Category

Earnings Alerts

Bank of America (BAC) Earnings: June Charge-Offs at 2.6%, Delinquencies at 1.41%

By | Earnings Alerts
  • Bank of America’s charge-offs for June 2024 were 2.6%.
  • Delinquencies for the same period were recorded at 1.41%.
  • Current stock analyst ratings show 15 buy recommendations.
  • Additionally, there are 13 hold recommendations.
  • No analysts have recommended selling the stock.

A look at Bank Of America Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth4
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

Bank of America Corporation, a leading financial institution, has received strong scores across various key factors indicating a positive long-term outlook. The company has demonstrated solid value with a score of 4, suggesting that it is attractively priced in the market. Additionally, Bank of America has shown growth potential with a score of 4, indicating promising prospects for expansion. Its momentum score of 5 reflects strong market momentum, further reinforcing its positive outlook. While its resilience score of 2 indicates some room for improvement, the overall outlook remains optimistic.

Furthermore, Bank of America’s dividend score of 3 underscores its commitment to returning value to shareholders. With a diverse range of financial products and services, including banking, investing, asset management, and risk management, the company is well-positioned to navigate various market conditions. Overall, Bank of America’s solid scores across key factors and its robust business model make it a compelling investment option for long-term growth and stability.


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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Goldman Sachs Group (GS) Earnings: 2Q FICC Sales & Trading Revenue Surpasses Estimates

By | Earnings Alerts
  • Goldman Sachs reported net revenue of $12.73 billion, up 17% year-over-year (y/y), surpassing estimates of $12.39 billion.
  • FICC (Fixed Income, Currency, and Commodities) sales & trading revenue stood at $3.18 billion, also up 17% y/y, beating the estimate of $3.02 billion.
  • Global Banking & Markets net revenues were $8.18 billion, a 14% increase y/y, ahead of the $7.95 billion estimate.
  • Investment banking revenue totaled $1.73 billion, up 21% y/y, though slightly below the $1.82 billion estimate.
  • Equities sales & trading revenue reached $3.17 billion, marking a 6.8% increase y/y and above the $3.08 billion estimate.
  • Advisory revenue was $688 million, a 6.7% rise y/y, but under the $778.1 million estimate.
  • Equity underwriting revenue came in at $423 million, up 25% y/y, ahead of the $411.1 million estimate.
  • Debt underwriting revenue was $622 million, up 39% y/y, exceeding the $614.7 million estimate.
  • Platform Solutions reported a pretax loss of $147 million, better than the estimated loss of $207.3 million.
  • Total deposits were $433 billion, a 1.8% decrease quarter-over-quarter (q/q).
  • Provision for credit losses was $282 million, down 54% y/y, and below the $468 million estimate.
  • Total operating expenses reached $8.53 billion, a slight decrease of 0.1% y/y, but higher than the $8.1 billion estimate.
  • Compensation expenses amounted to $4.24 billion, up 17% y/y, above the $4.06 billion estimate.
  • Annualized Return on Equity (ROE) was 10.9%, compared to the estimate of 10.5%.
  • Return on Tangible Equity was 11.6%, slightly above the 11.4% estimate.
  • The Standardized Common Equity Tier 1 (CET1) ratio stood at 14.8%, higher than the 14.5% estimate.
  • Book value per share was $327.13, compared to $309.33 y/y.
  • The efficiency ratio was 67%, missing the estimate of 65.3%.
  • Assets under management (AUM) were $2.93 trillion, an 8.1% increase y/y, exceeding the $2.91 trillion estimate.
  • Total AUS (Assets Under Supervision) net inflows were $71 billion, compared to $12 billion y/y, surpassing the $31.62 billion estimate.
  • Loans were $184 billion, below the $239.61 billion estimate.

Goldman Sachs Group on Smartkarma

Analysts on Smartkarma, such as Pranay Yadav, are optimistic about Goldman Sachs Group‘s performance in 2024. In a two-part series, Mint Finance discusses how the uncertain interest rate outlook for 2024 could impact the company’s stock. Expectations diverge from the Fed’s projections, with forecasts suggesting possible rate cuts. Despite a potential slowdown in the US economy, the outlook points to higher deal-making benefiting Goldman. Market sentiment is positive, with analysts leaning towards a Buy rating and an average upside potential of 11%.

