Category

Earnings Alerts

Vale (VALE3) Earnings Exceed Expectations: Iron Ore and Copper Production Show Strong Yearly Growth

By | Earnings Alerts

• Vale’s Iron ore production was up by 6.1% year on year (y/y) hitting 70.84 million Metric Tonnes, surpassing the estimate of 68.48 million tonnes.

• The company produced 8.47 million tons of pellets, recording an increase of 1.8% y/y, but fell short of the estimated 9.76 million tons.

• Nickel production reached 39,500 tonnes, a decrease of 3.7% y/y, but exceeded the estimated output of 37,561 tonnes.

• Copper production was impressive with an upsurge of 22% y/y, reporting a figure of 81,900 tonnes, going beyond the estimate of 78,632 tonnes.

• Iron ore sales garnered an increase of 15% y/y with a total of 52.55 million metric tonnes, although it didn’t meet the estimated 55.19 million metric tonnes.

• Pellet sales reported a 13% rise y/y, with 9.23 million metric tonnes sold, being just under the estimated sales of 9.28 million metric tonnes.

• Total sales of nickel declined by 17% y/y, reporting 33,100 tonnes of sales, lower than the estimated 38,766 tonnes.

• Copper followed a successful sales trajectory with an increase of 22% y/y, selling 76,800 tonnes, which is just under the estimated sales of 76,820 tonnes.

• The company’s forecast for iron ore production remains at 310 million to 320 million Metric Tonnes.

• It still sees an estimate of 160,000 to 175,000 tonnes for nickel production.

• It maintains its copper production estimate within the bracket of 320,000 to 355,000 tonnes.

• There were 10 buy recommendations, 3 holds, and no sell recommendations for Vale’s stock shares.


A look at Vale Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience4
Momentum2
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

Based on the Smartkarma Smart Scores, the long-term outlook for Vale is promising. With a strong dividend score of 5, investors can expect to receive attractive returns in the form of dividends. Additionally, the company scores well in growth and resilience, with scores of 4 in both categories. This indicates that Vale has good potential for future growth and is well-positioned to withstand economic challenges. Although the momentum score is lower at 2, the overall outlook for Vale remains positive.

Vale S.A. is a Brazilian company that specializes in the production and sale of various commodities including iron ore, nickel, copper, and aluminum. Operating railroads and maritime terminals in Brazil, Vale has established itself as a key player in the global mining industry. With a solid Value score of 3 and strong scores in dividends, growth, and resilience, Vale is positioned to continue its success 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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Omnicom Group (OMC) Earnings Exceed Expectations: 1Q Revenue and Profit Growth Showcase Solid Start

By | Earnings Alerts

• Omnicom reported a 1Q revenue of $3.63 billion, exhibiting a +5.4% y/y growth and meeting estimates of $3.61 billion.

• The company’s Adjusted EPS stood at $1.67, exceeding last year’s figure at $1.56 as well as the estimated $1.55.

• Operating profit increased by 38% y/y, hitting at $478.9 million against an estimate of $473.3 million.

• Organic revenue growth began the year with a positive note at 4.0%, led by the advertising & media and precision marketing disciplines, particularly the contribution of Flywheel Digital.

• John Wren, Chairman and CEO of Omnicom, noted this strength in their revenue growth.

• Analyst recommendations indicate more optimism towards the company, with 8 buys, 5 holds, and 1 sell.


Omnicom Group on Smartkarma

On Smartkarma, independent analysts from Baptista Research have provided insightful coverage of Omnicom Group, a leading company in the advertising and marketing services industry. In their report titled “Omnicom Group: A Strong Positioning with Transformation in the Client Landscape! – Major Drivers,” the analysts highlight the company’s resilience in achieving its 2023 goals despite a challenging economic environment. Omnicom Group‘s strong performance, with a free cash flow of around $1.9 billion in 2023 and significant returns to shareholders through dividends and share repurchases, positions it well for future growth. The analysts also point out the optimism surrounding Omnicom’s M&A activity, particularly the acquisition of Flywheel Digital, the largest in the company’s history, as a key driver for future success.

