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Earnings Alerts

Boeing Co (BA) Earnings Miss Estimates with $2.90 Core Loss Per Share in 2Q

By | Earnings Alerts
  • Revenue Miss: Boeing’s second-quarter revenue was $16.87 billion, below the $17.46 billion estimate.
  • Commercial Airplanes Revenue: Generated $6.00 billion, slightly missing the $6.03 billion forecast.
  • Defense, Space & Security Revenue: Brought in $6.02 billion, short of the $6.24 billion projection.
  • Global Services Revenue: Reported at $4.89 billion, lower than the $5.02 billion estimate.
  • Negative Adjusted Free Cash Flow: Was negative $4.33 billion, close to the negative $4.34 billion expectation.
  • Negative Operating Cash Flow: Stood at negative $3.92 billion, versus the negative $3.73 billion estimate.
  • Core Loss Per Share: Reported at $2.90.
  • Backlog: Totaled $515.87 billion.
  • Commercial Airplanes Operating Loss: Recorded a loss of $715 million, better than the expected loss of $824.8 million.
  • Defense, Space & Security Operating Loss: Registered a loss of $913 million, worse than the anticipated loss of $498.3 million.
  • Global Services Operating Earnings: Achieved $870 million, surpassing the $855 million estimate.
  • CEO’s Comment: Dave Calhoun emphasized substantial progress in strengthening the quality management system despite a challenging quarter.
  • Analyst Actions: Received 20 buy ratings, 11 hold ratings, and 2 sell ratings.

Boeing Co on Smartkarma



Analyst coverage of Boeing Co on Smartkarma reveals contrasting viewpoints from top independent analysts on the company’s future prospects. Baptista Research, in their report “The Boeing Company: Will The Strategic Acquisition of Spirit Pay Off? – Major Drivers,” highlights Boeing’s focus on improving production protocols and safety measures following the Alaska Airlines accident. CEO Dave Calhoun’s commitment to quality is emphasized, indicating a positive sentiment towards Boeing’s corrective actions.

On the other hand, Odd Lots presents a skeptical view in their report titled “A Longtime Aerospace Analyst Questions Boeing’s Future.” They raise concerns about Boeing’s strategic decisions, including the dissolution of the strategy department under CEO David Calhoun. Despite a strong global aviation market, Boeing’s stock has declined, reflecting worries about prioritizing financial performance over safety and engineering concerns. These divergent perspectives offer investors valuable insights into Boeing’s challenges and opportunities.



A look at Boeing Co Smart Scores

FactorScoreMagnitude
Value0
Dividend1
Growth5
Resilience5
Momentum3
OVERALL SMART SCORE2.8

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

Considering the Smartkarma Smart Scores for Boeing Co, the company holds a positive long-term outlook. With high scores in Growth and Resilience, Boeing Co is positioned well for future expansion and is deemed to be able to withstand economic challenges effectively. These scores indicate the company’s potential for continued development and its ability to navigate through uncertainties with strength.

Boeing Co‘s emphasis on growth and ability to adapt to market changes, along with its strong resilience to potential setbacks, signal a promising future ahead. While there may be some fluctuations in Momentum, the overall outlook for Boeing Co appears favorable thanks to its solid scores in key areas. As a major player in the commercial jet aircraft industry, as well as in defense systems, Boeing Co is poised to maintain its position as a leader in these sectors for 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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Coal India Ltd (COAL) Earnings: 1Q Net Income Surges Past Estimates at 109.6 Billion Rupees

