Category

Earnings Alerts

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.
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Verbund AG (VER) Earnings: 1H EBITDA and EBIT Miss Estimates Despite Strong Revenue

By | Earnings Alerts
  • EBITDA: Verbund’s EBITDA for the first half of 2024 was EU1.76 billion, which missed the estimated EU1.81 billion.
  • Net Income: The net income was reported at EU910.1 million.
  • EBIT: The EBIT came in at EU1.28 billion, falling short of the estimated EU1.52 billion.
  • Revenue: Revenue for the period was EU3.89 billion.
  • Analyst Recommendations: The stock has 0 buy ratings, 6 hold ratings, and 11 sell ratings.

A look at Verbund AG Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience4
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

Verbund AG, a company providing integrated electric generation, transmission, and distribution services, has received optimistic Smart Scores across various factors. With a high Growth score of 5 and strong Dividend and Resilience scores of 4 each, Verbund AG appears well-positioned for long-term success. This indicates that the company is expected to experience substantial growth, provide attractive dividend returns, and demonstrate resilience in uncertain market conditions.

Although the Value and Momentum scores are a bit lower at 2 each, the overall positive outlook based on the Smart Scores suggests that Verbund AG could be a promising investment for investors seeking growth and stability in the energy sector. By leveraging its diverse power generation sources including hydro-electric, thermal, and wind power, Verbund AG continues to transmit and distribute power effectively to meet the energy needs of its customers both domestically and internationally.


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 Research Institute (4307) Earnings: 1Q Operating Income Surpasses Estimates with 21% Growth

By | Earnings Alerts
  • Operating Income: 32.64 billion yen, up 21% year-over-year (y/y), beating the estimate of 30.24 billion yen.
  • Consulting Operating Profit: 2.78 billion yen, up 29% y/y, exceeding the estimate of 2.4 billion yen.
  • Financial IT Solutions Operating Profit: 15.40 billion yen, up 27% y/y, surpassing the estimate of 13.3 billion yen.
  • Industrial IT Solutions Operating Profit: 6.67 billion yen, up 13% y/y, higher than the estimate of 6.35 billion yen.
  • IT Platform Service Operating Profit: 7.76 billion yen, up 15% y/y, better than the estimate of 7 billion yen.
  • Net Income: 22.17 billion yen, up 29% y/y, beating the estimate of 20.97 billion yen.
  • Net Sales: 188.11 billion yen, up 6.5% y/y, outperforming the estimate of 185.26 billion yen.
  • 2025 Year Forecast:
    • Operating Income: 132.00 billion yen, below the estimate of 134.37 billion yen.
    • Net Income: 88.00 billion yen, below the estimate of 90.32 billion yen.
    • Net Sales: 780.00 billion yen, slightly under the estimate of 781.31 billion yen.
    • Dividend: 58.00 yen, close to the estimate of 58.71 yen.
  • Analyst Ratings: 9 buys, 7 holds, 0 sells.

A look at Nomura Research Institute Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience2
Momentum5
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 using Smartkarma Smart Scores have assessed Nomura Research Institute, Ltd., providing key insights into the company’s long-term prospects. With a strong Momentum score of 5, Nomura Research Institute is demonstrating vigorous market performance, reflecting positive investor sentiment and potential for growth. This high score suggests a promising outlook for the company’s future trajectory.

Additionally, while the Value, Dividend, Growth, and Resilience scores for Nomura Research Institute are not as high as Momentum, they still indicate overall stability and moderate performance across these key factors. Combining these scores with the standout Momentum rating paints a picture of a company with solid fundamentals and the potential for sustained growth in the long term. Nomura Research Institute, with its diverse range of services including information technology, research, and consulting, appears poised to capitalize on market opportunities and deliver value to investors 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.
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Fuji Electric (6504) Earnings: FY Net Income Forecast Boosted, Beats Q1 Estimates

By | Earnings Alerts
  • Fuji Electric‘s Updated Full-Year Forecasts:
    • Boosted net income forecast to 80.50 billion yen, up from 76.50 billion yen
    • Analyst estimate for net income: 78.72 billion yen
    • Maintained operating income forecast at 109.00 billion yen, below the analyst estimate of 114.39 billion yen
    • Maintained net sales forecast at 1.11 trillion yen, lower than the analyst estimate of 1.13 trillion yen
  • First Quarter Performance:
    • Operating income rose to 17.25 billion yen, an 18% increase year-over-year
    • Exceeding the estimate of 16.18 billion yen for operating income
    • Net income decreased by 6.7% year-over-year to 11.48 billion yen
    • Net sales grew by 1% year-over-year to 236.39 billion yen
    • Fell short of the net sales estimate of 239.47 billion yen
  • Market Sentiment:
    • 9 analysts recommend buying Fuji Electric shares
    • 4 analysts suggest holding the shares
    • 1 analyst advises selling the shares

A look at Fuji Electric Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience3
Momentum2
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 the Smartkarma Smart Scores, Fuji Electric has a positive long-term outlook. With a strong score of 4 in Growth, the company is expected to expand and develop over time. Additionally, Fuji Electric scored well in Resilience with a score of 3, indicating a capacity to withstand economic shocks and adapt to changing market conditions. These factors point towards a promising future for the company in terms of sustainability and growth.