In another report by Baptista Research titled “Omnicom Group: Can The Acquisition Of Flywheel Catalyze Future Growth? – Major Drivers,” the analysts emphasize Omnicom Group‘s impressive performance in the previous quarter, marked by a 3.3% organic growth rate. The company is on track to meet its full-year organic growth target of 3.5% to 5% and operating margin target of 15% to 15.4%. The analysts also highlight Omnicom’s success in securing new business, such as the global media accounts for Uber and HSBC by Omnicom Media Group, showcasing continued growth prospects. Overall, the analyst coverage on Smartkarma reflects a positive sentiment towards Omnicom Group‘s strategic positioning and growth potential in the dynamic client landscape.


A look at Omnicom Group Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.2

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

Omnicom Group Inc., a leading provider of advertising and marketing services worldwide, seems to have a promising long-term outlook based on the Smartkarma Smart Scores. With a strong growth score of 4 and impressive momentum score of 4, the company appears to be well-positioned for expansion and future success. This indicates that Omnicom Group is poised for significant development and market traction over the long term.

Additionally, Omnicom Group‘s resilience score of 3 suggests that the company has the capability to withstand economic challenges and maintain stability. Its dividend score of 3 also indicates a moderate level of dividend performance. Despite a value score of 2, which suggests room for improvement in terms of value proposition, the overall outlook for Omnicom Group appears positive, particularly in terms of growth and momentum, making it an interesting prospect for investors looking towards the future.


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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JB Hunt Transprt Svcs (JBHT) Earnings Fall Short of Estimates in 1Q: Detailed Analysis

By | Earnings Alerts
  • JB Hunt’s first-quarter Earnings Per Share (EPS) fell short of estimates, reaching only $1.22 compared to the predicted $1.53 and previous year’s $1.89.
  • The operating revenue for the quarter was $2.94 billion, showing a decrease of 8.8% year on year (y/y) and missing the expected $3.11 billion.
  • Intermodal revenue was $1.40 billion, marking a y/y decrease of 9.4% and missing the estimate of $1.49 billion.
  • Revenue from Dedicated Contract Services decreased by 2.2% y/y to $860.0 million, falling short of the expected $880.7 million.
  • JB Hunt’s Integrated Capacity Solutions revenue experienced a considerable 26% y/y dip, totalling $285.3 million, which is below the estimated $337.3 million.
  • Truck revenue was $178.3 million, a decrease of 13% y/y and slightly less than the estimated figure of $187.2 million.
  • On a positive note, Final Mile Services revenue increased by 1.9% y/y to $229.3 million, beating the project $225.2 million estimate.
  • Rents and purchased transportation operating expenses hit $1.28 billion, representing a 13% y/y decrease and falling below the estimated $1.49 billion.
  • According to current ratings, JB Hunt has 14 buys, 9 holds, and 0 sells.

Hunt (Jb) Transprt Svcs on Smartkarma

Analysts on Smartkarma, like Baptista Research, are closely monitoring J.B. Hunt Transport Services, providing insights into the company’s performance. In their report titled “J.B. Hunt Transport Services: Why Has The Adaptation to Market Dynamics Become So Necessary? – Major Drivers,” the analysts note the increased demand for outsourced private fleet solutions by J.B. Hunt. Despite challenges in the freight environment, the company secured approximately 1,150 truck deals, strategizing to enhance revenue quality and eliminate unprofitable freight. By aligning its cost structure with current market demands, J.B. Hunt aims to boost productivity and efficiency as the market rebounds.

Further analysis by Baptista Research, as seen in their report “J.B. Hunt Transport Services: Will Their New Intermodal Service Revolutionize the Industry? – Major Drivers,” reveals a mixed performance by J.B. Hunt. Falling short of Wall Street’s revenue and earnings expectations, the company faced setbacks but showed promise in certain end markets. With a focus on delivering large and bulky items to customers’ homes, J.B. Hunt is navigating challenges and exploring new opportunities within the industry, raising questions about the potential impact of their new intermodal service on the transportation sector.


A look at Hunt (Jb) Transprt Svcs Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
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

Based on the Smartkarma Smart Scores, Hunt (Jb) Transport Svcs shows a positive long-term outlook. With a strong growth score of 4, the company is positioned well for expansion and development. Additionally, a resilience score of 3 indicates the company’s ability to withstand economic challenges and adapt to market changes. This resilience adds stability to the overall outlook for Hunt (Jb) Transport Svcs.

While the value and dividend scores are moderate at 2, the momentum score of 3 suggests that the company is moving in a positive direction. Overall, these Smart Scores paint a picture of a company with solid growth potential and the ability to navigate through various market conditions, highlighting a promising future for Hunt (Jb) Transport Svcs.

