Category

Earnings Alerts

Talanx (TLX) Earnings Beat Expectations, Shares Rise 5.5%

By | Earnings Alerts
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  • UBS posted a 5.7% increase in profit for the second quarter, driven by strong investment banking performance and successful integration of Credit Suisse.
  • UBS’s investment bank had a record second quarter, significantly outperforming its wealth management division.
  • A consortium led by CK Infrastructure agreed to buy wind farms in the UK from Aviva’s asset-management arm, with London considered as a second listing venue.
  • Citigroup is raising the bonus limit for some top UK bankers and traders, following JPMorgan Chase and Barclays.
  • The European Central Bank defended its investigation into risky loans, stressing the importance amid current market conditions.
  • The Bank of England is examining prime brokerage practices of lenders due to their exposure to hedge funds and other non-banks.
  • UBS saw a 23% increase in advisory fees in 2Q, mirroring growth seen in major US banks.
  • Nordea Bank’s nonperforming loans rose by 10% in the quarter, though asset quality remained stable.
  • CaixaBank’s interim capital distribution slightly missed expectations due to lower dividend accrual, but share buybacks were on track.
  • Unibail experienced decent underlying revenue growth despite lost rent from disposals, with new income from media escalating.
  • Aviva’s earnings growth in mature markets remains challenging, despite a positive 1H operating profit.
  • Talanx saw a 5.5% rise in 1H earnings but didn’t raise guidance due to concerns about the hurricane season.
  • Handelsbanken’s cost growth accelerated, and net revenue is forecasted to decline amid falling interest rates, with an expected return on equity below 11% by 2026.
  • BPER Banca’s rating was raised by KBW to outperform from market perform.
  • Swissquote was upgraded by Kepler Cheuvreux to buy from hold.
  • Hargreaves Lansdown was downgraded by Investec to hold with a target of 1110p.
  • Biggest advancers: BAWAG Group (+2.91%), Banca Popolare di Sondrio (+2.59%), Erse Group Bank (+1.95%), BPER Banca (+1.72%).
  • Biggest decliners: ABN Amro (-3.32%), Banca Monti dei Paschi di Sien (-0.70%), AIB Group (-0.3%), Nordea Bank (-0.24%).

“`


A look at Talanx Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience4
Momentum3
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

Analysts using Smartkarma’s Smart Scores have given Talanx a positive long-term outlook based on its strong performance across various factors. With solid scores in Growth, Dividend, and Resilience, Talanx is positioned well for future success. The company’s focus on expansion and stability, combined with a strong dividend yield, indicates a promising trajectory for investors.

Talanx, a holding company operating in the insurance and financial services sector, has a global presence and offers a wide range of insurance products. The company’s high scores in Growth and Resilience reflect its ability to adapt to changing market conditions and sustain long-term growth. Additionally, its strong focus on dividends highlights a commitment to rewarding shareholders, making Talanx an attractive investment option for those seeking steady returns.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Central Retail Corp Ltd (CRC) Earnings: 2Q Net Income Soars to 1.66B Baht with EPS at 0.28 Baht

By | Earnings Alerts
  • Central Retail’s net income for the second quarter of 2024 is 1.66 billion baht.
  • Earnings per share (EPS) for Central Retail stand at 0.28 baht.
  • Analyst recommendations for Central Retail include 20 buys, 3 holds, and 0 sells.

A look at Central Retail Corp Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience2
Momentum2
OVERALL SMART SCORE2.6

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

Central Retail Corp Ltd, a company operating general merchandise stores in Thailand, holds a promising long-term outlook based on Smartkarma Smart Scores. With a strong score of 5 in Growth, Central Retail is expected to expand and increase its market presence over the years. This indicates positive potential for the company’s future development and revenue growth.

Although Central Retail Corp Ltd scored lower in other areas such as Value, Dividend, Resilience, and Momentum, its high Growth score signifies a robust trajectory for the company. Investors may view Central Retail as a growth opportunity in the market, despite some weaknesses in other aspects. Overall, Central Retail’s focus on growth could position it favorably in the long term within the retail sector in Thailand.


