Category

Earnings Alerts

Cie De Saint-Gobain (SGO) Earnings: Quarterly Sales Miss Estimates With Variable Regional Performance

By | Earnings Alerts
  • Saint-Gobain’s like-for-like sales for 1Q were -5.8%, which missed the estimated -5.57%.
  • The Northern Europe like-for-like sales for the company plummeted to -11%, instead of the expected -9.27%.
  • In Southern Europe, Middle East, and Africa, the company’s Like-for-Like sales were down 10.1%, against the estimated -8.87%.
  • Contrastingly, in the Americas, the like-for-like sales jumped up to +5.9%, surpassing the forecast of +0.75%.
  • In the Asia-Pacific region, the like-for-like sales were slightly disappointing at +4.5%, below the estimated +5.7%.
  • High Performance like-for-like sales also saw a decline of -5.4%, against an estimated -1.33%.
  • Total Sales for the European Union came in at €11.36 billion, marking an 8.5% yearly decrease, slightly under the expected €11.4 billion.
  • Revenue for Northern Europe was at €2.78 billion which was a -21% decrease year over year, below the estimate of €2.85 billion.
  • Sales in Southern Europe, the Middle East and Africa revenues stood at €3.62 billion, which was -9.8% year over year, failing to reach the estimated €3.71 billion.
  • The Americas sales, however, showed growth recording €2.35 billion, which was +7.8% year over year, performing better than the projected €2.22 billion.
  • Sales in the Asia-Pacific region were €504 million, a growth of +2.6% year over year, slightly above the estimated €494.4 million.
  • High Performance Solutions sales saw a reduction coming in at €2.42 billion, down 5.3% year over year, under the estimated €2.49 billion.
  • As a comment, Saint-Gobain sees a FY double-digit operating margin.
  • The company expects some markets to remain difficult, particularly in 1H.
  • Last note includes that there were 18 buy recommendations, 3 holds and 1 sell recommendation for its stocks.

A look at Cie De Saint-Gobain Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
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

Based on the Smartkarma Smart Scores, Compagnie de Saint-Gobain shows a solid long-term outlook. With a Growth score of 4 and a Momentum score of 4, the company indicates promising potential for future expansion and positive market momentum. Additionally, scoring a 3 in both Value and Resilience, Saint-Gobain demonstrates a fair valuation and a resilient business model, which could provide stability during market fluctuations. The Dividend score of 3 suggests an average performance in terms of dividend payouts, offering investors a regular income stream.

Saint-Gobain, a manufacturer of glass products, high-performance materials, and construction materials, has a diverse product line that includes flat glass, insulation, ceramics, plastics, building materials, and more. With an overall positive outlook based on the Smartkarma Smart Scores, investors may find Compagnie de Saint-Gobain to be an attractive long-term investment option due to its growth potential, market momentum, fair valuation, and resilience in the face of economic challenges.


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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Exploring Talanx (TLX) Earnings: Preliminary 1Q Net Income Surges with High Year Forecast

By | Earnings Alerts
  • Talanx has reported a preliminary net income of EU572 million for Q1 2024
  • The company still sees its annual net income exceeding EU1.7 billion
  • Despite the positive outcome in the first quarter, the forecast for the full-year is maintained
  • There is increased confidence that the targeted group result can significantly exceed more than EUR 1.7 billion
  • This earnings target operates under assumptions including no large losses exceeding the large loss budget
  • The forecast also requires the capital markets to avoid major upheavals
  • The earnings target does not account for material currency fluctuations
  • Talanx currently holds two buy ratings, six hold ratings, and two sell ratings

A look at Talanx Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
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

Analysts using Smartkarma Smart Scores have given Talanx a positive overall outlook based on key factors. With above-average scores in Dividend, Growth, and Momentum, Talanx is positioned for long-term success. The company’s strong dividend and growth potential indicate stability and future profitability. Additionally, its momentum score suggests positive market sentiment and potential for continued growth. This bodes well for investors seeking a reliable and growing investment option.

