, up 16% y/y, higher than the $195.8 million estimate.
  • Fiscal 2024 Adjusted EPS Guidance Confirmed: Full-year adjusted EPS guidance remains $12.20 to $12.50, up 6-9% over the prior year.
  • Fourth Quarter Guidance: Adjusted EPS guidance for Q4 fiscal 2024 is between $3.33 and $3.63.
  • Capital Expenditures Projection: Expected fiscal year 2024 capital expenditures range from $5.0 billion to $5.5 billion.
  • CEO Comments: The Chairman, President, and CEO highlighted the strong performance in the Americas and Europe, driven by pricing and productivity actions.
  • Analyst Recommendations: There are 12 buys, 12 holds, and 2 sells from analysts on Air Products’ stock.

A look at Air Products & Chemicals, Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
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

Air Products & Chemicals, Inc. holds a solid position in the market, with a strong outlook for the future according to the Smartkarma Smart Scores. The company scores well in growth and momentum, indicating a positive trajectory in both expanding its operations and market performance. Additionally, its value and dividend scores are commendable, reflecting a balanced approach to financial management. However, there is room for improvement in resilience, suggesting potential vulnerabilities that need addressing.

Air Products & Chemicals, Inc. is a leading producer of industrial gases and performance materials in the industry, catering to various sectors such as beverage, health, and semiconductors. With a focus on innovation and a diversified product portfolio, the company is well-positioned to capitalize on emerging trends and market demands. By leveraging its strengths in growth and momentum, Air Products & Chemicals, Inc. is poised for continued success and sustainable growth 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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Geely Auto (175) Earnings: July Sales Soar with 150,782 Vehicles Sold, Including EV Surge

By | Earnings Alerts
  • Total Sales in July: Geely Auto sold 150,782 vehicles this month.
  • Pure Electric Vehicle (EV) Sales: Out of the total, 30,858 were pure electric vehicles.
  • Plug-in Hybrid EV Sales: There were 28,193 plug-in hybrid electric vehicles sold.
  • Year-to-Date Sales: The company has sold a total of 1.11 million vehicles so far this year.
  • Analyst Recommendations: Geely Auto received 39 buy ratings, 1 hold rating, and 0 sell ratings from analysts.

A look at Geely Auto Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience4
Momentum3
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

Geely Auto, a passenger vehicles manufacturing company, presents a promising long-term outlook based on the Smartkarma Smart Scores. With an impressive score of 4 in both Growth and Resilience, the company is positioned for strong expansion and proven ability to weather challenges. This indicates that Geely Auto has potential for sustainable development and the capability to adapt to changing market conditions, bolstering its future prospects.

While scoring slightly lower in Value and Momentum with scores of 3, and in Dividend with a score of 2, Geely Auto still demonstrates solid overall performance. This suggests that while the company may not be undervalued or characterized by strong short-term price movements, it stands out in terms of growth opportunities and resilience. Investors looking for a company with a sound growth strategy and ability to navigate market uncertainties may find Geely Auto a compelling choice for long-term investment.


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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Nmdc Ltd (NMDC) Earnings: July Sales Increase by 5.2% to 3.06M Tons Despite 11% Drop in Production

By | Earnings Alerts
  • NMDC’s July sales increased by 5.2% year-over-year.
  • Sales for July 2024 reached 3.06 million tons, compared to 2.91 million tons in July 2023.
  • Production in July 2024 was 2.17 million tons, which is an 11% decrease year-over-year.
  • Analyst recommendations for NMDC include 12 buys, 2 holds, and 8 sells.

A look at Nmdc Ltd Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
Resilience5
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

The long-term outlook for NMDC Ltd appears promising based on the Smartkarma Smart Scores which evaluate different aspects of the company. With strong scores in Dividend, Resilience, and Momentum, NMDC Ltd is positioned well for future growth and stability. The company’s focus on value creation, evidenced by its high Value score, further reinforces its potential for long-term success.

As an exploration company delving into a wide range of minerals including iron ore, copper, and limestone, NMDC Ltd shows diversity in its operations. With solid scores in key areas such as Dividend and Resilience, the company demonstrates a commitment to providing returns to investors and weathering market challenges. Coupled with a positive Momentum score, NMDC Ltd is poised to capitalize on opportunities for growth and development 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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TVS Motor (TVSL) Earnings: July Vehicle Sales Surge by 8.6%, Shares Rise on Strong Performance

By | Earnings Alerts
  • TVS Motor’s vehicle sales in July reached 354,140 units, an 8.6% increase compared to last year.
  • Overall sales growth was recorded at 9%, compared with 4% growth from the previous year.
  • E-scooter sales saw a significant rise, with 21,442 units sold, marking a 61% increase year-over-year.
  • TVS Motor’s shares increased by 2.5%, closing at 2,594 rupees with 2.36 million shares traded.
  • Current market analyst recommendations include 21 buys, 9 holds, and 12 sells.

