Category

Earnings Alerts

Beijer Ref (BEIJB) Earnings: 3Q Operating Profit Falls Short of Estimates Despite Positive Organic Revenue

By | Earnings Alerts
  • Beijer REF’s operating profit for the third quarter was SEK 1.03 billion, which missed the estimated SEK 1.05 billion.
  • Net sales reported at SEK 9.49 billion, falling short of the estimated SEK 9.69 billion.
  • The company achieved an organic revenue growth of 2.7%.
  • EBITA was recorded at SEK 1.08 billion.
  • Adjusted EBITA was also reported at SEK 1.08 billion.
  • Analyst ratings consist of 8 buy recommendations, 2 hold recommendations, and no sell recommendations.

A look at Beijer Ref Smart Scores

FactorScoreMagnitude
Value3
Dividend2
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

Beijer Ref AB, a company that manufactures cooling and heating systems and supplies raw materials, industrial equipment, tools, and parts, has a positive long-term outlook according to the Smartkarma Smart Scores. With strong scores in Growth and Momentum, Beijer Ref is positioned well for future expansion and market performance. This indicates that the company is poised for growth and has good market momentum, suggesting a potentially bright future ahead.

While Beijer Ref scores lower in areas such as Dividend and Value, its strengths in Growth and Momentum could overshadow these factors in the long run. The company caters to large industrial companies in northern Europe with its diverse product range, including air conditioning and refrigeration systems. Overall, Beijer Ref seems to be on a growth trajectory, supported by its resilience in the market, which bodes well for its future 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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Hermes International (RMS) Earnings: 3Q Sales Surge Beyond Estimates with Impressive 11.3% Growth

By | Earnings Alerts
  • Hermes reported a 3Q sales growth at constant exchange rates of 11.3%, surpassing the estimated 10.5%.
  • Leather goods sales rose by 14%, exceeding the forecast of 12.8%.
  • Watches revenue saw a significant drop of 18.2%, falling short of the expected 9% decline.
  • Perfumes sales increased by 10.6%, outperforming the anticipated growth of 7.86%.
  • Silk and Textiles revenue grew by 4%, surpassing the estimate of a 1.36% decline.
  • Ready-to-Wear and Fashion segment experienced a revenue increase of 13.5%, above the projected 12.4%.
  • In France, revenue climbed by 13.1%, beating the estimate of 9.44%.
  • Europe-wide revenue rose by 17.4%, exceeding the expected growth of 13.3%.
  • In Japan, sales surged by 22.8%, outpacing the estimate of 20%.
  • Asia Pacific revenue slightly increased by 1%, below the estimate of 2.3%.
  • Overall Asia revenue saw a rise of 4.6%, which was less than the estimates that ranged up to 5.24%.
  • The Americas experienced a revenue growth of 13.4%, surpassing the forecast of 12.3% growth.
  • Total revenue reached EU3.70 billion, marking a year-over-year increase of 10%, slightly above the estimate of EU3.68 billion.
  • Hermes confirms an ambitious goal for medium-term revenue growth at constant exchange rates.

A look at Hermes International Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
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

Based on the Smartkarma Smart Scores, Hermes International shows a promising long-term outlook. With a high resilience score of 5, the company is well-positioned to withstand economic downturns and uncertain market conditions. This indicates that Hermes International has a strong foundation and stability in its operations.

In addition, the growth score of 4 suggests that Hermes International has good potential for expanding its business and increasing its market share in the luxury goods industry. This combined with a momentum score of 3 indicates that the company is moving in the right direction, albeit with some room for improvement. While the value and dividend scores are average, the strong resilience and growth scores bode well for the future prospects of Hermes International as it continues to design and distribute luxury accessories and apparel worldwide.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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RELX PLC (REL) Earnings Report: Strong 9M Underlying Revenue Growth of 7% with Positive Full Year Outlook

By | Earnings Alerts
  • RELX, a global provider of information-based analytics, reports a 7% increase in underlying revenue for the first nine months of 2024.
  • The company reaffirms a positive outlook for the full year, anticipating strong underlying revenue growth.
  • RELX expects the full year’s underlying adjusted operating profit growth to slightly exceed the revenue growth.
  • There is also an expected improvement in the adjusted operating margin compared to the previous full year.
  • Market sentiment on RELX is positive, with 11 analysts rating it as a buy, 5 as a hold, and none recommending a sell.