In the first part of the series, Pranay Yadav highlights Goldman Sachs’ strong fiscal year and Q4 2023 earnings, surpassing analysts’ expectations. The company’s performance was driven by increased deal-making and cost reductions. While facing challenges in FY2023 due to real estate losses and strategic shifts, Goldman’s Q4 earnings greatly exceeded estimates. Heading into a more accommodative monetary environment in 2024, analysts anticipate Goldman Sachs to outperform, supported by continued deal-making and improved operational efficiency.


A look at Goldman Sachs Group Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, the long-term outlook for Goldman Sachs Group appears promising. With a high Momentum score of 5, the company is showing strong positive performance trends. This indicates that Goldman Sachs Group is likely to continue its upward trajectory in the future, making it an attractive investment option.

Additionally, Goldman Sachs Group scores well in the categories of Value, Dividend, and Growth, with scores of 4, 3, and 3 respectively. These scores suggest that the company is positioned well in terms of its financial strength, dividend payouts, and potential for growth. Although the Resilience score is slightly lower at 2, the overall outlook for Goldman Sachs Group remains positive, reflecting its solid performance across key factors.

Summary: The Goldman Sachs Group, Inc., a bank holding company, is a global investment banking and securities firm specializing in investment banking, trading and principal investments, asset management and securities services. The Company provides services to corporations, financial institutions, governments, and high-net worth individuals.


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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China Eastern Airlines (670) Earnings Soar as June Passenger Traffic Jumps 27.7%

By | Earnings Alerts
  • Passenger Traffic Surge: In June, China Eastern saw a substantial increase in passenger traffic by 27.7% year-over-year (y/y).
  • Improved Load Factor: The passenger load factor for June was 83.4%, a notable rise from 76% in the same period last year.
  • Analyst Ratings: Currently, the airline has received 13 buy ratings, 3 hold ratings, and 2 sell ratings from analysts.
  • Comparison Basis: All comparisons to previous results are based on the company’s original disclosures.

A look at China Eastern Airlines Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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

China Eastern Airlines Corporation Limited, a key player in the civil aviation industry, has been assigned Smart Scores that reflect a positive long-term outlook. With an impressive Growth score of 5, the company indicates strong potential for expansion and development in the future. Coupled with a Value score of 4, investors may find China Eastern Airlines to be an attractive option for the value it offers relative to its price. Momentum and Resilience scores of 4 and 2, respectively, suggest that the company has been gaining traction and possesses the ability to weather challenges. However, its low Dividend score of 1 may deter income-seeking investors.

Overall, China Eastern Airlines‘ Smart Scores paint a picture of a company with significant growth prospects and solid value, despite a lackluster dividend performance. Investors looking for a company with strong growth potential and relative resilience in the face of market fluctuations may consider China Eastern Airlines as a promising long-term investment opportunity in the civil aviation sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Evonik Industries (EVK) Earnings: FY Adjusted EBITDA Forecast Increased Amid Strong Q2 Preliminary Results

By | Earnings Alerts

  • Forecast Update: Evonik raises its FY adjusted Ebitda forecast to EU1.9 billion to EU2.2 billion, up from the previous range of EU1.7 billion to EU2 billion.
  • Estimates Compared: The new forecast range includes an estimate of EU2 billion.
  • Preliminary Q2 Results: Adjusted Ebitda for the second quarter is preliminarily reported at EU578 million.
  • Sales Performance: Preliminary sales for the second quarter are reported to be above EU3.9 billion.
  • Key Drivers: Improved results attributed to:
    • Strict cost discipline
    • Good volume development in Specialty Additives
    • Price recovery in Animal Nutrition
    • Lower production costs
  • Final Q2 Figures: Evonik to publish final figures for Q2 on August 1, 2024.
  • Analyst Recommendations: Current analyst ratings include 13 buys, 7 holds, and 1 sell.



