Category

Earnings Alerts

Fujitsu Ltd (6702) Earnings: 1Q Operating Income Surpasses Estimates with Strong Growth

By | Earnings Alerts
  • Operating Income: Fujitsu reported an operating income of 21.39 billion yen for 1Q, a significant turnaround from a loss of 1.67 billion yen in the same quarter last year. The estimate was 12.51 billion yen.
  • Net Income: The company’s net income came in at 16.88 billion yen, up from 4.35 billion yen year-over-year. This also beat the estimate of 10.6 billion yen.
  • Net Sales: Fujitsu’s net sales reached 830.03 billion yen, a 3.8% increase year-over-year, surpassing the estimated 802.86 billion yen.
  • 2025 Forecast:
    • Operating income expected to remain at 330.00 billion yen, versus an estimate of 320.49 billion yen.
    • Net income is projected to be 226.00 billion yen, against an estimate of 260.36 billion yen.
    • Net sales are anticipated to be 3.76 trillion yen, in line with the estimate of 3.75 trillion yen.
    • Dividend per share forecasted to be 28.00 yen, slightly below the estimate of 28.55 yen.
  • Analyst Recommendations: Fujitsu has 10 buy ratings, 5 hold ratings, and no sell ratings from analysts.

Fujitsu Ltd on Smartkarma

Analysts covering Fujitsu Ltd on Smartkarma, an independent investment research network, are closely monitoring the latest developments at the tech giant. According to a recent report by Tech Supply Chain Tracker, Fujitsu has launched a new AI customization platform called GenAI. This platform is set to offer advanced AI capabilities, providing users with enhanced customization options. In addition, CuspAI, a partner of Fujitsu, has received a substantial funding of US$30 million and has collaborated with renowned figure Geoffrey Hinton to address climate change challenges using advanced materials. The report also highlights the expected growth in global IC fab capacity, with Taiwan expected to play a significant role in AI innovation in the coming years.


A look at Fujitsu Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience3
Momentum4
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 Fujitsu Ltd, the company demonstrates a promising long-term outlook. With a strong momentum score of 4, Fujitsu appears to be gaining positive traction in the market. Its growth and resilience scores of 3 each indicate a solid foundation for future expansion and the ability to weather economic uncertainties. While the value and dividend scores are more moderate at 2, signaling room for potential improvement in these areas, the overall outlook for Fujitsu seems favorable.

As a manufacturer of semiconductor, computer, and communication equipment, Fujitsu Ltd offers a wide range of information technology, network, and telecommunication solutions. Their presence in Internet services further diversifies their portfolio. With a balanced mix of growth potential and market resilience, coupled with a strong momentum in their operations, Fujitsu Ltd appears poised for sustainable development in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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AstraZeneca PLC (AZN) Earnings: 2Q Core EPS Surpasses Estimates at $1.98

By | Earnings Alerts
  • Core Earnings Per Share (EPS): $1.98, slightly above the estimated $1.95.
  • Core Operating Margin: 32%, slightly below the estimated 33.1%.
  • Revenue: $12.94 billion, beating the estimate of $12.56 billion.
  • Alliance Revenue: $482 million, falling short of the estimated $493.4 million.
  • Product Sales: $12.45 billion, surpassing the estimated $11.93 billion.
  • R&D Expenses: $3.01 billion, higher than the estimated $2.71 billion.
  • SG&A Expenses: $4.93 billion, exceeding the estimated $4.78 billion.
  • Analyst Recommendations: 25 buys, 7 holds, and 1 sell.

A look at AstraZeneca PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.0

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

When looking at the Smartkarma Smart Scores for AstraZeneca PLC, the company has received varying ratings across different factors. With a Growth score of 4 and a Momentum score of 4, the outlook for AstraZeneca in the long term appears positive. The high Growth score indicates potential for expansion and development, while the strong Momentum score suggests the company’s ability to maintain its current trajectory.