RELX PLC on Smartkarma

Analysts on Smartkarma, like Baptista Research, are closely following RELX PLC‘s performance. In their report titled “RELX Plc: How Are They Executing The Expansion in Risk and Analytics?“, they highlight the company’s strong financial performance in the first half of the year. RELX achieved significant growth across its business segments, with a 7% increase in underlying revenue and a 10% rise in underlying adjusted operating profit. The company also saw a 10% growth in adjusted earnings per share at constant currency, indicating a consistent upward trend in profitability.


A look at RELX PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE2.8

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

According to Smartkarma Smart Scores, RELX PLC has a promising long-term outlook. With strong scores in Growth and Momentum, the company is positioned well for future expansion and market performance. The Growth score of 4 indicates a positive trajectory for the company’s development and potential for increased profitability. Additionally, a Momentum score of 4 suggests that RELX PLC is experiencing positive trends in its stock price and market sentiment.

While the company scored lower in Value, Dividend, and Resilience factors, the overall outlook remains positive due to the robust performance in Growth and Momentum. RELX PLC, a provider of information solutions across various industries, including scientific, medical, legal, and business sectors, continues to serve a global customer base, which contributes to its resilient position 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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abrdn PLC (ABDN) Earnings Report: Cost Savings on Track Amid GBP506.7 Billion Assets Under Management

By | Earnings Alerts
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  • Abrdn’s assets under management and administration have reached GBP 506.7 billion.
  • The company aims to keep FY 2024 adjusted operating expenses below Β£1,075 million.
  • Abrdn’s transformation program focuses on cost savings while investing in people, technology, AI, and process improvements.
  • Expected cost savings for FY 2024 are approximately Β£60 million.
  • The company plans to achieve at least Β£150 million in annualized savings by the end of FY 2025.
  • Current market analyst ratings for Abrdn include 2 buys, 5 holds, and 9 sells.

“`


A look at abrdn PLC Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience4
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

Investment analysts at Smartkarma have indicated that abrdn PLC, a prominent investment company, has received strong Smart Scores across multiple key factors. With top scores in Value, Dividend, and Momentum, abrdn PLC is positioned well in terms of the company’s financial health, ability to generate returns for investors, and market performance. Additionally, the company has scored well in Resilience, reflecting its capacity to weather market uncertainties. While Growth is rated slightly lower, abrdn PLC still demonstrates solid potential for future expansion.

Abrdn PLC, operating as an investment company, offers a diverse range of investment solutions across global markets, including equities, fixed income, real estate, and alternative assets. The company’s strong Smart Scores in Value, Dividend, and Momentum highlight its competitive strength in the market. With a global reach, abrdn PLC is well-positioned to deliver value and returns to its investors over the long term, supported by its resilient performance 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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Barclays PLC (BARC) Earnings: 3Q Results Surpass Estimates with Strong Investment Bank Performance