While Fuji Electric scored average in Value and Dividend with scores of 3 and 2 respectively, its Momentum score of 2 suggests a slower pace of market performance. However, the company’s focus on innovation and technological advancements in the manufacturing of electric machinery and electronic devices positions it well for long-term success. In summary, Fuji Electric, a manufacturer of a variety of electronic products, appears poised for growth and resilience 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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Nestle India (NEST) Earnings: Q1 Net Income Falls Short of Estimates

By | Earnings Alerts
  • Net Income: 7.47 billion rupees, up 7% year-on-year (YoY), but lower than the estimated 8.33 billion rupees.
  • Revenue: 48.1 billion rupees, up 3.2% YoY, falling short of the estimated 51.35 billion rupees.
  • Domestic Sales: 46.1 billion rupees, increased by 4.3% YoY.
  • Export Sales: 1.84 billion rupees, decreased by 7.5% YoY.
  • Total Costs: 38.4 billion rupees, up 2.7% YoY.
  • Raw Material Costs: 19.4 billion rupees, down 2% YoY.
  • Other Income: 391.2 million rupees, up 63% YoY.
  • The company focuses on building its distribution infrastructure.
  • Despite lower consumption growth, food inflation concerns, and volatile commodity prices, growth was achieved across product groups.
  • CMD Suresh Narayanan highlights that almost a fourth of the growth was mix and volume-led, and this trend is expected to strengthen.
  • Five out of top twelve brands saw double-digit growth, with the beverages business showing “strong” double-digit growth.
  • E-commerce contributed to 7.5% of domestic sales.
  • Commodity prices for coffee and cocoa are facing unprecedented highs, with a continuous price rally.
  • Cereals and grains are experiencing structural cost increases backed by Minimum Support Price (MSP).
  • There is relative stability in the prices of milk, packaging, and edible oils.
  • Analyst Recommendations: 19 buys, 15 holds, 4 sells.

A look at Nestle India Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
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

According to Smartkarma Smart Scores, Nestle India holds a promising long-term outlook based on its overall performance indicators. With a strong resilience score of 5, the company demonstrates a solid ability to navigate challenges and maintain stability. Additionally, Nestle India scores well in both dividend and momentum, with ratings of 4 for each, indicating a favorable dividend payout and positive market momentum. While the growth score stands at 3, the company still shows potential for expansion and future development. However, with a value score of 2, there may be room for improvement in terms of valuation compared to other factors.

Nestle India Ltd. is a prominent manufacturer of branded milk products and a variety of food items, including popular products like Maggi noodles, Nescafe coffee, and Cerelac weaning foods. The company’s diverse product portfolio caters to a wide range of consumer preferences, solidifying its position in the market. With a strong emphasis on quality and innovation, Nestle India continues to be a key player in the food and beverage industry, offering products that resonate with consumers across various segments.


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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### Nestle India (NEST) Earnings: 2Q Net Income Hits 7.47B Rupees with Strong Domestic Sales###

By | Earnings Alerts
  • Net income: 7.47 billion rupees
  • Revenue: 48.14 billion rupees
  • Domestic sales: 46.09 billion rupees
  • Export sales: 1.84 billion rupees
  • Total costs: 38.44 billion rupees
  • Raw material costs: 19.43 billion rupees
  • Other income: 391.2 million rupees
  • Analyst ratings: 19 buys, 15 holds, 4 sells

A look at Nestle India Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
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

Analysts examining Nestle India‘s long-term prospects find the company’s outlook positive overall. With a solid dividend score of 4 and strong resilience score of 5, Nestle India demonstrates stability and commitment to rewarding its investors. Additionally, scoring 3 in growth and 4 in momentum, the company shows promising potential for expansion and market performance. Although the value score is relatively moderate at 2, the combination of high scores in dividend, growth, resilience, and momentum indicates a favorable trajectory for Nestle India in the coming years.

