Category

Earnings Alerts

PGE Polska Grupa Energetyczna (PGE) Earnings: Q3 EBITDA Surpasses Estimates with 2.46 Billion Zloty

By | Earnings Alerts
“`html

  • PGE’s preliminary EBITDA for the third quarter was 2.46 billion zloty, surpassing the estimated 2.21 billion zloty.
  • The preliminary net income came in at 730 million zloty, which was slightly above the estimated 717.5 million zloty.
  • PGE’s capital expenditure for the period was 2.58 billion zloty.
  • The recurring EBITDA was reported as 2.45 billion zloty.
  • Analyst recommendations for PGE include 7 buy ratings, 1 hold rating, and 4 sell ratings.

“`


A look at PGE Polska Grupa Energetyczna Smart Scores

FactorScoreMagnitude
Value5
Dividend1
Growth2
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 the Smartkarma Smart Scores, PGE Polska Grupa Energetyczna S.A. shows a mixed long-term outlook. The company excels in the Value category with a top score, indicating that it is considered undervalued by the market. However, its Dividend and Growth scores are lower, suggesting caution in these areas. In terms of Resilience, PGE Polska Grupa scores moderately, implying a moderate level of stability. Momentum, with a score of 4, indicates strong positive price performance in the recent past.

PGE Polska Grupa Energetyczna S.A. is an integrated electric company that focuses on transmission grids and power stations. Trading in electricity and energy services both locally and globally, the company plays a crucial role in the national power system operation. With a solid Value score but weaker scores in Dividend and Growth, investors may need to balance potential upside with risk factors when considering investing in PGE Polska Grupa for the long term.


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

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

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

KGHM Polska Miedz SA (KGH) Earnings: Strong 9M Adjusted EBITDA Growth Despite Mixed Q3 Results

By | Earnings Alerts
  • KGHM’s adjusted EBITDA for the first nine months of 2024 was 6.19 billion zloty, a 44% increase compared to the previous year.
  • The net income during this period reached 1.31 billion zloty, marking a 59% rise year-over-year.
  • In the third quarter of 2024, however, KGHM’s net income fell to 240 million zloty, a 45% decrease from the previous year, and below the expected 522.9 million zloty.
  • Despite the drop in net income for the third quarter, the company reported revenue of 8.66 billion zloty, showing a 9.7% increase from the previous year and surpassing estimates of 8.5 billion zloty.
  • The current market sentiment includes 5 buy ratings, 4 hold ratings, and 3 sell ratings for KGHM.

A look at KGHM Polska Miedz SA Smart Scores

FactorScoreMagnitude
Value4
Dividend2
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

KGHM Polska Miedz SA, a leading producer of copper and silver in Europe, is positioned for a positive long-term outlook according to Smartkarma Smart Scores. With a strong Value score of 4, the company is deemed to be attractively valued in the market. This indicates potential for solid returns for investors. Additionally, KGHM Polska Miedz SA scores well on Momentum with a score of 4, suggesting a positive trend in the company’s stock performance.

Although the company’s Dividend score is moderate at 2, it still offers some dividend yield to investors. With Growth and Resilience scores at 3, KGHM Polska Miedz SA is seen to have room for expansion and is resilient in facing market challenges. Overall, the Smartkarma Smart Scores paint a favorable picture for KGHM Polska Miedz SA‘s long-term prospects, making it a potentially promising investment option in the copper and silver 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

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

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

Lamda Development Sa (LAMDA) Earnings: 9M Consolidated EBITDA Surges 22% to €94M, Outpacing Targets

By | Earnings Alerts
  • Lamda’s consolidated EBITDA for the first nine months of the year is €94 million, marking a 22% increase year over year.
  • The company reported a consolidated net loss of €14.1 million, compared to a €6.1 million loss the previous year.
  • Adjusted group consolidated net income for the nine months was €26.3 million, a significant rise from €4.5 million in the previous year.
  • The group’s consolidated EBITDA before asset valuations and other adjustments reached €85.7 million, compared to €35.3 million last year.
  • CEO Odisseas Athanasiou announced that cash proceeds from property sales at The Ellinikon have approached €1 billion, exceeding the target of €900 million and achieving this ahead of schedule by two months.
  • Construction at The Ellinikon is progressing visibly on all fronts, with an expected acceleration in the pace of works in the upcoming quarters despite existing challenges in the construction market, according to the CEO.