Talanx, a holding company offering insurance and financial services globally, demonstrates resilience in the face of economic challenges, as reflected in its above-average Resilience score. This resilience, coupled with strong performance in key areas, positions Talanx as an attractive long-term investment opportunity. Investors looking for a company with a solid dividend, growth prospects, and market momentum may find Talanx to be a promising choice in the insurance 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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Decoding Vinci SA (DG) Earnings: Unveiling 1Q Revenue and Market Stance

By | Earnings Alerts
  • Vinci 1Q revenue reached EU15.73 billion.
  • Cobra IS revenue stood at EU1.61 billion.
  • Immobilier’s revenue amounted to EU248 million.
  • Order book totalled EU66.7 billion.
  • The company received 22 ‘buys’, 3 ‘holds’, and 2 ‘sells’.

A look at Vinci SA Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.8

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

When looking at the Smartkarma Smart Scores for Vinci SA, it is evident that the company has a positive long-term outlook. With a strong score in growth and momentum, Vinci SA is positioned well for future expansion and performance in the market. Additionally, a solid score in dividends highlights the company’s commitment to rewarding its shareholders. Although the value and resilience scores are not as high, Vinci SA‘s overall profile suggests a promising future ahead.

Vinci SA, a global leader in concessions and construction, excels in various engineering fields including building, civil, hydraulic, and electrical engineering. The company not only focuses on construction-related services but also engages in finance, management, operations, and maintenance of public infrastructure such as motorways, airports, and road and rail infrastructures. With a diversified portfolio and a strong presence in key sectors, Vinci SA is well-positioned to capitalize on growth opportunities and maintain its solid performance in the long term.


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

By | Earnings Alerts
  • Airbus’s adjusted Ebit for the 1st Quarter missed estimates, being EU577 million instead of the estimated EU815.9 million.
  • The Commercial airplanes adjusted Ebit was EU507 million, falling short of the estimated EU636.5 million.
  • Helicopters’ adjusted Ebit was EU71 million, lower than the estimated EU133.7 million.
  • Commercial Airplanes revenue surpassed estimates, at EU9.17 billion, as against an estimate of EU9.11 billion.
  • Defense & Space segment revenue was EU2.40 billion, surpassing the estimated EU2.32 billion.
  • In contrast, the Helicopters revenue fell short at EU1.46 billion, while it was estimated to be EU1.61 billion.
  • The number of Commercial aircraft deliveries was 142 planes, higher than the estimated 137.41.
  • The net income was EU595 million, slightly lower than the estimated EU644.7 million.
  • The EPS (Earnings Per Share) was EU0.76, instead of the estimated EU0.80.
  • There were more buyers than holders or sellers, with 20 buys, 5 holds and 1 sell.

A look at Airbus Group SE Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience5
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, Airbus Group SE shows strong long-term potential. With high scores in Growth, Resilience, and Momentum, the company stands out in terms of its future prospects. These scores indicate a positive outlook for the company’s expansion, ability to weather challenges, and overall market performance. While Value and Dividend scores are moderate, the high ratings in Growth, Resilience, and Momentum suggest that Airbus Group SE is well-positioned to capitalize on opportunities and maintain its competitive edge in the aerospace industry.

As a manufacturer of airplanes and military equipment, Airbus Group SE has a diverse product portfolio that includes commercial aircraft, military fighter aircraft, helicopters, missiles, satellites, and defense systems. Additionally, the company provides conversion and maintenance services for both military and commercial aircraft. With a strong emphasis on innovation and technology, Airbus Group SE‘s high scores in Growth, Resilience, and Momentum reflect its robust position in the market and potential for continued success 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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Accor SA (AC) Earnings Surprise: 1Q Revenue Surges Past Estimates with 8.5% YoY Increase

By | Earnings Alerts
  • Accor’s 1Q revenue exceeds projected estimates, garnering EU1.24 billion.
  • This marks an increase of 8.5% year on year (y/y).
  • The estimated value was lower at EU1.19 billion.
  • Like-for-like revenue also rose by 8%.
  • The revenue per available room (RevPAR) reached EU66, marking a 3.1% increase y/y.
  • There was a minor increase in occupancy, rising to 60.9% from last year’s 60.3%.
  • The average daily room rate also recorded an increase of 2.8% y/y, coming in at EU109.
  • Accor has confirmed their mid-term targets.