However, AstraZeneca’s Value score of 2 and Resilience score of 2 do raise some concerns. The lower Value score may indicate that the company is not currently considered undervalued, while the Resilience score suggests a moderate level of vulnerability to economic and market fluctuations. Despite these lower scores, AstraZeneca’s Dividend score of 3 signifies a stable dividend policy, providing some reassurance to investors. Overall, AstraZeneca PLC, operating in various therapeutic areas, remains focused on researching, manufacturing, and selling pharmaceutical and medical products 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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Neste Oyj (NESTE) Earnings: 2Q Adjusted EBITDA Misses Estimates Amid Market Challenges

By | Earnings Alerts
  • Neste’s 2Q 2024 adjusted EBITDA totaled EUR 240 million, missing the estimate of EUR 318.6 million.
  • Revenue for the second quarter was EUR 4.64 billion, surpassing the estimate of EUR 3.58 billion.
  • Adjusted EPS was EUR 0.28, well above the estimate of EUR 0.08.
  • Oil Products adjusted EBITDA came in at EUR 62 million, falling short of the estimate of EUR 81.9 million.
  • Other segment adjusted EBITDA was EUR 8 million.
  • Renewable sales volume during the quarter was 955 thousand tons, slightly down from 957 thousand tons due to preparation for upcoming refinery maintenance in Rotterdam and Singapore.
  • Second quarter results included a one-off valuation loss of EUR 36 million in bioticket and credit inventories, equivalent to a USD 40 per ton drop in comparable sales margin.
  • Renewable Products comparable EBITDA was EUR 152 million, significantly down from EUR 513 million last year, impacted by a lower comparable sales margin of USD 382 per ton versus USD 800 per ton.
  • Analyst ratings: 12 buys, 12 holds, and 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 are optimistic about the long-term outlook for Neste Oyj, an independent northern European oil refining and marketing company. According to Smartkarma Smart Scores, the company has received high scores in important areas. Neste Oyj shines particularly in the dividend category with a score of 5, indicating a strong outlook for potential dividend returns for investors. Additionally, the company has achieved a solid score of 4 in growth, suggesting promising prospects for expansion and development in the future. Although not as high, the scores for value, resilience, and momentum stand at 3, 3, and 2 respectively, indicating a stable foundation with room for improvement in market performance.

Neste Oyj‘s commitment to producing high-quality traffic fuels and environmentally friendly petroleum products positions it as a key player in the industry. With a focus on reducing environmental impact, Neste Oyj demonstrates a forward-thinking approach that resonates with investors concerned about sustainability. The company’s strong dividend score of 5 reflects its ability to provide attractive returns to shareholders, while a growth score of 4 hints at potential expansion opportunities. Overall, the Smartkarma Smart Scores suggest a favorable outlook for Neste Oyj, making it a company to watch for long-term investment 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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Nomura Real Estate (3231) Earnings: 1Q Operating Income Surpasses Estimates Despite Sales Dip

By | Earnings Alerts
  • Nomura Real Estate‘s 1Q 2024 operating income was 38.20 billion yen, slightly down by 0.7% year-over-year (YoY), but above the estimate of 32.13 billion yen.
  • Net income for the same period was 24.42 billion yen, seeing a modest increase of 0.4% YoY, outperforming the estimate of 19.81 billion yen.
  • Net sales for 1Q 2024 reached 200.92 billion yen, a decline of 4% YoY, which was below the estimate of 203.9 billion yen.
  • For the full year 2025, the company maintains its forecasts:
    • Operating income at 114.00 billion yen, close to the estimate of 116.29 billion yen.
    • Net income anticipated at 70.00 billion yen, slightly lower than the estimate of 70.76 billion yen.
    • Net sales projected to be 790.00 billion yen, marginally above the estimate of 788.73 billion yen.
    • Dividend expected to be 165.00 yen, aligning closely with the estimate of 165.82 yen.
  • Analyst ratings for Nomura Real Estate include 6 ‘buy’ recommendations, 4 ‘hold’ recommendations, and no ‘sell’ recommendations.

A look at Nomura Real Estate Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience2
Momentum3
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 have given Nomura Real Estate a positive long-term outlook based on its Smartkarma Smart Scores. The company scores high in Value, Dividend, and Growth, indicating strong fundamentals and potential for future expansion. However, its Resilience score is lower, suggesting some vulnerability to market fluctuations. With a moderate Momentum score, Nomura Real Estate may see steady but not rapid growth in the near term.