A look at Evonik Industries Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
Resilience3
Momentum4
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

Evonik Industries AG, a manufacturer of specialty chemicals, is positioned for a positive long-term outlook based on its Smartkarma Smart Scores. The company excels in providing value and robust dividend returns, scoring high in these areas. Additionally, Evonik demonstrates strong momentum in the market, indicating favorable investor sentiment towards its performance. While the growth and resilience scores are slightly lower, the company’s overall outlook remains promising as it continues to innovate and deliver quality products across various sectors.

In summary, Evonik Industries AG stands out in the specialty chemicals industry for its strong value proposition, attractive dividends, and positive market momentum. With a focus on consumer goods, animal nutrition, and pharmaceuticals, the company is well-positioned to capitalize on future opportunities and maintain its competitive edge in the market. Investors looking for a stable and potentially rewarding long-term investment may find Evonik Industries to be a compelling choice based on its favorable Smartkarma Smart Scores.


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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JPMorgan Chase & Co (JPM) Earnings: June Charge-Offs at 1.6%, Delinquencies at 0.82%

By | Earnings Alerts
  • JPMorgan June Charge-Off Rate: 1.6%
  • Current Delinquencies Rate: 0.82%
  • Analyst Recommendations:
    • 21 analysts recommend buying JPMorgan stock.
    • 8 analysts suggest holding the stock.
    • 1 analyst advises selling the stock.

A look at JPMorgan Chase & Co Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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

Analysts have assessed JPMorgan Chase & Co using Smartkarma Smart Scores, with a mixed outlook for the future. The company scores well in Growth and Momentum, indicating positive signs for potential expansion and market performance. In contrast, its Value and Dividend scores suggest a more moderate outlook in terms of investment returns and shareholder payouts. In terms of Resilience, JPMorgan Chase & Co received a lower score, signaling some vulnerability to economic fluctuations.

JPMorgan Chase & Co is a global financial services provider that offers a range of services including investment banking, asset management, and retail banking. With a diversified portfolio catering to businesses, institutions, and individuals, the company plays a significant role in the financial industry. While it demonstrates strengths in growth and momentum, caution may be warranted due to its mixed scores across different factors.


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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China Southern Airlines (1055) Earnings: June Passenger Load Factor Hits 83.4%, Traffic Up 18%

By | Earnings Alerts
  • High Passenger Load Factor: China Southern Airlines reported a passenger load factor of 83.4% for June 2024.
  • Significant Passenger Traffic Growth: The airline experienced an 18% increase in passenger traffic compared to the previous period.
  • Strong Market Sentiment: Among analysts, there are 11 buy ratings and 6 hold ratings for the airline, with zero sell ratings.

A look at China Southern Airlines Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE3.4

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

China Southern Airlines Company Limited, a key player in the airline industry, is positioned for strong long-term growth and momentum based on the Smartkarma Smart Scores. With an impressive score of 5 in Growth and Momentum, the company is forecasted to expand its operations and maintain a positive trajectory in the market. This indicates a promising outlook for China Southern Airlines to capitalize on emerging opportunities and solidify its presence in the commercial airline sector.

While Growth and Momentum are on a high, the company’s Value score of 4 reflects a favorable valuation, indicating that it may be undervalued compared to its intrinsic worth. However, the lower scores in Dividend and Resilience at 1 and 2 respectively suggest potential areas for improvement. As China Southern Airlines continues to enhance its dividend policy and bolster its resilience mechanisms, it has the potential to further strengthen its position in the market and deliver value to its stakeholders.

Summary of China Southern Airlines: China Southern Airlines Company Limited provides commercial airline services throughout China, Southeast Asia and other parts of the world. The Company also provides other airline related services including aircraft maintenance and air catering.


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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Blackrock Inc (BLK) Earnings: Q3 AUM Meets Estimates, Adjusted EPS Beat Projections