Nestle India Ltd., known for manufacturing renowned brand-name milk products and a variety of food items, has built a strong foundation in the market. From its diverse range of offerings including dairy products like Everyday and Milkmaid, to popular beverages such as Nescafe and Sunrise, Nestle India caters to diverse consumer needs. Additionally, with the well-known Maggi range comprising noodles, soups, and sauces, the company has established a significant presence in the food industry. With promising scores in key factors like dividend, growth, resilience, and momentum, Nestle India appears well-positioned for sustained success in the future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Stellantis NV (STLA) Earnings: 1H Net Income Falls 48%, Missing Estimates

By | Earnings Alerts
  • Stellantis’ net income for the first half of 2024 was EU5.65 billion, down 48% from last year, missing the estimated EU6.97 billion.
  • Adjusted operating income fell 40% to EU8.46 billion, below the EU8.94 billion estimate.
  • The adjusted operating margin dropped to 10%, compared to 14.4% last year, with an estimate of 10.3%.
  • Industrial free cash flow showed a negative EU392 million, a significant drop from a positive EU8.66 billion last year, with an estimate of EU1.78 billion positive.
  • Net revenue was EU85.02 billion, down 14% year-on-year, under the estimated EU87 billion.
  • North America net revenue reached EU38.35 billion, a 16% decrease, close to the EU38.59 billion estimate.
  • Enlarged Europe net revenue was EU29.97 billion, down 14%, missing the EU31.46 billion estimate.
  • South America net revenue slightly decreased by 2.6% to EU7.37 billion, near the EU7.41 billion estimate.
  • Middle East & Africa net revenue grew by 6.5% to EU5.01 billion, close to the EU5.2 billion estimate.
  • China, India & Asia Pacific net revenue was EU1.07 billion, a sharp 46% drop, below the EU1.24 billion estimate.
  • Maserati’s net revenue halved to EU631 million, missing the EU844.6 million estimate.
  • Vehicle sales in North America were 838,000, a decrease of 18%, but above the 833,631 estimate.
  • Enlarged Europe vehicle sales were 1.39 million, a 6.2% drop, aligning closely with the 1.38 million estimate.
  • South America vehicle sales fell by 6.2% to 394,000, close to the 400,918 estimate.
  • Middle East & Africa vehicle sales increased by 2.9% to 214,000, below the 231,963 estimate.
  • China, India & Asia Pacific vehicle sales dropped drastically by 45% to 32,000, missing the 39,790 estimate.
  • Maserati vehicle sales were 6,500, a 58% drop, under the estimate of 9,808 units.
  • Stellantis reiterated its full-year financial guidance of a double-digit adjusted operating margin and positive industrial free cash flow.
  • The company attributed lower volume and mix, foreign exchange headwinds, and restructuring costs to the decrease in net profit.
  • Stellantis remains committed to returning at least EU7.7 billion to shareholders before the end of 2024.
  • CEO Tavares acknowledged the company’s performance fell short of expectations due to industry challenges and operational issues.
  • Tavares emphasized the need for significant efforts, especially in North America, to maximize long-term potential.

Stellantis NV on Smartkarma

Analyst coverage on Stellantis NV on Smartkarma reveals positive sentiments towards the company’s recent developments. Ming Lu‘s report highlights Stellantis’ joint venture with Leapmotor to sell electric cars in Europe, showcasing a move towards sustainability. Additionally, the report mentions cost-cutting measures at GAC and Li Auto, contrasting with Tencent Music’s impressive 43% YoY revenue growth in 1Q24.

Further insight from Baptista Research emphasizes Stellantis’ strong performance in Full Year 2023 Results, indicating the company’s resilience amidst challenges. CEO Carlos Tavares’ focus on profitable growth aligns with the company’s ambitious electrification strategy. This positive outlook from analysts bodes well for Stellantis NV‘s future prospects in the automotive industry.


A look at Stellantis NV Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience5
Momentum2
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

Stellantis NV, a company engaged in manufacturing automobiles and commercial vehicles, as well as producing metallurgical products and production systems for the automobile industry, is positioned well for long-term success. According to Smartkarma Smart Scores, Stellantis receives high ratings in key areas such as value, dividend, and resilience, indicating a solid foundation for growth and stability. With top scores in value and dividend, investors can expect strong returns and consistent payouts over time, bolstered by the company’s ability to weather market challenges with resilience.