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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Schwab (Charles) (SCHW) Earnings: Strong July Brings $29.0B in Core Net New Assets

By | Earnings Alerts
  • Core net new assets in July: $29.0 billion
  • Assets brought in by new and existing clients
  • Total client assets: $9.57 trillion
  • New brokerage accounts: 327,000
  • Analysts’ recommendations: 18 buys, 6 holds, 2 sells

A look at Schwab (Charles) Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
Momentum3
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

Based on the Smartkarma Smart Scores, Charles Schwab is rated with a neutral outlook across various factors including Value, Dividend, Growth, Resilience, and Momentum, all scoring a 3 out of 5. This suggests that the company is positioned moderately in terms of these key investment considerations. The Charles Schwab Corporation offers a wide range of financial services to a diverse set of clients, catering to individual investors, independent investment managers, retirement plans, and institutions. With a presence in the United States, Puerto Rico, and the United Kingdom, Schwab is known for providing securities brokerage, banking, and related financial services.

Looking towards the long-term prospects of Schwab, the consistent scores of 3 in various aspects indicate stability and a balanced performance across different criteria. While not excelling in any particular area, the company maintains a solid stance in terms of value, dividends, growth potential, resilience, and momentum. Investors may view this overall outlook as a signal of steady growth and performance, reflecting the company’s ability to navigate various market conditions and maintain a reliable position in the financial services industry on a global scale.


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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Progressive Corp (PGR) Earnings: July Net Premiums Earned Surge to $6.07B

By | Earnings Alerts
  • Impressive Earnings: Progressive earned net premiums of $6.07 billion in July 2024.
  • Strong Growth: The company wrote net premiums totaling $6.38 billion in the same month.
  • Analyst Opinions:
    • 15 analysts recommend buying Progressive stock.
    • 7 analysts suggest holding the stock.
    • Only 1 analyst advises selling the stock.

Progressive Corp on Smartkarma



Analyst coverage of Progressive Corp on Smartkarma has been positive, with Baptista Research publishing a research report titled “The Progressive Corporation: Leveraging Technology for Competitive Pricing! – Major Drivers.” The report highlights Progressive Corporation’s strong first-quarter results in 2024, showcasing robust growth and profitability. Notable achievements include an 18% increase in net premiums written and an impressive combined ratio of 86.1%. These results demonstrate both growth and a strategic approach to rate revisions and risk management, aligning with the core values and business strategy of the company.



A look at Progressive Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
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

Based on Smartkarma Smart Scores, Progressive Corp shows a promising long-term outlook. With above-average scores in Growth and Momentum, the company is positioned for continued expansion and market appeal. Coupled with a solid Resilience score, Progressive Corp demonstrates a capacity to weather challenges and maintain stability in the face of uncertainties. Although the Value and Dividend scores are average, the strong performance in Growth and Momentum suggests a positive trajectory for the company’s future prospects.

The Progressive Corporation, an insurance holding company, excels in providing personal and commercial automobile insurance as well as specialty property-casualty insurance across the United States. With a notable emphasis on growth and momentum, backed by a resilient operational foundation, Progressive Corp is poised to capitalize on opportunities in the insurance sector and drive sustainable long-term performance.


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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Performance Food Group Co (PFGC) Earnings: 4Q Adjusted EPS Beats Estimates with Strong Showing Across Segments

By | Earnings Alerts
  • Adjusted EPS: $1.45, up from $1.14 last year, beating estimates of $1.37.
  • Net Sales: $15.19 billion, a 2.2% increase year-over-year (y/y), slightly below the $15.27 billion estimate.
  • Foodservice Net Sales: $7.65 billion, a 4.6% increase y/y, exceeding the $7.57 billion estimate.
  • Vistar Net Sales: $1.20 billion, a 1.8% decrease y/y, below the $1.27 billion estimate.
  • Convenience Net Sales: $6.26 billion, a 0.5% decrease y/y, under the $6.36 billion estimate.
  • Gross Profit: $1.75 billion, a 4.7% increase y/y, ahead of the $1.72 billion estimate.
  • Adjusted EBITDA: $456.2 million, an 18% increase y/y, higher than the $439.5 million estimate.
  • Vistar Adjusted EBITDA: $85.5 million.
  • Convenience Adjusted EBITDA: $114.5 million, above the $94 million estimate.
  • Adjusted Foodservice EBITDA: $311.8 million, surpassing the $295.3 million estimate.
  • Analyst Ratings: 11 buys, 3 holds, 0 sells.

