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Earnings Alerts

Akamai Technologies (AKAM) Earnings Fall Short: 2Q Adjusted EPS Forecast Misses Estimates

By | Earnings Alerts
  • Akamai’s 2Q adjusted EPS forecast falls short of estimates, predicting $1.51 to $1.56 instead of the estimated $1.63.
  • Foreseen revenue for 2Q also misses estimates, totaling at $967 million to $986 million, below the estimated $996.7 million.
  • Adjusted operating margin for 2Q is speculated to be around 28% to 29%, lower than the estimated 29.6%.
  • Reviews for the full year foresee adjusted EPS falling between $6.20 to $6.40, less than the $6.73 that was initially estimated.
  • The estimated revenue prediction for the year similarly falls short, with $3.95 billion to $4.02 billion compared to the estimated $4.08 billion.
  • Yearly adjusted operating margin estimates are at 28% to 29%, less than the previously assumed 30% to 30% and estimated 30%.
  • 1Q results show a revenue of $987.0 million, marking a 7.8% yearly increase.
  • Security revenue rose 21% yearly to $490.7 million, surpassing the estimate of $478.8 million.
  • Delivery revenue fell 11% yearly to $351.8 million, less than the estimated $371.4 million.
  • The compute revenue yielded a 25% yearly increase to $144.5 million, higher than the $139.3 million estimate.
  • Adjusted EPS for the first quarter was $1.64, more than the $1.40 figure from the year before, beating the $1.61 estimate.
  • The updated full-year guidance for 2024 reflects impacts from the strengthening U.S. dollar, cost optimization from a large social media customer, and the slowing industry traffic growth.
  • Akamai shares fell 9.1% in post-market trading to $93.15.

Akamai Technologies on Smartkarma

Analyst Coverage of Akamai Technologies on Smartkarma

Analysts on Smartkarma, such as Baptista Research, have been closely following Akamai Technologies. In their report titled “Akamai Technologies – Can The Strong Potential in AI Inferencing Services Catalyze Revenue Growth? – Major Drivers,” they highlighted the company’s robust Q4 2023 results. Akamai reported reaching an impressive revenue of $995 million with a non-GAAP operating margin of 30%. The steady progress was evident with a 23% year-over-year increase in non-GAAP earnings per share. This positive outlook suggests a bullish sentiment towards Akamai’s growth prospects.

In another report by Baptista Research named “Akamai Technologies Inc.: Paving the Way for a Safer,” analysts praised Akamai for exceeding revenue and earnings expectations. The company saw a surge in revenue to $965 million, marking a significant 9% year-over-year growth. The non-GAAP operating margin impressively stood at 31%, with non-GAAP earnings per share reaching $1.63, reflecting a remarkable 29% year-over-year increase. Noteworthy was Akamai’s security segment, which experienced a notable 20% year-over-year growth in Q3. These positive assessments indicate a bullish stance on Akamai’s performance and future potential.


A look at Akamai Technologies Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE2.4

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 Smartkarma Smart Scores, Akamai Technologies has a mixed long-term outlook. While the company shows strength in areas like Value and Growth with scores of 3, it lags in Dividend and Resilience with scores of 1 and 2 respectively. Momentum, with a score of 3, indicates a moderate performance in this aspect. Akamai Technologies, Inc. specializes in enhancing Internet content and application delivery, offering a range of services from streaming video to e-commerce tools.

Overall, the Smart Scores suggest that although Akamai Technologies has solid value and growth prospects, investors may need to pay attention to its dividend payout and resilience factors. With a balanced momentum score, the company may have room for improvement in maintaining its growth trajectory over 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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Earnings Update: Trex Company (TREX) Surpasses 1Q Estimates with Remarkable Sales and Ebitda Growth

By | Earnings Alerts
  • Net sales of Trex for the first quarter came out as $373.6 million, showing an increase of 57% year on year, exceeding the estimated $367.3 million.
  • Earnings before interest, taxes, depreciation, and amortization (EBITDA) were $133.2 million, up by 93% as compared to last year, and stood above the estimated $118.7 million.
  • Earnings per share (EPS) were flagged at 82 cents, more than double from 38 cents year on year.
  • EBITDA margin for Trex was 35.6%, which was significantly higher than the estimated 32.1%.
  • The majority of analysts recommended buying or holding Trex stock with specific counts of 9 buys, 10 holds, and one sell.