### J.B. Hunt Transport Services, Inc. and its subsidiaries provide transportation and logistics services in the United States, Canada, and Mexico. The Company transports a variety of products including automotive parts, department store merchandise, paper and wood products, food and beverages, plastics, chemicals, and manufacturing materials and supplies. ###


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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United Airlines Holdings (UAL) Earnings Exceeds Estimates with a 9.7% Rise in 1Q Operating Revenue

By | Earnings Alerts

Key United Airlines 1Q Highlights:

  • The operating revenue was $12.54 billion, a 9.7% increase year-on-year (y/y), surpassing estimates of $12.44 billion.
  • Passenger revenue also saw an increase of 10% y/y, reporting at $11.31 billion against the estimated $11.19 billion.
  • Cargo revenue, however, declined 1.8% y/y to $391 million but outperformed the estimated $371 million.
  • Other revenue came in at $835 million, a 10% increase y/y, beating the estimate of $800.6 million.
  • The adjusted loss per share has been reduced from 63c y/y to 15c, better than the estimated loss/share of 57c.
  • PRASM declared at 15.79c, a growth of 1% y/y, over the predicted 15.68c.
  • There has been a 9.3% y/y growth in revenue passenger miles to 57.43 billion, slightly more than the 57.36 billion estimate.
  • Average yield per revenue passenger mile stood at 19.70c, higher than both last year’s 19.56c and the estimated 19.45c.
  • Available seat miles increased 9.1% y/y to 71.67 billion, exceeding the estimate of 71.19 billion.
  • The load factor was cited at 80.1%, up from last year’s 79.9% but slightly below the estimated 80.7%.
  • Fuel consumption rose by 7.7% y/y to 1.03 billion gallons, aligning with estimates.
  • The average price per gallon of fuel dropped 14% y/y to $2.88, rather than the estimated $2.93.
  • CASM excluding fuel was 13.13c, lower than the estimate of 13.22c.
  • United Airlines projects 2024 full-year adjusted diluted earnings per share between $9 to $11.
  • Following the announcement, United Airlines’ shares rose 3.6% in after-market trading, equating to $43.00 per share.
  • The current analyst sentiment is positive with 15 buy ratings, 6 hold ratings, and no sell ratings.

United Airlines Holdings on Smartkarma

Analysts on SmartKarma, such as Baptista Research, have been closely monitoring United Airlines Holdings. In a recent report titled “United Airlines: Are The Recent Delays & Safety Concerns A Major Factor That Could Slow Them Down? – Key Drivers,” the management team’s positive sentiments during the latest earnings call were highlighted. Despite global challenges, United Airlines showcased the effectiveness of its United Next plan through diversified revenue streams and strong operational metrics, leading to full-year EPS above $10.

In another report by Baptista Research on “United Airlines: European Routes,” the focus was on United Airlines’ robust financial performance in the third quarter of 2023. With a significant increase in total revenue and capacity, the airline is set for continued growth. Strong demand in Atlantic and Pacific routes is expected to drive a 10.5% revenue increase in the fourth quarter, supported by United’s strategic capacity planning and cost management approach.


A look at United Airlines Holdings Smart Scores

FactorScoreMagnitude
Value4
Dividend1
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

United Airlines Holdings Inc, an airline holding company transporting passengers, property, and mail domestically and internationally, presents a mixed long-term outlook based on the Smartkarma Smart Scores. With a solid Value score of 4 and robust Growth and Momentum scores of 4 each, United Airlines Holdings is positioned favorably in terms of valuation and growth potential. However, the company’s lower scores in Dividend (1) and Resilience (2) suggest challenges in terms of dividend payouts and overall resilience to market fluctuations.

In summary, while United Airlines Holdings shows strength in value, growth, and momentum aspects of its business, investors may need to closely monitor the company’s ability to weather market challenges and sustain dividend payments over the long term based on the Smartkarma Smart Scores provided.


