Category

Earnings Alerts

Comfort Systems USA (FIX) Earnings: 2Q Revenue and Profit Beat Estimates with 40% Growth

By | Earnings Alerts
  • Revenue: Comfort Systems USA reported revenue of $1.81 billion, beating the estimate of $1.68 billion. This represents a 40% year-over-year increase.
  • Operating Income: The company had an operating income of $184.7 million, surpassing the estimate of $144 million.
  • Pretax Profit: Pretax profit was reported at $169.7 million, exceeding the estimate of $143.8 million.
  • Adjusted EBITDA: Adjusted EBITDA came in at $222.7 million, higher than the expected $180.8 million.
  • Cash from Operating Activities: Cash generated from operating activities was $189.9 million, outperforming the estimate of $127.6 million.
  • SG&A Expense: SG&A expense totaled $179.5 million, slightly above the estimate of $173.3 million.
  • Analyst Ratings: The company has 2 buy ratings, 3 hold ratings, and 0 sell ratings from analysts.

Comfort Systems Usa on Smartkarma

Comfort Systems Usa has been receiving positive analyst coverage on Smartkarma, an independent investment research network. Baptista Research, one of the top independent analysts on the platform, published two insightful reports on the company. The first report, titled “Comfort Systems USA: Strategic Acquisitions for Revenue Growth & 3 Major Growth Drivers,” highlights the company’s strong performance in Q1 2024. With robust revenue growth, significant margin expansion, and solid cash flow, Comfort Systems USA reported impressive results. President and CEO, Brian Lane, credited the success to the dedicated teams across the country, achieving a 23% same-store growth.

The second report by Baptista Research, “Comfort Systems USA: Initiation Of Coverage – Recent Acquisitions & 4 Major Factors Driving Growth!” commends the company’s achievements throughout 2023. With quarterly revenue reaching $1.4 billion and a considerable 18% same-store growth, Comfort Systems USA demonstrated notable progress. Both the mechanical and electrical businesses of the company experienced growth and improved margins, contributing to a successful year. These reports reflect a bullish sentiment on Comfort Systems USA’s future prospects as analyzed by the expert team at Baptista Research.


A look at Comfort Systems Usa Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
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

Based on SmartKarma Smart Scores, Comfort Systems Usa appears to have a promising long-term outlook. With a growth score of 4, the company is positioned well for future expansion and development. This indicates that Comfort Systems Usa has strong potential for increasing its market share and profitability over time. Additionally, with resilience and momentum scores of 3, the company shows solid stability and performance consistency, which are essential qualities for sustaining growth in the long run.

While the value and dividend scores are not as high as growth, resilience, and momentum, Comfort Systems Usa‘s overall outlook seems positive. The company’s focus on providing heating, ventilation, and air conditioning services to a diverse range of commercial and industrial markets underscores its adaptability and relevance in various sectors. This, combined with its favorable Smart Scores, suggests that Comfort Systems Usa may be a promising investment option for long-term growth potential.


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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Skechers USA Inc Cl A (SKX) Earnings: 2Q Adjusted EPS Surpasses Estimates Despite Mixed Metrics

By | Earnings Alerts
  • Adjusted EPS: Earnings per share (EPS) for Skechers were 97 cents, higher than the expected 95 cents.
  • Regular EPS: Skechers reported EPS of 91 cents, down from 98 cents year-over-year (y/y).
  • Net Sales: The company achieved net sales of $2.16 billion, falling short of the $2.23 billion estimate.
  • Direct-to-Consumer Sales: These sales reached $1.03 billion, an increase of 9.2% y/y, but below the $1.07 billion estimate.
  • Gross Margin: The gross margin improved to 54.9%, higher than the y/y figure of 52.7% and the estimated 53.6%.
  • Operating Margin: Lowered to 9.6% from 10.8% y/y, not meeting the estimated 9.69%.
  • Inventory: Increased to $1.51 billion, a 1.9% rise y/y, slightly above the $1.49 billion estimate.
  • Earnings Before Income Taxes: Decreased by 7.1% y/y to $204.9 million, missing the $218.3 million estimate.
  • Comments on Performance: Strong performance in international direct-to-consumer and domestic wholesale, with respective increases of 15% and 14%.
  • Growth Drivers: Sales increases of 9% in Direct-to-Consumer, 6% in Wholesale, 7% internationally, and 8% domestically contributed to overall growth.
  • Challenges: The international segment faced significant challenges from foreign currency issues, a weak period (6-18) in China, and supply chain disruptions related to the Suez Canal crisis.
  • Ratings: The stock has 17 buy ratings, 1 hold, and no sell ratings from analysts.