Trex Company on Smartkarma

Analysts on Smartkarma, such as Baptista Research, have been closely covering Trex Company, a prominent outdoor living products manufacturer. According to Baptista Research, Trex Company reported robust performance in 2023, exceeding revenue expectations due to mid-single-digit channel growth and innovative new products that showcased the strength of the Trex brand. The firm’s expansion into new product categories and complementary adjacencies in the fourth quarter further underlined its growth potential.

Baptista Research also highlighted Trex Company‘s positive trajectory driven by new product launches and strategic marketing investments. The company’s ability to outshine competitors in the railing market with products like the Trex Select T-Rail system, which offers superior aesthetics and performance compared to traditional vinyl alternatives, has been a major driver for its success. Analyst sentiment leans bullish, reflecting optimism about Trex Company‘s growth prospects and market positioning.


A look at Trex Company Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE2.8

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

Analysts at Smartkarma have assessed Trex Company‘s overall outlook using Smart Scores, which provide a comprehensive view of the company across key factors. With a high score of 4 in Growth and Momentum, Trex Company is positioned for long-term expansion and market performance. The company’s innovative non-wood decking alternative products seem to be attracting interest and gaining momentum in the market, reflecting positively on its potential future growth.

However, the lower scores of 2 in Value and 1 in Dividend indicate that investors may need to carefully consider the company’s valuation and dividend payout policy. With a Resilience score of 3, Trex Company shows a decent ability to weather economic uncertainties and market volatility. Overall, while there are areas for consideration, the strong growth and momentum scores suggest a promising long-term outlook for Trex Company.


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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EDP – Energias de Portugal SA Reports Impressive 1Q Earnings: Net Income Surpasses Estimates by 17%

By | Earnings Alerts
  • EDP reported a net income for the first quarter (1Q) at EU 354 million, which is a 17% increase year-over-year (y/y).
  • The resultant figure surpassed estimates which stood at EU 321.5 million.
  • The company’s net debt has reached EU 15.9 billion.
  • EBITDA (earnings before interest, taxes, depreciation, and amortization) decreased by 5.2% y/y, standing at EU 1.34 billion.
  • The company’s EBIT (earnings before interest and taxes), likewise, decreased by 7.9% y/y to hit EU 912 million.
  • EDP noted that its recurring net profit for 1Q surged by 20% y/y.
  • This success is attributed to the growing contribution of electricity networks in Brazil and the buyout of EDP Brasil minorities.
  • EDP experienced a 9% drop in net financial costs due to a lowered cost of debt.
  • However, owing to this decrease, the company saw a rise in net debt to EU 15.9b from EU 15.3b in December.
  • In North America, the company registered gains of EU 58 million from asset rotation.
  • With regards to the company’s stock rating, there are 21 buys, 3 holds, and 0 sells.

A look at EDP – Energias de Portugal SA Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
Momentum2
OVERALL SMART SCORE2.8

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

EDP – Energias de Portugal SA has a mixed long-term outlook based on Smartkarma Smart Scores. While the company scores well in Dividend, indicating a strong dividend payout to investors, its Value score is in the middle range, suggesting that the stock might not be undervalued. Growth and Resilience scores are also moderate, reflecting a steady but not exceptional performance in these areas. Momentum is relatively low, indicating a lack of positive market momentum. Overall, the company shows strength in dividend payments but may face challenges in terms of value and resilience in the long term.

EDP – Energias de Portugal SA is a key player in the electricity and gas sectors in Portugal and Spain, with operations also extending to Brazil, France, and Belgium. The company is engaged in various aspects of the energy industry, including generation, distribution, and supply, as well as wind power promotion and operations. With a diverse geographic footprint and involvement in multiple segments of the energy market, EDP is positioned as a significant player in the European energy landscape, albeit with some areas for potential improvement highlighted by the 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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1Q Dino Polska SA (DNP) Earnings Meet Estimates with Strong 20% Revenue Increase

By | Earnings Alerts
  • Dino Polska 1Q Ebitda at 492.1 million zloty showed a rise of 7.4% compared to the prior year, closely meeting the estimated value of 496.7 million zloty.
  • Net income recorded at 295.2 million zloty, up 9.1% year on year, slightly short of the forecasted 297.8 million zloty.
  • Revenue saw a significant jump of 20%, registering at 6.67 billion zloty, surpassing the initial estimate of 6.45 billion zloty.
  • Ebit reported at 397.5 million zloty, a 5.8% increase year on year, fell short of the estimated 401.2 million zloty.
  • Ebitda margin for this quarter stood at 7.4%, down from last year’s 8.26%, missing the estimate of 7.65%
  • Like-for-like sales surged by 11.9%, a decrease from the previous year’s 27.2% but more than the projected 6.64%.
  • The decline in Ebitda margin has been attributed to increased price competition in the Polish food retail sector. The company has had to introduce attractive pricing at its stores leading up to Easter.
  • Current stand of recommendations are 7 buys, 7 holds, and 4 sells.

A look at Dino Polska SA Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience3
Momentum2
OVERALL SMART SCORE2.4

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

According to Smartkarma Smart Scores, Dino Polska SA shows a promising long-term outlook. With a strong Growth score of 4, the company is positioned well for expansion and increasing market share. This indicates that Dino Polska is likely to experience solid growth in the future. Additionally, the company’s Resilience score of 3 suggests that it has the ability to weather challenging economic conditions and maintain stability. This resilience factor adds to the attractiveness of Dino Polska as a potential investment option.

While Dino Polska’s overall outlook looks positive, the company’s Dividend score of 1 indicates that it may not be a strong option for investors seeking regular income through dividends. Furthermore, the Value and Momentum scores of 2 each suggest that Dino Polska may not be currently undervalued and might not be experiencing significant upward momentum. Overall, with its focus on medium-sized proximity supermarkets in residential areas offering a variety of products, Dino Polska SA seems poised for growth and resilience 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.
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Enel SpA (ENEL) Earnings Reports 1Q Revenue Shortfall; Beats Adjusted Ebitda and Net Income Estimates

By | Earnings Alerts
  • Enel reported 1Q revenue of EU19.43 billion, which fell short of the estimated EU24.96 billion.
  • The company’s adjusted Ebitda was EU6.09 billion, surpassing the estimate of EU5.78 billion.
  • Adjusted net income registered at EU2.18 billion, exceeding the estimated EU1.79 billion.
  • Capital expenditure for the period amounted to EU2.59 billion.
  • Enel’s net debt totalled EU60.70 billion, slightly over the estimated EU60.67 billion.
  • Their current investor sentiment is positive, with 22 purchase recommendations, five holds, and no sell recommendations.

A look at Enel SpA Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience2
Momentum3
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

Enel SpA, a multinational power company operating in Europe and Latin America, has received a mixed bag of Smartkarma Smart Scores. While the company excels in its dividend payouts with a top score of 5, its value and growth prospects fall in the mid-range with scores of 3 each. Enel’s resilience score, indicating its ability to withstand challenges, is moderate at 2. Momentum, reflecting the company’s recent performance trends, also stands at a moderate 3. This suggests that Enel SpA offers a strong dividend yield but may face challenges in terms of value and growth potential, while exhibiting stable momentum.

Enel SpA, a major player in the electricity and gas sectors, is known for its focus on both conventional and renewable energy sources. With operations spanning from energy generation to distribution, the company also provides integrated solutions for electricity and gas products. Despite varying Smartkarma Smart Scores across different factors, Enel SpA continues to be a key player in the energy industry, leveraging its diverse portfolio and strategic positioning in Europe and Latin America.


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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Abbott India (BOOT) Earnings Outshine Estimates with 24% Annual Increase in 4Q Net Income

By | Earnings Alerts
  • Abbott India‘s 4Q net income surpassed expectations, standing at 2.87 billion rupees, a steady rise of 24% year on year (y/y).
  • Revenue for the company came up to 14.4 billion rupees, marking a 7.5% y/y increase. However, this figure slightly missed the estimated 14.76 billion rupees.
  • Also noteworthy is the total cost increase of 4.6% y/y, amounting to 11.3 billion rupees.
  • Investors will be happy to see a dividend per share of 410 rupees.
  • Analysts’ opinions on Abbott India show that there are 6 buys, 1 hold and 1 sell recommendation.
  • It is important to note that these comparisons are based on the company’s original disclosures.

A look at Abbott India Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE3.6

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

Abbott India Limited, a renowned manufacturer of pharmaceutical and medical products, agrochemicals, and animal health products, showcases a promising long-term outlook based on a comprehensive analysis of its various aspects. With a sturdy resilience score of 5, the company demonstrates a high capability to endure challenging times and bounce back efficiently. Additionally, Abbott India scores impressively in the dividend category with a solid 4, indicating a reliable and consistent dividend payment history, which could attract long-term investors seeking stable returns.

Moreover, the company exhibits strong momentum with a score of 4, highlighting its ability to maintain its forward motion and potentially outperform the market. When it comes to growth prospects, Abbott India secures a score of 3, signifying a moderate but steady upward trajectory in expanding its business operations. While the value score of 2 suggests some room for improvement in terms of the company’s valuation relative to its peers, Abbott India‘s overall outlook remains positive, supported by its robust performance across key 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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ACWA Power’s Earnings Fall Short of Estimates: Insight Into The 1Q Results

By | Earnings Alerts
  • ACWA Power reported a 1Q profit of 296.2 million riyals, showing a rise of +9.8% than the previous year.

  • The estimated profit was missed, which was around 548 million riyals.

  • Revenue decreased by -6% from the prior year, amounting to 1.25 billion riyals, against an estimate of 2.17 billion riyals.

  • The operating profit stood at 401.2 million riyals, marking a decrease of -28% on a year over year basis.

  • EPS (Earnings Per Share) increased slightly, from 0.37 riyals in the last year to 0.41 riyals this year.

  • Lower development and construction management fees were cited as factors contributing to earnings, primarily due to fewer projects.

  • A notable decline in finance lease income was attributed to a forced outage at one of the plants in Morocco.

  • No acquisitions of the company’s shares were observed, but 2 holds and 4 sells were recorded.


A look at ACWA Power Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum5
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

ACWA Power, an international company specializing in water and power projects, displays a strong long-term outlook based on its Smartkarma Smart Scores. With a high Momentum score of 5, the company is showing significant strength in terms of market performance and investor interest. This indicates a positive trend in the company’s stock price that is likely to continue in the future. Moreover, with a Growth score of 4, ACWA Power is positioned for expansion and development, highlighting its potential for sustained growth in the coming years.

Despite receiving relatively lower scores in Value, Dividend, and Resilience, ACWA Power’s overall outlook remains promising due to its robust performance in key areas such as growth and momentum. As an industry player that provides utility services globally, the company’s strategic focus on seawater desalination and power generation projects positions it well for continued success and market relevance 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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BPCL Earnings Analysis: 4Q Net Income Falls Short of Estimates Amid Adjusted Revenue and Cost Figures

By | Earnings Alerts

• BPCL’s 4Q net income came in at 42.2 billion rupees, marking a 35% decrease year on year.

• The net income fell short of the estimated 53.42 billion rupees.

• Revenue totaled 1.32 trillion rupees, slightly down 0.8% year on year from the estimated 1.21 trillion rupees.

• Total costs remained the same as the last year’s at 1.25 trillion rupees.

• BPCL announced a dividend per share of 21 rupees.

• The company has set a plan to give one free share for every share held.

• June 22 has been set as the record date for the free share issue.

• The average gross refining margin for FY24 is recorded at $14.14 per barrel, which is a decrease compared to the $20.24 per barrel from the previous year.

• Currently, BPCL stock has 19 buys, 5 holds, and 9 sells.


A look at Bharat Petroleum Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
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

Based on the Smartkarma Smart Scores analysis, Bharat Petroleum Corp is positioned favorably for long-term growth and stability. With a strong emphasis on value, dividends, growth, and momentum, the company showcases a robust financial performance across various key factors. Bharat’s high scores in dividend and growth suggest a commitment to rewarding shareholders and a promising future trajectory in terms of expanding operations and revenue.

Although Bharat Petroleum Corp displays slightly lower resilience, its overall outlook remains positive due to the solid scores in crucial areas like momentum. The company’s strategic focus on value creation, consistent dividend payouts, and growth potential bode well for its sustained success in the competitive energy market.

### Bharat Petroleum Corporation Limited explores for and refines crude oil. The Company manufactures petroleum, petroleum products, lubricants, liquefied petroleum gas, aromatics like benzene and toluene, and other related products. Bharat has retail outlets throughout the country. ###


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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SMIC (981) 1Q Earnings: Net Income Misses Estimates Despite Revenue Outperforming Expectations

By | Earnings Alerts

• Semiconductor Manufacturing International Corporation (SMIC) reported a first-quarter net income of $71.8 million, falling short of the estimated $76.8 million.
• Generated revenue of $1.75 billion surpassed projected revenues of $1.69 billion.
• Factoring in the cost of production, gross margin landed at 13.7%, which is higher than the estimated 11.8%.
• Capital expenditure for the period was a considerable $2.24 billion.
• Research and Development (R&D) expenses were at $188.1 million, more than the anticipated cost of $183.3 million.
• The corporation received 14 buy ratings, neutrally rated by 9 entities, and received 5 sell ratings.