By | Earnings Alerts
  • Coal India’s net income for Q1 2024 was 109.6 billion rupees, exceeding estimates of 76.54 billion rupees by 4.1% compared to last year.
  • Revenue stood at 364.6 billion rupees, a 1.3% increase year-over-year, slightly above the estimate of 360.21 billion rupees.
  • Other operating income rose to 32.9 billion rupees, marking a 13% growth year-over-year and surpassing the estimate of 29.89 billion rupees.
  • Other income also saw a significant rise, reaching 18.9 billion rupees, which is a 23% increase compared to the previous year.
  • Total costs recorded were 242.9 billion rupees, reflecting a minor increase of 0.7% year-over-year.
  • Employee benefits expenses amounted to 114.5 billion rupees, showing a decrease of 4.8% from last year, beating the estimate of 121.15 billion rupees.
  • Contractual expenses were 78.1 billion rupees, up 17% year-over-year and higher than the estimate of 73.52 billion rupees.
  • Finance costs for the quarter were 2.09 billion rupees, up 17% year-over-year but lower than the estimate of 2.34 billion rupees.
  • Other expenses came in at 26.3 billion rupees, showing a 4% increase from last year but were significantly below the estimates of 36.2 billion rupees.
  • Adjustments for stripping activity for the quarter ended June 2023 were 30.6 billion rupees, representing a credit balance.
  • Analyst recommendations include 20 buys, 3 holds, and 3 sells.

A look at Coal India Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE4.2

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

Coal India Ltd, a company renowned for its production and marketing of coal and coal products, is positioned quite favorably for the long term, according to the Smartkarma Smart Scores. With a stellar dividend score of 5, investors can expect consistent and attractive returns in the form of dividends. Moreover, the company scores well in terms of growth and resilience, with scores of 4 and 5 respectively, indicating a strong potential for expansion and the ability to withstand market challenges. These factors combined suggest a promising outlook for Coal India Ltd in the coming years.

Although the value score of 3 indicates some room for improvement in terms of undervaluation, the high scores in dividend, growth, resilience, and momentum (with a score of 4) paint a bright picture for the company’s performance in the foreseeable future. Investors looking for a company with a strong dividend yield, growth potential, and resilience in the face of market uncertainties may find Coal India Ltd to be an intriguing investment opportunity.

### Coal India Limited produces and markets coal and coal products, as well as provides related consulting services. ###


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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Bank Of Nanjing Co Ltd A (601009) Earnings: 1H Net Income Reaches 11.59B Yuan with Strong Buy Ratings

By | Earnings Alerts
  • Strong Financial Performance: Bank of Nanjing reported a net income of 11.59 billion yuan for the first half of the year.
  • Low Non-Performing Loans Ratio: The bank’s non-performing loans (NPL) ratio stands at a low 0.83%, indicating solid asset quality.
  • Analyst Ratings: The bank received positive analyst ratings with 17 buy recommendations, 2 holds, and no sell ratings.

A look at Bank Of Nanjing Co Ltd A Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.2

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

Bank of Nanjing Co., Ltd. A shows a promising long-term outlook based on the Smartkarma Smart Scores. With top scores in Value and Dividend at 5, it indicates strong fundamentals and a potential for solid returns for investors. Additionally, a score of 4 in Growth suggests that the company is positioned for future expansion and development. However, its Resilience score of 2 indicates some vulnerability to market fluctuations. On the bright side, Bank of Nanjing Co. shows excellent Momentum with a score of 5, indicating strong market confidence and positive trends.

Summary: Bank of Nanjing Co., Ltd. A, a commercial banking entity, offers a range of financial services to both businesses and individuals. With high scores in Value, Dividend, and Momentum, the company showcases potential for growth, solid financial performance, and market favorability. However, its Resilience score suggests a need for careful risk management in a dynamic market environment.


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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Garmin Ltd (GRMN) Earnings: 2Q Revenue Surpasses Estimates with Strong Fitness and Marine Segments Performance

By | Earnings Alerts
  • Garmin reported a second-quarter revenue of $1.51 billion, which is a 14% increase year-over-year. This beats the estimated revenue of $1.45 billion.
  • The Fitness segment’s operating income was $108 million, showing a remarkable 98% increase year-over-year. This exceeds the estimated $62.3 million.
  • The Outdoor segment recorded an operating income of $136 million, a slight decrease of 1.6% year-over-year. The estimate was $135.7 million.
  • The Marine segment saw an operating income of $60 million, up 29% year-over-year. This outperforms the estimated $41.9 million.
  • Analyst recommendations for Garmin include 1 buy, 6 holds, and 2 sells.