Performance Food Group Co on Smartkarma



Performance Food Group Co‘s recent financial performance has sparked interest among analysts on Smartkarma, such as Baptista Research. In their report titled “Performance Food Group Company: These Are The 4 Biggest Takeaways From Their Recent Financial Performance! – Financial Forecasts,” Baptista Research highlighted the company’s resilience in the face of challenges like inclement weather and inflation. Despite adversities, PFG’s Foodservice segment saw steady performance, especially with rebounding performance in February and March. Baptista Research conducted a thorough fundamental analysis, including a Discounted Cash Flow (DCF) valuation, to provide investors with insights into the company’s potential future performance and valuation under different scenarios. The report aims to give a nuanced understanding of the risks and opportunities associated with investing in Performance Food Group Co.

Another report from Baptista Research, titled “Performance Food Group: Emergence of E-commerce & 5 Major Drivers Propelling The Company – Financial Forecasts,” discussed the company’s strong results in Q2 2024. Performance metrics showed a 2.9% increase in total net sales, reaching $14.3 billion, with total case volume growth contributing to this positive performance. The report highlighted the emergence of e-commerce and identified five major drivers propelling the company’s growth. Baptista Research‘s bullish sentiment towards Performance Food Group Co reflects their positive outlook on the company’s future prospects and the factors that could impact its stock price in the near term.



A look at Performance Food Group Co Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth5
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

Performance Food Group Company, a leading distributor of food products in the United States, has been assessed using Smartkarma Smart Scores for various factors that impact its long-term outlook. With a strong score of 5 in Growth, the company is poised for significant expansion and development in the future. This indicates a positive trajectory for Performance Food Group in terms of business growth and market position.

However, the company’s low score of 1 in Dividend suggests a weaker performance in terms of returning profits to shareholders through dividends. While the scores in Value, Resilience, and Momentum fall in the mid-range, there is room for improvement in these areas to enhance the overall performance of Performance Food Group 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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Hydro One (H) Earnings: 2Q Revenue Surpasses Estimates with Robust Growth

By | Earnings Alerts
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  • Hydro One’s 2Q revenue reached C$2.03 billion, up 9.4% from the previous year, beating the estimate of C$1.95 billion.
  • Transmission revenue was C$583 million, an increase of 4.3% year-over-year, surpassing the estimate of C$570.8 million.
  • Distribution revenue stood at C$1.44 billion, growing by 12% year-over-year, and exceeded the estimate of C$1.35 billion.
  • Other revenue came in at C$12 million, a decrease of 7.7% year-over-year, but slightly above the estimate of C$11.6 million.
  • Distribution operation, maintenance, and administration costs were C$182 million, down 3.2% year-over-year, and lower than the estimate of C$196.4 million.
  • Transmission operation, maintenance, and administration costs totaled C$113 million, a reduction of 8.9% year-over-year, below the estimate of C$123.9 million.
  • Other operation, maintenance, and administration costs remained steady at C$24 million, in line with the previous year, and higher than the estimate of C$21.4 million.
  • Capital expenditure reached C$818 million, a significant increase of 26% year-over-year, exceeding the estimate of C$727.5 million.
  • Analyst recommendations included 2 buys, 8 holds, and 1 sell.

“`


A look at Hydro One Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
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

Hydro One Limited, an electrical transmission and distribution utility in Ontario, is positioned for a promising long-term outlook based on its Smartkarma Smart Scores. With solid scores across key factors such as Value, Dividend, and Growth, the company demonstrates a strong foundation for future performance. A notable Momentum score further enhances its outlook, indicating positive market sentiment and potential for continued growth. However, the Resilience score of 2 suggests a slightly lower level of stability, which may warrant careful monitoring of market conditions. Overall, Hydro One’s role in delivering electricity safely and reliably positions it well for sustainable growth in the future.

