Category

Earnings Alerts

Global Unichip (3443) Earnings: 1H Net Income Reaches NT$1.57 Billion with EPS of NT$11.72

By | Earnings Alerts
  • Net Income: NT$1.57 billion in the first half of 2024.
  • Operating Profit: Reported NT$1.74 billion.
  • Earnings Per Share (EPS): NT$11.72.
  • Revenue: Achieved NT$12.41 billion.
  • Broker Recommendations:
    • 12 buy ratings
    • 7 hold ratings
    • 1 sell rating

Global Unichip on Smartkarma

Global Unichip (GUC) has caught the attention of top independent analyst Vincent Fernando, CFA on Smartkarma. In his report titled “TechChain Insights: Call with TSMC Partner Global Unichip; Potential to Outpace TSMC Revenue Growth?”, Fernando highlights GUC as a key provider of semiconductor design services with the potential to outperform TSMC in revenue growth. The report emphasizes GUC’s close ties to TSMC, sharing that TSMC holds a significant 34.8% stake in GUC. As a second-derivative play on TSMC’s growth, GUC is poised to surprise the market and potentially match TSMC’s share performance.

Fernando’s analysis points to GUC’s revenue prospects being closely linked to TSMC’s growth trajectory, while also considering the success of GUC’s customers’ chips as a contributing factor. With a bullish sentiment, the report concludes that GUC offers investors a compelling opportunity as a second-derivative play on TSMC’s structural drivers, hinting at the possibility of outpacing TSMC’s revenue growth. This insightful research on Smartkarma sheds light on the promising outlook for Global Unichip in the semiconductor design services sector.


A look at Global Unichip 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

Global Unichip Corporation, known for designing and producing a wide range of silicon chips, is showing a promising long-term outlook based on the Smartkarma Smart Scores. With high scores in Growth and Resilience factors, the company is positioned for strong future expansion and stability, indicating a positive trajectory for its overall performance.

While the Value and Dividend scores are moderate, Global Unichip‘s high scores in Growth and Resilience, along with a solid Momentum score, point towards a robust long-term outlook. Investors may find Global Unichip an attractive prospect for potential growth and stability in the semiconductor 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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Canara Bank (CBK) Earnings: 1Q Net Income Meets Estimates with Strong Non-Interest Income Growth

By | Earnings Alerts
  • Net income: 39.1 billion rupees, up 11% year-over-year, close to the estimate of 39.44 billion rupees.
  • Operating profit: 76.2 billion rupees, a slight increase of 0.3% year-over-year.
  • Gross non-performing assets (NPA): 4.14%, slightly improving from the previous quarter’s 4.23%, but higher than the estimated 4.08%.
  • Coverage ratio for non-performing loans: 89.2%, up slightly from the previous quarter’s 89.1%.
  • Provisions: 22.8 billion rupees, a decline of 8.1% quarter-over-quarter, below the estimated 24.94 billion rupees.
  • Provision for loan losses: 21.7 billion rupees, a decrease of 4.8% quarter-over-quarter.
  • Interest income: 287 billion rupees, up 15% year-over-year, just below the estimate of 290.4 billion rupees.
  • Interest expense: 195.4 billion rupees, an increase of 20% year-over-year, slightly above the estimate of 194.76 billion rupees.
  • Non-interest income: 53.2 billion rupees, surpassing the estimate of 50.06 billion rupees.
  • Other income: 53.2 billion rupees, up 10% year-over-year, meeting the estimate of 50.06 billion rupees.
  • Shares fell by 2.4%, to 109.72 rupees, with 40.8 million shares traded.
  • Analyst recommendations: 12 buys, 1 hold, 5 sells.

Canara Bank on Smartkarma

Analyst coverage of Canara Bank on Smartkarma is positively tilted, with a bullish sentiment expressed by Daniel Tabbush. In his report titled “Canara Bank – Radically Lower NPLs and Sharply Expanding Net Profit”, Tabbush highlights the bank’s significant improvements in non-performing loans (NPLs) and net profit growth. He emphasizes the potential for continued profit expansion supported by lower credit costs and a decrease in Loss Loans. Tabbush notes the impressive rise in Return on Equity (ROE) and Return on Assets (ROA) of Canara Bank, indicating a strong financial performance over recent years.