Garmin Ltd on Smartkarma



Analyst coverage of Garmin Ltd on Smartkarma reveals positive sentiments from Baptista Research. In one report titled “Garmin Ltd.: Engagement in Strategic Acquisitions and Investments In the Business! – Major Drivers,” the company reported strong results for its first quarter of 2024, experiencing a 20% increase in consolidated revenue to $1.38 billion. Multiple segments showed double-digit growth, with gross and operating margins also expanding year-over-year.

Another report by Baptista Research, titled “Garmin Ltd.: Initiation Of Coverage – What Is Its Biggest Competitive Advantage? – Major Drivers,” highlights the company’s strong growth in consolidated revenue and profit for Q4 2023. The report notes a 13% increase in revenue to nearly $1.5 billion, setting a new quarterly record. Three business segments within Garmin Ltd reported double-digit growth, showcasing a positive outlook for the company’s performance.



A look at Garmin Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience5
Momentum5
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

Garmin Ltd, a company specializing in navigation and communication devices utilizing GPS technology, has been assigned a range of Smart Scores reflecting its overall outlook. With a Growth score of 4, the company shows promise in expanding its products and services over the long term. Additionally, scoring high in Resilience and Momentum with 5s in both categories, Garmin demonstrates strong stability and positive market momentum, indicating favorable prospects for sustained growth.

While Garmin’s Value score is moderate at 2 and its Dividend score stands at 3, the company’s emphasis on growth, resilience, and momentum suggests a bright future lies ahead. Leveraging its expertise in GPS technology, Garmin Ltd is well-positioned to capitalize on emerging market opportunities, driving continued success in the navigation and communications sector.

Summary: Garmin Ltd. specializes in GPS-enabled navigation, communication, and information devices under its own brand name, positioning itself for steady growth and resilience in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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CDW Corp/De (CDW) Earnings: 2Q Adjusted EPS Misses Estimates Amid Economic Uncertainty

By | Earnings Alerts
  • 2Q Adjusted EPS: Reported at $2.50, missing the estimate of $2.53 and down from $2.56 year-over-year.
  • Net Sales: $5.42 billion, a decline of 3.6% year-over-year, slightly below the estimate of $5.43 billion.
  • Corporate Net Sales: Declined by 2.2% year-over-year to $2.20 billion, missing the estimate of $2.25 billion.
  • Public Net Sales: Fell by 2.3% year-over-year to $2.24 billion but exceeded the estimate of $2.18 billion.
  • Small Business Net Sales: Down 3.4% year-over-year to $382.9 million, missing the estimate of $387 million.
  • Other Net Sales: Decreased by 13% year-over-year to $602.0 million, below the estimate of $628 million.
  • Gross Profit: Slight increase of 0.1% year-over-year to $1.18 billion, matching the estimate.
  • Operating Income: Increased by 5.1% year-over-year to $433.1 million, slightly below the estimate of $439 million.
  • Comments from CEO: Christine A. Leahy noted strong performance in cloud, security, and services, attributing profitability to strategic investments over the past five years.
  • Comments from CFO: Albert J. Miralles highlighted economic uncertainty and increased technology complexity impacting solutions spend, but noted demand for client devices driven by refresh needs.
  • Analyst Recommendations: 9 buys, 3 holds, and 0 sells.

Cdw Corp/De on Smartkarma

Analysts on Smartkarma are closely monitoring CDW Corporation/De, with notable research reports published by Baptista Research. In their report titled “CDW Corporation: How Is The Assessment and Experimentation Stage of AI Progressing? – Major Drivers,” Baptista Research expressed a bullish sentiment following CDW’s Q1 2024 earnings. Despite market challenges, CDW demonstrated resilience with a gross profit of $1.1 billion and a non-GAAP operating income of $404 million. The Q1 gross margin set a record, underscoring CDW’s strong profitability and strategic integrity.

