Category

Earnings Alerts

Taiwan Semiconductor (TSMC) (2330) Earnings: 1Q Net Income Surpasses Estimates; Review and Analysis

By | Earnings Alerts

• TSMC’s net income for the first quarter came in at NT$225.5 billion, showing a 9% year-on-year increase and surpassing estimates of NT$214.91 billion.

• The company’s gross margin was 53.1%, a slight increase from the previous quarter’s 53% and also above the estimated 53%.

• TSMC’s operating profit for the quarter was NT$249.02 billion, a 7.7% growth from last year and better than the expected NT$240.87 billion.

• The operating margin stood at 42%, slightly higher than the previous quarter’s 41.6% and the estimated 41.4%.

• Sales for the quarter reached NT$592.64 billion, marking a 17% year-on-year rise and beating the estimate of NT$583.46 billion.

• Quarter 1 saw the company’s capita expenditure (Capex) at a high of $5.77 billion.

• The current market sentiment around TSMC is mostly positive, with 34 buys, 1 hold, and no sells.


Taiwan Semiconductor (TSMC) on Smartkarma

Analysts on Smartkarma have provided positive coverage on Taiwan Semiconductor (TSMC). William Keating highlights how TSMC secured $6.6 billion in US CHIPS Act funding and plans to build a third fab in Arizona by 2030, reinforcing their strong financial performance in comparison to Intel. Patrick Liao‘s insights focus on the $6.6 billion deal between the US Department of Commerce and TSMC Arizona, minimal revenue impact from recent earthquakes, and updates on TSMC’s Japanese fabs. Additionally, Liao anticipates TSMC to receive around $5 billion from the US Chip Act, with optimistic outlooks for future growth and technology adoption. Vincent Fernando, CFA mentions TSMC’s increased capex orders in response to rising demand, along with other developments in Taiwan’s tech scene such as Nvidia’s conference and Samsung’s potential NAND flash price hike.


A look at Taiwan Semiconductor (TSMC) Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
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, Taiwan Semiconductor (TSMC) shows promising long-term potential. With a Growth score of 4 and a Resilience score of 4, the company is positioned well for future expansion and able to withstand market challenges. Furthermore, TSMC shines in Momentum with a score of 5, indicating strong positive market trends.

Despite average scores in Value and Dividend at 2 each, TSMC’s overall outlook remains positive due to its robust Growth, Resilience, and Momentum scores. The company’s diversified services, including wafer manufacturing and design services, cater to a wide range of industries such as technology, communication, and automotive sectors.

Summary: Taiwan Semiconductor Manufacturing Company, Ltd. manufactures and markets integrated circuits, offering services in wafer manufacturing, design services, and more. Their ICs find application in various industries like technology, communication, automotive, and others.


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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Danone SA (BN) Earnings Report: 1Q Like-For-Like Sales Surpass Estimates

By | Earnings Alerts
  • Danone’s like-for-like sales for the first quarter have exceeded estimates with a growth of 4.1%, beating the projection of 3.52%.
  • The Essential Dairy & Plant-based sector reported like-for-like sales growth of 3%, surpassing the forecast of 2.93%.
  • Specialized Nutrition also witnessed growth in like-for-like sales by 3.8%, exceeding the 3.43% estimate.
  • Waters had the highest like-for-like sales increase of 8.1%, beating the 5.52% estimate.
  • The volume/mix index grew by 1.2%, surpassing the estimate of 0.89%.
  • Price increases contributed to 2.9% of the sales, beating the projected 2.66%.
  • The impact of Forex on sales was lower than expected, at -3.2%, compared to the anticipated -3.79%.
  • The overall sales for the quarter were EU6.79 billion, representing a 2.5% year-on-year reduction, but still surpassing the estimate of EU6.6 billion.
  • Despite a 7.8% year-on-year drop, Essential Dairy & Plant-based sales reached EU3.47 billion, beating the estimate of EU3.43 billion.
  • Specialized Nutrition sales hit EU2.18 billion, recording a 1.9% year-on-year growth and beating the estimated EU2.08 billion.
  • Waters sales achieved EU1.13 billion, marking a 7.7% increase year-on-year, and exceeding the estimated EU1.06 billion.
  • Danone maintains its forecast for like-for-like sales growth between 3% to 5%, beating the 3.82% estimate.
  • The company still anticipates a “moderate improvement” in its recurring operating margin for the full-year 2024.