By | Earnings Alerts
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  • Barclays’ Investment Bank revenue in the third quarter was GBP2.85 billion, aligning perfectly with estimates.
  • FICC revenue exceeded expectations at GBP1.18 billion, against the estimate of GBP1.13 billion.
  • Equities revenue was GBP692 million, slightly above the expected GBP688 million.
  • Investment banking fees reached GBP594 million, surpassing the estimate of GBP552.3 million.
  • Transaction banking income was GBP406 million, over the estimate of GBP388.5 million.
  • Total income came in at GBP6.55 billion, above the projected GBP6.43 billion.
  • UK Personal Banking revenue was GBP1.18 billion, exceeding the forecasted GBP1.15 billion.
  • UK Barclaycard Consumer revenue achieved GBP249 million, higher than the estimate of GBP242.3 million.
  • UK Business Banking revenue was GBP513 million, compared to the estimate of GBP485.4 million.
  • Barclays UK revenue reached GBP1.95 billion, slightly above the estimate of GBP1.9 billion.
  • UK Corporate Bank revenue was slightly under estimate at GBP445 million, against an expected GBP447.4 million.
  • Private Bank and Wealth Management revenue stood at GBP326 million, just below the estimate of GBP327.4 million.
  • US Consumer Bank revenue was GBP791 million, lower than the projected GBP831.5 million.
  • Net interest income greatly surpassed expectations, reaching GBP3.31 billion versus the estimate of GBP3.11 billion.
  • Pretax profit saw a notable increase to GBP2.23 billion, beating the estimate of GBP1.96 billion.
  • Attributable profit significantly outperformed, coming in at GBP1.56 billion compared to GBP1.22 billion forecasted.
  • Return on tangible equity was strong at +12.3%, versus an expected +9.64%.
  • The Cost to Income Ratio was 61%, lower than the estimated 62.6%.
  • Total deposits amounted to GBP542.8 billion, under the estimate of GBP558.21 billion.
  • Total operating expenses were GBP3.96 billion, slightly below the estimate of GBP4 billion.

“`


A look at Barclays PLC Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth5
Resilience5
Momentum4
OVERALL SMART SCORE4.6

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

Barclays PLC, a global financial services provider offering a range of services including retail banking, credit cards, and investment management, has received positive scores across the board based on Smartkarma’s Smart Scores system. With a top score of 5 in Value, Barclays is seen as a strong performer in terms of its valuation metrics, indicating potential for long-term growth. Additionally, its high scores in Growth and Resilience highlight the company’s ability to expand and withstand economic challenges, adding to its attractiveness for investors.

Furthermore, Barclays’ above-average score in Dividend suggests that the company offers a competitive dividend yield, appealing to income-oriented investors. Although the Momentum score is slightly lower at 4, indicating moderate short-term price movement, the overall outlook for Barclays PLC appears promising for investors seeking a reliable and potentially rewarding long-term investment option in the financial 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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LSEG Earnings: London Stock Exchange Surpasses Q3 Estimates in Capital Markets and Post Trade Revenue

By | Earnings Alerts
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  • The LSE Group’s total income for Q3 is reported at GBP2.12 billion, meeting the estimate of GBP2.11 billion.
  • Gross profit is slightly above expectations, reaching GBP1.92 billion compared to the estimate of GBP1.91 billion.
  • The Data & Analytics revenue falls short at GBP992 million against an estimate of GBP1.35 billion.
  • Workflows revenue comes in at GBP472 million, slightly below the forecast of GBP479.1 million.
  • Data and Feeds revenue records GBP465 million, just under the estimate of GBP471.9 million.
  • Analytics revenue reaches GBP55 million, missing the estimate of GBP56.6 million.
  • FTSE Russell revenue is GBP227 million, falling short of the GBP235.1 million estimate.
  • Risk Intelligence revenue achieves GBP131 million, slightly below the projected GBP134.9 million.
  • Capital Markets revenue outperforms expectations at GBP468 million, surpassing the estimate of GBP451.4 million.
  • Equities revenue slightly exceeds estimates, recording GBP60 million against an estimate of GBP59 million.
  • FX revenue totals GBP67 million, outperforming the projected GBP63.7 million.
  • Fixed Income, Derivatives & Other revenue marks GBP341 million, above the estimate of GBP325.5 million.
  • Post Trade revenue is reported at GBP297 million, higher than the estimate of GBP287.9 million.
  • OTC Derivatives revenue is GBP148 million, exceeding the estimate of GBP141 million.
  • Securities & Reporting revenue aligns with expectations at GBP55 million, closely matching the estimate of GBP55.2 million.
  • Non-Cash Collateral revenue stands at GBP28 million, aligning with the estimated amount.
  • Net Treasury income surpasses projections, reaching GBP66 million compared to an estimate of GBP63.6 million.
  • Other revenue falls short, reported at GBP2 million against the estimate of GBP4.16 million.
  • The general market sentiment includes 14 buy ratings, 7 hold ratings, and 1 sell rating.