Although Stellantis shows slightly lower momentum according to the scores, the overall outlook remains positive due to its robust performance across other important factors. With a strong focus on value and dividends, coupled with solid resilience, Stellantis NV is poised to deliver long-term value for investors seeking stability and growth 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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Accor SA (AC) Earnings: 1H EBITDA Surpasses Estimates with Strong Revenue Growth

By | Earnings Alerts
  • Accor’s Ebitda stands at €504 million for 1H 2024, surpassing estimates of €492.8 million, with a year-on-year increase of 13%.
  • Revenue reached €2.68 billion, up 11% year-on-year, beating the estimated €2.59 billion.
  • Revenue per available room (RevPAR) is €72.
  • Occupancy rate is at 64.4%.
  • Average daily room rate is €112.
  • Ebit is €345 million, a 9.2% year-on-year increase, though slightly below the estimate of €352.7 million.
  • Net income is €253 million, a 2% year-on-year improvement, exceeding the estimated €229 million.
  • Forecast for the year sees Ebitda between €1.10 billion and €1.13 billion, aligning with estimates of €1.11 billion.
  • RevPAR is expected to increase by 4% to 5%.
  • Medium-term outlook remains unchanged as of June 27, 2023.
  • China tourism has reported expected recovery, but this trend benefits South-East Asian destinations more than the domestic Chinese market.

A look at Accor SA Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience3
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

Accor SA, a company operating hotel chains globally and providing various services such as human resources and marketing, has received a positive outlook based on Smartkarma Smart Scores. With a strong score in Growth and Momentum, Accor SA is positioned for long-term success, indicating potential for expansion and positive market performance.

The company’s balanced scores across Value, Dividend, and Resilience suggest stability and potential for sustainable growth. Accor SA‘s diversified operations in the hospitality industry, spanning from budget to upscale hotels, provide a solid foundation for future performance and resilience in the face of market challenges.

### Accor SA operates hotel chains and offers human resources, marketing, and expense management services. The Company operates hotels ranging from budget to upscale worldwide. ###


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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Sanofi (SAN) Earnings: 2Q Business EPS Beats Estimates, Strong Sales Performance Across Segments

By | Earnings Alerts
  • Business EPS: Sanofi’s business EPS for 2Q is €1.73, beating the estimate of €1.64.
  • Sales: Total sales reached €10.75 billion, surpassing the estimated €10.42 billion.
  • Dupixent Sales: Net product sales for Dupixent were €3.30 billion, higher than the estimated €3.16 billion.
  • Beyfortus Sales: Net sales amounted to €18 million, compared to the €14.5 million estimate.
  • Aubagio Sales: Net sales hit €107 million, exceeding the estimated €88.4 million.
  • Vaccines Sales: Total vaccines sales were €1.14 billion, beating the estimate of €1.1 billion.
  • Influenza Vaccines Sales: Influenza vaccines sales were €115 million, surpassing the €97.8 million estimate.
  • Biopharma Sales: Biopharma net sales were €9.44 billion, above the estimated €9.1 billion.
  • Consumer Healthcare Sales: Sales grew by 6.6% year-over-year to €1.31 billion, slightly above the estimate of €1.29 billion.
  • Constant Exchange Rates: Sales grew by 10.2% at constant exchange rates.
  • Dupixent ex-FX Growth: Sales increased by 29.2% excluding foreign currency impacts.
  • Aubagio ex-FX Decline: Sales dropped by 49.5% excluding foreign currency impacts.
  • Vaccines ex-FX Decline: Sales fell by 4.8% excluding foreign currency impacts.
  • Influenza Vaccines ex-FX Growth: Influenza vaccine sales grew by 20.2% excluding foreign currency impacts.
  • Biopharma ex-FX Growth: Sales increased by 10.3% excluding foreign currency impacts.
  • Consumer Healthcare ex-FX Growth: Sales rose by 9.6% excluding foreign currency impacts.
  • Business Net Income: Reached €2.16 billion, above the estimate of €2.07 billion.
  • Business Operating Income: Reached €2.81 billion, exceeding the estimate of €2.7 billion.
  • Biopharma Operating Income: Achieved €2.57 billion, up 5.6% year-over-year, and exceeding the estimate of €2.4 billion.
  • Consumer Healthcare Operating Income: Was €267 million, down 16% year-over-year, and below the €340.8 million estimate.
  • Gross Margin: Gross margin was 74.2%, compared to 74.5% year-over-year and an estimate of 73.6%.
  • Biopharma Gross Margin: Stood at 75.9%, compared to 75.8% year-over-year and an estimate of 76.1%
  • Consumer Healthcare Gross Margin: Was 62.1%, compared to 65% year-over-year and an estimate of 65.2%.
  • R&D Expenses: Reached €1.70 billion, an increase of 4.5% year-over-year, slightly below the estimate of €1.72 billion.
  • Free Cash Flow: Generated €854 million in free cash flow.
  • 2024 EPS Guidance: Sanofi expects 2024 business EPS to be stable at constant exchange rates, revising the previous guidance of a low single-digit percentage decrease.
  • Consumer Healthcare Separation: The intended separation of Opella (Consumer Healthcare) is on track with the previously communicated timelines.