A look at Danone SA Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, Danone SA seems to have a positive long-term outlook. The company scored well in areas such as Dividend and Momentum, indicating strength in these aspects. With a solid score in Dividend, investors may find Danone SA attractive for potential income generation. Additionally, the Momentum score suggests that the company has been performing well recently, which could bode well for its future growth.

Although the Value, Growth, and Resilience scores for Danone SA are moderate, the company’s overall outlook remains stable. As a food processing company known for producing a diverse range of products including dairy, beverages, baby food, and clinical nutrition items, Danone SA‘s resilience in the market is evident. While there may be room for improvement in certain areas, the company’s strong performance in Dividend and Momentum could drive positive results 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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EQT Earnings Meet Estimates: Assets Under Management Surge 11% YoY Amid Strong Performance of Key Funds

By | Earnings Alerts
  • Assets under management (AUM) for EQT have hit EU132 billion, marking an increase of 11% year on year, compared with the estimated EU131.78 billion.
  • Total investments for EQT have declined by 20% year on year to EU4 billion.
  • Total gross fund exits remain stable, standing at EU1 billion, the same as the previous year.
  • All of EQT’s ten Key funds are reported to be performing on or above plan.
  • EQT Active Core Infrastructure is in exclusive acquisition talks with the Ocea Group, a top French provider of water and heat submetering infrastructure.
  • An agreement has been signed by EQT Mid Market Europe to sell Rimes; a foremost enterprise in managing investment industry data.
  • Fundraisings are said to be taking more time in the current environment, and a significant improvement in the fundraising market is expected once realizations significantly increase across private markets.
  • EQT’s current ratings stand at 8 buys, 6 holds, and 1 sell according to the provided comments.

A look at EQT Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth2
Resilience3
Momentum4
OVERALL SMART SCORE2.4

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

With a mixed bag of Smart Scores, EQT’s long-term outlook appears to have a blend of strengths and weaknesses. While the company scores well on momentum and resilience, with a score of 4 and 3 respectively, indicating a positive trend and stable performance, its value and growth scores are moderate at 2 each. Additionally, EQT lags behind in terms of dividends with a score of 1. This suggests that while the company shows promising momentum and resilience, investors may need to carefully consider its value and growth prospects.

EQT AB, an investment firm with a global presence, focuses on ventures across equity, infrastructure, and real estate properties. Despite its diverse investment portfolio, EQT’s Smart Scores paint a picture of a company with varying performance levels across different factors. Investors looking at EQT for the long term may need to weigh the company’s strong momentum and resilience against its weaker value, growth, and dividend scores 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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Analyzing Sartorius Stedim Biotech (DIM) Earnings: Surging 1Q Orders Reach EU676.3 Million

By | Earnings Alerts
  • Sartorius Stedim recorded 1Q orders valued at EU676.3 million.
  • The underlying Ebitda of Sartorius Stedim recorded EU191.0 million.
  • The current analysis of the company shows 6 buys, 5 holds, and 3 sells.

A look at Sartorius Stedim Biotech Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience2
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

Investors looking at the long-term outlook for Sartorius Stedim Biotech may find the company’s performance promising, according to Smartkarma Smart Scores. With a strong Momentum score of 4 indicating positive market trend, Sartorius Stedim Biotech seems to be gaining traction and investor interest. Additionally, the company has scored a Growth rating of 3, suggesting potential for expansion and development in the future. While some areas such as Value, Dividend, and Resilience have room for improvement, the overall outlook for Sartorius Stedim Biotech appears optimistic.

Sartorius Stedim Biotech, a company specializing in developing and manufacturing laboratory technologies for various industries, including pharma and food sectors, as well as public research institutes, showcases a mix of performance indicators based on Smartkarma Smart Scores. Despite having varying scores across different factors such as Value, Dividend, and Resilience, Sartorius Stedim Biotech stands out with a robust Momentum score of 4, pointing towards a positive market trend. With a focus on growth (score of 3), the company seems poised for potential expansion in the long run, reflecting a promising outlook for investors considering this biotech player.