In another report by Baptista Research titled “CDW Corporation: Continued Focus on AI Investments & 5 Major Catalysts For Future Growth – Financial Forecasts,” analysts highlighted CDW’s performance in the fourth quarter of monetary 2023. Despite a 7.7% decrease in net sales compared to the previous year, the company reported a gross profit of $1.15 billion, showcasing its ability to deliver strong outcomes in a challenging market. With a focus on being a trusted advisor in complex technologies, CDW saw a rise in non-GAAP operating income and non-GAAP net income per share year-on-year, signaling a positive outlook for future growth.


A look at Cdw Corp/De Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
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

CDW Corporation of Delaware, a provider of information technology products and services, seems to have a positive long-term outlook based on the Smartkarma Smart Scores analysis. With a strong Growth score of 4, the company is projected to experience solid expansion in the future, indicating potential for increasing market share and profitability. Additionally, the Momentum score of 3 suggests that the company is gaining traction and could potentially outperform competitors in the near future.

While CDW Corp/De scores average in terms of Value, Dividend, and Resilience, the overall positive outlook on Growth and Momentum factors indicates potential for sustained growth and competitiveness in the industry. As a provider of hardware, software, cloud computing, and security solutions to various sectors in North America, including business, government, education, and healthcare customers, CDW Corp/De is positioned for continued success in the evolving technology 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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WEC Energy Group (WEC) 2Q Earnings Beat Estimates with Higher EPS Despite Revenue Dip

By | Earnings Alerts
  • WEC Energy’s second-quarter earnings per share (EPS) came in at 67 cents.
  • This EPS is higher than analysts’ estimate of 64 cents.
  • Compared to the same quarter last year, EPS decreased from 92 cents.
  • Operating revenue for the quarter was $1.77 billion.
  • This revenue figure is a 3.2% decrease year-over-year (y/y).
  • Analysts had estimated higher operating revenue at $1.89 billion.
  • Operating income was reported at $364.8 million.
  • This is a 14% decrease y/y, but higher than the estimate of $346.8 million.
  • Other operation and maintenance expenses increased by 7.5% y/y to $533.4 million.
  • These expenses came in lower than the estimated $546.4 million.
  • Analyst ratings include 7 buys, 9 holds, and 3 sells.

Wec Energy Group on Smartkarma

Independent analysts on Smartkarma have provided insightful coverage of WEC Energy Group, offering different perspectives on the company’s performance and future outlook.

Baptista Research, in their report “WEC Energy Group Inc.: Initiation of Coverage – Does It Have A Sustainable Competitive Advantage? – Major Drivers,” highlighted the company’s financial results and reiterated its full-year earnings guidance. The analysis focuses on evaluating various factors that could impact the company’s stock price, employing a Discounted Cash Flow (DCF) methodology for valuation.

Another analyst, Magellan – In The Know, published a report titled “Data Centres and Beyond: WEC Energy Powering Regional US Growth,” discussing the growth opportunities in the US electricity sector driven by data centers, manufacturing, and electrification. The report also explores investor interest in the regulated utility space and highlights WEC Energy’s involvement in the economic development of the I 94 corridor in Wisconsin.


A look at Wec Energy Group 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

WEC Energy Group, Inc., a utilities provider distributing electricity and natural gas, has a mixed long-term outlook based on the Smartkarma Smart Scores. With a solid dividend score of 4 and strong momentum score of 4, the company shows promise in providing consistent returns to investors and maintaining positive market performance. However, WEC Energy Group scores lower in value at 3, growth at 3, and resilience at 2, indicating potential areas of concern and volatility in its overall business operations.

Despite facing some challenges in terms of resilience and growth, WEC Energy Group’s strong dividend payout and positive momentum suggest a stable financial position and growth potential in the future. Investors may need to consider these factors carefully and weigh the company’s strengths and weaknesses before making long-term investment decisions in this utilities provider.