Nomura Real Estate Holdings, Inc. is involved in selling and leasing various properties, including condominiums, residential houses, and office buildings. Additionally, the company engages in managing Real Estate Investment Trusts (REITs), real estate development, and offering consulting services in the real estate sector. Overall, with solid scores in key areas like Value, Dividend, and Growth, Nomura Real Estate is positioned well for future growth and stability in the real estate 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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Anglo American (AAL) Earnings: 1H Profit Surpasses Estimates with Strong EBITDA and Revenue Growth

By | Earnings Alerts
  • Adjusted profit for Anglo American in the first half of 2024 reached $1.29 billion, surpassing the estimate of $1.07 billion.
  • Adjusted earnings per share (EPS) came in at $1.06, beating the estimate of 90 cents.
  • Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) was $4.98 billion, higher than the estimate of $4.51 billion.
  • Total revenue reported was $14.46 billion, exceeding the expected $14.02 billion.
  • Free cash flow amounted to $506 million.
  • The interim dividend per share declared was 42 cents.
  • Underlying EBITDA for the half year rose to $5.0 billion at a 33% EBITDA margin, despite a 10% lower product basket price, partially offset by a 4% improvement in unit costs.
  • Production volumes remained broadly flat.
  • There was a $1.6 billion impairment on the Woodsmith crop nutrients project due to a decision to temporarily slow down the project and delay its production timing.
  • Analyst recommendations on the company’s stock: 9 buys, 11 holds, and 1 sell.

Anglo American on Smartkarma

Analyst coverage of Anglo American on Smartkarma has been extensive, with insights provided by notable analysts. Charlotte van Tiddens, CFA discussed the market’s reaction to a potential deal with BHP falling through, highlighting a 10% drop in Anglo’s share price and the extension of talks. Meanwhile, Jesus Rodriguez Aguilar noted Anglo’s rejection of BHP’s final offer, citing concerns over execution risks and value impacts. He updated his sum-of-the-parts valuation and highlighted a significant gap between BHP’s offer and the market’s implied value.

Additionally, Charlotte van Tiddens, CFA delved into the potential effects of Anglo’s restructuring or takeover by BHP on the JSE Index if Amplats and Kumba were unbundled. On the other hand, David Blennerhassett discussed BHP’s unsolicited offer for Anglo, focusing on copper assets amid rising demand for electric vehicles and renewable energy. The proposal was viewed as opportunistic by some, with uncertainties around the value of Anglo’s copper mines. Expectations are for Anglo to reject terms but stay engaged in the process.


A look at Anglo American Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth2
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

Anglo American PLC, a global mining company with operations across multiple continents, has been assessed using Smartkarma Smart Scores. The scores indicate the company’s overall outlook across various factors critical for investors. With a solid Dividend score of 4 and Momentum score of 4, Anglo American demonstrates strength in providing returns to shareholders and maintaining positive market momentum. However, areas such as Growth and Value score lower at 2 and 3 respectively, suggesting potential challenges in these aspects. Despite this, the company’s Resilience score of 3 implies a moderate ability to weather market fluctuations.

Looking ahead, investors should keep a close eye on Anglo American‘s strategies to improve growth and value propositions while capitalizing on its strong dividend and momentum performance. As a key player in the mining industry, Anglo American‘s diversified portfolio spanning bulk commodities, base metals, and precious metals positions it for long-term success, provided it can effectively navigate the dynamic market conditions and capitalize on growth opportunities in various regions.