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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Edenred (EDEN) Earnings: 1Q Operating Revenue Surges by 19%, Exceeds Estimates

By | Earnings Alerts
  • Edenred‘s operating revenue meets estimates with EU625 million, marking a 19% year-on-year increase.
  • Revenue for benefits and engagement were EU408 million, surpassing estimates by 0.5% and indicating a 26% annual growth.
  • Mobility operating revenue saw a year-on-year increase of 10% to total EU150 million, missing estimates slightly.
  • Operating revenue for complementary solutions saw a small increase of 1.5% year-on-year to EU67 million, which was below estimated figures.
  • Edenred‘s like-for-like (LFL) operating revenue increased by 16.9%, surpassing the estimate of 14.6%.
  • The company’s LFL benefits and engagement operating revenue grew by 17.1%, exceeding the estimated growth of 13.6%.
  • Like-for-like mobility operating revenue saw a surge by 23.2%, significantly outperforming the estimated growth of 15.9%.
  • Complementary solutions revenue increased by 2.9% on a like-for-like basis, however, this was lower than the estimated growth of 12.5%.
  • Edenred‘s total revenue increased by 21% year-on-year to hit the EU685 million mark, surpassing estimates.
  • The company’s like-for-like (LFL) revenue saw a healthy growth of 20.5%, beating the estimated 16.7% increase.
  • Edenred remains optimistic its organic EBITDA will still be above +12% for the full year.
  • Despite challenges, Edenred still foresees a free cash flow to EBITDA conversion rate above 70% for this financial year.

A look at Edenred Smart Scores

FactorScoreMagnitude
Value0
Dividend3
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE2.2

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

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Edenred, a provider of prepaid vouchers for a variety of products and services, presents a mixed long-term outlook based on the Smartkarma Smart Scores. While the company demonstrates decent scores in areas such as Dividend, Growth, and Momentum, there are areas of concern such as Value and Resilience. The Dividend and Growth scores indicate promising aspects for potential investors, suggesting a stable dividend income and growth opportunities. The Momentum score also highlights positive market trends favoring the company. However, the lower scores in Value and Resilience indicate areas that may require attention for long-term sustainability and competitive positioning.

Overall, with a focus on rewarding employees and loyal customers through vouchers for restaurant meals, childcare, and various products and services, Edenred‘s strategic approach aligns with its current Smart Scores. Investors may consider a balanced view of the company’s strengths and weaknesses reflected in the scores to make informed decisions regarding their long-term investment strategies.

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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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Sartorius AG (SRT) Earnings: 1Q Adjusted EBITDA Misses Estimates Despite Predicted Business Momentum Increase

By | Earnings Alerts
  • Adjusted EBITDA for Sartorius in the first quarter was EU234 million, missing the estimated EU240 million.
  • The Adjusted EBITDA margin was 28.6%, slightly higher than the estimated 28.3%, but down compared to 30.1% year-on-year.
  • The Adjusted net income came in at EU69.9 million, a decline of 40% year-on-year and lower than the estimated EU74.2 million.
  • Sartorius reported orders of EU826.3 million, marking an 8% increase year-on-year.
  • Sales decreased by 9.2% year-on-year to EU819.6 million, falling short of the estimated EU859 million.
  • For the year, Sartorius expects the adjusted Ebitda margin to be above 30%, in line with the estimate of 30.7%.
  • The capital expenditure as a percentage of revenue is projected to be around 13% for the year.
  • Sales are anticipated to increase in the mid to high single-digit percentage range in 2024 as confirmed by the management.
  • Sartorius’ management still sees a moderate first half of 2024, with increasing business momentum expected throughout the year.
  • The CEO of Sartorius, Joachim Kreuzburg, has confirmed these forecasts, stating they saw a subdued start to the financial year with a mixed overall outlook in the first quarter.

A look at Sartorius AG Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience2
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

Investors looking at Sartorius AG for the long-term may find a mixed bag of Smart Scores, with the company scoring a 4 in Momentum, indicating strong positive price trends. With a score of 3 in Growth, Sartorius AG shows promising potential for expansion in the future. However, the company scored lower in other areas, with a 2 in Value, Dividend, and Resilience. This suggests that Sartorius AG may not be currently seen as a value investment and may have limited dividend payouts and resilience to economic fluctuations.