A look at Canara Bank Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth5
Resilience5
Momentum4
OVERALL SMART SCORE4.8

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

Canara Bank Ltd., a leading banking institution in India, has received impressive Smart Scores across key factors contributing to its long-term outlook. With a perfect score of 5 in Value, Dividend, Growth, and Resilience, the bank demonstrates strong fundamental metrics and a solid financial position. Additionally, achieving a Momentum score of 4 reflects positive market sentiment towards the company. This overall outlook suggests a promising future for Canara Bank, positioning it well to deliver value to its shareholders and stakeholders.

Canara Bank Ltd. stands out in the banking sector with its comprehensive range of services catering to diverse customer needs in India. Specializing in retail, commercial, and personal banking, along with investment management and other financial services, the bank is known for its robust offerings. With strong Smart Scores in key areas like Value, Dividend, Growth, Resilience, and Momentum, Canara Bank showcases resilience and growth potential, making it a standout choice for investors seeking long-term stability and 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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Ashok Leyland (AL) Earnings: 1Q Net Income Falls Short of Estimates Despite Revenue Growth

By | Earnings Alerts
  • Net Income: 5.26 billion rupees, down 8.7% year-on-year (YoY); missed the estimate of 5.47 billion rupees.
  • Revenue: 86 billion rupees, up 5% YoY; missed the estimate of 87.8 billion rupees.
  • Total Costs: 79.2 billion rupees, up 3.9% YoY.
  • Raw Material Costs: 62 billion rupees, up 5.4% YoY.
  • Other Income: 223.4 million rupees, down 56% YoY.
  • EBITDA: 9.11 billion rupees.
  • Analyst Ratings: 29 buys, 6 holds, 8 sells.

A look at Ashok Leyland Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE4.0

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

With a strong Dividend score and high Growth and Momentum ratings, Ashok Leyland is positioned for a promising long-term outlook. The company’s commitment to providing dividends to shareholders reflects its financial stability and solid performance. Additionally, its impressive Growth and Momentum scores indicate a positive trajectory for Ashok Leyland in terms of expanding its market presence and sustaining growth over time.

While the Value score is moderate and Resilience is rated lower, the overall outlook for Ashok Leyland remains optimistic. The company’s focus on growth opportunities and high momentum in the market are key drivers that could potentially outweigh any challenges related to resilience. As a manufacturer of a diverse range of commercial vehicles with a global presence, Ashok Leyland is strategically positioned to capitalize on emerging opportunities in the industry.

Summary: Ashok Leyland Limited is a manufacturer of medium and heavy duty commercial vehicles, industrial & marine engines, spare parts, and defense sector vehicles. The company operates in India and internationally, with a focus on providing dividends to shareholders, driving growth, and maintaining market momentum.


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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ASE Technology Holding (3711) Q2 Earnings: Net Income Surpasses Expectations with 2.9% Revenue Growth

By | Earnings Alerts
  • ASE Technology reported a net income of NT$7.78 billion for Q2 2024, beating the estimated NT$6.95 billion.
  • Net income increased by 0.6% year-over-year.
  • The company’s operating profit was NT$9.02 billion, slightly below the estimated NT$9.12 billion.
  • Operating profit showed a decline of 4.2% compared to the previous year.
  • Revenue for the quarter was NT$140.24 billion, surpassing the projected NT$137.09 billion.
  • Revenue saw a year-over-year increase of 2.9%.
  • Earnings per share (EPS) were NT$1.80, exceeding the estimate of NT$1.58.
  • Market recommendations for ASE Technology include 13 buys, 8 holds, and 2 sells.

