Category

Earnings Alerts

Hermes International (RMS) Q1 Earnings Beat Estimates with Stellar Revenue Growth at Constant Exchange Rates

By | Earnings Alerts
  • Hermes sales at constant exchange rates in the first quarter surpassed the assumed rate of +13.9% with +17%

  • Leather goods saw a rise of +20.3% in sales at constant exchange rates, beating the predicted +15.4%

  • Watch revenues increased at a rate of +4.3%, which was below the forecasted growth of +6.2%

  • The perfumes sector reported a revenue growth of +4.3%, as opposed to the estimated +9.6%

  • Silk and textiles generated revenue at a rate of +7.9%, slightly above an estimate of +7.2%

  • Fashion and ready-to-wear items experienced growth at +15.9%, exceeding the expected surge of +14%

  • In France, revenues grew by +14.3%, compared to a projected increase of +12.8%

  • Turnover in Europe went up by +14.5%, surpassing a forecast of +12.8%

  • In Japan, a surge of +25.2% in revenues was observed, beating the +20.5% estimation

  • Asia Pacific revenues grew at +13.9%, clear of the estimated +12.5%

  • In Asia, the revenues jumped by +15.7%, surpassing its prediction of +13.8%

  • There was a growth of +11.8% in the Americas, which was slightly less than the anticipated +12.8%

  • Total revenue was EU3.81 billion, presenting a +13% year on year, surpassing the anticipated amount of EU3.71 billion

  • Medium-term objective confirmed for revenue growth at constant exchange rates.


A look at Hermes International 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

Analysis of the Smartkarma Smart Scores for Hermes International reveals a positive long-term outlook. With impressive scores of 5 in Growth, Resilience, and Momentum, the company seems well-positioned for future success. The high Growth score indicates strong potential for expansion and increasing market share. Additionally, the Resilience score suggests the company’s ability to weather economic uncertainties. Coupled with a Momentum score of 5, indicating strong market performance, Hermes International appears to be a promising investment option.

Hermes International, known for its luxury accessories and apparel, operates a chain of boutiques under its prestigious brand. With a solid overall outlook based on Smartkarma Smart Scores, the company is recognized for its quality products and enduring appeal to consumers. Investors may find Hermes International an attractive prospect considering its high scores in key areas such as Growth, Resilience, and 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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Shinko Electric Industries (6967) Earnings: FY Operating Income Forecast Fall Short of Estimates

By | Earnings Alerts
  • Shinko Electric’s forecast operating income is lower than expected at 44.00 billion yen, below the 49.72 billion yen predicted.
  • The company’s net income projection is also below estimates at 30.00 billion yen, compared to the estimated 35.03 billion yen.
  • The forecast for Shinko Electric’s net sales is 250.00 billion yen, while the estimated value was 258.36 billion yen.
  • The projected dividend for the company is 0.0 yen, coming up short against a predicted 46.00 yen.
  • Results from the fourth quarter show an operating income of 6.81 billion yen, increased by 23% year-over-year but missing the estimate of 9.45 billion yen.
  • The net income in the fourth quarter reached 5.23 billion yen, an increase of 31% year-over-year, but still short of the estimated 7.88 billion yen.
  • Meanwhile, net sales decreased by 0.9% year-over-year to 53.33 billion yen, falling short of the estimated 57.74 billion yen.
  • The market perspective according to various evaluations include 5 buys, 4 holds, and 1 sell.

Shinko Electric Industries on Smartkarma

Analyst coverage of Shinko Electric Industries on Smartkarma reveals varying sentiments among independent analysts. Arun George, in the report “Merger Arb Mondays,” highlights Shinko’s 7.3% spread and identifies it as one of the higher spreads in the market. Additionally, Arun George‘s report “Shinko Electric (6967 JP): Widening Spread Is an Opportunity” presents a bullish sentiment, suggesting that the current 7.0% spread presents an attractive opportunity to add to positions, despite risks related to China SAMR approval timing.

Contrastingly, analyst Travis Lundy‘s report “Shinko Electric (6967) – Break/Gap Risk Update” takes a bearish stance, emphasizing concerns about the deal settlement timeline and the potential impact of China delay risks. Lundy expresses a rather cautious sentiment regarding Shinko Electric, indicating that while the spread is acceptable, there are uncertainties surrounding the deal. Overall, the analyst coverage on Smartkarma provides investors with a range of perspectives to consider when evaluating Shinko Electric Industries as an investment opportunity.