A look at Accor SA Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience3
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

Accor SA, a company that operates hotel chains globally and provides various services, has been assessed using Smartkarma Smart Scores. Looking at the scores provided, Accor SA seems to have a favorable long-term outlook. With a strong Growth score of 5, the company is positioned well for expansion and development. Additionally, its Momentum score of 4 suggests positive market performance and potential for continued growth.

Although Value, Dividend, and Resilience scores are moderate at 3, Accor SA‘s overall outlook appears positive. The company’s diverse range of hotel offerings, from budget to upscale, coupled with its services like human resources and marketing, indicate a robust business model. Investors may find Accor SA an attractive opportunity based on its growth potential and market momentum, despite some average scores in other 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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Analyzing Grupo Mexico Sab De Cv (GMEXICOB) Earnings: Sharp Decline in 1Q Ebitda, Yet Shares Rise

By | Earnings Alerts
  • Grupo Mexico’s first quarter (1Q) Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) was reported at $780.4 million.
  • This figure marks a decrease of 53% from the EBITDA reported in the same period last year.
  • The EBITDA margin was lower at 27.7% when compared to the margin of 54.6% posted the previous year.
  • Despite these figures, shares in the company saw a rise of 2.5% to MXN102.95.
  • The rise occurred on the trading of 1.71 million shares.
  • There are differing opinions on the investment with 5 buys, 9 holds, and 2 sells reported.

A look at Grupo Mexico Sab De Cv Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth2
Resilience4
Momentum5
OVERALL SMART SCORE3.6

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

Grupo Mexico Sab De Cv, a mining and transportation company, has received encouraging Smartkarma Smart Scores across various factors. With a strong momentum score of 5, Grupo Mexico is showing positive market performance and potential for growth. Its resilience score of 4 indicates the company’s ability to weather economic uncertainties, providing a stable foundation for long-term success. Additionally, the company has been rated highly in dividends, with a score of 4, showcasing its commitment to rewarding investors. Although the growth score is modest at 2, Grupo Mexico’s solid value score of 3 reflects its attractive pricing relative to its fundamentals.

Grupo Mexico SAB de CV operates in the mining sector, focusing on copper, silver, gold, and other metals. The company also manages key transportation infrastructure, including railway lines. With a diversified portfolio of mining operations and a strong presence in the metals industry, Grupo Mexico is positioning itself as a resilient player in the market. By emphasizing both operational efficiency and investor returns through dividends, Grupo Mexico presents an appealing investment opportunity with a balanced approach to long-term growth and stability.


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

By | Earnings Alerts
  • Grupo Mexico reported a net income of $928.5 million for the first quarter, surpassing estimates of $750.9 million.
  • Revenue for the quarter was $3.80 billion, higher than the estimated $3.75 billion.
  • The company reported 12c basic earnings per share (EPS), outperforming the projected figure of 9.6c.
  • Operating income was also above the estimate, posting $1.62 billion against a forecast of $1.37 billion.
  • The company has gathered mixed reviews from analysts, with 5 buys, 9 holds, and 2 sells.

A look at Grupo Mexico Sab De Cv Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth2
Resilience4
Momentum5
OVERALL SMART SCORE3.6

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

Grupo Mexico Sab De Cv, a company engaged in mining copper, silver, gold, and other metals, presents a mixed outlook based on the Smartkarma Smart Scores. While showing strength in areas like dividends and resilience, with scores of 4 each, the company falls short in terms of growth and value, scoring 2 and 3, respectively. However, the company demonstrates strong momentum, scoring a perfect 5, suggesting positive market sentiment and performance in the near future.

Grupo Mexico Sab De Cv‘s operations, encompassing copper mines, smelters, and railroad lines, position it as a key player in the mining and metals industry. With a diversified portfolio covering various valuable metals, the company’s resilience and dividend payouts can appeal to investors seeking stability and income. Despite challenges in growth and value indicators, the company’s upward momentum signals promising prospects, making it an intriguing option for investors looking for growth potential and solid returns.