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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Unilever PLC (ULVR) Earnings: 2Q Revenue Meets Estimates Amid Strong Underlying Growth

By | Earnings Alerts
  • Unilever’s 2Q Revenue was €16.09 billion, slightly above the estimated €16.01 billion.
  • Beauty & Wellbeing segment revenue came in at €3.34 billion, surpassing the estimated €3.25 billion.
  • Personal Care segment revenue matched estimates at €3.53 billion.
  • Home Care segment revenue was €3.11 billion, beating the estimated €3.06 billion.
  • Nutrition segment revenue was €3.29 billion, slightly below the estimated €3.31 billion.
  • Ice Cream segment revenue was €2.82 billion, just under the estimated €2.83 billion.
  • Dividend per share announced: €0.4396.
  • First Half (H1) Results:
    • Beauty & Wellbeing underlying operating profit: €1.31 billion (estimate: €1.24 billion).
    • Personal Care underlying operating profit: €1.60 billion (estimate: €1.43 billion).
    • Home Care underlying operating profit: €1.03 billion (estimate: €815.6 million).
    • Nutrition underlying operating profit: €1.49 billion (estimate: €1.27 billion).
    • Ice Cream underlying operating profit: €672 million (estimate: €713.6 million).
  • Underlying sales grew by 4.1%, with three consecutive quarters of positive volume growth.
  • Focus remains on high-quality sales growth and gross margin expansion, led by Power Brands.
  • Strong gross margin progression led to increased investment behind innovations and higher profitability.
  • Market sentiment: 13 buys, 10 holds, 4 sells.

Unilever PLC on Smartkarma

Analysts on Smartkarma are buzzing about Unilever PLC‘s recent announcement to spin off its ice cream business into a separate company by the end of 2025. Garvit Bhandari highlights that the move will enable the parent company to focus on higher growth, higher-margin businesses. Unilever’s decision to separate its ice cream business, potentially through a spin-off transaction, will see the company concentrating on four core areas: beauty and wellbeing, personal care, home care, and nutrition.

The sentiment among analysts, portrayed as bullish, emphasizes that the split will facilitate Unilever in allocating capital and resources more efficiently towards categories with substantial potential for expansion. This strategic shift provides investors with a clearer understanding of Unilever’s roadmap and opportunities moving forward in the dynamic consumer goods landscape.


A look at Unilever PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.0

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

Unilever PLC, a globally recognized company manufacturing a wide range of consumer goods, has been assessed using the Smartkarma Smart Scores across key factors. The company’s outlook shows a promising trend, with above-average scores in Growth and Momentum indicating positive potential for the future. This suggests that Unilever PLC is well-positioned for expansion and is experiencing strong market momentum, which could bode well for its long-term performance.

While Unilever PLC scores lower in Value and Resilience, the overall outlook remains optimistic due to the solid scores in Growth and Momentum. Additionally, with a moderate score in Dividend, the company offers a reasonable dividend payout, appealing to investors seeking income. As a dually-listed company with UNA NA, Unilever PLC continues to showcase its stability and growth prospects in the consumer goods industry, making it a noteworthy stock to watch for potential long-term investment opportunities.


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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Rentokil Initial (RTO) Earnings: Adjusted Pretax Profit Meets Estimates with Strong Interim Dividend

By | Earnings Alerts
  • Rentokil’s adjusted pretax profit for the first half of 2024 is GBP383 million.
  • This met analyst expectations, which estimated the profit to be GBP379.8 million.
  • The interim dividend per share is 3.16p, higher than the estimated 2.95p.
  • Adjusted operating profit is GBP445 million, very close to the estimate of GBP444.8 million.
  • Free cash flow was GBP172 million, slightly below the estimate of GBP175.6 million.
  • The company reported revenue of GBP2.71 billion, just shy of the expected GBP2.72 billion.
  • Investment ratings include 11 buys, 8 holds, and no sells.

Rentokil Initial on Smartkarma

On Smartkarma, independent analyst Jesus Rodriguez Aguilar has published a bullish insight on Rentokil Initial titled “Trapping the Royal Rat-Catcher“. The report discusses Philip Jansen’s potential takeover bid for Rentokil Initial, a prominent pest control company in the FTSE 100. Jansen aims to improve Rentokil’s performance in the US and strengthen its collaboration with Terminix, potentially leading to market consolidation. Rentokil, known for its global leadership in pest control and hygiene services, is set to announce its H1 results on 25 July, further adding to the positive sentiment of the analysis.