A look at Shinko Electric Industries Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience4
Momentum3
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


SHINKO ELECTRIC INDUSTRIES CO., LTD., known for designing and manufacturing advanced electronic materials worldwide, has a promising long-term outlook based on its Smartkarma Smart Scores. With a solid score in resilience and growth, the company is positioned to weather market fluctuations and sustain consistent expansion. Additionally, its momentum score indicates positive market momentum, reflecting potential for further growth. Although its value and dividend scores are average, the company’s overall outlook seems stable and optimistic for the future.


Company Description: SHINKO ELECTRIC INDUSTRIES CO., LTD. specializes in the design, manufacture, and global marketing of advanced electronic materials, including semiconductor packages like leadframes and PLP. With an extensive network of sales offices in various countries such as the Philippines, Germany, and Hong Kong, the company has established a strong presence in the worldwide market for electronic materials.


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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Fuji Electric (6504) Earnings: FY Operating Income Forecast Misses Estimates, but Q4 Results Surpass Expectations

By | Earnings Alerts
  • Fuji Electric‘s forecasted operating income stands at 109.00 billion yen, falling short of the estimated 111.68 billion yen.
  • The company anticipates a net income of 76.50 billion yen, slightly surpassing the estimated 76.48 billion yen.
  • Net sales are foreseen to reach 1.11 trillion yen, less than the anticipated 1.13 trillion yen.
  • For the fourth quarter, operating income was 48.41 billion yen, a 4.2% year-on-year increase, and above the 44.32 billion yen estimate.
  • The fourth quarter also saw a net income of 38.10 billion yen, a noteworthy 18% rise from the same time last year, and exceeding the estimate of 31.35 billion yen.
  • Net sales in the fourth quarter were 343.55 billion yen, a 7.8% increase year-on-year, beating the estimate of 323.21 billion yen.
  • Fuji Electric‘s ratings are comprised of 9 buys, 4 holds, and 1 sell.
  • The comparisons have been made with values reported by the company’s original disclosures.

A look at Fuji Electric Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
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

When looking at the long-term outlook for Fuji Electric based on the Smartkarma Smart Scores, the company shows a promising future. With a high score in Growth and Momentum, Fuji Electric is positioned well for future expansion and market performance. This suggests that the company is on a strong growth trajectory and has positive momentum in the market.

Although some areas like Value and Dividend have lower scores, the overall outlook for Fuji Electric remains positive. The company’s resilience score also indicates its ability to withstand market fluctuations and challenges. With a diverse product range including automatic vending machines, factory automation equipment, and power supplies, Fuji Electric is well-positioned to capitalize on various sectors and continue its growth 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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UPM-Kymmene OYJ (UPM) Earnings Beat 1Q Estimates, Full-Year 2024 EBIT Set to Rise

By | Earnings Alerts
  • UPM-Kymmene’s adjusted Ebit for the first quarter beat the estimates at EU333 million, higher than the estimated EU269.4 million.
  • Sales for the period stood at EU2.64 billion, equal to the estimate.
  • The adjusted EPS was EU0.47, higher than the estimated EU0.37.
  • Adjusted Ebit margin was 12.6%, and Adjusted Ebitda was EU489 million, higher than the estimated EU469.1 million.
  • Full-year 2024 comparable EBIT is expected to increase from the previous year, thanks to factors such as higher delivery volumes, the continued ramp-up and optimisation of the UPM Paso de los Toros pulp mill, and lower fixed costs.
  • However, the comparable EBIT for the first half of 2024 is expected to be lower than for the second half of 2023, primarily due to the timing of energy-related refunds in Q4 2023, and an increase in maintenance activity in Q2 2024.
  • Current analyst recommendations sit at 13 buy ratings, 5 hold ratings, and 2 sell ratings for UPM-Kymmene.

A look at UPM-Kymmene OYJ Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience3
Momentum3
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

UPM-Kymmene OYJ, a leading forest products manufacturer, is positioned well for long-term growth based on its SmartKarma Smart Scores. With strong scores in Value and Dividend at 4, the company demonstrates solid fundamentals and investor returns. While the Growth, Resilience, and Momentum scores are slightly lower at 3, UPM-Kymmene maintains a stable outlook across these factors. The company’s diversified product portfolio and global presence provide a firm foundation for future success.

Specializing in magazine papers, newsprint, specialty papers, and various packaging products, UPM-Kymmene OYJ offers a wide range of forest-based solutions. In addition to its Wood Products division that focuses on sawn products and building materials, the company’s innovative approach positions it as a key player in the industry. With a balanced overall Smart Score performance, UPM-Kymmene OYJ‘s focus on value, dividends, and a diverse product offering sets a positive tone for its long-term prospects in the market.


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

By | Earnings Alerts
  • Saudi Fransi reported a 1Q profit of 1.15 billion riyals, which is up 6.9% on the year and beat estimates of 1.08 billion riyals.

  • The operating profit stood at 2.33 billion riyals, a minor increase of 0.6% year on year, surpassing estimates of 2.31 billion riyals.

  • The company witnessed a pretax profit of 1.28 billion riyals, beating the estimated 1.21 billion riyals according to two estimates.

  • The Earnings Per Share (EPS) was reported as 0.91 riyals, which also exceeded the estimated 0.85 riyals, based on two estimates.

  • Overall, the company received 6 buy ratings, 4 hold ratings, and 2 sell ratings.


A look at Banque Saudi Fransi Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth5
Resilience3
Momentum2
OVERALL SMART SCORE4.0

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

Based on the Smartkarma Smart Scores, Banque Saudi Fransi appears to have a positive long-term outlook. The bank scored highly in Value, Dividend, and Growth, indicating strong performance in these areas. This suggests that the company is undervalued, pays attractive dividends, and shows potential for growth in the future. However, the scores for Resilience and Momentum were moderate, highlighting areas where the bank may need to focus on to improve its overall performance.

Banque Saudi Fransi, known for attracting deposits and providing a range of retail and corporate banking services, including loans and financial advisory services, seems well-positioned to capitalize on its strengths. By leveraging its high scores in Value, Dividend, and Growth, the bank can potentially enhance its resilience and momentum, ensuring sustained success in the competitive banking 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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POSCO Holdings (005490) Surpasses Earnings Estimates: 1Q Net Earnings Reach 500 Billion Won

By | Earnings Alerts
  • The Q1 net of Posco Holdings beat estimates with a total of 500 billion won, despite seeing a 38% decrease from the previous year.
  • The operating profit is reported to be 600 billion won, which is a 14% decrease y/y, even though it fell a bit short of the estimated 633.38 billion won.
  • Sales dipped by 6.7% y/y to 18.1 trillion won, which is lower than the estimated 19.2 trillion won.
  • The company’s performance has received mixed evaluations from experts with 22 buys, 1 hold and 3 sells on record.
  • All comparisons being made here are based on the values originally disclosed by Posco Holdings.

A look at POSCO Holdings Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience3
Momentum2
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

POSCO Holdings Inc., a leading steel manufacturer, shows promising long-term prospects based on its Smartkarma Smart Scores. With strong scores of 4 in both Value and Dividend categories, the company is highlighted for its solid financial position and consistent dividend payouts to investors. Additionally, scoring a 3 in both Growth and Resilience indicates a company that is expected to withstand market challenges and exhibit steady growth over time. Although the Momentum score of 2 suggests a slower current market trend, POSCO Holdings‘ overall outlook remains positive, positioning it well for potential growth and stability.

POSCO Holdings Inc. is a key player in the manufacturing and global distribution of various steel products, including hot rolled steel, stainless steel, and steel plates. The company’s strategic positioning is further bolstered by its strong Smartkarma Smart Scores across key metrics. Investors are likely to take note of POSCO Holdings‘ robust Value and Dividend scores of 4, indicating a financially sound company that rewards shareholders. With respectable scores in Growth and Resilience categories as well, POSCO Holdings demonstrates resilience to market fluctuations and a potential for steady expansion in the long run, making it an attractive prospect for investors seeking stability and growth in the steel 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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PTT E&P (PTTEP) Earnings Report: Revealing 1Q Net Income of 18.68B Baht Amid 26 Buys and 5 Holds

By | Earnings Alerts
  • PTT E&P reported net income of 18.68 billion baht in the first quarter.
  • Total revenue for the same period was 78.81 billion baht.
  • Earnings per share (EPS) for the quarter stood at 4.71 baht.
  • Stock analysts’ recommendations for the company are mostly positive, with 26 buys, 5 holds, and only 1 sell.

A look at PTT E&P Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience4
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 assessing PTT Exploration and Production Public Company Limited’s long-term prospects see a positive outlook based on Smartkarma Smart Scores. Highlighting key factors, the company scores well in Growth and Momentum, indicating strong potential for expansion and market performance. Complementing this, PTT E&P also earns high scores for Dividend and Resilience, reflecting solid returns and a stable operational profile. Although Value is rated slightly lower, the overall positive scores suggest a promising future for PTT E&P in the energy exploration and production sector.

PTT E&P, a subsidiary of the Petroleum Authority of Thailand, focuses on the exploration and production of crude oil and natural gas. With encouraging scores in key areas essential for sustainable growth and performance, investors may view PTT E&P as a favorable long-term investment option within the energy industry. The company’s emphasis on growth, backed by strong momentum and resilience, positions it well for potential opportunities and challenges ahead, reinforcing its standing 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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Bureau Veritas SA (BVI) Earnings Report: Q1 Organic Revenue Surpasses Estimates with 8% Growth

By | Earnings Alerts
  • Bureau Veritas’ 1Q organic revenue displayed growth of 8%, surpassing estimates of 6.64%.
  • Marine and offshore organic revenue rose by 13.6%, exceeding expected growth of 9.38%.
  • Agri-food and commodities organic revenue grew by 3.2%, slightly below the estimated growth of 4.86%.
  • Organic revenue from the industry sector surged by 16.3%, outperforming predictions of 9.99% growth.
  • Buildings and infrastructure sector showed organic revenue growth of 3.6%, a bit lower than the estimated 5.09%.
  • Oorganic revenue from certification experienced 13.7% growth, surpassing the 10.5% growth estimate.
  • Consumer product’s organic revenue increased by 6.1%, higher than a predicted 4.8% growth.
  • Quarterly revenue reached EU1.44 billion, seeing 2.5% y/y growth, slightly under the estimate of EU1.45 billion.
  • The 2024 outlook is confirmed, expecting mid-to-high single-digit organic revenue growth and improvement in the adjusted operating margin at constant exchange rates.
  • Strong cash flow with a cash conversion above 90% is forecasted for the financial year.
  • The group predicts the second half of the year’s organic revenue growth to be higher than the first half due to stronger comparables in Q2.
  • Bureau Veritas has maintained its growth trajectory with broad organic growth of 8.0% in the first quarter of 2024.
  • Current stock recommendations for Bureau Veritas are 13 buys, 6 holds, and 1 sell.

A look at Bureau Veritas SA Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience3
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 for Bureau Veritas SA, the company’s long-term outlook appears promising. With strong Momentum and Growth scores of 5 and 4 respectively, Bureau Veritas SA is positioned for future expansion and performance. Additionally, the company scores well in terms of Resilience, indicating a stable foundation in the face of challenges. Despite average scores in Value and Dividend, the overall outlook is positive, reflecting potential for growth and sustained performance in the consulting services sector.

Bureau Veritas SA offers a range of consulting services globally, focusing on inspection, audit, tests, and certification related to quality, hygiene, and health. With a solid presence in these key areas, the company’s strategic positioning and high Momentum score suggest a promising trajectory for long-term success in the industry. Investors may look to Bureau Veritas SA as a potential growth opportunity given its strong Growth score and resilient operational framework.


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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Symrise AG (SY1) Earnings: 1Q Sales Surpass Estimates with Accelerated Organic Growth

By | Earnings Alerts
  • Symrise surpassed estimated sales, achieving EU1.29 billion against an expected EU1.27 billion.
  • The company’s Taste, Nutrition & Health sector sales fell slightly short of estimates, generating EU775.2 million, compared to the anticipated EU792.1 million.
  • Scent & Care sector outperformed expectations with sales of EU516.4 million, significantly higher than the estimated EU481 million.
  • Organic sales grew by 10.9%, beating the estimate of 8.86%.
  • Taste, Nutrition & Health’s organic sales increased by 7.5%, just under the estimated 7.75%.
  • Scent & Care’s organic sales soared with a 13.7% increase, notably higher than the estimated 8.52%.
  • Symrise remains confident of its growth and profitability prospects for 2024.
  • Despite current market conditions, the company still believes it will grow faster than the relevant market, which is expected to increase about 3% to 4%.
  • Assuming raw material costs remain broadly stable, Symrise anticipates an EBITDA margin of approximately 20% in 2024.
  • Currently, the company has received 12 buys, 12 holds, and 2 sells from market participants.