ASE Technology Holding on Smartkarma

Analyst coverage of ASE Technology Holding on Smartkarma is positive and insightful. Tech Supply Chain Tracker‘s report highlights ASE’s plans to accelerate sales growth in the second half of 2024 through cutting-edge technology and innovative solutions. Introspect CEO’s discussion on their GDDR7 memory test system showcases a competitive edge. The appointment of N Chandrasekaran as chair of Tata Electronics signals entry into the semiconductor industry. Triton’s impact on Taiwan’s satellite self-sufficiency and potential Apple partnership speculation with a leading EV startup generate interest.

Analyst Patrick Liao‘s analysis also reflects optimism, with ASEH expecting recovery in various sectors post 1Q24 and anticipating growth across all product lines in 2H24F. Increase in capex for 2024F highlights a focus on testing business investments. Expectations for UTR growth in 2H24F above 70% indicate positive momentum. ASEH’s outlook for 2Q24F signals a return to normal seasonality and a start to recovery in 2H24. The company aims to complete inventory adjustments in 1H24 to accelerate growth in the second half of the year.


A look at ASE Technology Holding Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience2
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

ASE Technology Holding Co., Ltd. is projected to have a positive long-term outlook based on its Smartkarma Smart Scores. With a high Dividend score of 5, investors can expect attractive returns through dividends. The company also scores well in Momentum with a score of 4, indicating strong growth potential in the future. ASE Technology Holding’s Value score of 3 suggests that the company is reasonably priced in the market, providing a good investment opportunity.

However, there are some areas where ASE Technology Holding may face challenges. The company’s Resilience score of 2 implies a lower capability to withstand economic downturns and market volatility. Additionally, with a Growth score of 3, the company might need to focus on strategies to drive expansion and innovation. Overall, ASE Technology Holding’s unique position in offering assembly and testing services in the semiconductor industry in Taiwan suggests a mix of opportunities and risks for investors to consider.


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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Hyundai Motor (005380) Earnings: 2Q Operating Profit Surpasses Estimates with Record Sales

By | Earnings Alerts
  • Hyundai Motor‘s operating profit for Q2 was 4.28 trillion won, surpassing the estimate of 4.2 trillion won.
  • The company’s net profit reached 3.97 trillion won, exceeding the forecast of 3.4 trillion won.
  • Sales for the quarter were 45.02 trillion won, higher than the expected 44.15 trillion won.
  • The company received 32 buy recommendations, with no hold or sell ratings.

Hyundai Motor on Smartkarma

Analyst coverage of Hyundai Motor on Smartkarma provides diverse insights into the company’s activities and future plans. Tech Supply Chain Tracker reports on Hyundai’s addition of 300 new charging stations to support the expansion of their hydrogen bus fleet, promoting eco-friendly transportation options. Sanghyun Park, in a bullish analysis, anticipates Hyundai Motor unveiling a special shareholder return plan during the upcoming CEO Investor Day in August, aiming to boost shareholder returns by canceling shares annually.

Another report by Douglas Kim highlights the potential for “double dividends” opportunities in Korea, with Hyundai Motor offering attractive dividend yields at current prices. Sanghyun Park also emphasizes the importance of tracking dividend record dates, with Hyundai Motor leading in this aspect. These independent analyst reports on Smartkarma offer valuable perspectives on Hyundai Motor‘s strategic initiatives and financial performance.


A look at Hyundai Motor Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
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

Based on the Smartkarma Smart Scores, the long-term outlook for Hyundai Motor looks promising. With high scores in key areas such as Dividend, Growth, and Momentum, the company appears to be well-positioned for future success. Hyundai Motor‘s strong performance in these factors indicates potential for solid returns for investors.

Although Hyundai Motor scored lower in Resilience, the overall positive scores in other areas suggest that the company has the potential to overcome challenges and continue to grow. With a strong presence in manufacturing, sales, and exports of vehicles, as well as a range of financial services, Hyundai Motor seems to have a diversified business model that could support its long-term sustainability and success in the 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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LG H&H (051900) Earnings: 2Q Operating Profit Surpasses Estimates with 158.5 Billion Won

By | Earnings Alerts
  • Operating Profit: 158.5 billion won, up 0.4% year-over-year (YoY), exceeding the estimate of 155.48 billion won.
  • Net Profit: 100.4 billion won, an impressive 12% increase YoY, beating the estimate of 97.36 billion won.
  • Sales: 1.76 trillion won, a decrease of 2.7% YoY, falling short of the estimate of 1.81 trillion won.
  • Analyst Recommendations: 14 buys, 10 holds, 2 sells.