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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Continental (CON) Earnings: 1Q Adjusted Ebit Margin Fell Short of Estimates Despite Confirmed 2024 Guidance

By | Earnings Alerts
  • Preliminary adjusted Ebit margin approximately 2%, below the estimated 4.22%.
  • Preliminary sales stand around EU9.8 billion, not reaching the estimated EU10.09 billion.
  • Preliminary automotive revenue is about EU4.8 billion, against the estimated EU4.97 billion.
  • Preliminary Tires revenue approximately EU3.3 billion, falling short of the estimated EU3.39 billion.
  • Preliminary ContiTech revenue is about EU1.6 billion, below the estimated EU1.72 billion.
  • Preliminary adjusted free cash flow turned negative at about EU1.1 billion.
  • The first quarter results fail to meet market expectations in terms of sales, Ebit margin and free cash flow.
  • Despite the lower-than-expected results, the company sees potential for improvement across all group sectors.
  • The company confirms its financial forecasts for the fiscal year 2024.
  • The first quarter was burdened by a payment of approximately €500 million for the reacquisition of ContiTech AG shares.
  • The automotive group’s sales have deviated due to reduced volume, chiefly in Europe, and pending revisions of customer pricing contracts.
  • The company’s stock currently holds 12 buy ratings, 11 hold ratings, and 1 sell rating.

A look at Continental Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.6

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

Analysts using Smartkarma Smart Scores have given Continental a positive long-term outlook. With a strong score of 5 in Growth, Continental is expected to expand and develop its business operations in the future. This indicates a promising trajectory for the company’s growth potential over the coming years. Additionally, Continental scored well in Value, indicating that the company is priced attractively compared to its intrinsic value, which could be an encouraging sign for potential investors.

While Continental scored lower in Dividend, Resilience, and Momentum, the high score in Growth suggests that the company may have a solid foundation for future revenue generation and expansion. Continental AG, a renowned manufacturer of tires, automotive parts, and industrial products worldwide, is well-positioned to capitalize on its strengths in innovation and product development to drive future growth and success in the market.


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

By | Earnings Alerts
  • ADP reported an increase in March passenger traffic by 10.1%

  • Paris airport saw a rise in passenger numbers by 7.7%

  • TAV airport reported a significant increase in passenger footfall, with a rise of 19%

  • The total count of passengers is pegged at 26.55 million

  • ADP has recorded 8 buys, 12 holds, and 3 sells


A look at Aeroports De Paris Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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

Based on the Smartkarma Smart Scores, Aeroports De Paris shows a promising long-term outlook. With a high growth score of 5, the company is poised for expansion and development in the aviation sector. This indicates potential for increased revenue and market presence over time. Additionally, the solid momentum score of 4 suggests that Aeroports De Paris is currently on a positive trajectory, which could translate into sustained performance in the future.

However, there are some areas where Aeroports De Paris could improve. The value score of 2 indicates that the company may be slightly undervalued compared to its peers, presenting opportunities for strategic investments and enhanced financial performance. Although the resilience score of 2 implies some vulnerability to economic fluctuations, the moderate dividend score of 3 signifies a stable payout to shareholders, offering a degree of financial security. Overall, Aeroports De Paris displays potential for growth and momentum in the long run, positioning it favorably in the market.

Summary: Aeroports de Paris (ADP) manages all the civil airports in the Paris area. The Company also develops and operates light aircraft aerodromes. ADP offers air transport related services, and business services such as office rental.


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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Adidas (ADS) Earnings Surge With Boosted FY Operating Profit Forecast and Impressive First Quarter Results

By | Earnings Alerts
  • Adidas has increased its operating profit forecast for the Financial year, now expecting around EU700 million, up from the previous expectation of EU500 million.
  • Estimates for the operating profit stand at EU813.5 million with preliminary first-quarter results showing a gross margin of 51.2%, higher than the estimated 47.1%.
  • Preliminary operating profit for the first quarter is EU336 million, greatly surpassing the estimate of EU115.1 million.
  • The latest release of Yeezy shoes generated revenues of approximately €150 million and an operating profit of about €50 million in Q1.
  • Adidas anticipates that all remaining Yeezy inventory will be sold at cost, resulting in additional sales of around €200 million but no subsequent profit for the rest of the year.
  • The company predicts unfavorable currency effects will continue to significantly impact its profitability this year, including negative repercussions on reported revenues and gross margin development in 2024.
  • Adidas now foresees its revenue to increase at a mid- to high-single-digit rate in 2024, an upgrade from the previous forecast of a mid-single-digit rate increase.
  • The company currently has 15 ‘buys’, 14 ‘holds’, and 6 ‘sells’ ratings from analysts.