A look at Lamda Development Sa Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth2
Resilience3
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

According to Smartkarma Smart Scores, Lamda Development Sa has a mixed long-term outlook. While it shows strong momentum with a score of 5, indicating good growth potential, its dividend and growth scores are respectively at 1 and 2, suggesting some weaknesses in these areas. The company scores moderately on value and resilience with scores of 3, highlighting its stability and fair valuation.

Lamda Development Sa, a holding company listed on the Athens Stock Exchange, focuses on developing land, constructing marinas, and providing yacht maintenance, refurbishing services, and airport services. Its overall Smart Scores signify a company with promising momentum but with room for improvement in areas like dividends and growth.


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

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

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

Vodafone Idea (IDEA) Earnings: 2Q Revenue Falls Short as Net Loss Widens Beyond Estimates

By | Earnings Alerts
  • Vodafone Idea reported second-quarter revenue of 109.32 billion rupees, falling short of the estimated 112.43 billion rupees.
  • The company reported a net loss of 71.76 billion rupees, which is greater than the expected loss of 64.29 billion rupees.
  • EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was 45.50 billion rupees, slightly below the forecast of 46.55 billion rupees.
  • The EBITDA margin for the quarter was 41.6%, missing the estimated margin of 42.3%.
  • The analyst recommendations for Vodafone Idea include 4 buy ratings, 4 hold ratings, and 13 sell ratings.

A look at Vodafone Idea Smart Scores

FactorScoreMagnitude
Value0
Dividend1
Growth3
Resilience5
Momentum2
OVERALL SMART SCORE2.2

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

Investors looking at the long-term outlook for Vodafone Idea may find some encouraging signs based on the Smartkarma Smart Scores assessment. The company receives a high score for Resilience, indicating its ability to weather challenging market conditions and uncertainties. This strong resilience factor suggests that Vodafone Idea has the potential to withstand risks and adapt to changing circumstances in the telecom industry.

Additionally, Vodafone Idea’s moderate score for Growth highlights the company’s potential for expansion and development in the future. While there are areas for improvement, such as the Value score being low, the overall outlook for Vodafone Idea appears to have a foundation of resilience and growth potential, which could be attractive to investors seeking long-term opportunities in the telecom sector.


Summary: Vodafone Idea Limited, a telecom service provider in India, offers a range of mobile services including 2G, 3G, and 4G, as well as mobile payments, enterprise solutions, and entertainment services.


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

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

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

Pi Industries (PI) Earnings: 2Q Net Income Surpasses Estimates While Shares Dip

By | Earnings Alerts
  • PI Industries reported a net income of 5.08 billion rupees, marking an increase of 5.6% compared to the previous year.
  • The reported net income surpassed analysts’ expectations, which were estimated at 4.74 billion rupees.
  • Revenue for the second quarter was 22.2 billion rupees, increasing by 4.7% year-over-year but falling short of the estimated 22.97 billion rupees.
  • Total costs for the quarter amounted to 16.8 billion rupees, a modest rise of 1.8% from the previous year.
  • Despite surpassing net income estimates, PI Industries’ shares dropped by 2.3% to 4,446 rupees.
  • The trading volume was noted at 174,456 shares.
  • Market analysts’ recommendations included 18 buys, 5 holds, and 6 sells for the company’s stock.

A look at Pi Industries Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
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

Based on the Smartkarma Smart Scores, Pi Industries exhibits a promising long-term outlook. With a strong score in Resilience, indicating the company’s ability to weather market fluctuations and challenges, Pi Industries is positioned well for stability and sustainability in the future.

Furthermore, Pi Industries also scores high in Growth and Momentum, suggesting potential for expansion and positive market performance in the coming years. The company’s focus on manufacturing agricultural and fine chemicals, along with polymers, aligns with the increasing demand in these sectors, indicating promising prospects for growth and profitability.