By | Earnings Alerts
  • BlackRock’s assets under management (AUM) stand at $10.65 trillion, a 13% year-over-year increase, meeting estimates of $10.73 trillion.
  • Adjusted EPS (earnings per share) is $10.36, significantly higher than the previous year’s $9.28 and above the estimate of $9.93.
  • Net inflows total $81.57 billion, a 1.8% year-over-year increase, though below the estimated $101.24 billion.
  • Long-term inflows amount to $51.37 billion, falling short of the estimated $85.77 billion.
  • Institutional net outflows are $37.47 billion, while retail net inflows are $5.70 billion.
  • Equity net inflows are $6.44 billion, considerably below the estimated $31.85 billion.
  • Fixed income net inflows reach $35.41 billion, surpassing the estimate of $28 billion.
  • Revenue is $4.81 billion, a 7.7% year-over-year increase, but slightly below the estimate of $4.83 billion.
  • Investment advisory performance fees are $164 million, a 39% year-over-year increase, exceeding the estimate of $143.6 million.
  • Base fees and securities lending revenue are $3.88 billion, close to the estimate of $3.9 billion.
  • Technology services revenue is $395 million, a 10% year-over-year increase, exceeding the estimate of $389.3 million.
  • Operating margin is 37.5%, up from 36.2% year-over-year and higher than the estimated 37.1%.
  • Adjusted operating margin is 44.1%, compared to 42.5% year-over-year and the estimate of 42.7%.
  • Total expenses are $3.01 billion, a 5.5% year-over-year increase, slightly below the estimate of $3.02 billion.

Blackrock Inc on Smartkarma

Analysts on Smartkarma, such as Behind the Money and Baptista Research, are closely following Blackrock Inc. Behind the Money‘s research report titled “Best Of: BlackRock Goes All in on Infrastructure” highlights Blackrock’s recent acquisition of Global Infrastructure Partners, solidifying its position in the private capital sector. The report emphasizes a shift towards alternative assets in the industry and points to potential wide-ranging effects on the private capital industry. This bullish sentiment serves as a wake-up call for Wall Street firms to reassess their strategies and partnerships.

Similarly, Baptista Research‘s analysis, “BlackRock Inc.: A Hybrid Strategy In A Shifting Asset Management Landscape! – Key Drivers,” focuses on BlackRock, Inc.’s significant growth in its fourth quarter and full-year results of 2023. The research report portrays a positive outlook, particularly with the announcement of the agreement to acquire Global Infrastructure Partners (GIP). This bullish stance indicates confidence in Blackrock’s strategic moves in adapting to a shifting asset management landscape, showcasing resilience and forward-thinking amidst industry changes.


A look at Blackrock Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
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

Blackrock Inc has been assessed using Smartkarma Smart Scores, which provide a holistic view of the company’s long-term outlook across different key factors. With moderate scores across Value, Dividend, Growth, Resilience, and a strong score in Momentum, Blackrock Inc seems to be positioned decently in terms of overall performance. The company offers diversified investment management services to institutional and retail clients through various investment vehicles, along with risk management services to fixed income investors. This balanced scoring suggests a stable outlook for Blackrock Inc, with a notable positive momentum factor driving its future prospects.


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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People’s Insurance (PICC) (1339) Earnings: June YTD P&C Premium Income Hits 312.00B Yuan

By | Earnings Alerts
  • PICC Group’s Year-to-Date (YTD) property and casualty (P&C) insurance premium income: 312.00 billion yuan.
  • PICC Group’s YTD life insurance premium income: 79.06 billion yuan.
  • Analyst ratings for PICC Group: 15 buys, 5 holds, 0 sells.

People’s Insurance (PICC) on Smartkarma

Independent analyst David Blennerhassett recently published a bullish research report on People’s Insurance (PICC) on Smartkarma. In his insights titled “StubWorld: Stay Long PICC (1339 HK)“, Blennerhassett highlighted that PICC has rebounded from its low implied stub and ratio. Despite this bounce, the stock continues to trade below its historical metrics, indicating potential value for investors. The report also includes analysis on the current setup/unwind tables for Asia-Pacific Holdcos, with specific liquidity and market capitalization criteria.


A look at People’s Insurance (PICC) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.4

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

The People’s Insurance Company (PICC) is positioned favorably for long-term growth, with impressive Smart Scores across various key factors. With a top rating of 5 in both Value and Dividend, PICC demonstrates strong fundamentals and a commitment to rewarding shareholders. A solid score of 4 in Growth signifies potential upside in the company’s future development, while a score of 3 in Resilience indicates a moderate ability to withstand economic challenges. Importantly, the high Momentum score of 5 suggests positive market sentiment and a positive outlook for the stock.