“`


A look at London Stock Exchange Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience5
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

Analysing the Smartkarma Smart Scores for London Stock Exchange, the company showcases a promising long-term outlook. With a solid Resilience score of 5, the London Stock Exchange is well-equipped to weather market fluctuations and challenges, indicating a strong foundation for sustained growth. Additionally, the Momentum score of 4 suggests that the company is experiencing positive momentum in its operations, potentially driving further expansion in the future.

While the Dividend score of 2 may indicate room for improvement in terms of distributing profits to shareholders, the Value and Growth scores of 3 each show a moderate outlook for the company’s valuation and future expansion prospects. Overall, London Stock Exchange Group plc, as the UK’s primary stock exchange, continues to offer a robust platform for capital raising and securities trading, positioning it favorably in the dynamic financial landscape.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Dunelm (DNLM) Earnings: 1Q Revenue of GBP403.2 Million Meets Estimates with 3.5% Growth

By | Earnings Alerts
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  • Dunelm‘s revenue for the first quarter reached GBP 403.2 million.
  • The revenue figure met analyst expectations, which were estimated at GBP 400 million based on two estimates.
  • Revenue growth was up by 3.5% compared to previous periods.
  • Analysts have a mixed view on Dunelm‘s stock with 6 buy recommendations and 6 hold recommendations.
  • No analysts have recommended selling Dunelm‘s stock.

“`


A look at Dunelm Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
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

Investors looking at Dunelm Group Plc.’s long-term prospects may find encouragement in the Smartkarma Smart Scores. With a strong score of 5 for Dividend and Momentum, Dunelm shows promise in providing attractive dividends and maintaining positive market momentum. The company’s focus on home furnishings in the UK market positions it well to benefit from consumer spending on household items.

While Dunelm‘s Value and Resilience scores are not as high, scoring a 2 each, the company’s Growth score of 3 suggests potential for expansion and development. Overall, Dunelm‘s strong performance in dividends and momentum, coupled with its steady growth outlook, could appeal to investors seeking stability and growth in the home furnishings retail 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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Inchcape PLC (INCH) Earnings: 3Q Revenue Hits GBP 2.2B Despite FX Headwinds, FY 2024 Outlook Reiterated

By | Earnings Alerts
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  • Inchcape reported third-quarter revenue of GBP 2.2 billion.
  • Sales increased by 2% when evaluated at constant exchange rates.
  • The company has reiterated its fiscal year 2024 outlook, expecting moderated growth.
  • Growth projections consider the company’s ongoing cost management efforts.
  • Reported results for the second half of 2024 are anticipated to be affected by foreign exchange challenges, notably the devaluation of the Ethiopian Birr.
  • Inchcape emphasizes its global market leadership and technology capabilities as key strengths.
  • The company’s strong balance sheet supports its well-positioned distribution platform.
  • There are 9 buy recommendations for Inchcape shares, with no holds or sells reported.

“`


A look at Inchcape PLC 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

Inchcape PLC, a global automotive distributor and retailer, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a solid Dividend score of 4, the company seems to offer attractive returns to investors seeking income. Additionally, a Momentum score of 4 suggests strong market performance and potential future growth. However, the Resilience score of 2 indicates some vulnerability to economic challenges, despite an overall positive outlook.