A look at Rentokil Initial Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
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’s Smart Scores assessment, Rentokil Initial is positioned for long-term growth and stability in the market. With above-average ratings in Growth and Momentum, the company shows promising potential for expanding its operations and maintaining a positive trajectory. While Value and Resilience scores are average, Rentokil Initial‘s strong Dividend score indicates favorable returns for investors seeking income from their investments. The company’s wide range of services, including pest control, hygiene, workwear, facilities, and plant management, contributes to its diversified portfolio and market presence.

Rentokil Initial plc, a provider of comprehensive facilities management and essential support services, caters to government and commercial organizations of all sizes and across various industries. Specializing in areas such as pest control, hygiene, workwear, and facility maintenance, Rentokil Initial is well-positioned to meet the evolving needs of its clients. With a solid foundation and a focus on growth and momentum, the company’s outlook appears positive for the long term, reflecting its commitment to delivering high-quality services and driving sustainable value for shareholders.


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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British American Tobacco (BATS) Earnings: 1H Adjusted Operating Profit Misses Estimates

By | Earnings Alerts
  • Adjusted Operating Profit: BAT’s adjusted operating profit was GBP5.56 billion, missing the estimated GBP5.67 billion.
  • US Adjusted Profit: US adjusted profit from operations reached GBP3.05 billion, beating the estimate of GBP3.04 billion.
  • Operating Profit: The operating profit was GBP4.26 billion, significantly lower than the estimated GBP7.24 billion.
  • Revenue: Revenue came in at GBP12.34 billion, falling short of the expected GBP12.83 billion.
  • U.S. Market Performance: In the U.S., commercial investments have led to signs of recovery in volume share, although the rate of value share decline has improved sequentially.
  • Industry Pressures: The U.S. Combustibles industry volumes are still under pressure due to macroeconomic challenges and ineffective enforcement against illicit single-use vapour products.
  • Analyst Recommendations: There are currently 12 buy recommendations, 4 hold recommendations, and no sell recommendations.

A look at British American Tobacco Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth2
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

British American Tobacco P.L.C., the multinational tobacco company, appears to have a stable long-term outlook based on the Smartkarma Smart Scores. With a high score in Dividend and Value, investors may find the company attractive for income generation and undervalued opportunities. Although the Growth and Resilience scores are lower, the company’s Momentum score indicates a positive trend in its market performance.

As a holding company for various tobacco-related businesses, British American Tobacco P.L.C. focuses on manufacturing and selling cigarettes, cigars, and other tobacco products. Its strong emphasis on dividends and perceived value in the market positions it as a potentially rewarding investment option for those seeking steady returns. While growth prospects and resilience may present challenges, the company’s positive momentum suggests promising developments ahead.


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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RELX PLC (REL) Earnings: 1H Revenue Misses Estimates at GBP4.64 Billion, Full Year Outlook Reaffirmed

By | Earnings Alerts
  • RELX’s revenue for the first half of 2024 was GBP 4.64 billion.
  • This revenue figure was below the estimated GBP 4.73 billion.
  • RELX is a global provider of information-based analytics and decision tools.
  • The company reaffirmed its full-year outlook for 2024 despite the revenue miss.
  • RELX attributes its long-term growth to a shift towards higher growth analytics and decision tools.
  • The company believes this shift delivers enhanced value to customers across different market segments.
  • Analysts’ current recommendations include 10 buys, 6 holds, and 0 sells for RELX.

RELX PLC on Smartkarma

Analysts on Smartkarma, like Baptista Research, are closely following RELX PLC, a multinational information and analytics company. In their recent report titled “RELX PLC: Strong Reception to New Product Launches & 5 Other Factors Driving Growth in 2024!”, they highlighted the company’s stellar financial performance in 2023. RELX reported an 8% growth in underlying revenue and a 13% increase in adjusted operating profit. Moreover, they proposed an 8% hike in the full-year dividend in pound sterling. The analysts are optimistic about the company’s growth trajectory based on this data.