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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T Mobile Us Inc (TMUS) Earnings: Q2 Results Beat Estimates with Strong Postpaid Net Customer Growth

By | Earnings Alerts
  • Earnings Per Share (EPS): $2.49, up from $1.86 year-over-year (y/y).
  • Total Revenue: $19.77 billion, a 3% increase y/y, beating the estimate of $19.58 billion.
  • Service Revenue: $16.43 billion, up 4.4% y/y, surpassing the estimate of $16.34 billion.
  • Total Net Customers: Increased by 1.52 million, down 10% y/y, but beating the estimate of 1.25 million.
  • Postpaid Net Customers: Added 1.34 million, a 14% decrease y/y, but exceeded the estimate of 1.20 million.
  • Postpaid Phone Net Customers: Grew by 777,000, up 2.2% y/y, surpassing the estimate of 645,267.
  • Postpaid Other Net Customers: Increased by 561,000, a 30% decline y/y, but higher than the estimate of 544,284.
  • Prepaid Net Customers: Added 179,000, a 44% rise y/y, significantly above the estimated 76,146.
  • Adjusted EBITDA: $8.05 billion, an 8.8% increase y/y, meeting the estimate of $8.01 billion.
  • Postpaid Monthly ARPA: $142.54, up 2.6% y/y, beating the estimate of $142.09.
  • Postpaid Phone ARPU: $49.07, slightly above the estimate of $48.93.
  • Postpaid Phone Churn: 0.8%, slightly higher than 0.77% y/y, and above the estimate of 0.79%.
  • Prepaid ARPU: $35.94, a 5.4% decrease y/y, below the estimate of $36.89.
  • Prepaid Churn: 2.54%, down from 2.62% y/y, better than the estimate of 2.71%.
  • Total Customers at End of Period: 125.89 million, an 8% increase y/y, surpassing the estimate of 122.28 million.
  • Core Adjusted EBITDA Forecast for 2024: Projected between $31.50 billion to $31.80 billion, compared to previous guidance of $31.4 billion to $31.9 billion, and estimate of $31.64 billion.
  • Postpaid Net Customers Forecast for 2024: Expected to be between 5.40 million to 5.70 million, compared to previous guidance of 5.2 million to 5.6 million, and estimate of 5.29 million.
  • Capital Expenditure Forecast for 2024: Expected between $8.70 billion to $9.10 billion, previously $8.6 billion to $9.4 billion, estimate of $9.07 billion.
  • Adjusted Free Cash Flow Forecast for 2024: Projected between $16.60 billion to $17.00 billion, previously $16.4 billion to $16.9 billion, and estimate of $16.67 billion.

T Mobile Us Inc on Smartkarma

Analysts on Smartkarma, like Baptista Research, have been closely following T-Mobile US Inc. According to Baptista Research‘s report titled “T-Mobile US: Is The 5G Home Internet (FWA) Expansion Giving It An Edge Over Competitors? – Major Drivers,” T-Mobile showcased strong performance in Q1 2024 earnings, with continuous growth and an upward revision of guidance for the year. Notably, T-Mobile’s postpaid phone net additions have remained robust compared to industry trends, indicating the popularity of the company’s network value proposition among customers. This is supported by consistent growth in postpaid phone gross adds over quarters and a notable decline in Q1 postpaid phone churn.

In another report by Baptista Research titled “Can T-Mobile Be the Stealthiest Investment of 2024: Growth Strategies Unveiled! – Major Drivers,” the analysts highlighted T-Mobile’s significant achievements in 2023, with over 3.1 million postpaid phone net additions driven by record-high postpaid phone gross adds. T-Mobile’s market share of postpaid phone net additions in the industry peaked in Q4, with 934,000 additions, far exceeding competitors. These reports provide valuable insights into T-Mobile’s strategic growth initiatives and its positioning in the market, making it an intriguing company to watch for potential investors.