Skechers Usa Inc Cl A on Smartkarma

Analyst coverage of Skechers Usa Inc Cl A on Smartkarma reveals positive sentiments from Baptista Research. In one report titled “Skechers U.S.A.: Increased Innovation and Messaging around Comfort Technologies & Other Major Drivers,” the company achieved a new quarterly sales record of $2.25 billion in Q1 2024, marking a 12.5% increase compared to the previous year. Diluted earnings per share also reached a record of $1.33, driven by growth in both direct-to-consumer and wholesale sectors globally.

In another report by Baptista Research titled “Skechers U.S.A.: Does The Recovery In Wholesale Orderbook Warrant A Bullish Thesis? – Major Drivers,” Skechers ended the 2023 fiscal year on a high note with an annual sales record of $8 billion. This milestone was supported by achieving four quarterly sales records, including a fourth-quarter sales figure of $1.96 billion, as well as an annual gross margin record of 51.9%. Overall, analyst sentiment on Skechers Usa Inc Cl A remains optimistic based on these research insights.


A look at Skechers Usa Inc Cl A Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth5
Resilience3
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, Skechers USA Inc Cl A has a promising long-term outlook. With a strong Growth score of 5, the company is positioned for significant expansion and development in the future. Additionally, Skechers scores well in Momentum with a score of 4, indicating positive market momentum and potentially favorable stock performance ahead.

Despite a lower Dividend score of 1, the company’s overall outlook appears bright, supported by solid Value and Resilience scores of 3 each. Skechers USA Inc Cl A is known for designing and marketing a wide range of footwear for various demographics, selling through multiple channels both domestically and internationally, which enhances its market presence and potential for continued success.


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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Cincinnati Financial (CINF) Earnings: 2Q EPS Beats Estimates with Solid Growth

By | Earnings Alerts





Listicle on <a href="https://smartkarma.com/entities/cincinnati-financial-corp">Cincinnati Financial</a> 2Q Results

  • Adjusted Operating EPS: $1.29, higher than the estimated $0.96.
  • Premiums Earned: $2.16 billion, an 11% year-over-year increase but slightly below the $2.2 billion estimate.
  • P&C Net Premiums Written: $2.46 billion, up 14% year-over-year, beating the $2.41 billion estimate.
  • Investment Income: $242 million, a 10% increase year-over-year, though short of the $250 million estimate.
  • Combined Ratio: 98.5%, compared to 97.6% last year and an estimate of 102%.
  • Underwriting Expenses Ratio: 30.4%, up from 29.9% last year, against an estimate of 29.8%.
  • Combined Ratio Before Catastrophe Losses: 88.2% versus 90.4% last year.
  • Commercial Lines Accident Ratio Before Catastrophe Losses: 60%, compared to 60.3% last year and beating the 61% estimate.
  • Book Value Per Share: $81.79, an increase from $70.33 last year, slightly above the $81.12 estimate.
  • Loss and Loss Expense Ratio: 68.1%, better than the 72.3% estimate.
  • Personal Lines Accident Ratio Before Catastrophe Losses: 54.9%, lower than 58.9% last year and the 56.2% estimate.
  • Analyst Ratings: 6 buy ratings, 4 hold ratings, and 0 sell ratings.