A look at RELX PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum4
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

Analysing RELX PLC using the Smartkarma Smart Scores, the company shows a promising long-term outlook with strong scores in Growth and Momentum. With a score of 4 in Growth, RELX PLC demonstrates potential for future expansion and development within its industry. Additionally, a Momentum score of 4 indicates the company’s ability to sustain its positive market performance over time. While the scores for Value, Dividend, and Resilience are somewhat moderate, the high scores in Growth and Momentum suggest a bright outlook for RELX PLC‘s future growth and market presence.

Relx PLC, a provider of information solutions catering to professional customers across various sectors, including scientific, medical, legal, and business industries, operates on a global scale. Dually-listed alongside REN NA, the company’s Smartkarma Smart Scores highlight its strengths in Growth and Momentum, pointing towards a positive trajectory for RELX PLC 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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Canon Inc (7751) Earnings: Surpassing Q2 Estimates and Boosting FY Operating Income Forecast

By | Earnings Alerts
  • Canon increases its fiscal year operating income forecast to 465 billion yen from a previous 435 billion yen, surpassing estimates of 422.3 billion yen.
  • Net income forecast is raised to 335 billion yen, up from a prior 305 billion yen, beating the 298.75 billion yen estimate.
  • Net sales are now expected to be 4.60 trillion yen, an increase from the earlier 4.35 trillion yen, also surpassing the 4.35 trillion yen estimate.
  • Dividend remains unchanged at 150.00 yen, just below the 150.80 yen estimate.
  • Second Quarter Results:
    • Operating income for the second quarter was 118.39 billion yen, exceeding the 97.16 billion yen estimate.
    • Net income reached 89.86 billion yen, higher than the estimated 67.62 billion yen.
    • Net sales amounted to 1.17 trillion yen, outperforming the 1.06 trillion yen estimate.
    • Printing sales, including intersegment sales, reached 654.51 billion yen, above the 603.1 billion yen estimate.
    • Medical sales, including intersegment sales, were 141.00 billion yen, compared to the 132.57 billion yen estimate.
    • Imaging sales, including intersegment sales, hit 244.72 billion yen, beating the 220.83 billion yen estimate.
    • Industrial sales, including intersegment sales, totaled 94.46 billion yen, surpassing the 87.43 billion yen estimate.
    • R&D expenses were 85.06 billion yen, higher than the 80 billion yen estimate.
  • Canon has received 4 buy recommendations, 11 hold recommendations, and 0 sell recommendations from analysts.

Canon Inc on Smartkarma



Analysts on Smartkarma have provided insights on Canon Inc, with Joe Jasper advocating for a bullish sentiment in the market. In a report titled “Buy the Pullback; Market Dynamics Remain Healthy; Buys in Tech, Discretionary, Healthcare, Utilities,” Jasper recommends buying the pullbacks in various indexes and highlights the importance of key support levels. He emphasizes that as long as these supports hold, higher prices can be expected, reinforcing a positive outlook on global equities.

Additionally, analyst Travis Lundy, in his report “Canon (7751) – OK 2023 Results, Better Guidance, Bigger, Longer, Slower Buyback,” discusses Canon’s performance in 2023. While results were mixed and net profit slightly underperformed expectations, Lundy notes that the guidance for 2024 is above consensus. An intriguing development highlighted is Canon’s introduction of a long-dated buyback plan, departing from its traditional short and swift buyback approach. This shift indicates a strategic change in Canon’s shareholder engagement, adding an element of novelty to their capital allocation strategy.




A look at Canon Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.6

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

Analysts using the Smartkarma Smart Scores have provided an overview of Canon Inc‘s long-term outlook based on various factors. Canon Inc, a leading professional and consumer imaging solutions company known for its digital imaging technologies, has received mixed scores across different categories. It scored high in Growth and Dividend, indicating positive expectations for future expansion and shareholder returns. However, it scored lower in Value, Resilience, and Momentum, suggesting potential challenges in terms of market value, adaptability to changes, and price trends.

Despite some areas of concern, Canon Inc‘s strong focus on innovation and diversified product offerings, which include networked multifunction devices, digital copiers, cameras, and semiconductor equipment, position it well for long-term success. Investors may need to carefully monitor how the company addresses the lower-scoring factors to gauge its overall performance in the coming years.


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
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  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars