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Earnings Alerts

Associated British Foods (ABF) Earnings Go Beyond Expectations: Substantial Increase in 1H Adjusted Operating Profit

By | Earnings Alerts
  • AB Foods’ adjusted operating profit increased by 39% year over year to GBP951 million, beating the estimate of GBP823 million.
  • The retail adjusted operating profit was recorded at GBP508 million, a surge of 45% y/y, surpassing the forecast of GBP476.9 million.
  • Grocery adjusted operating profit rose by 33% y/y to GBP230 million, outperforming the anticipated GBP202 million.
  • The sugar unit’s adjusted operating profit grew by 29% y/y to GBP125 million, exceeding the estimate of GBP108.6 million.
  • Although the agriculture adjusted operating profit climbed to GBP14 million, up 17% y/y, it fell short of the GBP15.7 million forecast.
  • Ingredients adjusted operating profit saw a rise of 15% y/y to GBP117 million, beating the GBP99.1 million prediction.
  • Adjusted pretax profit jumped up by 37% y/y, hitting GBP911 million, outdoing its GBP796.7 million estimate.
  • The interim dividend per share increased to 20.7p from 14.2p y/y, which is higher than the estimated 16.8p.
  • Revenue saw a minor increase of 1.8% y/y and was recorded at GBP9.73 billion, slightly less than the GBP9.83 billion estimated.
  • While the retail revenue saw growth of 6.4% y/y to GBP4.50 billion, it didn’t meet the estimated GBP4.55 billion.
  • The sugar unit revenue rose marginally by 0.2% y/y to GBP1.17 billion, lower than the GBP1.25 billion estimate.
  • The estimated sales growth at constant FX was +7.53%, but the actual retail sales at constant FX were slightly lower at +7.5%.
  • AB Foods mentioned aiming for a total of 530 Primark stores by 2026, an increase from the current 440 stores.
  • AB Foods also anticipates a “moderate improvement” in the adjusted operating margin in Primark in the second half of the year in comparison to the first half.
  • Furthermore, they expect sugar unit to show substantial improvement in profitability resulting from a more typical beet crop and production level.

A look at Associated British Foods Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.6

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

Associated British Foods PLC, a diversified international food, ingredients, and retail group, shows a promising long-term outlook according to Smartkarma Smart Scores. With a Growth score of 5 and a Momentum score of 5, the company is positioned well for future expansion and market performance. Additionally, a Value score of 3 indicates a decent valuation, while a Resilience score of 3 suggests the company’s ability to navigate challenges effectively.

The company’s wide geographical presence across China, South America, Africa, Europe, Australia, New Zealand, Asia, and the United States provides a strong foundation for sustained growth. Although the Dividend score is at 2, signaling room for improvement in this aspect, the overall positive outlook based on the Smart Scores highlights Associated British Foods as a potentially lucrative investment for long-term investors.


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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Anglo American (AAL) Earnings: 1Q Diamond Production Falls Short, Despite Growth in Other Sectors

By | Earnings Alerts

Anglo American‘s first quarter diamond production fell short of estimates, reaching only 6.9 million carats instead of the projected 7.12 million.

• Despite this, the company’s copper production exceeded expectations with 198,000 tons, surpassing the estimate of 191,308.

• However, Platinum Group Metals production was lower than predicted, at 834,000 oz instead of the expected 850,661, based on two estimates.

• The company saw an increase in Steelmaking coal production by 7%, resulting from the performance of the Aquila longwall and Capcoal open cut operations.

• De Beers, part of the Anglo American group, made changes to decrease its diamond production for the year by around 3 million carats.

• This reduction, coupled with lower production in the PGM operations, led to no substantial change in overall production for the group compared to the same period last year.

• Current projected market consensus for Anglo American shows 13 buys, 9 holds, and 1 sell.


A look at Anglo American Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth2
Resilience3
Momentum5
OVERALL SMART SCORE3.2

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

Analysts utilizing the Smartkarma Smart Scores see a promising long-term outlook for Anglo American. With a solid momentum score of 5, the company is showing strong potential for future growth. This is complemented by respectable scores in value, dividend, and resilience, all standing at 3. While growth may have received a slightly lower score at 2, the overall picture remains positive for Anglo American.

As a global mining giant, Anglo American PLC boasts a diverse mining portfolio encompassing a wide range of commodities across multiple continents. The company’s operations span Africa, Europe, North and South America, Asia, and Australia, highlighting its extensive reach and presence in key mining regions 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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OBIC Co Ltd (4684) Earnings: FY Operating Income Forecast Falls Short of Expectations

By | Earnings Alerts
  • Obic’s operating income forecast for the fiscal year fell short of estimates, with a projection of 78.00 billion yen against a predicted 79.76 billion yen.
  • The company’s anticipated net income sits at 63.00 billion yen, slightly overshadowing predictions of 62.5 billion yen
  • Net sales are projected to be 122.80 billion yen, which is less than the estimate of 123.48 billion yen
  • Obic anticipates a dividend of 320.00 yen, falling short of the forecasted 336.00 yen
  • For the fourth quarter, the operating income was 17.41 billion yen, a year-on-year increase of 11%, but less than the anticipated 17.82 billion yen.
  • Net income was announced to be 14.46 billion yen for the same quarter, increasing 18% year-on-year, and beating the estimate of 13.29 billion yen
  • Net sales for the fourth quarter were reported at 28.01 billion yen, a 9.2% increase from the same period last year, however, this was lower than the estimate of 28.41 billion yen
  • Out of 13 evaluations, Obic received 5 buys, 6 holds, and 2 sells

A look at OBIC Co Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience5
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

OBIC Co Ltd, a company specializing in computer system integration and office automation services for small to medium-sized businesses, has received a mixed outlook based on the Smartkarma Smart Scores. While scoring well in terms of resilience, the company has average scores for its value, dividend, growth, and momentum factors. This indicates that OBIC Co Ltd is positioned strongly to withstand economic uncertainties, but may face challenges in terms of value appreciation, dividend yield, growth potential, and market momentum.

Despite the diverse range of services offered by OBIC Co Ltd, including consultation, system support, and software development, investors may need to carefully evaluate the company’s overall performance and potential for future growth. The Smartkarma Smart Scores highlight areas where OBIC Co Ltd excels and areas that may require attention, providing investors with valuable insights to make informed investment decisions.


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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JM AB (JM) Earnings Report: 1Q Pretax Profit Misses Estimates While Revenue Surpasses Expectations

By | Earnings Alerts
  • Pretax profit of JM for the first quarter was reported at SEK128 million, which did not meet the estimated SEK136.1 million.
  • The company made an impressive revenue of SEK3.03 billion, which surpassed the estimated SEK2.86 billion.
  • The number of residential units sold by the company was confirmed to be 480.
  • On the other hand, the number of housing starts reported by the company was 145.
  • Operating profit for JM was a noteworthy SEK160 million, which exceeded the estimated SEK150 million.
  • The number of buys, holds, and sells were 4, 2, and 2 respectively.

A look at JM AB Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
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

When looking at the Smartkarma Smart Scores for JM AB, the company seems to have a mixed long-term outlook. With a high score in Dividend and a good score in Value and Momentum, JM AB appears to be a company that provides solid returns to its shareholders. However, with lower scores in Growth and Resilience, there may be challenges ahead in terms of expanding its business and weathering potential economic downturns. Overall, JM AB‘s focus on managing property and constructing buildings seems to be well-received by investors.

Based on the provided Smart Scores, JM AB‘s strengths lie in providing dividends to its investors and being perceived as a valuable investment. However, there may be room for improvement in terms of growth opportunities and resilience to market fluctuations. Investors may want to consider these factors when evaluating JM AB‘s potential for long-term growth and stability in the property and construction sector.

Summary of the companyez- JM AB manages property and constructs buildings. The Company projects, builds and markets single-family housing, apartment houses and office buildings. JM owns and manages commercial buildings primarily in and around the cities of Stockholm, Gothenburg, Malmo and Uppsala in Sweden. The Company also owns properties in Norway, Belgium and Portugal.


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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Renault SA (RNO) 1Q Earnings Outperform Estimates; Automotive Revenue and Global Vehicle Sales Show Promise

By | Earnings Alerts
  • Renault’s 1Q revenue stood at EU11.71 billion, indicating an increase of 1.8% year on year (y/y), outpacing the estimated EU11.43 billion.
  • The automotive revenue, however, decreased by 0.7% y/y to come in at EU10.45 billion, a slight jump over the estimated EU10.35 billion.
  • Global vehicle sales rose by 2.6% y/y, totaling 549,099 units.
  • Despite the scenario, Renault maintains its year forecast, still anticipating the operating margin to reach at least 7.5%, nearly in line with the estimated 7.55%.
  • The company also reiterates its prediction for free cash flow of at least EU2.5 billion, compared to the forecasted EU2.62 billion.
  • The firm’s CFO implies that with a strong order book ending in March and upcoming product launches, sequential acceleration in activity is expected. This, coupled with cost reduction, would boost the financial performance.

A look at Renault SA Smart Scores

FactorScoreMagnitude
Value5
Dividend2
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.6

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

Renault SA, a company known for designing, manufacturing, and marketing both passenger cars and light commercial vehicles, has an overall positive long-term outlook based on the Smartkarma Smart Scores. With a strong score of 5 in the Value category, Renault SA is perceived to offer good value for investors. This indicates that the company’s stock may be currently undervalued relative to its intrinsic worth. Furthermore, the high score of 5 in Momentum suggests that Renault SA has shown strong positive momentum in its stock price, which could potentially indicate continued upward movement.

In terms of growth potential, Renault SA received a solid score of 4, indicating that the company is well-positioned for future growth opportunities. However, its scores of 2 in both Dividend and Resilience suggest that the company’s dividend payouts and overall resilience may not be as strong as some of its other factors. Despite these lower scores, the positive outlook on value, growth, and momentum bodes well for Renault SA‘s future performance 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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Analyzing Northern Star Resources (NST) Earnings: 3Q Gold Sales Volume and Investment Opportunities

By | Earnings Alerts
  • Total gold sales volume for Northern Star in 3Q was 400,825 oz.
  • All-in sustaining costs per oz were A$1,844.
  • The company received 11 buy ratings, 6 hold ratings, and 1 sell rating from analysts.

A look at Northern Star Resources Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience3
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

Looking ahead, Northern Star Resources is positioned to potentially see positive growth and momentum in the long term. With Smartkarma Smart Scores indicating solid momentum at 4, the company shows promising signs of continued expansion and performance. Additionally, its value, growth, and resilience scores at 3 suggest a stable foundation for future development. While the dividend score is at 2, indicating room for improvement in this area, Northern Star Resources‘ overall outlook appears favorable for potential investors.

Northern Star Resources Ltd, a company specializing in the mining and production of gold, maintains a presence in both Australia and North America. With a strong focus on manufacturing precious metals, the company’s performance is reflected in its Smartkarma Smart Scores, showcasing a balance of value, growth, resilience, and notable momentum. This suggests that Northern Star Resources holds promising prospects for long-term investment opportunities.


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

By | Earnings Alerts
“`

  • Brambles reports 9-month sales revenue from continuing operations at $4.87 billion.
  • CHEP Americas, a Brambles company, sees a 6% increase in sales revenue at constant FX.
  • CHEP EMEA, another Brambles enterprise, shows an 8% hike in sales revenue at constant FX.
  • CHEP Asia-Pacific, also part of Brambles, records a 10% boost in sales revenue at constant FX.
  • The stock of Brambles currently holds 8 buy ratings, 3 hold ratings, and 4 sell ratings.

“`


A look at Brambles Ltd 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

Brambles Ltd, a global support services group, is poised for a promising long-term outlook based on the Smartkarma Smart Scores. With a strong focus on growth and momentum, the company is positioned to expand its market presence and capitalize on emerging opportunities. Its above-average scores in Growth and Momentum indicate an upward trend in performance, reflecting a positive trajectory for future profitability and success.

Although Brambles Ltd shows strength in growth and momentum, there may be room for improvement in other areas like value and resilience. With average scores in Value and Resilience, the company could potentially enhance its financial attractiveness and operational stability. Overall, Brambles Ltd‘s strategic position in providing pallet and plastic container pooling services gives it a unique advantage in the market, with opportunities to strengthen its offerings and drive long-term value for investors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Exploring GCARSOA1 Earnings: Grupo Carso Sab De Cv (GCARSOA1) Reports 1Q Net Income of MXN3.02B

By | Earnings Alerts
  • Grupo Carso reported a net income of MXN3.02 billion in the 1st quarter of 2024.
  • The company’s revenue for the same period reached a noteworthy figure of MXN46.07 billion.
  • The operating income stood at MXN5.52 billion.
  • Regarding stock recommendations, there was 1 buy, 1 hold, and 3 sells associated with Grupo Carso.

A look at Grupo Carso Sab De Cv Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
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

Grupo Carso SAB de CV, a conglomerate with a diverse portfolio in construction, retail, and industrial materials, is positioned for a promising long-term outlook based on its Smartkarma Smart Scores. With a solid score of 4 for Growth and Resilience, the company demonstrates robust potential for expansion and ability to weather economic uncertainties. Additionally, its Value score of 3 indicates a favorable valuation relative to its peers. While the Dividend and Momentum scores are more moderate at 2, the overall outlook for Grupo Carso Sab De Cv remains optimistic, supported by its strong performance in growth and resilience.

Grupo Carso SAB de CV, known for its involvement in construction, retail, and industrial materials sectors, has garnered notable Smartkarma Smart Scores across various factors. The company’s emphasis on oil platform construction, shopping centers, industrial facilities, and corporate buildings has contributed to its Growth score of 4. Furthermore, with a Resilience score of 4, Grupo Carso appears well-positioned to navigate challenges and sustain its operations effectively. While its Dividend and Momentum scores are more conservative at 2, the overall outlook for the company appears promising, pointing towards continued growth and stability 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.
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Brown & Brown (BRO) Earnings Exceed Estimates with 1Q Adjusted EPS and Revenue Rise

By | Earnings Alerts
  • Adjusted EPS was $1.14 for Brown & Brown in 1Q, which was an improvement from 84c y/y, and beat the estimated $1.04.
  • Organic revenue was shown to have grown by +8.6%, over the estimated +6.55%.
  • The revenue for the first quarter was $1.26 billion, a growth of +13% y/y, over the estimated $1.22 billion.
  • EBITDAC margin was at 36.9%, an improvement from 34.9% y/y.
  • Compensation expenses were at $631 million, a climb of +10% y/y, which was more than the estimated $607.3 million.
  • Analyst consensus consisted of 6 buys, 5 holds and 2 sells.

A look at Brown & Brown Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum5
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, Brown & Brown shows a promising long-term outlook. With a solid Growth score of 4 and a top-notch Momentum score of 5, the company appears to be positioned well for expansion and market performance. Moreover, its Resilience score of 3 signifies a moderate ability to weather economic uncertainties, enhancing its stability. Although the Value and Dividend scores are on the lower side at 2 each, the company’s focus on growth and market momentum bodes well for its future prospects.

Brown & Brown, Inc., known for offering insurance and reinsurance products along with risk management and healthcare services, is strategically positioned to capitalize on growth opportunities. With a nationwide presence in the United States through its various offices, the company is poised to leverage its strong Growth and Momentum scores to drive its business forward in the long term, supported by its moderate Resilience score. While there is room for improvement in Value and Dividend scores, the overall outlook for Brown & Brown seems optimistic based on its Smartkarma Smart Scores.


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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Nucor Corp (NUE) Earnings Miss Estimates in Q1 Results: A Comprehensive Review

By | Earnings Alerts
  • Nucor’s 1Q EPS was $3.46, which did not meet the estimated $3.60.
  • The company reported net sales of $8.14 billion, surpassing the estimate of $8.02 billion.
  • The average scrap and scrap substitute cost per gross ton was $421, higher than the estimated $399.58.
  • Sales tons to outside customers were lower than anticipated, at 6.22 million compared to the expected 6.41 million.
  • The Q2 outlook for 2024 projects a decrease in earnings compared to Q1.
  • The current consensus among analysts is 8 buys, 5 holds, and 3 sells for Nucor stock.

Nucor Corp on Smartkarma

Analyst coverage of Nucor Corp on Smartkarma by Baptista Research showcases a positive outlook on the company’s growth trends. In the report titled “Nucor Corporation: What Do The Growth Trends Look Like? – Major Drivers,” the analyst highlights Nucor’s robust financial performance in 2023. With earnings per share of $3.16 in Q4 2023 and an annual EPS of $18, Nucor has demonstrated commendable performance. The company’s net earnings over the past three years have surpassed the cumulative net earnings of the previous 20 years, indicating a strong financial trajectory.


A look at Nucor Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
Resilience4
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

Assessing Nucor Corp‘s long-term prospects using the Smartkarma Smart Scores reveals a promising outlook. With a strong score in Growth (5), the company is poised for significant expansion and development in the future. Its Resilience (4) and Momentum (4) scores indicate a stable and rapidly advancing performance in the market. Additionally, Nucor scores well in Value (3), suggesting that it is reasonably priced with good potential for further growth. However, the company ranks lower in Dividend (2), indicating that it may not be the most attractive option for income-seeking investors.

Nucor Corporation, a steel manufacturing company, is known for producing a variety of steel products including carbon and alloy steel, steel joists, steel deck, cold finished steel, and more. In addition to its manufacturing activities, Nucor engages in brokering ferrous and nonferrous metals, processing scrap, and supplying ferro-alloys. The company’s positive Smart Scores in Growth, Resilience, and Momentum suggest a bright future ahead, supported by its strong market position and product diversity.


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