A look at LG H&H Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth2
Resilience4
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

Analysts utilizing the Smartkarma Smart Scores have assessed LG H&H’s long-term outlook across various key factors. The company’s overall outlook is positive, with a solid Resilience score of 4 indicating the company’s ability to withstand market fluctuations and challenges effectively. Additionally, LG H&H received moderate scores in Value, Momentum, and Dividend, showcasing a promising potential for growth and stability in the future.

LG H&H Co., Ltd., known for its manufacturing and distribution of cosmetics ranging from skincare to personal care products, has garnered a favorable analysis based on the Smart Scores. While there is room for improvement in certain areas such as Dividend and Growth, the company’s strong Resilience score underscores its ability to weather uncertainties, positioning LG H&H well for long-term success in the competitive 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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Samsung Heavy Industries (010140) Earnings: 2Q Operating Profit Surges Past Estimates with 130.7 Billion Won

By | Earnings Alerts
  • Samsung Heavy’s Q2 operating profit reached 130.7 billion won, significantly higher than last year’s 58.9 billion won and beating the estimate of 94.25 billion won.
  • Net profit for Q2 was 76.6 billion won, up from 25.6 billion won last year, and exceeding the estimated 52.39 billion won.
  • Sales for the quarter were 2.53 trillion won, representing a 30% increase year-on-year, and higher than the estimated 2.44 trillion won.
  • Analyst recommendations include 18 buys, 2 holds, and 0 sells.
  • Comparisons are based on the company’s original disclosures.

A look at Samsung Heavy Industries Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience2
Momentum5
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

Despite facing challenges in terms of value and dividend scores, Samsung Heavy Industries seems to have a promising long-term outlook based on its high scores in growth and momentum factors. With a growth score of 5, the company is positioned to expand and increase its market share over time. This indicates a positive trajectory for future profit and revenue growth. Additionally, a momentum score of 5 suggests a strong upward trend in the company’s performance, highlighting investor interest and confidence in its potential.

While there are areas for improvement such as value and dividend attractiveness, Samsung Heavy Industries‘ resilience score of 2 indicates a moderate ability to weather economic downturns or industry challenges. Coupled with its strong growth and momentum scores, the company may continue to innovate and adapt to market changes, potentially leading to sustained 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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BT Group PLC (BT/A) Earnings: Q1 Adjusted EBITDA Exceeds Estimates

By | Earnings Alerts
  • 1Q Adjusted EBITDA Beats Estimates: BT reported adjusted EBITDA of GBP2.06 billion, an increase of 1.4% year-over-year, surpassing the estimate of GBP2.02 billion.
  • Consumer Segment: Adjusted EBITDA for the consumer segment was GBP659 million, down 2.1% year-over-year, slightly below the estimate of GBP662.8 million.
  • Openreach Performance: Openreach adjusted EBITDA reached GBP1.02 billion, up 5.8% year-over-year, beating the estimate of GBP999.1 million.
  • Business Unit Performance: The business unit reported adjusted EBITDA of GBP378 million, down 2.1% year-over-year, but above the estimate of GBP364.8 million.
  • Overall Adjusted Revenue: Adjusted revenue was GBP5.05 billion, a decline of 2.2% year-over-year, missing the estimate of GBP5.15 billion.
  • Consumer Revenue: Consumer segment adjusted revenue was GBP2.40 billion, down 1% year-over-year, slightly below the estimate of GBP2.43 billion.
  • Openreach Revenue: Openreach adjusted revenue was GBP1.56 billion, an increase of 2.1% year-over-year, slightly above the estimate of GBP1.55 billion.
  • Business Unit Revenue: The business unit reported adjusted revenue of GBP1.93 billion, a decline of 4.6% year-over-year, missing the estimate of GBP1.97 billion.
  • Confirms Financial Outlook: BT reconfirms all full-year 2025 financial outlook metrics, highlighting the success of its ongoing cost transformation efforts.
  • Positive Long-term Outlook: BT remains on track to achieve an inflection in cash flow, projecting around Β£2 billion by 2027 and approximately Β£3 billion by the end of the decade.
  • Analyst Ratings: There are 18 buy ratings, 2 hold ratings, and 2 sell ratings for BT’s stock.