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

By | Earnings Alerts

• Cellnex’s 1Q adjusted Ebitda (Earnings before interest, tax, depreciation and amortization) was EU778 million, matching expectations

• The company reported revenues of EU1.04 billion, which did meet the expectations

• Operating profit stood at EU179 million, significantly higher than the estimated EU125.9 million

• Cellnex echoed the estimated recurring free cash flow with EU384 million

• The net loss of EU39 million was smaller than the projected loss of EU52.6 million

• 2025 forecast for adjusted Ebitda is between EU3.40 billion to EU3.50 billion

• 2025 revenue predictions remain at EU4.10 billion to EU4.20 billion

• Recurring free cash flows for 2025 are projected to range from EU2.00 billion to EU2.05 billion

• 2027 forecasts project adjusted Ebitda somewhere between EU3.80 billion to EU4.00 billion

• Similarly, revenue estimates for 2027 are ranging from EU4.50 billion to EU4.70 billion

• Cellnex foresees recurring free cash flows of EU2.10 billion to EU2.30 billion for 2027

• The company has confirmed its 2024 outlook

• Non-binding offers for an Austria deal are expected in May

• Cellnex expects an annual growth rate of 6% for revenue and 7% for adjusted Ebitda from 2023 to 2027

• The company sees a 9% annual growth in recurring free cash flow from 2023 to 2027

• The 2025 and 2027 guidance assumes the financial perimeter as of the end of 2023

• It’s important to note that the revenue guidance excludes pass-through

• The company’s shares have received 25 “buy” ratings, 9 “hold” ratings, and only 1 “sell” rating.


Cellnex Telecom Sau on Smartkarma

Analysts on Smartkarma, including Jesus Rodriguez Aguilar, are closely following the developments around Cellnex Telecom Sau. In a recent report titled “Focus on Leverage Reduction“, Rodriguez Aguilar highlights Cellnex Telecom’s strategy to sell non-strategic assets in Ireland and Austria to decrease its debt burden. The company aims to rationalize its portfolio and expand in targeted markets while being mindful of taking on excessive debt. With a base-case fair value estimate of €48.73, the analyst sees potential for multiple expansion driven by a reduction in leverage. Overall sentiment is optimistic, with a bullish lean on Cellnex Telecom’s trajectory.


A look at Cellnex Telecom Sau Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience3
Momentum2
OVERALL SMART SCORE2.6

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

Based on the Smartkarma Smart Scores, Cellnex Telecom Sau shows a moderate long-term outlook. With decent scores in value, growth, resilience, and momentum, the company seems to have a stable foundation for future performance. However, its lower score in dividend indicates a potential area of improvement. The company operates as an independent operator of wireless and broadcast infrastructure primarily in Spain and Italy, showcasing its focus on these specific markets.

Cellnex Telecom Sau‘s overall outlook, as indicated by the Smart Scores, presents a balanced view for investors. With strengths in value, growth, resilience, and momentum, the company demonstrates a solid position in the telecommunications and broadcast infrastructure sectors. While the lower dividend score may raise some concerns, the company’s strategic focus on infrastructure in key European markets like Spain and Italy could drive its long-term sustainability and growth prospects.


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

By | Earnings Alerts
  • 1Q net income for Southern Copper was $736.0 million, which exceeded estimates and is down by -9.5% year-over-year.
  • Earnings per share (EPS) were 95c, which was more than the estimated 76c.
  • Sales were recorded at $2.60 billion, which is a -6.9% decrease from the previous year but still better than the $2.49 billion estimate.
  • Adjusted Ebitda was reported at $1.42 billion, a decrease of -9.6% from the previous year, but surpassing the current estimate of $1.22 billion.
  • The adjusted Ebitda margin came in at 54.5%, which is down from 56.1% year-over-year but still higher than the estimated 48.9%.
  • Copper production was 240,679 tonnes, which is an increase of +7.7% year-over-year, exceeding the estimate of 233,167 tonnes.
  • Zinc production came in at 26,366 tonnes, a whopping +75% increase from the previous year and beating the estimate of 22,221 tonnes.
  • Silver production was recorded as 4.78 million ounces, an increase of +8.4% year-over-year. However, this is slightly lower than the estimates of 5.05 million ounces.
  • Capital investments for this quarter were reported to be $213.8 million, which is a decrease of -10% from the previous year and lower than the estimated $289 million.
  • Operating income was recorded as $1.19 billion, -12% down year-over-year but still better than the estimated $1.01 billion.
  • The company has 2 buys, 4 holds and 12 sells rating from market analysts.