Cincinnati Financial on Smartkarma

Analyst coverage of Cincinnati Financial on Smartkarma has been positive, particularly with Baptista Research‘s recent report titled “Cincinnati Financial Corporation: Initiation of Coverage – A Story Of Expansion and Diversification in Reinsurance and Global Operations! – Major Drivers”. The research highlights the company’s strong financial results for the first quarter of 2024, showcasing progress in underwriting profitability and growth in investment income. Cincinnati Financial reported a net income of $755 million, with a substantial gain from the increase in the fair value of equity securities. The non-GAAP operating income also nearly doubled from the previous year to $272 million, attributed to a reduction in catastrophe losses and robust operating performance.


A look at Cincinnati Financial Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience3
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

Analysts at Smartkarma have given Cincinnati Financial a strong overall outlook based on their Smart Scores. With high scores in value, resilience, and momentum, the company is positioned well for the long term. This indicates that the company is seen as offering good value for investors, maintaining steady performance even in challenging conditions, and showing consistent upward movement.

Cincinnati Financial Corporation, known for its property and casualty insurance offerings, has also garnered moderate scores in dividend and growth categories. While not the highest, these scores still indicate a decent outlook in terms of dividend payments and potential for growth. Investors may view Cincinnati Financial as a reliable choice with a solid foundation and room for advancement 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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Edison International (EIX) Earnings: 2Q Core EPS Surpasses Estimates, Revenue Up 9.4%

By | Earnings Alerts

Edison International 2Q Highlights

  • Core EPS: $1.23, up from $1.01 year-over-year (y/y), beating the estimate of $1.07.
  • Operating Revenue: $4.34 billion, up 9.4% y/y, surpassing the estimate of $4.21 billion.
  • Operating Expenses: $3.44 billion, up 6% y/y, but higher than the estimate of $3.25 billion (2 estimates).
  • Operating Income: $900 million, up 24% y/y, below the estimate of $998.4 million (2 estimates).
  • CEO Comments: Pedro J. Pizarro, president and CEO, reaffirmed the 2024 core EPS guidance of $4.75 to $5.05.
  • Long-Term Growth: Reiterated core EPS growth rate targets of 5%-7% for 2021-2025 and 5%-7% for 2025-2028.
  • 2025 General Rate Case: Confidence in achieving a strong outcome for customers based on progress and partial settlements.
  • Analyst Ratings: 10 buys, 8 holds, 1 sell.

Edison International on Smartkarma

Analysts at Baptista Research on Smartkarma have recently initiated coverage on Edison International, providing insights into the company’s competitive advantage in their domain and identifying major drivers for growth. The research report highlights Edison International‘s solid performance in the first quarter of 2024, with a core EPS of $1.13 and a reaffirmed 2024 core EPS guidance range of $4.70 to $5.05. This strong start to the year underscores the company’s robust operational strategy and ongoing investments in infrastructure and safety measures, particularly in response to the continued threat of wildfires in their service areas.


A look at Edison International 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

Edison International, a global electricity generation company, presents a mixed outlook according to Smartkarma’s Smart Scores. With a solid dividend score of 4 and strong momentum score of 4, the company shows promise in terms of investor payouts and market performance. However, Edison International‘s value and growth scores at 3 each suggest a moderate position in terms of valuation and expansion potential. Furthermore, a resilience score of 2 indicates a lower level of financial stability and adaptability in challenging market conditions.

Overall, Edison International offers a reliable dividend income for investors and has shown robust market momentum. However, its value, growth, and resilience scores suggest a need for careful consideration of the company’s long-term performance and stability. Investors may need to closely monitor how the company navigates challenges and capitalizes on growth opportunities in the evolving energy sector to maximize returns.


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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Texas Roadhouse (TXRH) Earnings: 2Q EPS Soars Past Estimates with $1.79 EPS and $1.34B Revenue