A look at T Mobile Us Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
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

When looking at the overall outlook for T-Mobile US Inc using the Smartkarma Smart Scores, the scores paint a positive picture. With a strong score of 5 for Growth, T-Mobile US Inc is showing great potential for future expansion and development. The company’s Momentum score of 4 indicates a positive trend in its market performance, suggesting continued growth in the near future. Although the company’s scores for Value and Dividend are not as high, its resilience score of 2 shows a stable base for weathering economic challenges.

T-Mobile US, Inc. stands out as one of the major players in the US wireless carrier industry, formed from the merger of T-Mobile USA and MetroPCS. With a focus on growth and momentum, the company is positioned to capitalize on opportunities for expansion and market advancement. While there may be room for improvement in terms of value and dividend scores, T-Mobile US Inc’s resilience score suggests a strong foundation for long-term stability in the ever-evolving telecommunications 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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Penske Automotive Group (PAG) Earnings: Q2 EBITDA Surpasses Estimates Despite Year-Over-Year Decline

By | Earnings Alerts
  • EBITDA Beats Estimates: Penske Automotive’s Q2 EBITDA was $384 million, beating the estimate of $358 million but down 16% year-over-year.
  • EPS Decline: The Earnings Per Share (EPS) for Q2 stood at $3.61 compared to $4.41 in the previous year.
  • Revenue Growth: Total revenue for Q2 was $7.70 billion, up 3.1% year-over-year and surpassing the estimate of $7.6 billion.
  • Retail Automotive Revenue: Retail automotive revenue reached $6.62 billion, a 3.3% increase year-over-year, beating the estimate of $6.55 billion.
  • Retail Commercial Truck Revenue: Retail commercial truck revenue fell by 2.9% to $892.3 million but still exceeded the estimate of $873.3 million.
  • Commercial Vehicle Distribution Revenue: Revenue from commercial vehicle distribution and other segments surged by 32% year-over-year to $189 million, surpassing the estimate of $157.6 million.
  • Gross Margin Decline: The company’s overall gross margin was 16.4% compared to 17% the previous year.
  • Retail Automotive Gross Margin: Retail automotive gross margin was 16.2%, down from 17% year-over-year.
  • Retail Commercial Truck Gross Margin: Retail commercial truck gross margin held at 16.2%, lower than the estimated 17%.
  • Commercial Vehicle Distribution Gross Margin: Gross margin for commercial vehicle distribution and other segments was 23.6%, down from 28.1% year-over-year and missing the estimate of 25.1%.
  • Expense Management: The company achieved a sequential decline in selling, general, and administrative expenses as a percentage of gross profit by 50 basis points to 70.2% due to a focus on efficiency and cost control.
  • CEO Comments: Chair and CEO Roger Penske highlighted the strong performance of the service and parts business, contributing to a record total quarterly revenue.

A look at Penske Automotive Group Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
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

Based on Smartkarma Smart Scores, the long-term outlook for Penske Automotive Group looks promising. With a Growth score of 4, the company is positioned for potential expansion and development. This indicates a positive trajectory for the company’s future performance. Additionally, a Value score of 3 suggests that Penske Automotive Group is reasonably priced in relation to its fundamentals, offering potential value for investors.

However, it’s important to note that Penske Automotive Group has a Resilience score of 2, which indicates a lower level of resilience compared to other factors. This suggests that the company may face challenges in adapting to unforeseen circumstances. Overall, with an overall Smart Score of 3, Penske Automotive Group shows a balanced performance across various factors, making it a company to watch in the auto dealership industry.