Summary: Hydro One Limited stands out as a prominent electrical utility company in Ontario, providing essential services to customers throughout the province. With ownership of Ontario’s transmission and distribution network, the company plays a critical role in ensuring energy delivery to a diverse range of customers, including industrial and municipal sectors. As reflected in its Smartkarma Smart Scores, Hydro One presents a balanced outlook for investors, with strengths in key areas indicating resilience and growth potential 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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Metro Inc (MRU) Earnings: 3Q Adjusted EPS Beats Estimates with Strong Sales Growth

By | Earnings Alerts
  • Adjusted EPS: Metro Inc. reported an adjusted EPS of C$1.35, which matches the previous year’s performance and beats the estimate of C$1.34.
  • Reported EPS: The company posted an EPS of C$1.31, a decline from C$1.49 year-over-year.
  • Sales Growth: Sales increased by 3.5% year-over-year to C$6.65 billion, surpassing the estimate of C$6.59 billion.
  • Food Comparable Sales: Comparable sales in the food segment grew by 2.4%, down from 9.4% the previous year, but better than the estimated growth of 1.09%.
  • Management’s Comment: The company highlighted strong comparable sales growth in the third quarter, attributing it to effective merchandising and good execution in both food and pharmacy banners.
  • Analyst Ratings: The company has 2 buy ratings, 7 hold ratings, and 1 sell rating from analysts.

A look at Metro Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
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

Based on the Smartkarma Smart Scores, Metro Inc shows a promising long-term outlook. With a high Momentum score of 4, the company demonstrates strong positive market momentum. Coupled with a Value score of 3, indicating a favorable valuation, Metro Inc seems positioned well for potential growth. Its Growth score of 3 reflects the company’s potential for future expansion and development. However, Metro Inc‘s scores in Dividend and Resilience are slightly lower at 2, suggesting room for improvement in these areas. Overall, Metro Inc‘s outlook appears positive, particularly in terms of market momentum and valuation.

Metro Inc operates as a distributor of food and pharmaceutical products, running a network of food and drug stores primarily in Quebec and Ontario. The company’s diverse operations in the retail sector position it as a significant player in Canada’s food and pharmaceutical distribution industry. With its balanced scores across various factors, Metro Inc showcases potential for long-term growth and sustainability in the competitive market landscape.


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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CP FOODS (CPF) Earnings: Q2 Net Income Soars to 6.92 Billion Baht, Beating Estimates

By | Earnings Alerts
  • Charoen Pokphand’s Net Income: 6.92 billion baht
  • Market Estimate: 4.52 billion baht
  • EPS (Earnings Per Share): 0.86 baht
  • EPS Estimate: 0.56 baht
  • Analyst Ratings: 17 buys, 4 holds, 0 sells

A look at CP FOODS Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth2
Resilience2
Momentum5
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

CP FOODS, a leading producer of various food products such as chicken, pork, shrimp, fish, eggs, and duck, has garnered an optimistic long-term outlook based on Smartkarma Smart Scores. The company excels in momentum with a top score of 5, indicating strong performance trends. This suggests that CP FOODS is well-positioned for sustained growth and market momentum in the foreseeable future.

Moreover, CP FOODS also demonstrates robust value with a score of 4, showcasing its attractive valuation metrics. While growth and resilience scores stand at 2 for each, there is room for improvement in these areas. A moderate dividend score of 3 further solidifies CP FOODS‘ overall positive outlook, making it a company to watch for potential 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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Cardinal Health (CAH) Earnings: Q4 Adjusted EPS Surpasses Estimates with Strong Cash Flow and Revenue Growth