By | Earnings Alerts
  • Texas Roadhouse‘s Q2 Earnings: EPS reached $1.79, surpassing last year’s $1.22 and beating the estimate of $1.65.
  • Revenue Growth: Achieved $1.34 billion, marking a 15% year-over-year increase, aligning with expectations.
  • Sales Breakdown:
    • Restaurant and other sales totaled $1.33 billion, a 15% increase, matching estimates.
    • Franchise royalties and fees reached $7.56 million, an 11% year-over-year increase but below the estimate of $8.35 million.
  • Franchise Restaurant Performance: Comparable sales grew by 6.6%, compared to a 10.8% increase last year.
  • Improved Margins: Restaurant margin rose to 18.2% from 15.7% last year, beating the 17.1% estimate.
  • Location Count Growth: Total locations increased by 1.2% quarter-over-quarter to 762, slightly above the estimate of 761.4.
  • Comparable Sales: Restaurant comparable sales increased by 9.3%, compared to 9.1% last year, and surpassed the estimate of 8.89%.
  • US Franchise Performance: US franchise restaurants saw an 8.3% increase in comparable sales, compared to 9.2% last year and above the 6.36% estimate.
  • Analyst Recommendations: 12 analysts recommend buying, 15 recommend holding, and none suggest selling.

Texas Roadhouse on Smartkarma

Analysts on Smartkarma, like Baptista Research, are providing positive coverage of Texas Roadhouse. In their report “Texas Roadhouse: How Is The Management Developing Its Secondary Brands? – Major Drivers,” they highlight the company’s strong Q1 2024 earnings. With quarterly revenue exceeding $1.3 billion, a same-store sales growth of 8.4%, and a focus on guest experience and quality, Texas Roadhouse has had a robust start to the year despite economic uncertainties.

In another report by Baptista Research, titled “Texas Roadhouse Inc.: Initiation Of Coverage – Will Its Investments In Digital Technology Pay Off? – Major Drivers,” the analysts note the company’s success in 2023. Texas Roadhouse generated over $4.6 billion in revenue and increased its average unit volumes to more than $7.6 million. This positive outlook from analysts indicates confidence in Texas Roadhouse‘s performance and future prospects.


A look at Texas Roadhouse Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
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

With an overall Smart Score reflecting a positive long-term outlook, Texas Roadhouse is positioned for growth and momentum in the future. The company scores high in Growth and Momentum factors, indicating strong potential for expansion and positive market performance. Texas Roadhouse‘s focus on offering quality food items such as hand-cut steaks and diverse menu options sets a promising stage for continued success in the casual dining sector.

Although Texas Roadhouse‘s Value and Dividend scores are moderate, the company’s resilience score highlights its ability to navigate challenges and remain steady in the face of economic fluctuations. With a solid foundation built on quality offerings and efficient operations, Texas Roadhouse is well-poised to uphold its reputation as a leading full-service restaurant chain 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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Norfolk Southern (NSC) Earnings: 2Q Adjusted EPS Beats Estimates at $3.06 vs. $2.87

By | Earnings Alerts
  • Norfolk Southern reported an adjusted EPS of $3.06, beating last year’s $2.95 and exceeding the estimated $2.87.
  • The company’s actual EPS was $3.25, significantly higher than last year’s $1.56 and surpassing the estimated $2.88.
  • Railway operating revenue matched the estimate at $3.04 billion, showing a 2.1% year-over-year increase.
  • Merchandise revenue rose by 4.3% year-over-year to $1.90 billion, close to the estimate of $1.91 billion.
  • Coal revenue fell by 2.7% year-over-year to $398 million but exceeded the estimate of $379.5 million.
  • Intermodal revenue decreased by 0.4% year-over-year to $742 million, below the estimate of $759.7 million.
  • The adjusted operating ratio improved to 65.1% from last year’s 80.7%, better than the estimated 66.6%.
  • The company forecasts revenue growth of about 1% to 3% for the year, compared to an earlier prediction of around 3%.
  • In the second quarter, insurance recoveries related to the Eastern Ohio incident were greater than the incurred costs.
  • Norfolk Southern expects to achieve a second-half operating ratio of 64% to 65%, a 400 to 500 basis points improvement year-over-year.

Norfolk Southern on Smartkarma

On Smartkarma, renowned independent analysts from Baptista Research have been closely covering Norfolk Southern Corporation, providing valuable insights for investors. In one of their reports titled “Norfolk Southern Corporation: How Is Enhanced Operational Efficiency & Productivity Boost Impacting Their Bottom-Line? – Major Drivers,” Norfolk Southern‘s first quarter of 2024 was highlighted as a period of strategic growth and prudent operational strategies. The company’s focus on customer service, productivity, and growth, coupled with strong safety measures, has positioned them for top-tier earnings in the industry. Alan Shaw, the company’s president and CEO, emphasized the importance of safety and service in 2023 to safeguard the company’s franchise and shareholders.