A look at BT Group PLC Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience2
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

BT Group PLC, a telecommunications services provider, has received a promising assessment based on the Smartkarma Smart Scores. With a solid value and dividend rating of 4 out of 5, the company showcases strong fundamentals and income potential. Although growth prospects were rated slightly lower at 3, BT Group PLC excels in momentum with a top score of 5. However, resilience scored a 2, indicating a potential area of concern. Overall, the company’s outlook appears positive based on these Smart Scores.

BT Group PLC offers a range of telecommunications services, including local and international phone products, broadband solutions, web hosting, and network services. The company’s high momentum score suggests strong performance in the market, while its value and dividend ratings indicate stability and income generation. Despite a lower resilience score, BT Group PLC‘s overall outlook seems favorable for the long term, as per the Smartkarma Smart Scores evaluation.


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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Neste Oyj (NESTE) Earnings: 2Q Adjusted EBITDA Falls Short of Estimates

By | Earnings Alerts
  • Adjusted EBITDA: EU240 million, fell short of the estimate of EU318.6 million.
  • Total Revenue: EU4.64 billion, exceeded the estimate of EU3.58 billion.
  • Renewable Products Revenue: EU1.85 billion, below the estimate of EU2.01 billion.
  • Oil Products Revenue: EU2.44 billion, surpassed the estimate of EU1.8 billion.
  • Marketing & Services Revenue: EU1.17 billion, slightly under the estimate of EU1.19 billion.
  • Other Revenue: EU24 million, missed the estimate of EU29.8 million.
  • Adjusted Net Loss: EU40 million, predicted to be a profit of EU59.3 million.
  • Adjusted Loss Per Share: EU0.050, compared to the estimated EPS of EU0.08.
  • Renewable Products Comparable Sales Margin: $382 per ton.
  • Refining Margin: $15.10, below the estimate of $16.34.
  • Operating Loss: EU119 million, while a profit of EU98 million was expected.
  • Renewable Products Adjusted EBITDA: EU152 million, missed the estimate of EU200.4 million.
  • Oil Products Adjusted EBITDA: EU62 million, lower than the estimate of EU81.9 million.
  • Marketing & Services Adjusted EBITDA: EU24 million, just below the estimate of EU29.5 million.
  • Others Adjusted EBITDA Loss: EU1 million.
  • Global Market Volatility: Driven by economic uncertainty and geopolitical tensions.
  • Renewable Products Market: Bioticket and renewable credit prices, renewable diesel price premiums expected to remain low.
  • Feedstock Prices: Expected to remain volatile.
  • Renewable Products Sales Volume: Expected to increase to approximately 4.4 Mt +/- 10% in 2024, including SAF sales of 0.5-0.7 Mt.
  • Renewable Products Sales Margin: Expected to average $480–580/ton for 2024.
  • Oil Products Sales Volume: Expected to be lower in 2024 due to the major turnaround at Porvoo.
  • Oil Products Refining Margin: Expected to be lower in 2024 than in 2023.
  • Fixed Costs: Projected to be slightly higher in 2024 due to Porvoo turnaround and growth projects.
  • Capital Expenditure: Estimated to be approximately EU1.4b–1.6b for FY 2024 excluding M&A.
  • Analyst Ratings: 12 buys, 12 holds, 1 sell.