By | Earnings Alerts





  • Cardinal Health‘s 4Q adjusted EPS reached $1.84, surpassing last year’s $1.55 and exceeding estimates of $1.73.
  • Adjusted operating income stood at $605 million, marking an 8% year-over-year increase and beating the estimate of $602 million.
  • Revenue surged to $59.87 billion, a 12% growth from the previous year, surpassing the $58.54 billion estimate.
  • Global Medical Products and Distribution revenue amounted to $3.11 billion.
  • Cash from operating activities reached $2.08 billion, significantly higher than last year’s $858 million and above the estimate of $952.6 million.
  • For fiscal year 2025, the company adjusted its non-GAAP diluted EPS outlook to a range of $7.55 to $7.70, higher than the previous minimum expectation of $7.50.
  • Cardinal Health also increased its share repurchase goals for fiscal year 2025 by $250 million, bringing the total to $750 million.
  • The company reported robust cash flow, continued profit growth in its Pharmaceutical and Specialty Solutions segment, and significant improvements driven by its GMPD Improvement Plan.
  • Analyst ratings: 9 buys, 9 holds, 1 sell.



Cardinal Health on Smartkarma

Analyst coverage of Cardinal Health on Smartkarma showcases a positive outlook from Baptista Research. In their report titled “Cardinal Health: Deep-Rooted Market Relationships & Competitive Edge! – Major Drivers,” the analysts highlight the company’s strong Q3 FY2024 financial performance. Cardinal Health demonstrated broad-based growth, attributing its success to focusing on four strategic priorities. The pharmaceutical and specialty solutions business experienced notable growth, supported by ongoing stability in pharmaceutical demand. Baptista Research‘s bullish sentiment suggests confidence in Cardinal Health‘s future prospects.


A look at Cardinal Health Smart Scores

FactorScoreMagnitude
Value0
Dividend3
Growth3
Resilience5
Momentum2
OVERALL SMART SCORE2.6

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

Cardinal Health, Inc. is positioned for a stable long-term outlook, according to Smartkarma Smart Scores. With a strong resilience score of 5, the company demonstrates robustness and adaptability in the face of challenges. This reflects positively on its ability to weather uncertainties and maintain performance over time. Additionally, Cardinal Health scores a respectable 3 on both the dividend and growth factors, indicating a balance between rewarding investors through dividends and potential for growth in the future.

However, the company lags slightly in momentum with a score of 2, suggesting a slower pace in price movement compared to its peers. While the value score is at 0, this may indicate that Cardinal Health is currently not undervalued based on certain metrics. Overall, Cardinal Health, Inc. stands out for its resilience and steady performance, making it a noteworthy player in the healthcare industry providing a wide range of essential products and services to healthcare providers and manufacturers.


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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Goertek Inc A (002241) Earnings Surge in 1H with 1.23B Yuan Net Income Despite Revenue Dip

By | Earnings Alerts
  • GoerTek’s net income for the first half of 2024 is 1.23 billion yuan, a significant increase from 421.8 million yuan in the same period last year.
  • Revenue for the first half of 2024 stands at 40.38 billion yuan, which is an 11% decrease year-on-year.
  • Earnings per share (EPS) for the period is 36 RMB cents.
  • Analyst recommendations: 15 buys, 7 holds, and 3 sells are noted.

A look at Goertek Inc A Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience3
Momentum5
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



Goertek Inc A, a manufacturer of wireless communication products, has received mixed ratings based on the Smartkarma Smart Scores. With a high momentum score of 5, the company seems to be exhibiting strong positive price trends. This could indicate a promising future in terms of stock performance. However, the company falls short on dividend yield with a score of 2, suggesting limited returns for dividend-seeking investors. While the value, growth, and resilience scores all sit at a moderate level of 3, indicating stability and potential growth, there may be room for improvement to attract value and growth investors.

Overall, Goertek Inc A seems to be well-positioned in the wireless communication sector, serving global markets with a diverse range of products. The company’s strong momentum score implies bullish market sentiment and potential future growth opportunities. However, investors seeking consistent dividend income may be hesitant due to the lower dividend score. With a focus on enhancing value, growth, and resilience factors, Goertek Inc A could further solidify its position as a competitive player in the telecommunication and electro-acoustic industries 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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