Sartorius AG, a manufacturer of precision electronic equipment and components, focuses on producing scales for laboratory and industrial applications, as well as equipment for various biological and microbial processes. Despite its global presence in marketing products worldwide, the company’s Smart Scores indicate a mix of positive and challenging aspects for its long-term outlook. Investors may want to consider the company’s momentum and growth potential alongside its valuation, dividend offerings, and resilience to market changes when evaluating 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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Nokia OYJ (NOKIA) Earnings Exceed Expectations: 1Q Adjusted Operating Profit Surpasses Estimates

By | Earnings Alerts
  • Nokia’s 1Q Adjusted Operating Profit surpassed estimates coming in at EU597 million, higher than the estimated EU568.8 million.
  • Adjusted Operating Margin was at 12.8%, exceeding the estimate of 12.2%.
  • Adjusted Gross Margin was reported at 48.6%, higher than the estimated 42.9%.
  • Adjusted EPS reached EU0.090, beating the estimate of EU0.07.
  • Cloud & Network Services reported net sales of EU652 million, falling short of the estimated EU723.1 million.
  • Nokia Technologies recorded higher net sales of EU757 million, beating the estimated EU726.5 million.
  • Group Common & Other reported net sales of EU23 million, below the estimated EU30.9 million.
  • Operating Profit was at EU400 million, lower than the estimated EU456.2 million.
  • The Network Infrastructure Operating Profit stood at EU82 million, lower than the estimate of EU154.9 million.
  • Cloud & Network Services recorded an operating loss of EU27 million, contrary to an estimated profit of EU0.96 million.
  • Nokia Technologies posted an operating profit of EU658 million, higher than the estimated EU566.7 million.
  • Group Common & Other reported an operating loss of EU75 million, lesser than the estimated loss of EU89.9 million.
  • Mobile Networks reported a Gross Margin of 42.4%, higher than the estimated 34.4%.
  • Network Infrastructure Gross Margin was reported at 36.8%, a slight decrease from the estimated 37.1%.
  • The Gross Margin for Cloud & Network Services was 35.9%, higher than the estimated 34.6%.
  • Nokia Technologies recorded a Gross Margin of 100%, slightly higher than the estimate of 99.9%.
  • Analysts’ recommendations were 11 buys, 15 holds, and 3 sells.

A look at Nokia OYJ Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth5
Resilience5
Momentum4
OVERALL SMART SCORE4.6

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

Analysts utilizing the Smartkarma Smart Scores have given Nokia OYJ positive ratings across multiple key factors. With top scores in Value, Growth, Resilience, and solid scores in Dividend and Momentum, the outlook for Nokia OYJ appears promising for the long term. The company is positioned well in terms of value and growth potential, showcasing resilience and a positive momentum in the market.

Nokia OYJ, a global communications company with a network of production facilities for location intelligence and network infrastructure, along with sales and customer service operations, is also backed by research and software development centers worldwide. With strong ratings in important areas according to Smartkarma Smart Scores, Nokia OYJ seems to have a favorable long-term outlook, making it a company to watch for potential investors seeking a balanced and promising investment option.


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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Underwhelming Performance: Mowi ASA (MOWI) Earnings Miss Preliminary 1Q Estimates

By | Earnings Alerts
  • Mowi’s preliminary first quarter Earnings Before Interest and Taxes (EBIT) is EU201 million, which falls short of the estimated EU235.1 million.
  • The company’s preliminary harvest was 96,500 metric tons, compared to the estimated 101,616 metric tons.
  • In terms of farming harvested volume, Preliminary figures are as follows: Norway – 55,000 TGW, Chile – 12,500 TGW, Scotland – 14,500 TGW.
  • In the quarter, the blended farming cost was €6.05 per kilogram.
  • There were issues with winter sores and string jellyfish in Norway that resulted in a low superior share and a lower average size of fish harvested. This had an impact on both price and cost performance.
  • The complete 1Q report will be released on May 8 at 06:30 Central European Time (CET).
  • Currently, Mowi’s market position is as follows: 12 buys, 2 holds, and 1 sell.

A look at Mowi ASA Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.6

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

Analysts are optimistic about the long-term outlook for Mowi ASA, a company that sells and markets products, especially considering its impressive Smartkarma Smart Scores. With a strong focus on growth and momentum, Mowi ASA is positioned well for future expansion and market performance. The company’s solid scores in growth and momentum indicate a positive trajectory ahead, supported by its operations in key regions like Canada, Norway, and Scotland.

Mowi ASA‘s balanced scores across key factors such as value, dividend, resilience, and momentum suggest a well-rounded approach to financial performance and market positioning. Its consistent performance in these areas reflects stability and potential for sustainable growth over the long term. With a strong presence in major markets like Norway, Canada, the United Kingdom, and the United States, Mowi ASA is well-positioned to capitalize on global demand for its products.

**Summary**: Mowi ASA, a company operating in Canada, Norway, and Scotland, is a leading player in the global salmon market, selling its products worldwide through strategic sales companies in key regions.


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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Santos Ltd (STO) Earnings Surpass Estimates with 1Q Average Realized LNG Price

By | Earnings Alerts
  • The average realized LNG price per mmBtu from Santos surpassed estimates, hitting $12.68 over the predicted $12.20.
  • Santos reported a production yield of 21.8 mmboe.
  • A higher volume of sales was observed, totalling 23.2 mmboe.
  • The sales revenue generated by Santos reached a high of $1.40 billion.
  • There was significant capital expenditure from Santos, amounting to $686 million.
  • The average realized oil price per barrel marked an increase too, recording $89.14, which beat the estimate of $81.94.
  • For Santos, there are currently 12 buy ratings, 3 hold ratings, and 1 sell rating.

A look at Santos Ltd Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
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

Analysts are optimistic about the long-term outlook for Santos Ltd, a company engaged in the exploration and production of natural gas, crude oil, and other petroleum products. Based on the Smartkarma Smart Scores, Santos has received strong ratings across various factors such as Value, Dividend, Growth, and Momentum, indicating favorable prospects in these areas. However, the company scored lower in Resilience, suggesting some potential vulnerability in this aspect.

Santos Limited’s activities span major onshore and offshore petroleum exploration sites in countries like Australia, the United States, Indonesia, and Papua New Guinea. With its solid performance in key areas highlighted by the Smart Scores, Santos is poised to capitalize on its strengths for long-term growth and value creation, despite facing some resilience challenges as indicated.


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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BHP Group Ltd (BHP) Earnings Update: Iron Ore and Copper Production Surges in Q3 Performance

By | Earnings Alerts
  • BHP’s Q3 total WA iron ore output was 68.13 million tons, showing an increase of 3% from last year’s 66.16 million tons.
  • Total WA iron ore shipments also saw an increase of 4.8% year on year, with a quantity of 69.78 million tons.
  • Copper production was reported to be 465,900 tons during this period.
  • For the current year, BHP predicts metallurgical coal production to range between 21.5 million to 22.5 million tons, slightly less than the previous forecast of 23 million to 25 million tons.
  • The company also anticipates the thermal coal production to be on the higher end of the 13 million to 15 million tons range, which matches their initial prediction.
  • Nickel production is expected to be at the lower end of the forecasted range of 77,000 to 87,000 tons, identical to the past forecast.
  • The company currently holds nine buys, 14 holds, and three sells in terms of stock recommendations.
  • All comparisons have been made with figures reported from BHP’s original disclosures.

A look at BHP Group Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience2
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

The long-term outlook for BHP Group Ltd, an international resources company, is positive based on the Smartkarma Smart Scores analysis. With a solid score of 4 for Dividend and 3 for Growth, BHP Group demonstrates a commitment to providing returns to its shareholders and potential for future expansion. The company’s momentum score of 3 indicates a steady pace of growth, while its resilience score of 2 suggests a stable financial standing amidst market fluctuations.

Overall, BHP Group Ltd appears to be a company with a strong dividend policy, potential for growth, and a relatively stable financial position. This combination of factors positions BHP Group as a noteworthy player in the resources sector, serving customers globally with a diverse portfolio of mineral and petroleum products.


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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