Company Summary: PI Industries Limited specializes in the manufacturing of agricultural and fine chemicals, along with polymers. Their product range includes fine chemicals, crop protection, plant nutrients, seeds, and engineering plastics which cater to various industries such as automobile, electrical, and home appliances. With a diverse product portfolio and emphasis on quality, Pi Industries is well-positioned to capitalize on market opportunities and drive sustainable growth.


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

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

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

Turrent Power (TPW) Earnings: 2Q Net Income Falls Short of Estimates

By | Earnings Alerts
  • Torrent Power‘s net income for the second quarter was 4.81 billion rupees, which is an 8.6% decrease compared to the previous year.
  • The net income fell short of the estimated 5.79 billion rupees.
  • Revenue increased by 3.2% year-over-year to reach 71.8 billion rupees, slightly beating the estimate of 71.55 billion rupees.
  • Total costs rose by 4.4% year-over-year to 66.1 billion rupees.
  • Analysts have varying opinions on Torrent Power, with 4 recommending buys, 2 holds, and 4 suggesting sells.

A look at Torrent Power Smart Scores

FactorScoreMagnitude
Value2
Dividend4
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

Looking into the future, Torrent Power Limited, a company deeply involved in power generation, transmission, and distribution in India, exhibits promising signs according to the Smartkarma Smart Scores. With solid scores of 4 in both Dividend and Growth categories, Torrent Power showcases a strong potential for delivering consistent dividends to its investors while also demonstrating potential for future growth in the industry.

Furthermore, the company’s Momentum score of 4 indicates strong market momentum, suggesting a positive market sentiment towards Torrent Power. However, with Value and Resilience scores of 2 each, the company may face challenges in terms of valuation and resilience to market disruptions. Overall, investors considering Torrent Power for the long term may take into account its strong dividend and growth potential, supported by its positive momentum in the market.


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

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

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

Hera SpA (HER) Earnings: 9M Adjusted EBITDA Hits EU1.04B with Strong Revenue of EU8.19B

By | Earnings Alerts
“`html

  • Hera reported an Adjusted EBITDA of €1.04 billion for the first nine months.
  • The company’s Adjusted Net Income stood at €312.1 million.
  • Hera’s Adjusted EBIT was recorded at €522.5 million.
  • The revenue for Hera reached €8.19 billion.
  • Market analysts have a positive outlook on Hera with 6 buy ratings, 1 hold, and 0 sell recommendations.

“`


A look at Hera SpA Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.4

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

Hera SpA, the Italian municipal utility company, has received a moderately positive overall outlook based on the Smartkarma Smart Scores. With a solid dividend score of 4 and a promising momentum score of 4, Hera SpA is positioned favorably for potential long-term growth and income generation. The company’s focus on distributing essential utilities like electricity, gas, and water, along with its efficient waste management services, underlines its resilience in delivering stable returns to investors.

While Hera SpA received average scores for value and growth at 3 each, its strong dividend and momentum scores indicate a positive trajectory for the company’s future performance. Serving key regions in northern Italy, including Bologna, Rimini, and Ravenna-Lugo, Hera’s diverse utility operations provide a steady foundation for sustainable growth and utility service continuity 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.
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

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

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

Loblaw Cos (L) Earnings: 3Q Adjusted EPS Surpasses Estimates with C$2.50, Revenue Slightly Below Forecasts

By | Earnings Alerts
  • Loblaw’s third-quarter adjusted earnings per share (EPS) were C$2.50, beating the estimate of C$2.45 and showing improvement from C$2.26 the previous year.
  • Food retail comparable sales saw a small growth of 0.5% compared to a higher 4.5% the previous year.
  • Drug retail comparable sales increased by 2.9%, down from a 4.6% increase last year.
  • The company’s revenue rose by 1.5% year-over-year to C$18.54 billion, slightly below the estimated C$18.65 billion.
  • Given the year-to-date performance, Loblaw is slightly boosting its full-year guidance for adjusted net earnings per share growth from high single-digits to low double-digits.
  • Market analysts’ ratings include 7 buys, 3 holds, and 2 sells.