In another report titled “Norfolk Southern Corporation: A Tale Of Expansion & Investment in Intermodal Operations! – Major Drivers,” Baptista Research discussed Norfolk Southern‘s Fourth Quarter 2023 Earnings. Despite facing challenges such as network disruptions, a weak freight market, and a major train derailment in Eastern Ohio, the company showcased resilience and commitment to safety and service. This mixed performance underscores Norfolk Southern‘s dedication to navigating through obstacles and striving for operational excellence in the transportation industry.


A look at Norfolk Southern Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
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

Based on the Smartkarma Smart Scores, Norfolk Southern Corporation is positioned for a stable long-term outlook. With moderate ratings across Value, Growth, and Momentum, the company demonstrates a steady performance trajectory. While its Value and Resilience scores are average, the company’s Dividend and Growth scores indicate promising prospects. Norfolk Southern‘s consistent momentum further underscores its potential for sustained growth in the future.

Norfolk Southern Corporation, a leading provider of rail transportation services, operates primarily in key regions of the United States, facilitating the movement of various goods across the country. With a strategic focus on transporting raw materials, intermediate products, and finished goods, the company plays a vital role in connecting businesses to markets efficiently. Additionally, Norfolk Southern‘s logistics network extends to international trade, serving overseas freight through key ports along the Atlantic and Gulf Coast, showcasing its significance in the global supply chain.


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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Enel SpA (ENEL) Earnings: 1H Adjusted Net Income Surpasses Estimates with a 21% YoY Increase

By | Earnings Alerts
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  • Enel’s adjusted net income for the first half of 2024 was EU3.96 billion, surpassing estimates by 21% year-over-year.
  • The estimated adjusted net income was EU3.9 billion.
  • Total revenue reached EU38.73 billion.
  • Adjusted Ebitda stood at EU11.68 billion, reflecting an 8.8% increase year-over-year and surpassing the estimate of EU11.63 billion.
  • Net income soared to EU4.14 billion, a 65% increase year-over-year.
  • Net debt was reported at EU57.41 billion, with an estimate of EU55.96 billion.
  • CEO Flavio Cattaneo confirmed the company is on track to achieve its targets for 2024.
  • The second half of the year shows strong visibility, positioning Enel at the high end of its guidance range.
  • The company aims to achieve cash neutrality and potentially exceed the minimum dividend of EU0.43 per share.
  • Enel has garnered 23 buy ratings, 5 hold ratings, and no sell ratings from analysts.

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A look at Enel SpA Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Enel SpA, a multinational power company focusing on Europe and Latin America, showcases a strong performance in key areas according to the Smartkarma Smart Scores. With a high dividend score of 5 and solid growth and momentum scores of 4 each, the company appears to be well-positioned for long-term success. However, Enel SpA‘s value score of 3 and resilience score of 2 indicate some room for improvement in these aspects. Overall, the company’s strategic focus on electricity and gas sectors, coupled with its emphasis on renewable energy sources, bodes well for its future prospects.

Enel SpA‘s robust dividend score of 5 underscores its commitment to rewarding shareholders, while the strong growth and momentum scores of 4 suggest a positive trajectory for the company in the coming years. Despite facing challenges in terms of value and resilience scores, Enel SpA‘s diversified operations and innovative solutions in the energy sector position it favorably for continued expansion and success. Investors may find Enel SpA an intriguing prospect for the long term, given its strategic positioning and emphasis on sustainable energy practices.