The company’s focus on distributing vehicles and parts in various markets, particularly in Asia Pacific and emerging markets, highlights its strategic positioning in key growth regions. While the Value and Growth scores at 3 each show moderate performance in these areas, the overall outlook for Inchcape PLC appears promising, especially for investors looking for steady dividends and potential 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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Bankinter SA (BKT) Earnings in Q3: Net Income Aligns with Estimates at €258M

By | Earnings Alerts
  • Bankinter’s third-quarter net income was €258 million, slightly above the estimate of €255.8 million, but down 3.4% from the previous year.
  • The bank’s income before tax stood at €367 million, nearly in line with the estimate of €367.2 million, showing a 2.9% decrease year-over-year.
  • Operating gross profit increased by 1.9% from last year to €741 million, though it fell short of the estimate of €743.4 million.
  • Net interest income slightly declined by 0.4% year-over-year to €568 million, missing the estimated €573.1 million.
  • Net fee and commission income surged by 15% year-over-year, reaching €179 million, surpassing the estimate of €172.8 million.
  • Bankinter reported a CET1 ratio (fully-loaded) of 12.6%, which was marginally above the estimate of 12.5%.
  • The bad loans ratio was recorded at 2.2%, beating the estimate of 2.34%.
  • Operating expenses rose by 6.5% year-over-year to €263 million, slightly below the estimate of €265.5 million.
  • Analysts’ recommendations include 10 buys, 9 holds, and 6 sells.

A look at Bankinter SA Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience2
Momentum3
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

Bankinter SA, a leading financial institution in Spain, appears to have a promising long-term outlook based on the Smartkarma Smart Scores. With a top score in the Dividend category, the company shows strength in rewarding its investors with regular dividend payments. Additionally, Bankinter SA scores well in the Value and Growth factors, indicating a solid foundation and potential for future expansion. However, there are areas of concern, as reflected in the lower scores for Resilience and Momentum.

Despite some challenges, Bankinter SA‘s focus on providing a range of banking and financial services throughout Spain positions it well for continued growth. Investors may find the company attractive for its strong dividend policy and growth prospects in the competitive financial 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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Unilever PLC (ULVR) Earnings: 3Q Underlying Sales Surpass Estimates with Notable Growth in Ice Cream and Beauty Segments

By | Earnings Alerts
  • Unilever’s underlying sales growth for the third quarter was 4.5%, exceeding the estimated 4.25%.
  • Beauty & Wellbeing segment performed exceptionally well with underlying sales rising 6.7%, surpassing the 5.87% forecast.
  • Personal Care sales were slightly below expectations, growing at 4.4% against the 4.75% estimate.
  • Home Care and Nutrition segments underperformed in comparison to estimates, with sales increasing by 1.9% and 1.5% respectively.
  • Ice Cream sales surged by 9.8%, significantly above the predicted 4.3% growth.
  • Overall volume growth was strong at 3.6%, better than the anticipated 3.1% growth.
  • Revenue totaled €15.25 billion, slightly under the estimated €15.39 billion.
  • Beauty & Wellbeing revenue exceeded expectations, reaching €3.28 billion.
  • Unilever maintains its full-year sales growth forecast at 3% to 5%, primarily driven by volume.
  • Underlying operating margin is expected to be at least 18% for the full year, with increased investment in brands.
  • Power Brands like Dove, Liquid I.V., Comfort, and Magnum significantly contributed to sales growth.
  • The company is experiencing positive impacts from focusing on fewer, larger innovations supported by brand investment.
  • Analyst recommendations include 14 buys, 9 holds, and 4 sells.

A look at Unilever PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.0

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

Unilever PLC, a prominent manufacturer of branded consumer goods like food, detergents, and personal care items, has been assessed with Smart Scores across multiple factors. As indicated by the Smart Scores, Unilever PLC shows a promising long-term outlook. Its strengths lie in growth and momentum, scoring high marks in these areas. With a growth score of 4, the company displays potential for future expansion and development. Additionally, a momentum score of 4 suggests a strong positive trend in the company’s stock movements. While values and resilience scores are average, the dividend score sits at 3, indicating a moderate outlook for dividend payments to investors.

Overall, Unilever PLC appears to have a positive trajectory ahead, especially in terms of growth and momentum. As a dually-listed company with UNA NA, the company’s focus on manufacturing quality consumer products positions it well for continued success in the market. Investors may find Unilever PLC an attractive option for long-term investment, considering its favorable Smart Scores that point towards a bright future within the consumer goods 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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