Southern Copper on Smartkarma

On Smartkarma, renowned analyst Joe Jasper has upgraded materials to market weight, highlighting a rotation into commodity sectors such as Southern Copper. The sentiment is bullish as the S&P 500 and Nasdaq 100 are holding above key support levels, indicating a continued bullish trend in the short term. Jasper emphasizes the importance of monitoring the market for potential signs of caution, with gap supports serving as crucial levels to watch for market control.

Additionally on Smartkarma, Baptista Research explores Southern Copper Corporation’s adaptation to shifting dynamics in the copper market. Despite a slight decline in net sales in 2023 compared to the previous year, the company remains optimistic due to increased sales volumes for key metals like copper and molybdenum, along with higher metal prices. Baptista Research‘s bullish sentiment is supported by Southern Copper‘s strong performance in the last quarter, showcasing resilience and adaptability in the face of challenges like declining ore grades.


A look at Southern Copper Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.4

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

Smartkarma Smart Scores indicate a promising long-term outlook for Southern Copper. With a solid Dividend score of 4 and Growth score of 4, the company is positioned well for potential steady returns and expansion. Momentum is also strong with a score of 5, highlighting the current positive trend in the company’s performance. However, Southern Copper scores lower on Value at 2, indicating that the stock may not be considered undervalued. Resilience, with a score of 2, suggests some vulnerability to market fluctuations.

Southern Copper Corporation, a mining company operating in Peru and Mexico, focuses on extracting copper, molybdenum, zinc, and precious metals. The company’s strong Dividend and Growth scores, along with high Momentum, hint at a promising future. Despite facing challenges in terms of Value and Resilience scores, Southern Copper‘s strategic positioning in the mining sector may drive long-term 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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Southern Copper (SCCO) Earnings: 1Q Net Income Surpasses Estimates Amid Strong Sales and Adjusted Ebitda Growth

By | Earnings Alerts
  • Southern Copper‘s 1Q net income exceeded estimates, coming in at $736.0 million against the estimated $586.1 million.
  • The company’s earnings per share (EPS) for 1Q were 95c, compared to the estimated 76c.
  • Sales of Southern Copper were higher than expected, at $2.60 billion against an estimate of $2.49 billion.
  • Adjusted Ebitda for 1Q stood at $1.42 billion, surpassing the estimates of $1.22 billion.
  • The company’s Adjusted Ebitda margin for 1Q was 54.5%, higher than the estimated 48.9%.
  • Capital investments for the quarter were considerably less than estimated, amounting to $213.8 million as compared to estimated $289 million.
  • The operating income for the period was also higher than expected at $1.19 billion against an estimate of $1.01 billion.
  • On buying and holding front, there were 2 buys, 4 holds, and 12 sells.

Southern Copper on Smartkarma

Analysts on Smartkarma are showing bullish sentiment towards Southern Copper Corporation. Joe Jasper‘s research highlights a market weight upgrade for materials and a rotation into commodity sectors. The S&P 500 and Nasdaq 100 are holding above key support levels, indicating a bullish trend. On the other hand, Baptista Research‘s insights focus on Southern Copper‘s financial performance in 2023. Despite a slight decline in net sales, the company remains optimistic due to increased sales volumes and better prices for key metals.

Baptista Research also notes Southern Copper‘s resilience in the face of challenges, such as a production decline in copper. The company’s proactive approach and aim to increase copper production in 2023 showcase its adaptability. These positive reports suggest that analysts see potential for Southern Copper to perform well despite market dynamics.


A look at Southern Copper Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, Southern Copper presents a promising long-term outlook. With a solid Dividend score of 4 and a Growth score of 4, the company demonstrates its potential for steady returns and expansion. Additionally, a Momentum score of 5 suggests the company is on a strong upward trend in the market. However, Southern Copper‘s Value and Resilience scores come in at 2, indicating areas for potential improvement in terms of valuation and adaptability to market fluctuations.

Southern Copper Corporation, known for its mining operations in Peru and Mexico, focuses on producing copper, molybdenum, zinc, and precious metals. Thanks to its favorable Dividend and Growth scores, coupled with strong Momentum, Southern Copper seems well-positioned for future growth and sustainable returns. Investors may want to keep an eye on how the company addresses its Value and Resilience scores to further enhance its overall performance and competitiveness in the mining industry.


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