A look at Loblaw Cos Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE2.8

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

With Smartkarma Smart Scores indicating a promising long-term outlook for Loblaw Companies Limited, the Canadian retail and wholesale food distributor seems to be in a favorable position. The company’s strong growth and momentum scores, both at 4 out of 5, suggest positive traction in the market and potential for continued expansion. While Loblaw Cos may have average scores in terms of value, dividend, and resilience, its focus on growth and ability to maintain momentum demonstrate its competitiveness and potential for future success.

Loblaw Companies Limited, a prominent player in the Canadian retail and wholesale food distribution sector, is characterized by a widespread network of company and franchisee operated stores, warehouses, and cash and carry outlets. With its growth and momentum scores standing out at 4, Loblaw Cos is showing signs of resilience and potential for further development in the industry. While there may be room for improvement in areas such as value and dividends, the company’s overall outlook, as per the Smartkarma Smart Scores, seems promising for long-term investors.


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

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

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

Central Retail Corp Ltd (CRC) Earnings: 3rd Quarter Net Income Hits 2.13B Baht with EPS at 0.35 Baht

By | Earnings Alerts
“`html

  • Central Retail reported a net income of 2.13 billion baht for the third quarter of the year.
  • Earnings per share (EPS) for this period was 0.35 baht.
  • The company has a strong investor confidence with 22 buy recommendations.
  • There is 1 hold recommendation from analysts.
  • Only 1 analyst has given a sell recommendation for Central Retail.

“`


A look at Central Retail Corp Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
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

In analyzing the Smartkarma Smart Scores for Central Retail Corp Ltd, the company shows a strong potential for growth with a high score of 5 in this category. This indicates that Central Retail is well-positioned to expand and increase its market share in the future. Additionally, the company demonstrates positive momentum with a score of 4, suggesting that it is gaining traction and moving in a favorable direction. However, Central Retail’s scores in value, dividend, and resilience are more moderate, indicating room for improvement in these areas.

Central Retail Corp Ltd operates general merchandise stores in Thailand, offering a wide range of products including electronics, sports goods, stationery, home improvement items, and office supplies. While the company has a strong focus on growth and has shown favorable momentum, there may be opportunities to enhance its value, dividend payouts, and resilience strategies to further solidify its long-term prospects in the market.


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

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

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

Hudbay Minerals (HBM) Surpasses Earnings Expectations with Strong 3Q Results

By | Earnings Alerts
  • Hudbay Minerals reported a third-quarter adjusted earnings per share (EPS) of 13 cents, surpassing estimates of 4.6 cents and improving from 7.0 cents year-over-year (y/y).
  • The unadjusted EPS stood at 13 cents, matching the year-over-year figure and significantly exceeding the estimated 4.4 cents.
  • Revenue reached $485.8 million, marking a 1.1% increase y/y and exceeding the forecast of $457.4 million.
  • Gold production was 89,073 ounces, a 12% decrease y/y but remarkably above the estimate of 66,237 ounces.
  • Silver production was 985,569 ounces, down 7.3% y/y yet higher than the expected 928,733 ounces.
  • Zinc production reached 8,069 tonnes, declining by 22% y/y but still slightly outpacing the estimate of 7,962 tonnes.
  • Copper production was 31,354 tonnes, a 25% decrease y/y, closely aligning with the estimate of 31,035 tonnes.
  • Adjusted EBITDA was $206.2 million, up 8.1% y/y and surpassing the forecast of $173.4 million.
  • Analyst recommendations included 15 buys, with no holds or sells.

A look at Hudbay Minerals Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth4
Resilience2
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, Hudbay Minerals is positioned well for long-term growth and value appreciation. With strong scores in Value and Growth factors, the company shows promise in terms of its financial health and potential for increasing its market worth over time. This indicates that investors may find Hudbay Minerals to be an attractive option for long-term investment. However, the company’s scores in Dividend and Resilience factors are slightly lower, suggesting a moderate level of dividend payouts and resilience to market volatility.

Overall, Hudbay Minerals Inc., a mining company operating in the Americas, presents a compelling opportunity for investors looking for growth potential and value in their portfolios. While the company may not offer high dividend returns or be immune to economic downturns, its strong performance in Value and Growth factors signals a positive long-term outlook, making it a company worth considering for those seeking to capitalize on the mining industry’s potential.


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

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

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