Category

Earnings Alerts

Analyzing LG Energy Solution (373220) Earnings: Unveiling 1Q Operating Profits and Sales Figures

By | Earnings Alerts
  • LG Energy reported an operating profit of 157.3 billion won in the first quarter.
  • Sales for the period stood at 6.13 trillion won.
  • From the market perspective, LG Energy is performing well with 29 buys, 5 holds, only 1 sell.

LG Energy Solution on Smartkarma

Analyst Coverage of <a href="https://smartkarma.com/entities/lg-energy-solution">LG Energy Solution</a> on Smartkarma

Analysts on Smartkarma have provided mixed insights on LG Energy Solution, with a bearish sentiment prevailing. Douglas Kim‘s report titled “LG Energy Solution: A Big Earnings Miss in 4Q 2023″ highlights a significant earnings disappointment in the last quarter, leading to a probable reduction in earnings estimates for 2024 and 2025. The company’s operating profit fell by 43.5% below consensus, attributed in part to price pressures from major EV players like Tesla affecting EV battery makers such as LG Energy Solution.

Sanghyun Park, in the report “Exploring the Possibility of an LG Energy Solution Block Deal,” discusses LG Chem’s potential block deal for LG Energy Solution to address fundraising needs amidst global tax challenges. There is a shift towards block deals in the market, with local brokerages actively seeking such opportunities. Park suggests a strategic timing possibility before a planned EB issuance, considering LG Energy’s futures liquidity to ease trading concerns. The analysis reflects cautious sentiments surrounding LG Energy Solution‘s financial outlook and strategic moves.


A look at LG Energy Solution Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience3
Momentum3
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

LG Energy Solution, a leading battery manufacturer, exhibits a promising long-term outlook based on the Smartkarma Smart Scores. With a strong emphasis on growth, resilience, and momentum, the company’s overall outlook appears positive. The high score in growth signifies a potential for expansion and development in the future, while resilience and momentum indicators suggest stability and forward momentum within the market. Although the value and dividend scores are moderate, the robust performance in growth, resilience, and momentum positions LG Energy Solution well for sustained success in the evolving battery industry.

LG Energy Solution, known for its production and global marketing of a diverse range of batteries, appears well-positioned for future opportunities. The company’s focus on innovation and adaptability, reflected in its high growth score, indicates a willingness to embrace changing market dynamics. Additionally, LG Energy Solution‘s ability to navigate challenges and maintain momentum, as seen in its resilience and momentum scores, further strengthens its long-term prospects. Overall, LG Energy Solution‘s strategic positioning and commitment to growth underscore its potential for continued success in the battery 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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Renesas Electronics (6723) 1Q Earnings Report: Net Sales and Automotive Revenue Meet Estimates

By | Earnings Alerts
  • Renesas 1Q net sales reached 351.79 billion yen, closely meeting the estimate of 353.44 billion yen.
  • The automotive revenue was 178.15 billion yen, slightly surpassing the estimated 178 billion yen.
  • The Industrial/Infrastructure/IoT revenue was a bit below estimates at 171.58 billion yen compared to the predicted 174.75 billion yen.
  • Non-GAAP gross margin reported was 56.7%.
  • Automotive operating profit totalled 57.35 billion yen, falling a bit short of the estimated 58.5 billion yen.
  • Similarly, Industrial/Infrastructure/IoT operating profit was 55.80 billion yen, a little under the estimated 56.75 billion yen.
  • Non-GAAP operating margin stood at 32.3%.
  • The gross profit for the automotive segment came to 93.37 billion yen.
  • The overall market outlook for Renesas is positive with 14 buys, 1 hold and 0 sells.

Renesas Electronics on Smartkarma

Analysts on Smartkarma are closely covering Renesas Electronics, including a recent block trade by Mitsubishi Electric to raise approximately US$800m through a secondary block deal. The deal, involving the sale of 2.6% of Renesas’ total shares, is deemed easy to digest within three days of three months’ average daily volume. Analysts like Ethan Aw are optimistic about the move, indicating that it is likely well-flagged and providing insights on the placement and the deal’s impact through an ECM framework.

Furthermore, Travis Lundy and Scott Foster have also shared positive sentiments on Renesas Electronics, with Lundy noting that Mitsubishi Electric’s sale is part of a series of clean-up block trades aimed at reducing stakes, while Foster highlights Renesas’ strategic acquisitions of Altium and Transphorm as positive for long-term growth. Despite sales and profit pressure, analysts recommend buying on weakness for the long-term potential, showcasing confidence in Renesas’ future prospects.


A look at Renesas Electronics Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
Momentum2
OVERALL SMART SCORE2.8

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

According to Smartkarma Smart Scores, Renesas Electronics seems to have a promising long-term outlook. With a strong score of 5 in Growth, the company is positioned well for future expansion and development. This signifies that Renesas Electronics is focused on evolving and innovating in the electronic components industry.

Although the company scores a 2 in both Value and Dividend, indicating average performance in these areas, its resilience score of 3 suggests it may be able to withstand challenges and maintain stability. Additionally, with a momentum score of 2, Renesas Electronics is showing some positive signs of growth and market traction. Overall, these smart scores present a somewhat positive outlook for Renesas Electronics in the long run.

Summary: Renesas Electronics Corporation specializes in researching, developing, designing, and manufacturing electronic components such as semiconductors and integrated devices. The company’s Smartkarma Smart Scores imply a positive growth trajectory, supported by its commitment to innovation and market resilience.


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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Bumrungrad Hospital Pub Co (BH) Earnings Surpass Estimates with 1Q EPS Beat

By | Earnings Alerts
  • Bumrungrad’s earning per share (EPS) for the first quarter exceeded estimates.

  • The estimated EPS was 2.20 baht, but the actual came in at 2.50 baht.

  • Net income for the period was 1.98 billion baht.

  • Market response to Bumrungrad’s performance was predominantly positive with 18 buy ratings.

  • There are currently 6 hold ratings on the stock, with zero sell ratings.


Bumrungrad Hospital Pub Co on Smartkarma

Analysts on Smartkarma are upbeat about Bumrungrad Hospital Pub Co‘s performance, as highlighted by Tina Banerjee in her recent reports. In one analysis titled “Bumrungrad Hospital (BH TB): Record High Performance in 2023; Middle-East Performance Recovers,” Banerjee notes a significant 23% revenue growth driven by various patient segments. The company reported expanding margins, with revenue from Middle-East patients increasing by 23% in the second half of 2023 compared to the first half. Despite concerns about unrest in the Middle-East impacting the stock, the overall performance of Bumrungrad Hospital looks promising.

In another report by Tina Banerjee titled “Bumrungrad Hospital (BH TB): Strong 3Q23 Performance; Middle-East Tension Plays Spoilsports,” the analyst highlights an 18% year-over-year revenue growth in the third quarter of 2023, led by Thai and expat patients. EBITDA and profit after tax (PAT) reached record highs, showcasing the company’s financial strength. However, the ongoing tension in the Middle-East has dampened investor sentiment, leading to a noticeable decline in Bumrungrad Hospital’s shares. Despite this setback, the strong performance and growth in key patient segments indicate a positive outlook for the company’s future.


A look at Bumrungrad Hospital Pub Co Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience5
Momentum4
OVERALL SMART SCORE3.6

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

With a strong focus on growth and resilience, Bumrungrad Hospital Pub Co is positioned well for the long-term. Smartkarma Smart Scores indicate that the company excels in these areas, scoring a 5 in both Growth and Resilience. The Hospital, located in Bangkok, boasts international standard medical care facilities, including 554 beds for inpatients and 125 clinic examination suites serving thousands of outpatients daily.

While the Value and Dividend scores are more moderate at 2, Bumrungrad Hospital Pub Co‘s overall Momentum score of 4 further adds to its positive outlook. Investors looking for a company with high growth potential and a strong ability to withstand market fluctuations may find Bumrungrad Hospital Pub Co a promising long-term investment.


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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Keppel Corp (KEP) Earnings Report: 1Q Revenue Down by 6.3%; Aims for S$10-S$12B Asset Monetisation by 2026

By | Earnings Alerts
  • Keppel Ltd’s 1Q revenue has been reported at S$1.5 billion.
  • This represents a decrease of -6.3% year on year as compared to the previous S$1.6 billion.
  • The company is currently working towards the Final Investment Decision (FID) for its floating DC module, aiming to accomplish this in the first half of 2024.
  • Keppel has an asset monetisation target between S$10 billion and S$12 billion set for achievement by the end of 2026.
  • As per current ratings, the company holds 10 buys, 1 hold, and 2 sells.
  • All comparative statistics mentioned are based on numbers reported by the company’s original disclosures.

A look at Keppel Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.6

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

Keppel Corporation Limited, a diversified company with core businesses in offshore and marine, infrastructure, property investment and development, telecommunications and transportation, energy, and engineering, has received varied Smart Scores across different categories. With a high score in Growth and Dividend, Keppel Corp shows promise for long-term potential and stable returns. The company’s momentum score also indicates positive market sentiment and performance. However, lower scores in Value and Resilience suggest some areas of caution when considering investment in Keppel Corp. Overall, the long-term outlook for Keppel Corporation Limited appears positive, especially in terms of growth and dividend 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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Vale (VALE3) Earnings Fall Short in 1Q: Key Insights from Proforma Adjusted Ebitda and Net Income

By | Earnings Alerts
  • Vale’s proforma adjusted Ebitda for the first quarter was $3.28 billion, which is down by 11% compared to the previous year, and missed the estimated figure of $3.39 billion.
  • Their net income is also down by 8.6% year-on-year, at $1.68 billion, which is lower than the estimated $1.73 billion.
  • However, the net operating revenue for Vale in the first quarter showed a slight increase of 0.3% year-on-year at $8.46 billion, though it did not reach the estimated $8.62 billion.
  • Capital expenditure increased by 23% year-on-year, recorded at $1.40 billion.
  • Investment sentiment remained positive, with 10 buys, 3 holds, and no sells.

A look at Vale Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience4
Momentum3
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, Vale is expected to have a positive long-term outlook. With a solid score of 5 in Dividend and scores of 4 in both Growth and Resilience, Vale seems to be well-equipped to weather various market conditions in the coming years. Its diverse product portfolio includes iron ore, manganese, nickel, and various other minerals, providing a strong foundation for growth.

Additionally, Vale’s strong performance in dividends indicates stability and attractiveness for investors seeking regular income. Although its Value and Momentum scores are slightly lower at 3, the overall outlook for Vale appears promising, especially considering its strategic operations in Brazil and robust infrastructure assets.


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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SK Hynix (000660) Earnings Exceed Expectations with Stellar 1Q Operating Profit

By | Earnings Alerts
  • SK Hynix displayed a strong performance in the first quarter, with an operating profit of 2.89 trillion won, significantly beating the estimate of 1.8 trillion won.
  • The net profit for SK Hynix in the first quarter also outperformed expectations, coming in at 1.92 trillion won, which is over double the estimated 916.69 billion won.
  • SK Hynix‘s sales for the first quarter were reported at 12.43 trillion won, surpassing the forecasted 12.11 trillion won.
  • In terms of investment opinions, SK Hynix has received forty ‘buy’ ratings, two ‘hold’ ratings, and just one ‘sell’ rating.

SK Hynix on Smartkarma

SK Hynix has been receiving positive analyst coverage on Smartkarma, an independent investment research network. Analyst Douglas O’Laughlin published a report titled “Why HBM is the Hottest Thing in Memory,” emphasizing the transformative impact of new memory technology on the industry and highlighting the importance of strategic investments in semiconductors based on market dynamics.

Furthermore, analyst William Keating‘s report, “SK Hynix & The Dawn Of Custom Memory Solutions,” reflects a bullish sentiment, noting the company’s strong Q423 performance with increased revenues and shifting focus towards custom memory solutions, driven by AI-related demand. This move is seen as a more profitable business model compared to the mainstream commodity approach. On the contrary, Keating’s bearish report, “SK Hynix. DRAM To The Rescue,” highlights the challenges faced by the company, particularly in the NAND segment, despite improvements in DRAM profitability.


A look at SK Hynix Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth2
Resilience3
Momentum5
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

SK Hynix Inc., a company deeply rooted in the electronic components industry, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a strong momentum score of 5, the company seems to be on a path of steady growth and dynamic performance. Furthermore, SK Hynix displays resilience with a score of 3, indicating its ability to navigate through challenges and maintain stability. While its value, dividend, and growth scores sit at 2, the company’s overall outlook appears positive.

SK Hynix Inc. is a key player in the semiconductor manufacturing space, specializing in a range of memory chips such as DRAM, NAND flash, and SRAM. Despite some areas of improvement highlighted by the Smart Scores, the company’s robust momentum and resilience scores bode well for its future performance in the electronic components industry. Investors may find SK Hynix to be an interesting prospect for long-term investment, considering its strong position in the market and potential for growth.


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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Hitachi Construction Machinery (6305) Earnings: 4Q Net Income Misses Estimates Despite Shares Rising

By | Earnings Alerts
  • Hitachi Construction’s net income for the 4th quarter missed estimates, reaching 22.22 billion yen lower than the estimated 22.81 billion yen.
  • The net sales too missed the mark slightly, totalling 385.56 billion yen, with the estimated figure standing at 386.12 billion yen.
  • Despite these results, the shares rose by 2.4 %, to 4,658 yen with 987,600 shares traded on the market.
  • The overall market sentiment remained positive, with 8 buy ratings, 6 hold ratings, and surprisingly no sell ratings.

A look at Hitachi Construction Machinery Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE3.8

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

Hitachi Construction Machinery Co., Ltd. is positioned for a positive long-term outlook based on its Smartkarma Smart Scores. With strong ratings in Growth and Momentum, the company demonstrates potential for future expansion and a positive market performance. The high score in Dividend also indicates a commitment to rewarding shareholders, enhancing its attractiveness for investors seeking income. However, the lower score in Resilience suggests some vulnerability to economic fluctuations, which investors should consider when evaluating the stock.

Hitachi Construction Machinery, a subsidiary of Hitachi, Ltd., specializes in developing, manufacturing, and selling construction machinery globally. Their diverse product range, which includes excavators, cranes, loaders, and bulldozers, highlights their presence across various sectors of the construction industry. Overall, with a solid foundation in place and strong Growth and Momentum scores, Hitachi Construction Machinery shows promise for sustained growth 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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Waste Management 1Q Earnings Soar, Adjusted EPS Beat Estimates by a Strong Margin

By | Earnings Alerts
  • WM delivered a strong Q1 performance with an adjusted EPS of $1.75, a considerable beat compared to the estimated $1.51 and last year’s $1.31.
  • The operating revenue for the quarter was $5.16 billion, a 5.5% increase year on year. However, this fell below the estimated $5.22 billion.
  • The collection revenue hit $3.62 billion, marking a 7.2% rise compared to the same quarter last year, although it didn’t meet the estimated revenue of $3.79 billion.
  • Landfill revenue also surged by 2.2% year on year, reaching $1.18 billion, which was slightly less than the estimate of $1.21 billion.
  • Transfer revenue grew by 3.7% compared to last year reaching $560 million. However, it fell short of the estimated $571 million.
  • Recycling revenue noted a modest 2.8% increase with $368 million, still below the projected $422.2 million.
  • Adjusted operating EBITDA for the quarter was robust at $1.53 billion, a 15% increase year on year, and higher than the projected $1.48 billion.
  • The adjusted operating EBITDA margin was 29.6%, higher than the estimated 28.2% and last year’s 27.2%.
  • A major surge was recorded in free cash flow at $714 million, which is an 81% increase year on year, and considerably higher than the estimated $391.3 million.
  • The analysts’ consensus pointed towards more positive assessments with 10 buys, 11 holds, and only 1 sell.

Waste Management on Smartkarma

Waste Management, Inc. has been under the analyst spotlight on Smartkarma, with coverage from Baptista Research shedding light on the company’s recent performance and outlook. In one report, titled “Waste Management Inc.: Is There A Negative Impact Of Inflation and The Changing Dynamic Of Sustainability-Related Capital Expenditures? – Major Drivers,” the analyst notes the company’s strong end to 2023, highlighted by a 15% increase in fourth quarter operating EBITDA. Despite exceeding full-year guidance, uncertainties surrounding economic conditions pose potential risks moving forward.

Another report, titled “Waste Management: Recycling Tech Transforms Business! Inside their Next-Gen Sustainability Approach! – Major Drivers,” highlights Waste Management‘s mixed quarterly results. While revenues fell short of market expectations, the company outperformed in earnings, driven by solid waste business resilience. Positive organic revenue growth in collection and disposal, alongside encouraging trends in commercial and special waste volumes, underscore the company’s operational strengths in navigating evolving market dynamics.


A look at Waste Management Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.0

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

Waste Management, Inc., a leading provider of waste management services in North America, exhibits a mixed outlook based on Smartkarma Smart Scores. With solid momentum and strong growth potential, the company seems poised for substantial long-term advancement. The high momentum score reflects the company’s ability to maintain an upward trend in performance, indicating a positive market sentiment. Additionally, the impressive growth score underscores Waste Management‘s potential for expansion and development within the waste management industry.

However, the company’s scores in value, dividend, and resilience are more moderate, suggesting areas for potential improvement. While not scoring as high in these categories, Waste Management still maintains a sturdy foundation due to its established market presence and diverse customer base. Overall, Waste Management‘s Smart Scores indicate a promising future outlook predominantly driven by its growth prospects and strong momentum in the 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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Wal-Mart de Mexico SAB de CV (WALMEX*) Exceeds Earnings Expectations with 1Q Net Income and Revenue Surges

By | Earnings Alerts
  • Walmex’s net income for the 1st quarter surpassed estimates, reaching MXN13.18 billion compared to the projected MXN12.93 billion.
  • Revenue also exceeded expectations at MXN226.19 billion, over the estimated MXN223.4 billion.
  • The basic earnings per share (EPS) was slightly more than anticipated, at MXN0.76 versus the estimated MXN0.75.
  • Operating income stood at MXN19.17 billion, higher than the forecasted MXN18.7 billion.
  • Regarding stock recommendations, there were 12 buys, 6 holds, and only 1 sell on Walmex’s shares.

A look at Wal-Mart de Mexico SAB de CV Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience4
Momentum2
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

Analysts using the Smartkarma Smart Scores have provided insights into the long-term outlook for Wal-Mart de Mexico SAB de CV. With a strong Dividend score of 4, the company shows promise in rewarding its investors. Additionally, a Resilience score of 4 indicates the company’s ability to withstand economic challenges. However, with a Value score of 2 and Momentum score of 2, there may be areas for improvement in terms of valuation and market momentum. The Growth score of 3 suggests moderate potential for expansion in the future.

Wal-Mart de Mexico SAB de CV, a retail giant, operates a variety of store formats including Wal-Mart Supercenters, Sam’s Club outlets, Bodega discount stores, and Superama supermarkets. This diverse portfolio positions the company well in the retail sector, catering to a wide range of consumer needs and preferences.


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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Tyler Technologies (TYL) Earnings Exceed Expectations: Strong Q1 Results with Adjusted EPS Beating Estimates

By | Earnings Alerts
  • Tyler Tech reported an adjusted EPS of $2.20 for Quarter 1, exceeding the previous year’s $1.76 and an estimated $2.04.
  • The total revenue for the period was marked at $512.4 million, surpassing an estimate of $455.1 million.
  • Software Licenses & Royalties revenue saw a decline of 14% year on year, amounting to $8.73 million, coming slightly under the approximated $9.33 million.
  • Subscription revenue showed an increase of 12% year on year, racking up $313.2 million, slightly undershooting an estimate of $315.8 million.
  • Maintenance revenue also saw a rise, growing at 1.8% year on year and hitting $117.2 million which is higher than the estimated $113.7 million.
  • Hardware & Other revenue observed a notable increase of 61% year on year, standing at $8.36 million, higher than an estimate of $6.55 million.
  • Professional services revenue similarly rose, with a year on year increase of 6.4%, culminating in $64.8 million, marginally better than the estimated $63.5 million.
  • Overall, the company received 15 buy ratings, 4 hold ratings and no sell ratings.

Tyler Technologies on Smartkarma

Analyst coverage of Tyler Technologies on Smartkarma has been positive, with reports indicating promising growth prospects. Baptista Research‘s report titled “Tyler Technologies: Growing Cloud Transactions & 5 Key Growth Catalysts! – Financial Forecasts” highlights the company’s strong Q4 results, marking a successful end to 2023. The report emphasizes Tyler’s progress in its cloud transition, with earnings and cash flow exceeding expectations. Notably, recurring revenues grew by 8%, representing 84% of total revenues.

In another report by Baptista Research, “Tyler Technologies Inc.: Can The Acquisition Of ARInspect Be A Game Changer? – Major Drivers,” the analysis discusses mixed results in the previous quarter, attributing the revenue shortfall to analyst consensus. However, the report points out a significant increase in the recurring revenue mix to 83.4%, driven by a notable 26% organic growth in SaaS revenues. Additionally, Tyler’s expansion through securing contracts with entities like the Naperville Police Department demonstrates its growing presence in the public safety market.


A look at Tyler Technologies Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth3
Resilience3
Momentum4
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

Analysts utilizing the Smartkarma Smart Scores for Tyler Technologies foresee a promising long-term outlook based on the company’s overall assessment. With a strong momentum score of 4, Tyler Technologies is showing positive signs of growth and stability. Its resilience score of 3 highlights the company’s ability to withstand market fluctuations, while the growth score of 3 indicates potential for future expansion. Although the value score is rated at 2 and the dividend score at 1, the company’s strengths in momentum, resilience, and growth are key factors to consider for investors looking towards the future.

Tyler Technologies, Inc. stands as a provider of comprehensive information management solutions for local governments in various regions including the United States, Canada, Puerto Rico, and the United Kingdom. As indicated by its Smart Scores, the company exhibits strengths in momentum and resilience, suggesting a solid foundation for continued growth and stability 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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