A look at Neste Oyj Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience3
Momentum2
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

Analysts at Smartkarma have assessed Neste Oyj and provided an overall outlook score based on various factors. The company, known for its focus on high-quality traffic fuels and environmentally friendly petroleum products, has received a positive score for dividends and growth potential. With a top score of 5 in dividends, investors can expect good returns in this aspect. Additionally, a score of 4 in growth indicates promising future prospects for Neste Oyj in terms of expanding its operations. However, the company’s scores in value, resilience, and momentum are somewhat moderate, pointing to areas that may require attention for long-term sustainability.

In summary, Neste Oyj, an independent oil refining and marketing company in northern Europe, stands out for its commitment to producing environmentally conscious products. While the company excels in dividends and growth potential, there are considerations to be made regarding its value, resilience, and momentum. Investors looking at Neste Oyj for the long term should weigh these factors carefully to make informed decisions about their investment strategy.


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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Vodafone (VOD) Earnings: 1Q Organic Service Revenue Surpasses Estimates with 5.4% Growth

By | Earnings Alerts

Vodafone‘s Q1 Performance: Key Highlights

  • Vodafone‘s organic service revenue rose by 5.4%, exceeding the 4.46% estimate.
  • Overall service revenue reached EU7.47 billion, surpassing the EU7.36 billion estimate.
  • UK service revenue was EU1.43 billion, up 2% year-over-year, but slightly below the EU1.44 billion estimate.
  • Germany’s service revenue stood at EU2.78 billion, showing a 1.5% year-over-year decline, matching the EU2.78 billion estimate.
  • Other Europe’s service revenue amounted to EU1.18 billion, with a 1.6% year-over-year increase, meeting the estimate.
  • In Germany, organic service revenue declined by 1.5%, slightly worse than the 1.47% estimate.
  • Other Europe reported a 2.3% rise in organic service revenue, beating the 1.99% estimate.
  • Africa’s service revenue hit EU1.45 billion, driven by a 10% rise in organic service revenue.

2025 Year Forecast

  • Vodafone maintains an adjusted EBITDA after leases at around EU11 billion, close to the EU11.07 billion estimate.
  • The company still expects adjusted free cash flow to be at least EU2.4 billion.

Other Comments

  • Vodafone reiterates its FY24 guidance.
  • An anticipated decline in Germany’s service revenue was linked to ongoing impacts from the TV law change.

Analyst Recommendations

  • 11 analysts recommend buying Vodafone shares.
  • 8 analysts suggest holding the shares.
  • 2 analysts advise selling the shares.

Vodafone on Smartkarma

Analysts on Smartkarma, like Baptista Research, are closely monitoring Vodafone Group’s performance. According to Baptista Research‘s report titled “Vodafone Group: Are Its Efforts Towards Optimizing Working Capital Paying Off? – Major Drivers,” Vodafone is putting emphasis on customer-centric strategies, streamlining its operations, and driving growth. The company’s operational review has led to a shift in its commercial model and an agreement with Accenture to accelerate its transformation. Notably, Vodafone has made significant progress in improving its Net Promoter Score (NPS), indicating enhanced customer satisfaction compared to its rivals across various markets.


A look at Vodafone Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.6

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

With a strong Smartkarma Smart Score of 5 for both Value and Dividend, Vodafone Group PLC seems to be a promising long-term investment. The company’s solid value and dividend scores indicate that it may offer attractive financial returns to investors over time. However, Vodafone‘s slightly lower scores in Growth, Resilience, and Momentum suggest that while it may not be the fastest-growing or most resilient company in the telecommunications sector, its value and dividend-paying potential could make it an interesting choice for those seeking stable returns.

As a mobile telecommunications company operating across various regions, including Continental Europe, the United Kingdom, and Asia Pacific, Vodafone Group PLC has established itself as a key player in the industry. With a strong presence in voice and data communications, the company’s wide geographical footprint through its subsidiaries, associates, and investments positions it well for capturing opportunities in diverse markets. Investors looking for a company with solid value and dividend prospects may find Vodafone an appealing option based on the Smartkarma Smart Scores provided.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

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

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  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars