Category

Earnings Alerts

Legrand SA (LR) Earnings: Adjusted Operating Margin Misses Quarterly Estimates, Revenues and Net Income Deepen

By | Earnings Alerts
  • Legrand’s adjusted operating margin for the first quarter was 20.5%, missing the year-over-year estimate of 20.8%.
  • Organic revenue decreased by 5.4% compared to the estimated decrease of 3.65%.
  • Organic revenue in Europe decreased by 4.7%.
  • The North and Central America markets experienced a 6% organic revenue decrease.
  • Rest of the world markets saw a 5.8% decrease in organic revenue.
  • Adjusted operating profit was at EU415.9 million, a 13% decrease year-over-year, compared to the estimated EU424.7 million.
  • The company’s revenue was EU2.03 billion, a decrease of 5.6% year-over-year, with the estimate at EU2.06 billion.
  • Net income reached EU275.9 million, down by 17% year-over-year, missing the estimate of EU288.6 million.
  • Free cash flow was EU146.1 million, showing a year-over-year decrease of 56%, compared to the estimation of EU302.7 million.
  • For the year forecast, Legrand still aims for an adjusted operating margin of between 20% and 20.8%, with an estimate at 20.5%.
  • The group confirms full-year targets.
  • Legrand plans to acquire a minority stake in UIOT, a Chinese company specializing in wireless IoT smart-home solutions.

A look at Legrand SA Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
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

Legrand SA, a company specializing in electrical installation and information network products, shows a promising long-term outlook based on its Smartkarma Smart Scores. With strong scores in Growth and Momentum, indicating positive trends in company expansion and market performance, Legrand SA is positioned for future success. Additionally, its above-average scores in Dividend and Resilience suggest a stable financial standing and ability to withstand market challenges.

Overall, Legrand SA‘s Smart Scores paint a picture of a company with growth potential, financial stability, and a solid market presence. As a leader in products for residential, commercial, and industrial purposes, Legrand SA seems well-positioned to capitalize on opportunities in the evolving electrical and information networks sector.


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

By | Earnings Alerts
  • Danske Bank’s Common Equity Tier 1 ratio for the first quarter surpasses estimates, standing at 18.5% compared to the estimated 18.4%.
  • Impairments for the same quarter were significantly lower than expected, at DKK101 million, versus an estimate of DKK189.7 million.
  • The bank’s 2024 outlook suggests net profits are projected to stay within the DKK 20-22 billion range.
  • The first quarter of 2024 experienced high macroeconomic uncertainty, largely due to the geopolitcal landscape.
  • The result of this period is a 4% increase in total income. Furthermore, ongoing transformation and efficiency measures resulted in a 4% decrease in costs from the previous quarter.
  • The cost/income ratio improved, dropping to 45% in light of decreased costs and increased total income.
  • Overall, the bank’s income rose, due in part to notable customer activity across all its business operations. This, along with their diligent focus on efficiency, allowed costs to be kept minimal.
  • Strong credit quality led to a modest level of loan impairments.
  • Danske Bank’s performance overview includes 15 buys, 5 holds and 3 sells.

A look at Danske Bank A/S Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE4.2

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

Based on Smartkarma Smart Scores, Danske Bank A/S is positioned favorably for long-term success. With top scores in Value, Dividend, and Growth factors, the company is seen as strong in terms of its financial health, shareholder returns, and potential for expansion. However, there are some concerns regarding Resilience and Momentum, indicating areas where the company may face challenges or where improvements could be made.

Danske Bank A/S, a Danish banking group consisting of various subsidiaries, offers a range of financial services to private customers, corporations, and institutions globally. With a solid foundation in banking, insurance, mortgage, and asset management, the company is well-positioned to continue its growth and profitability, supported by its high scores in key areas according to the Smartkarma Smart Scores evaluation.


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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Daimler Truck Holding (DTG) 1Q Earnings Exceed Expectations: A Detailed Overview of Adjusted EBIT and Revenue Performance

By | Earnings Alerts
  • Daimler Truck’s 1Q adjusted EBIT has exceeded the forecasts, reaching EU1.21 billion against the projected figure of EU1.18 billion.
  • The adjusted EBIT for Trucks North America also surpassed the estimated value, with EU724 million compared to the predicted EU689.7 million.
  • Mercedes-Benz consolidated its predictions, finishing with an adjusted EBIT of EU421 million, close to the anticipated EU421.7 million.
  • Trucks Asia adjusted EBIT was EU49 million, slightly below the expected EU53.3 million.
  • Daimler Buses division performed well, reaching an adjusted EBIT of EU59 million.
  • The total revenue was EU13.26 billion, which is notably higher than the forecasted figure of EU12.72 billion.
  • Trucks North America revenue was EU5.81 billion, almost similar to the estimated EU5.82 billion.
  • Mercedes-Benz revenue increased to EU4.83 billion, surpassing the estimate of EU4.67 billion.
  • The revenue for Trucks Asia was EU1.51 billion, short of the predicted EU1.56 billion.
  • Daimler Buses revenue boosted to EU1.18 billion, exceeding the anticipated EU1.01 billion.
  • The company reaffirmed their full year guidance as previously revealed in March.
  • Despite facing decreased sales volumes, the company had a strong start to 2024 due to robust profitability.
  • Despite being on target towards the financial objectives for the year, there is a warning of increasing headwinds in Europe as stated by CEO Martin Daum.

A look at Daimler Truck Holding Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience2
Momentum5
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

Based on the Smartkarma Smart Scores, Daimler Truck Holding shows a promising long-term outlook. With a strong Growth score of 5 and Momentum score of 5, the company is poised for expansion and market performance. Additionally, the Dividend score of 4 indicates a potential for good returns to shareholders. Despite a slightly lower Resilience score of 2, Daimler Truck Holding’s overall outlook appears positive, especially with these high scores in key areas driving its future prospects.

Daimler Truck Holding AG, known for designing and manufacturing commercial trucks and buses, operates globally, catering to a wide range of customers. With its solid Growth and Momentum scores, as well as a respectable Dividend score, Daimler Truck Holding seems positioned for growth and shareholder value in the long run. While its Resilience score is not as high, the company’s core strengths in growth and momentum could be key factors in its future success.


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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Credit Agricole Sa (ACA) Earnings Surpass Estimates with 55% Jump in Net Income

By | Earnings Alerts
  • Credit Agricole’s net income for the first quarter of the year was EU1.90 billion, marking a 55% year-on-year increase that exceeded the EU1.5 billion estimates.
  • The income from Large Customers surged by 92% year-on-year, hitting EU722 million and surpassing the estimate of EU482.5 million.
  • Asset Gathering income rose by 2.6% year-on-year to EU716 million, slightly above estimated EU652.5 million.
  • Specialised Financial Services noted a 12% year-on-year increase in net income to EU142 million, albeit falling short of the EU168.6 million estimate.
  • French Retail Banking net income rose 15% year-on-year to EU173 million, but failed to meet the EU193.1 million estimate.
  • International Retail Banking net income was EU257 million, marking a 44% year-on-year increase that exceeded the EU174 million estimates.
  • Overall company revenue was EU6.81 billion, reflecting an 11% year-on-year increase and surpassing the EU6.46 billion estimate.
  • Operating expenses decreased by 4.5% year-on-year to EU3.67 billion, beating the EU3.73 billion estimates.
  • The provision for loan losses was EU400 million, indicating a 7% year-on-year rise but lower than the EU509.4 million estimate.
  • The CET1 ratio was 11.8%, surpassing the estimate of 11.6% for the period.
  • Additionally, the cost-to-income ratio excluding SRF declined slightly to 53.9% from 54.4% the previous year.
  • Credit Agricole noted that the earnings outlook for 2024 is one year ahead of 2025 medium-term ambitions, with underlying net income group share predicted to exceed EU6 billion in 2024.

A look at Credit Agricole Sa Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.2

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

Analysts at Smartkarma have assigned Credit Agricole S.A. positive scores across various key factors, indicating a generally optimistic long-term outlook for the company. With top scores in both the Value and Dividend categories, Credit Agricole S.A. demonstrates strong financial fundamentals and a commitment to rewarding shareholders through dividends. Moreover, a solid Growth score suggests potential for expansion and development in the future. However, a lower Resilience score may point towards some vulnerabilities that the company needs to address to enhance its stability. Nonetheless, a high Momentum score indicates strong positive market sentiment and performance.

Credit Agricole S.A. serves a crucial role as the lead bank of the Credit Agricole Group, overseeing strategic operations, ensuring financial strength, and managing specialized financial products. The company’s collaborative approach with its subsidiaries, particularly the Caisses Regionales, illustrates a cohesive and effective business model. With a balanced mix of high-value, dividend payout, growth potential, and market momentum, Credit Agricole S.A. is poised to navigate the evolving financial landscape and capitalize on future 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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Societe Generale Sa’s (GLE) Earnings Exceed Expectations: A Comprehensive Analysis of 1Q Net Income and other Assessments

By | Earnings Alerts
  • Net income for SocGen in 1Q was EU680 million, beating estimates of EU556 million though it represented a 22% year-over-year decrease.
  • Net banking income was EU6.65 billion, slightly down by 0.4% year-over-year, but higher than the estimated EU6.51 billion.
  • Global Banking & Investor Solutions saw a net banking income of EU2.62 billion, 5.1% less year-over-year, but above the estimated EU2.57 billion.
  • Global markets and investor services brought in revenue of EU1.76 billion, exceeding the expected EU1.73 billion.
  • FIC sales and trading revenue was down by 17% year-over-year at EU733 million, slightly under the estimated EU735.1 million.
  • Equities revenue rose by 3.1% year-over-year to EU870 million, beating the estimated EU842.9 million.
  • Security services reveue fell short of expected EU180.2 million, at EU161 million.
  • Financing and advisory revenue topped estimates at EU859 million, above the expected EU842.5 million.
  • France retail, private banking, and insurance net banking income was EU2.01 billion, down 3.5% year-over-year, matching the estimated figure.
  • International retail, mobility, and leasing services net banking income rose by 3.9% year-over-year to EU2.15 billion, outpacing the estimate of EU1.98 billion.
  • Operating expenses totalled EU4.98 billion, 1.5% less year-over-year, and less than the estimated EU5.05 billion.
  • Operating income stood at EU1.27 billion, down 12% year-over-year, but more than expected estimate of EU1.1 billion.
  • Provision for loan losses reached EU400 million, up from EU182 million year-over-year, and higher than the estimated EU377.3 million.
  • CET1 ratio fully-loaded came in at 13.2%, above the estimated 13%.
  • SocGen reduced its offshore exposure to Russia to around EU0.7 billion, down from EU0.9 billion at the end of 2023 (a decrease by 22%).
  • The integration of LeasePlan is on schedule, it generated revenue synergies worth EU20 million during the quarter, and SocGen is on track for their EU120 million target in 2024.

A look at Societe Generale Sa Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth2
Resilience2
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

Societe Generale SA seems to be in a strong position for the long term, as indicated by its Smartkarma Smart Scores. With high scores in Value and Dividend factors, the company appears to be financially sound and potentially offering good returns to investors. Although the Growth and Resilience scores are not as high, the company’s Momentum score suggests positive market sentiment and potential for future growth.

Overall, Societe Generale SA, a bank that offers a wide range of banking services including consumer credit, insurance, and financing, seems well-positioned for stability and profitability. The combination of high Value and Dividend scores, along with a decent Momentum score, indicates that the company may be a solid choice for investors looking for reliable returns 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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Surpassing Expectations: Naver Corp (035420) Earnings Beat Estimates in 1Q Operating Profit

By | Earnings Alerts
  • Naver reported an operating profit of 439.3 billion won, surpassing the estimated 394.19 billion won.
  • The Net profit stood at 510.6 billion won, considerably outperforming the estimated 290.24 billion won.
  • The company’s sales reached 2.53 trillion won, slightly more than the estimated 2.51 trillion won.
  • There are currently 33 buy ratings, 3 hold ratings and 1 sell rating for Naver.

Naver Corp on Smartkarma

Analysts on Smartkarma, such as Douglas Kim, are closely monitoring Naver Corp‘s moves as they aim to complete the IPO of their affiliate, Webtoon Entertainment, in the US stock market. With an expected value of US$3 billion to US$4 billion, Webtoon Entertainment is anticipated to raise about US$500 million in this upcoming IPO. This development is projected to have a positive impact on Naver Corp‘s standing in the market, with many analysts leaning towards a bullish sentiment based on the potential outcomes.


A look at Naver Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience4
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

Analysts utilising the Smartkarma Smart Scores for Naver Corp have evaluated the company’s various aspects to assess its long-term outlook. With a mixed score across different factors, Naver Corp is seen as having solid resilience and value, indicating a stable foundation and reasonable pricing. The company’s growth prospects are also perceived positively, albeit not as strongly. However, Naver Corp‘s dividend and momentum scores suggest room for improvement, possibly signaling areas where the company could focus on enhancing shareholder returns and market performance in the future.

Overall, Naver Corp is a prominent player in the internet industry, providing a wide range of services including search engines, online gaming, and content development. Additionally, the company offers marketing services through various advertising mediums. While displaying resilience and value, as highlighted by the Smart Scores, Naver Corp may look to further strengthen its dividend payouts and momentum to potentially enhance its overall performance and attractiveness to investors 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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AES Corp (AES) Earnings Report: 1Q Ebitda Falls but Net Income Rises Sharply Year on Year

By | Earnings Alerts
  • AES Andes 1Q EBITDA reported at $164.0M, indicating a decrease of 3.1% compared to the same period last year.
  • Net income stands at $63.3 million, displaying a massive jump of 95% compared to last year’s first quarter.
  • Revenue procured amounts to $599.3 million, revealing a 14% year on year slump.
  • No buys, holds or sells reported, implying potential stability or stagnation in the company’s marketplace performance.

A look at Aes Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience2
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

Analysts at Smartkarma have provided insights into the long-term outlook for AES Corp based on their Smart Scores. With a solid score of 5 for Growth and 4 for Momentum, the company seems poised for strong future expansion and market performance. This indicates a positive trajectory in terms of the company’s potential growth opportunities and its ability to maintain its current momentum in the market.

Additionally, AES Corp received a score of 4 for Dividend, signaling a favorable outlook for investors seeking stable dividend yields. While the Value and Resilience scores are at 2, suggesting some room for improvement in these areas, the overall outlook based on the Smart Scores indicates a promising future for AES Corp in the energy sector.

Summary: The AES Corporation is actively involved in acquiring, developing, and operating generation plants and distribution businesses worldwide. With a focus on long-term contracts and regulated utility services, AES also engages in coal mining, desalination processes, and the exploration of alternative energy sources.


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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Macquarie Group (MQG) Earnings: FY Net Income Misses Estimates – Analysis and Market Response

By | Earnings Alerts
  • Macquarie Group‘s net income for the financial year was reported to be A$3.52 billion.
  • This figure missed the estimated projection of A$3.65 billion.
  • The company declared a final dividend per share of A$3.85.
  • On market consensus, it received 7 ‘buy’ recommendations, 7 ‘hold’ recommendations, and 1 ‘sell’ recommendation.

A look at Macquarie Group Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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

Macquarie Group Ltd., known for its diverse range of financial services, is poised for a positive long-term outlook based on its Smartkarma Smart Scores. With a solid growth score of 4 and robust momentum score of 4, the company shows promising signs of expansion and market performance. Additionally, a value score of 3 signifies a reasonable valuation, while a dividend score of 3 reflects stable returns to investors. However, Macquarie Group may face challenges in terms of resilience, with a score of 2 in this aspect. Overall, the company’s strong growth and momentum indicators suggest a favorable outlook in the long run.

Macquarie Group Ltd. is a key player in the banking and financial services sector, offering a wide array of services including financial advisory, investment management, and funds management. With a focus on financial advice, wealth management, and securities brokerage, the company caters to various client needs. Moreover, its involvement in corporate debt financing, real estate funds management, and investment funds management showcases its diverse capabilities. While demonstrating strength in growth and momentum, Macquarie Group‘s overall outlook, supported by its Smartkarma Smart Scores, appears optimistic for the future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Alliant Energy (LNT) 1Q Earnings Meet Estimates; Maintains Optimistic EPS Forecast for 2024

By | Earnings Alerts
  • Alliant Energy‘s Q1 recorded revenue was $1.03 billion, marking a 4.3% decrease year-over-year, matching the estimate of $1.04 billion.
  • Non-Utility revenue remained constant at $22 million year-over-year.
  • Electric Utility revenue saw an increase of 3% year-over-year, netting $791 million.
  • There was a significant 18% increase year-over-year in Other Utility revenue which resulted in $13 million.
  • Gas Utility revenue dropped significantly by 26% year-over-year to $205 million.
  • Earnings Per Share (EPS) was recorded at 62 cents, compared to 65 cents in the same period last year.
  • Alliant Energy has restated the expected EPS for 2024 to be in the range of $2.99 to $3.13, matching the estimated value of $3.06.
  • The feedback from the market on Alliant is mixed but mostly neutral, with 5 buys and 8 holds, and no sells reported.

A look at Alliant Energy Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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

Analysts using Smartkarma Smart Scores have assessed Alliant Energy Corporation’s long-term outlook based on key factors. With a solid score of 4 for Dividend and Momentum, the company is viewed favorably for its consistent dividend payouts and positive price momentum. This suggests a promising path for investors looking for stable returns and potential growth opportunities.

However, Alliant Energy‘s scores for Value, Growth, and Resilience are slightly lower, indicating room for improvement in these areas. The company operates as a public-utility service provider in the Midwest, offering electric, natural gas, and water services to customers in several states. Despite some areas for growth, the overall outlook for Alliant Energy remains positive, especially for investors seeking steady dividends and market momentum.


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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AES Corp (AES) Earnings: Q1 Adjusted EPS Surpasses Estimates, Projecting Steady Annual Growth Through 2027

By | Earnings Alerts

• AES Corp 1Q Adjusted EPS (Earnings Per Share) beat estimates with 50c vs the expected 22c y/y

• The Company’s revenue stood at $3.09 billion, representing a decrease of 4.8% y/y, which was slightly lower than the estimated $3.17 billion

• Capital expenditure increased by 38% y/y to $2.15 billion, significantly higher than the average estimate of $1.32 billion

• The Company reaffirms its expectation for annualized growth in Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of 5-7% through 2027 from its 2023 guidance of $2.6-$2.9 billion

• Projections for the 2024 Adjusted EBITDA with Tax Attributes are placed at $3.55-$3.95 billion, this growth is expected to be driven by new renewables

• Reaffirmation of the annualized growth target for Adjusted EPS of 7-9% through 2025, based on the year 2020

• The Company also sticks to its annualized growth target for Adjusted EPS of 7-9% through 2027 based on its 2023 guidance of $1.65-$1.75

• There are currently 10 buys, 4 holds, and 0 sells for AES Corp stock


A look at Aes Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience2
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

Based on the Smartkarma Smart Scores, Aes Corp is positioned for a positive long-term outlook. With a high score in Growth and Dividend, the company shows promising signs of expansion and profitability. This indicates strong potential for continued development and stable dividends for investors. Although scoring lower in Value and Resilience, the company’s momentum score is solid, suggesting a favorable market traction and performance.

The AES Corporation, a global entity with a diverse portfolio ranging from generation plants to alternative energy sources, presents a robust profile for investors. With a focus on providing electricity through long-term contracts and regulated utility services, the company also engages in coal mining and environmental initiatives such as water treatment. The high scores in Growth and Dividend indicate a promising future for Aes Corp, highlighting its potential for sustained growth and shareholder returns 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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