A look at Symrise AG Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE2.8

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

Based on the Smartkarma Smart Scores, Symrise AG shows promising signs for long-term growth. With a solid momentum score of 4, the company is likely to continue its positive trend in the market. Additionally, Symrise AG has scored well in growth and resilience, with scores of 3 in each category, indicating a strong potential for expansion and the ability to withstand economic challenges. While the value and dividend scores are rated at 2, suggesting room for improvement, the overall outlook for Symrise AG appears favorable.

As a diversified chemical manufacturer, Symrise AG produces a wide range of products including perfume oils, fragrance bases, cosmetic raw materials, and plant extracts, among others. The company serves various industries such as fragrances, cosmetics, food, and pharmaceuticals. With its strong momentum, growth, and resilience scores, Symrise AG seems well-positioned for future success 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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Sanofi (SAN) Earnings Roundup: 1Q Business EPS Surpasses Expectations Boosted by Robust Sales

By | Earnings Alerts
  • Sanofi‘s Q1 business EPS beat estimates at EU 1.78, surpassing the estimated EU 1.77.
  • The company experienced a -7.4% in Business EPS excluding foreign exchange impacts.
  • Sales reached EU 10.46 billion, marking a 2.4% increase year on year, exceeding the estimate of EU 10.3 billion.
  • Dupixent net product sales amounted to EU 2.84 billion, slightly above the estimated EU 2.83 billion.
  • Beyfortus net sales stood at EU 182 million, marginally over the estimated EU 181.4 million.
  • Biopharma reported net sales of EU 8.94 billion, higher than the estimated EU 8.8 billion.
  • Consumer healthcare sales came to EU 1.53 billion, surpassing the estimated EU 1.5 billion.
  • Vaccine sales reached EU 1.18 billion, slightly above the estimated EU 1.17 billion.
  • Influenza vaccines alone sold EU 73 million, exceeding the estimated sales of EU 61.9 million.
  • Aubagio net sales were EU 102 million, lower than the estimate of EU 110.8 million.
  • Sales at constant exchange rates increased by 6.7%, Dupixent sales ex-FX increased by 24.9%, Beyfortus sales ex-FX remained stable, Biopharma sales ex-FX increased 6.3%, Consumer healthcare sales ex-FX increased 9%, Vaccine sales ex-FX increased 5.6%, Aubagio sales ex-FX decreased 74.7%.
  • Business net income reached EU 2.22 billion, slightly beating the estimate of EU 2.21 billion.
  • Business operating income totalled EU 2.84 billion, surpassing the estimated EU 2.8 billion.
  • Consumer healthcare business operating income was EU 472 million, a decrease of 12% y/y, falling short of the estimated EU 492.2 million.
  • Biopharma Business operating income totalled EU 2.37 billion, a decrease of 15% y/y, falling short of the estimated EU 2.48 billion.
  • Gross margin was 73.5%, lower than the previous year’s 76.1% and the estimated 74.4%.
  • Consumer healthcare gross margin stood at 63.9%, lower than the previous year’s 67% and the estimate of 67%.
  • Biopharma gross margin was 75.1%, lower than the previous year’s 77.7% and the estimate of 77.5%.
  • R&D expenses increased by 10% y/y to EU 1.72 billion, narrowly surpassing the estimated EU 1.71 billion.
  • The company reported a negative free cash flow of EU 309 million compared to positive EU 1.54 billion the previous year.
  • Sanofi forecasts business EPS for 2024 to remain relatively stable, excluding the impact of an expected tax increase to 21%.

A look at Sanofi Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience4
Momentum3
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

Sanofi, a pharmaceutical company with a global presence, is expected to maintain a steady performance in the long run, based on Smartkarma Smart Scores. The company scores well in key areas such as Dividend and Resilience, indicating a strong financial position and ability to withstand market challenges. While its Value and Growth scores are moderately positive, suggesting room for improvement in these aspects, Sanofi‘s overall outlook remains stable.

With a solid foundation in prescription pharmaceuticals and vaccines, along with a diverse portfolio including medications for cardiovascular, metabolic disorders, and oncology, Sanofi is positioned to continue serving a wide range of customers globally. Although there is room for growth and enhancing momentum, the company’s focus on resilience and dividends provides a sense of stability for investors evaluating its long-term 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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