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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EssilorLuxottica (EL) Earnings: Adjusted Net Income Surpasses Estimates with EU1.75 Billion in 1H 2023

By | Earnings Alerts
  • Adjusted Net Income: €1.75 billion, an increase of 5.5% year-over-year, beating the estimate of €1.68 billion.
  • Revenue: €13.29 billion, up 3.4% year-over-year, slightly below the estimate of €13.32 billion.
  • Adjusted Operating Profit: €2.43 billion, rising 3.6% year-over-year, matching the estimate.
  • Adjusted Operating Margin: 18.8%, exceeding the estimate of 18.3%.
  • Free Cash Flow: €971 million, up 1.8% year-over-year.
  • Second Quarter Revenue (constant currency): Increased by 5.2%, just missing the estimate of 5.63%.
  • Second Quarter Revenue (in euros): €6.96 billion, a 3.8% increase year-over-year, slightly below the estimate of €6.97 billion.
  • North America Revenue: €3.10 billion, up 2.3% year-over-year, falling short of the estimate of €3.12 billion.
  • EMEA Revenue: €2.65 billion, a 5% increase year-over-year, just under the estimate of €2.66 billion.
  • Latin America Revenue: €387 million, up 2.4% year-over-year, missing the estimate of €398.6 million.
  • Asia Pacific Revenue: €821 million, growing 6.8% year-over-year, surpassing the estimate of €801 million.
  • Direct-to-Consumer Revenue: €3.62 billion, up 3.7% year-over-year, just short of the estimate of €3.64 billion.
  • Professional Solutions Revenue: €3.33 billion, increasing by 3.9% year-over-year, slightly ahead of the estimate of €3.32 billion.
  • Company Guidance: Confirmed guidance for the future.

A look at EssilorLuxottica Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, EssilorLuxottica has a positive long-term outlook. With strong ratings in Growth, Resilience, and Momentum, the company is well-positioned for future success. The company’s emphasis on innovation and adapting to changing market trends bodes well for its continued growth. Additionally, its ability to withstand economic challenges and maintain positive momentum further solidifies its position in the market.

EssilorLuxottica‘s balanced ratings across Value and Dividend indicate a stable financial footing and a potential for future returns for investors. The company’s focus on providing quality eyewear products globally positions it as a key player in the industry. Overall, EssilorLuxottica‘s Smartkarma Smart Scores suggest a promising trajectory for the company’s performance and growth 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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Hermes International (RMS) Earnings: 2Q Sales Surpass Estimates with 13.3% Growth at Constant Exchange Rates

By | Earnings Alerts
  • Hermes 2Q Sales: Sales at constant exchange rates increased by 13.3%, beating the estimate of 11.5%.
  • Leather Goods: Sales grew by 17.9%, surpassing the estimate of 14.7%.
  • Watches: Revenue declined by 4.9%, falling short of the estimated 3.45% growth.
  • Perfumes: Revenue rose by 5.6%, exceeding the estimate of -1.25%.
  • Silk and Textiles: Revenue decreased by 5.6%, performing worse than the anticipated -0.5%.
  • Ready-to-Wear and Fashion: Revenue increased by 15.1%, above the estimate of 11%.
  • Geographical Performance:
    • France: Revenue rose by 15.1%, outperforming the estimate of 12.6%.
    • Europe: Revenue increased by 18.2%, beating the estimate of 11.8%.
    • Japan: Revenue increased by 19.5%, slightly below the estimate of 19.6%.
    • Asia Pacific: Revenue grew by 5.5%, exceeding the estimate of 4.75%.
    • Asia: Revenue grew by 7.9%, below the estimate of 9.47%.
    • Americas: Revenue rose by 13.3%, outperforming the estimate of 11.2%.
  • Overall Financial Performance:
    • Revenue: EU3.70 billion, up 12% year-over-year (y/y), beating the estimate of EU3.65 billion.
    • First Half Revenue: EU7.50 billion, up 12% y/y, slightly exceeding the estimate of EU7.45 billion.
    • Recurring Operating Income: EU3.15 billion, up 6.8% y/y but below the estimate of EU3.17 billion.
    • Recurring Operating Margin: 42%, down from 44% y/y, close to the estimate of 42.5%.
    • Net Income: EU2.37 billion, up 6.4% y/y, above the estimate of EU2.3 billion.
  • Future Outlook: Despite global economic, geopolitical, and monetary uncertainties, Hermes maintains an ambitious goal for revenue growth at constant exchange rates.