A look at Sanofi Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
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

Sanofi, a prominent pharmaceutical company known for manufacturing prescription drugs and vaccines, has been assessed using the Smartkarma Smart Scores. These scores provide an overall outlook on different aspects of the company’s performance. Sanofi received a commendable score of 4 for both Dividend and Resilience, indicating strong performance in these areas. Additionally, the company achieved a score of 3 for both Value and Growth, suggesting a stable position with room for potential development. With a Momentum score of 4, Sanofi shows consistent and positive movement in the market. Overall, the Smart Scores reflect a favorable long-term outlook for Sanofi, positioning it well in the pharmaceutical industry.

Sanofi‘s operations as a pharmaceutical company include the production of a wide range of medicines such as those for cardiovascular issues, thrombosis, metabolic disorders, central nervous system conditions, and oncology. With a global reach, Sanofi caters to customers worldwide with its diverse portfolio of pharmaceutical products. The Smartkarma Smart Scores further reinforce Sanofi‘s positive outlook, particularly highlighting its strong dividend yield, resilience in challenging times, and promising growth potential. This assessment underscores Sanofi‘s position as a key player in the pharmaceutical sector, well-equipped to navigate future market dynamics.


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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Nissan Motor (7201) Earnings: FY Operating Income Forecast Cut, Misses Estimates

By | Earnings Alerts
  • Fiscal Year Forecast
    • Operating Income: Estimated 500.00 billion yen, previously expected 600.00 billion yen, market estimate 568.34 billion yen.
    • Net Income: Estimated 300.00 billion yen, previously expected 380.00 billion yen, market estimate 369.5 billion yen.
    • Net Sales: Estimated 14.00 trillion yen, previously expected 13.60 trillion yen, market estimate 13.29 trillion yen.
    • Dividend: Expected 25.00 yen, matching market estimate 25.00 yen.
  • First Quarter Results
    • Operating Income: Reported 995.0 million yen, market estimate 133.85 billion yen.
    • Japan Operating Profit: Reported 53.74 billion yen, market estimate 55.03 billion yen.
    • Europe Operating Loss: Reported loss of 15.94 billion yen, market estimate profit of 3 billion yen.
    • Asia ex-Japan Operating Profit: Reported 17.36 billion yen, market estimate 25.59 billion yen.
    • Net Income: Reported 28.56 billion yen, market estimate 97.08 billion yen.
    • Net Sales: Reported 3.00 trillion yen, market estimate 3.11 trillion yen.
    • Cash on Hand and in Banks: Reported 1.42 trillion yen, market estimate 1.19 trillion yen.
  • Analyst Ratings
    • 6 Buys
    • 10 Holds
    • 3 Sells

Nissan Motor on Smartkarma

Analyst coverage of Nissan Motor on Smartkarma, an independent investment research network, provides valuable insights for investors. Sumeet Singh‘s analysis highlights the ongoing selldown updates between Nissan and Renault, with Renault holding a 28% stake to be sold. The recent cancellation of Ampere’s listing by Renault raises the potential for further selldown of Nissan’s stake, impacting the companies’ relationship and share prices.

Tech Supply Chain Tracker‘s report emphasizes UMC Singapore’s efforts to enhance production capabilities by installing new equipment. Japan’s focus on manufacturing 12 million software-defined vehicles by 2030 and India’s restrictions on IT product imports also influence Nissan Motor‘s operations. Power HV’s advancements in transformer monitoring technology further contribute to the evolving dynamics in the energy industry.


A look at Nissan Motor Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth5
Resilience2
Momentum2
OVERALL SMART SCORE3.8

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

NISSAN MOTOR CO., LTD., a global automobile manufacturer known for its diverse product range under various brands, has garnered positive outlooks in key areas according to Smartkarma Smart Scores. With top scores in Value, Dividend, and Growth, Nissan Motor demonstrates strength in its financial metrics and potential for growth in the long run. These high scores indicate the company’s solid fundamentals, attractive valuation, and commitment to rewarding shareholders through dividends.

While Nissan Motor scores lower in Resilience and Momentum factors, signaling areas for improvement in managing unexpected challenges and enhancing market momentum, its overall outlook remains positive due to the strong performance in other essential aspects. As Nissan continues to expand its manufacturing operations globally and provide financing services, investors may look towards a company with a solid foundation and promising growth prospects 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

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

Sign Up for Free

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  • βœ“ Unlimited Research Summaries
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