**Summary:** Penske Automotive Group, Inc. operates franchised automobile dealerships across the United States, Puerto Rico, and the United Kingdom. The company sells new and used vehicles while offering maintenance and repair services for all brands it represents, showcasing a diversified and widespread presence in the automotive 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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Altria Group (MO) Earnings: Adjusted EPS Forecast Narrowed, Revenue Misses Estimates in Q2

By | Earnings Alerts
  • Altria Corporation narrows its full-year adjusted EPS forecast to $5.07 – $5.15, compared to its previous forecast of $5.05 – $5.17. The market estimate was $5.10.
  • Second Quarter Highlights:
    • Total revenue excluding excise taxes: $5.28 billion, down 3% year-over-year, against the estimate of $5.4 billion.
    • Revenue from smokeable products, net of excise taxes: $4.59 billion, down 4% year-over-year, against the estimate of $4.73 billion.
    • Revenue from oral tobacco products, net of excise taxes: $687 million, up 5.5% year-over-year, against the estimate of $682.4 million.
    • Adjusted EPS consistent at $1.31 compared to the previous year, short of the estimate of $1.34.
    • Smokeable products adjusted operating companies income (OCI): $2.83 billion, down 2% year-over-year, against the estimate of $2.84 billion.
    • Oral tobacco adjusted OCI: $451 million, up 1.8% year-over-year, below the estimate of $475.2 million.
  • Shipment Volumes:
    • Cigarette shipment volume: 17.90 billion sticks, below the estimate of 18.47 billion, reflecting a 13% decline against an estimated decline of 9.49%.
    • Cigar shipment volume: 462 million sticks, surpassing the estimate of 446.2 million, but down 0.9% year-over-year against an estimated decline of 4.52%.
    • Oral tobacco shipment volume: 200.7 million cans & packs, slightly under the estimate of 201.6 million, reflecting a 1.8% decline against an estimated decline of 1.37%.
  • Analyst Recommendations:
    • 6 buys
    • 5 holds
    • 3 sells

Altria Group on Smartkarma

Analyst coverage of Altria Group on Smartkarma is providing valuable insights into the company’s performance and future outlook. Baptista Research, through their report “Altria Group: Can Its Oral Tobacco Category and Smoke-Free Products Reshape The Future? – Major Drivers,” emphasized key insights from Altria Group‘s recent 2024 first quarter earnings. CEO Billy Gifford’s remarks highlighted the company’s significant progress despite a challenging business environment. Altria’s commitment to investment returns was evident with the sale of a portion of its investment in ABI and the subsequent expansion of its share repurchase program.

In another report by Baptista Research titled “Altria Group: Promotion Of Smoke-Free Products & 5 Other Factors Driving Growth! – Financial Forecasts,” the focus was on Altria Group‘s intent to diversify into smoke-free product categories such as heated tobacco, oral tobacco, and e-vapor. This strategic move aims to offset declining cigarette volumes and broaden the consumer base for sustained growth. The research highlights important factors discussed in Altria Group‘s recent earnings call, providing investors with essential insights to consider for their investment decisions.


A look at Altria Group Smart Scores

FactorScoreMagnitude
Value0
Dividend5
Growth4
Resilience5
Momentum5
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

Altria Group, Inc., a leading holding company in the tobacco industry, is positioned favorably for long-term success based on its Smartkarma Smart Scores. With top marks in Dividend, Growth, Resilience, and Momentum, Altria is demonstrating strength across key factors essential for sustained success. The company’s high scores signal a positive outlook for investors looking at Altria Group as a potential long-term investment.

Despite receiving a lower score in the Value category, Altria’s overall positive performance in Dividend, Growth, Resilience, and Momentum underscores its potential for solid long-term growth and stability. With a diverse portfolio that includes manufacturing and selling cigarettes, cigars, pipe tobacco, and an interest in a brewery company, Altria Group continues to show resilience and momentum in its operations, positioning it well for the future.