A look at Hermes International Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience5
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Hermes International shows a promising long-term outlook. With high scores in Growth and Resilience, the company is positioned well for sustainable expansion and durability in challenging market conditions. The strong Momentum score also indicates positive market sentiment and investor interest in the company’s future prospects. Although the Value and Dividend scores are moderate, the high ratings in Growth and Resilience suggest that Hermes International‘s focus on innovation and ability to weather economic uncertainties bode well for its overall performance.

Hermes International, known for its luxury accessories and apparel, operates a chain of boutiques offering a wide range of high-end products that appeal to discerning customers worldwide. The company’s emphasis on quality and exclusivity has contributed to its strong Growth and Resilience scores, showcasing its ability to adapt and thrive in the competitive luxury market. With a diverse product portfolio that includes leather goods, clothing, perfumes, and jewelry, Hermes International continues to uphold its reputation for craftsmanship and sophistication, positioning it favorably for long-term success.


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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Cie De Saint-Gobain (SGO) Earnings: 1H Operating Income Surpasses Estimates at EU2.75 Billion

By | Earnings Alerts
  • Saint-Gobain’s operating income for the first half of 2024 was €2.75 billion, beating the estimate of €2.63 billion by 4.6%.
  • EBITDA came in at €3.65 billion, slightly above the estimated €3.55 billion.
  • Recurring net income fell by 6.3% year-on-year (y/y) to €1.71 billion, but missed the estimate of €2.49 billion.
  • Net income increased by 14% y/y to €1.66 billion.
  • Free cash flow grew by 12% y/y, reaching €2.46 billion.
  • Second-quarter like-for-like sales dropped by 3.9%, closely aligning with the estimated decline of 3.92%.
  • Northern Europe like-for-like sales decreased by 3.2%, better than the expected 5.34% decline.
  • Southern Europe, Middle East, and Africa saw a like-for-like sales drop of 7.1%, worse than the 4.78% estimate.
  • Americas like-for-like sales decreased by 2.8%, compared to the expected 1.78% decline.
  • Asia-Pacific like-for-like sales fell by 1.8%, close to the estimated decline of 1.61%.
  • High Performance Solutions’ like-for-like sales were down by 1.6%, better than the expected 2.44% decline.
  • Total sales for the quarter were €12.11 billion, a 3.5% y/y decline, slightly missing the estimate of €12.2 billion.
  • Northern Europe revenue was €3.03 billion, a 4.1% y/y drop but above the €2.96 billion estimate.
  • Southern Europe, Middle East, and Africa revenue was down by 6.7% y/y to €3.70 billion, missing the €3.77 billion estimate.
  • Americas sales slightly increased by 0.5% y/y to €2.62 billion, below the estimated €2.69 billion.
  • Asia-Pacific revenue was €529.0 million, a 2.9% y/y decrease, missing the estimate of €541.7 million.
  • High Performance Solutions revenue fell by 2.2% y/y to €2.55 billion, slightly below the €2.58 billion estimate.
  • Saint-Gobain forecasts a double-digit operating margin for the second half and full year 2024.
  • Analyst recommendations: 18 buys, 3 holds, 1 sell.

A look at Cie De Saint-Gobain Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience3
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

Compagnie de Saint-Gobain, a manufacturing company known for its glass products, high-performance materials, and construction materials, has a promising long-term outlook based on its Smartkarma Smart Scores. With a solid Growth score of 4 and a strong Momentum score of 5, the company is positioned to expand and capitalize on market trends efficiently. Additionally, Saint-Gobain maintains decent scores in Value, Dividend, and Resilience, indicating a well-rounded performance across key factors. This suggests that the company is likely to maintain steady growth and demonstrate stability in the face of challenges.

In summary, Compagnie de Saint-Gobain is a diversified manufacturer with a range of products including flat glass, insulation, ceramics, plastics, building materials, and more. The company’s Smartkarma Smart Scores reflect positive indicators for its future prospects, with particularly high scores in Growth and Momentum. These scores, along with balanced ratings in other categories, imply a robust outlook for Saint-Gobain in the long run, positioning it favorably 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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