Semiconductor Manufacturing International Corp (SMIC) on Smartkarma

Analyst coverage of Semiconductor Manufacturing International Corp (SMIC) on Smartkarma showcases a mix of sentiments from various independent researchers. William Keating‘s report, “China Semi Foundry: Fierce Competition & Sluggish Rebound In Year Of The Dragon,” highlights SMIC’s Q423 performance and forecasts mid-single-digit growth for FY24 amidst fierce competition and GM pressure.

On the other hand, Patrick Liao‘s analysis, “SMIC (981.HK): The GM Reaches a New Low of 9-11% in 1Q24F, Despite Revenue Growing by 2% QoQ,” points towards a challenging outlook for 1Q24F with an expected decrease in GM despite revenue growth, anticipating a double U-shaped recovery in 2024F driven by mobile phones and smart homes. Scott Foster‘s “SMIC (SEHK: 00981; SSE Star Market: 688981): Back to Reality” report discusses the company’s recent results and the need for recovery amid operational challenges and market pressures.


A look at Semiconductor Manufacturing International Corp (SMIC) Smart Scores

FactorScoreMagnitude
Value5
Dividend1
Growth4
Resilience3
Momentum3
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

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Based on the Smartkarma Smart Scores assessment, Semiconductor Manufacturing International Corp (SMIC) shows a positive long-term outlook. With a strong Value score of 5, the company is deemed to have favorable intrinsic value relative to its stock price. This suggests potential for investors looking for undervalued opportunities. Additionally, SMIC scores high in Growth with a rating of 4, indicating promising growth prospects in the future. Coupled with a Resilience score of 3, the company demonstrates a moderate ability to withstand economic downturns or industry challenges.

However, it is important to note that SMIC has a lower Dividend score of 1, implying a weaker dividend-paying capacity. In terms of Momentum, the company received a score of 3, suggesting a neutral stance in terms of market momentum. Overall, Semiconductor Manufacturing International Corp presents an attractive investment opportunity based on its strong value and growth potential within the semiconductor industry.

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Summary: Semiconductor Manufacturing International Corporation operates a semiconductor foundry, providing integrated circuit foundry and technology services worldwide, including testing, development, design, manufacturing, packaging, and sale of integrated circuits.


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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Warner Music Group’s (WMG) Earnings Meet Expectations with a 6.8% y/y Growth in 2Q Revenue

By | Earnings Alerts
  • Warner Music’s second quarter revenue came in at $1.49 billion, marking a 6.8% increase year over year, meeting the estimate of $1.48 billion
  • The company’s recorded music revenue was $1.19 billion, a 4% increase from the previous year, slightly below the estimated $1.2 billion
  • On the other hand, Warner Music’s publishing revenue outperformed estimates, with $306 million marking a 19% annual increase against the estimate of $287.2 million
  • The EPS were 18c, a significant growth compared to 6.0c from the previous year
  • However, operating profit decreased by 4% year over year, landing at $119 million, below the estimate of $136.4 million
  • Similarly, the operating margin was 8%, a decrease from 8.9% the previous year, and under the 10.6% estimate
  • With regards to investor recommendations, there are 10 buys, 9 holds, and 1 sell for Warner Music

Warner Music Group on Smartkarma

Analyst coverage on Warner Music Group by Baptista Research on Smartkarma highlights the company’s strong Q1 earnings growth in both Recorded Music and Music Publishing segments. In the report titled “Warner Music Group: Are Its New Investments In Tech & AI Helping Them Become More Competitive? – Major Drivers,” the analysts point out the record high quarterly revenue generated by these divisions. Despite the positive performance, Warner Music Group aims to adapt to the evolving music industry landscape to maintain its competitive edge.


A look at Warner Music Group Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
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

Warner Music Group Corp., a music recording and publishing company, is poised for a promising long-term outlook based on a comprehensive analysis of its key factors. With high scores in Growth and Momentum, the company’s future prospects appear bright, indicating strong potential for expansion and positive market momentum. While Value and Resilience scores show some room for improvement, Warner Music Group’s solid Dividend score adds to its attractiveness for investors seeking steady income.

Overall, Warner Music Group’s strong performance in Growth and Momentum underscores its position for sustainable growth in the music industry. With a diverse range of services including music recording, merchandising, and artist management, the company is well-positioned to capitalize on global customer demand. While there are areas for enhancement, the company’s overall outlook remains positive, reflecting confidence in its ability to navigate market opportunities and challenges effectively.


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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