TVS Motor on Smartkarma



Analyst Pranav Bhavsar recently published a report on Smartkarma titled “Fundamental Longs – TVS Motors | Nestle India | Honasa.” In this report, Bhavsar discusses identifying fundamental longs through earnings surprises, EPS upgrades, and management narratives. The stocks covered in the report include TVS Motor (TVSL IN), Nestle India (NEST IN), and Honasa Consumer (HONASA IN). Bhavsar hints at the potential for TVS Motor’s EVs to surprise, Nestle offering safety in the current market environment, and the possibility of a turnaround for Honasa.



A look at TVS Motor Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
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

TVS Motor Company Limited, a leading manufacturer of motorcycles, mopeds, and scooters, has been assigned impressive Smart Scores across various key factors. With a strong focus on growth and momentum, the company is positioned well for long-term success. Its forward-thinking approach to innovation and market dynamics has earned it high scores in both these areas, indicating a positive trajectory in the coming years.

While TVS Motor Company may have room for improvement in terms of value and resilience, its solid dividend and growth scores showcase a commitment to rewarding investors and expanding its market presence. By leveraging its strengths in growth and momentum, TVS Motor Company is poised to capture new opportunities and navigate challenges effectively in 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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Zomato (ZOMATO) Earnings: 1Q Revenue Surpasses Estimates with 42.06 Billion Rupees

By | Earnings Alerts
  • Zomato‘s revenue for the first quarter was 42.06 billion rupees, surpassing the estimated 39.27 billion rupees.
  • Total costs for the first quarter amounted to 42.03 billion rupees.
  • Employee benefits expenses were reported at 5.29 billion rupees, slightly lower than the estimated 5.37 billion rupees.
  • Delivery and related expenses totaled 13.28 billion rupees.
  • There are 24 buy ratings, 1 hold rating, and 3 sell ratings for Zomato.

Zomato on Smartkarma

Independent analysts on Smartkarma are closely monitoring Zomato, with different sentiments on its future. Janaghan Jeyakumar, CFA, in his report “Quiddity Leaderboard BSE/SENSEX Dec 24,” expresses a bearish view, highlighting potential risks based on derivative linkage requirements. He points out that Zomato‘s share price rally could pose challenges as the company navigates the BSE indices rebalancing.

On the other hand, analyst Sumeet Singh presents contrasting perspectives. In the report “Zomato Placement Lockup Expiry,” Singh raises concerns about a looming US$800m overhang due to Antfin’s upcoming lockup expiration. However, in another insight titled “Zomato Placement – Momentum Is Very Strong,” Singh takes a bullish stance, noting the strong momentum in Zomato‘s placement activities, despite potential challenges. Investors are closely watching these diverse views to make informed decisions regarding Zomato‘s future performance.


A look at Zomato Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
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 the Smartkarma Smart Scores, Zomato‘s long-term outlook appears promising. The company received a high score of 5 in Growth, indicating strong potential for expansion and development in the future. Additionally, Zomato scored well in Resilience and Momentum, with scores of 4 in both categories. This suggests that the company has demonstrated the ability to withstand challenges and maintain positive performance.

Although Zomato received lower scores in Value and Dividend, with 2 and 1 respectively, the overall outlook remains optimistic. Zomato Limited, known for its online restaurant guide and food ordering platform, connects customers, restaurant partners, and delivery partners worldwide. With its focus on growth and resilience, Zomato is positioned to continue its success in the competitive food service 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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NIO (NIO) Earnings Preview: July Deliveries Dip 3.4% M/M Amid Strong SUV Growth

By | Earnings Alerts
  • NIO Inc. reported 20,498 vehicle deliveries in July 2024.
  • This is a slight decrease of 3.4% compared to the previous month.
  • The company delivered 11,964 premium smart electric SUVs in July, an increase of 3.3% month-over-month (m/m).
  • Deliveries of premium smart electric sedans totaled 8,534 in July, showing an 11% decrease m/m.
  • By the end of July 2024, NIO’s cumulative vehicle deliveries reached 557,518 units.
  • Analyst recommendations include 20 buys, 12 holds, and 1 sell.

A look at NIO Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth3
Resilience5
Momentum5
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

NIO Inc., a company that manufactures and sells electric vehicles, presents a mixed outlook based on Smartkarma Smart Scores. The company scores 2 for Value, indicating a moderate valuation compared to its peers. Additionally, NIO scores 1 in Dividend, suggesting a lower focus on distributing profits to shareholders. However, the outlook brightens with a Growth score of 3, indicating a positive trajectory in terms of expansion. Moreover, NIO receives a high Resilience score of 5, signaling strong ability to withstand economic challenges. Momentum also scores a 5, reflecting a favorable market sentiment towards the company’s performance.

Despite a moderate valuation and low focus on dividends, NIO’s growth prospects, resilience, and strong momentum paint a promising long-term outlook for the company. With a focus on manufacturing electric vehicles and offering related services globally, NIO appears to be positioned for sustained growth and resilience in the ever-evolving automotive industry. Investors may find NIO’s growth potential and market momentum appealing factors to consider when evaluating investment opportunities in the electric vehicle 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

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  • βœ“ Unlimited Research Summaries
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