### Summary: Altria Group, Inc. is a holding company with subsidiaries engaged in the manufacturing and sale of tobacco products, including cigarettes, cigars, and pipe tobacco. Additionally, Altria holds an interest in a brewery company. ###


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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### Headline: Marriott International (MAR) Earnings: FY Adjusted EPS Forecast Cut Amid Missed Estimates

By | Earnings Alerts
  • Marriott International revised its full-year adjusted EPS forecast to $9.23 – $9.40, down from the previous $9.31 – $9.65, with an initial estimate of $9.50.
  • The company adjusted its full-year EBITDA outlook to $4.95 billion – $5.02 billion, previously $4.96 billion – $5.09 billion, with an estimate of $5.03 billion.
  • Gross fee revenues are forecasted to be between $5.13 billion – $5.18 billion, versus the previous $5.18 billion – $5.28 billion.
  • Investment expenditure projections remain steady at $1.00 billion – $1.20 billion.

Third Quarter Forecast

  • Adjusted EPS for Q3 is projected at $2.27 – $2.33, below the estimate of $2.38.
  • Anticipated Q3 EBITDA is $1.23 billion – $1.25 billion, compared to the estimate of $1.26 billion.
  • Gross fee revenues for Q3 are forecasted at $1.28 billion – $1.29 billion.

Second Quarter Results

  • Q2 Adjusted EPS was $2.50, up from $2.26 year-over-year, exceeding the estimate of $2.47.
  • Reported EPS for Q2 was $2.69, an increase from $2.38 year-over-year.
  • Q2 Revenue reached $6.44 billion, a 6% increase year-over-year, though below the estimate of $6.51 billion.
  • North America Revenue Per Available Room (REVPAR) grew by 3.9% in constant currency.
  • Worldwide REVPAR increased by 4.9% in constant currency.
  • Q2 Adjusted EBITDA was $1.32 billion, an 8.6% rise year-over-year, beating the estimate of $1.31 billion.
  • Adjusted operating income for Q2 was $1.12 billion, up 7.4% year-over-year, aligning with the estimate of $1.11 billion.
  • The adjusted operating margin stood at 65%, compared to 64% year-over-year, slightly below the estimate of 65.2%.
  • The total number of locations increased by 4.4% year-over-year to 8,969, surpassing the estimate of 8,767.
  • Total rooms at the end of the period were 1.66 million, a 6% increase year-over-year, matching the estimate.

Comments

  • Marriott continues to expand its global portfolio and expects net rooms growth of 5.5% to 6% for the full year 2024.

Analysts’ Ratings


Marriott International on Smartkarma

Analysts on Smartkarma, like Baptista Research, are bullish on Marriott International, citing the company’s strong performance. According to Baptista Research‘s report titled “Marriott International: Symbiotic Strengths Fueling Marriott’s Market Dominance! – Major Drivers,” Marriott’s first quarter earnings in 2024 showcased positive trends despite the pandemic’s impact. Global RevPAR saw a 4.2% increase, with occupancy reaching nearly 66% and ADR rising around 3% compared to the previous year.

In another report by Baptista Research, “Marriott International: Increased Demand from Corporates and Leisure Customers Changing The Game? – Major Drivers,” the firm highlighted Marriott’s robust performance in 2023 driven by strong travel demand and a diverse brand portfolio. The global RevPAR surged nearly 15%, while net rooms increased by 4.7%, contributing to profitable growth in earnings and cash flows. The fourth quarter saw a notable over 7% year-on-year increase in global RevPAR, supported by growth in ADR and occupancy levels.


A look at Marriott International Smart Scores

FactorScoreMagnitude
Value0
Dividend2
Growth5
Resilience5
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

Marriott International Inc., a global hotel operator and franchisor known for its various brand names, has received favorable Smartkarma Smart Scores across key factors. With a high Growth score of 5 and a strong Resilience score of 5, the company appears poised for long-term success. This indicates a positive outlook for Marriott International‘s expansion and ability to withstand market challenges.

Despite a lower Momentum score of 3, the company’s Dividend score of 2 suggests a moderate performance in terms of dividend payouts. The Value score of 0 indicates that investors may need to consider other factors beyond traditional value metrics when evaluating Marriott International. Overall, with its robust growth prospects and resilience, Marriott International seems well-positioned for sustained success in the hospitality 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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