The People’s Insurance Company (PICC) appears to have a promising outlook based on its Smart Scores. With a wide range of property and casualty insurance products on offer, coupled with asset management services, PICC is well-positioned to cater to diverse customer needs across China. The company’s strong performance in areas such as Value, Dividend, and Momentum bodes well for its continued growth and potential as a solid investment option 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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China Coal Energy Co H (1898) Earnings: June Sales Volume Surge to 24.37M Tons, 2.9% Growth

By | Earnings Alerts
  • June Coal Sales Volume: China Coal sold 24.37 million tons of coal in June 2024.
  • Sales Increase: The sales volume represents a 2.9% increase compared to the previous period.
  • Market Reactions: Analysts have a positive outlook on China Coal with 6 buy ratings and 5 hold ratings. There are no sell ratings.

A look at China Coal Energy Co H Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth5
Resilience4
Momentum5
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

China Coal Energy Company Ltd, a prominent player in the coal industry, appears to have a bright long-term outlook based on the Smartkarma Smart Scores. With top ratings in Value, Dividend, Growth, and Momentum, and a still solid score in Resilience, the company seems well-positioned for future success. The high scores across various factors suggest that China Coal Energy Co H is seen favorably in terms of its financial health, growth potential, dividend payouts, and market momentum, all of which are positive indicators for investors.

China Coal Energy Company Ltd is a key player in the mining and marketing of thermal coal and coking coal, while also providing coal mining equipment and design services. With strong Smartkarma Smart Scores across multiple key areas, including Value, Dividend, Growth, Resilience, and Momentum, the company appears to have a solid foundation for sustainable growth and shareholder returns in the long run. Investors may view these scores as a positive signal of the company’s overall performance and potential within the coal sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Singapore Airlines (SIA) Earnings: June Passenger Load Factor Soars to 87.4%

By | Earnings Alerts
  • June passenger load factor for Singapore Air’s group airlines reached 87.4%.
  • The group airlines carried a total of 3.20 million passengers in June.
  • The cargo load factor for the group was 58%.
  • Total cargo and mail handled by group airlines amounted to 92.5 million kg.
  • Available seat kilometers for group airlines increased by 11%.
  • Revenue passenger kilometers for group airlines rose by 7.2%.
  • Analysts’ recommendations for Singapore Air include 2 buys, 9 holds, and 2 sells.

Singapore Airlines on Smartkarma

Analyst coverage on Singapore Airlines by Neil Glynn on Smartkarma indicates a bearish sentiment towards the airline’s financial performance. In the report titled “Singapore Airlines – 4Q Likely to Extend the Theme of Earnings Normalization as FY25 Comes into View,” Glynn highlights the expectation of a disappointing 4Q24 with earnings continuing to normalize down from peak levels. The forecast for FY25 suggests a further 20% decrease in operating earnings below consensus, attributing the decline to inflationary pressures faced by SIA, which are among the highest in the APAC region.

In another report titled “Singapore Airlines – Onset of Earnings Normalization to Heighten Focus on Efficiency,” Glynn dives into SIA’s cost control measures lagging behind its APAC peers as the journey towards “normalised” earnings intensifies with capacity restoration. The report indicates a reduction in operating profit forecasts for FY24 and FY25, highlighting concerns over inflation levels relative to competitors. The analysis raises questions about the need for greater efficiency, particularly in areas like cargo operations and Scoot’s margins to aid SIA in cost management efforts.


A look at Singapore Airlines Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience3
Momentum4
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

Smartkarma Smart Scores provide valuable insights into the long-term outlook for Singapore Airlines. With strong scores in Dividend, Growth, and Momentum, the airline is positioned to deliver steady returns to investors. The high Growth score indicates promising potential for expansion and profitability, while the solid Dividend score reflects the company’s ability to provide attractive returns to shareholders. Furthermore, the favorable Momentum score suggests positive market sentiment and potential for future growth.

Despite some average scores in Value and Resilience, Singapore Airlines remains a competitive player in the aviation industry. The company’s diverse range of services, including air transportation, engineering, and pilot training, positions it well for sustained growth across various regions. With a strong presence in key markets like Asia, Europe, and the Americas, Singapore Airlines Limited continues to demonstrate resilience and adaptability in the ever-evolving airline 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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