A look at adidas 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

Analysts at Smartkarma have given adidas an overall positive outlook based on their Smart Scores. With a Momentum score of 4, adidas is showing strong potential for future growth and performance in the market. This indicates a positive trend in the company’s stock price that investors may find attractive.

Furthermore, adidas received a Growth score of 3, suggesting promising opportunities for expansion and development. Combined with other average scores in areas such as Value, Dividend, and Resilience, adidas shows steady fundamentals that may position it well in the long term.

### Summary: adidas AG manufactures sports shoes and sports equipment. The Company produces products that include footwear, sports apparel, and golf clubs and balls. adidas sells its products 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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LVMH Moet Hennessy Louis Vuitton (MC) Earnings: 1Q Fashion & Leather Goods Sales Miss Estimates, Highlighting Revenue Performance Across Sectors

By | Earnings Alerts
  • LVMH’s organic revenue increased by +3%, lesser than the estimated +3.28%.
  • Fashion & Leather Goods demonstrated an organic sales growth of +2%, falling short of the estimated +3.22%.
  • Wines & Spirits department witnessed a decrease in organic sales with -12%, compared to an estimated decrease of -8.66%.
  • Perfumes & Cosmetics sector exceeded expectations with organic sales growth of +7%, outperforming an estimated +6.72% increase.
  • Watches & Jewelry division saw a decrease in organic sales of -2%, more than the estimated decline of -0.75%.
  • Selective Retailing exceeded estimated growth with organic sales increase of +11% against the estimated +10.5%.
  • Overall, LVMH’s reported revenue was EU20.69 billion, which reflects a year-on-year decrease of -1.6%. This was less than the estimated revenue of EU21.18 billion.
  • Fashion & Leather Goods’ revenue was reported at EU10.49 billion, a decrease of -2.2%, against the previously estimated EU10.71 billion.
  • Wines & Spirits’ revenue decreased to EU1.42 billion, down by -16% from the previous year, falling short of an estimated EU1.53 billion.
  • Perfume & Cosmetics’ reported revenue was EU2.18 billion, an increase of +3.2% year-on-year, almost matching the estimate of EU2.19 billion.
  • Watches & Jewelry department reported a revenue of EU2.47 billion, a decrease of -4.8% contrary to the estimated EU2.49 billion.
  • Selective Retailing saw a revenue growth to EU4.18 billion, a +5.4% increase, surpassing the estimated EU4.26 billion.
  • Hennessy cognac saw lower orders due to cautious behaviour from retailers amidst uncertainty in U.S.
  • Sephora, part of Selective Retailing, continued to expand its market share.

Lvmh Moet Hennessy Louis Vuitton on Smartkarma

Analyst coverage of LVMH Moet Hennessy Louis Vuitton on Smartkarma includes a bearish outlook presented by Douglas Kim. In his research report titled “Income Statement Analysis of Global Luxury Brand Korea Operations and Luxury Brand Spending Slowdown,” Kim delves into income statement comparisons of major luxury brands in Korea, among them Louis Vuitton. The insight highlights that in 2022, Korea outpaced the United States and China in luxury goods spending, yet luxury brand spending in Korea has been showing weakness, serving as a potential indicator for the broader luxury market trends.


A look at Lvmh Moet Hennessy Louis Vuitton Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
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

Based on the Smartkarma Smart Scores for LVMH Moet Hennessy Louis Vuitton, the company has a promising long-term outlook. With strong scores of 4 for Growth and Momentum, it signifies that the company is expected to continue expanding and maintain positive market performance. Additionally, a Resilience score of 3 indicates that LVMH is well-positioned to weather economic uncertainties. Although the Value and Dividend scores are lower at 2, the overall outlook remains optimistic due to the high scores in key growth indicators.

LVMH Moet Hennessy Louis Vuitton SE is a prominent luxury goods group known for its diverse portfolio of wine, cognac, perfumes, cosmetics, luggage, watches, and jewelry. The company’s strategic focus on growth and maintaining market momentum suggests a solid foundation for long-term success in the luxury goods sector. Despite moderate scores in Value and Dividend factors, LVMH’s strong performance in Growth, Resilience, and Momentum positions it well for continued growth and market outperformance.


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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Morgan Stanley (MS) Earnings Surpass Estimates with Impressive 1Q Net Revenue – A Comprehensive Breakdown

By | Earnings Alerts

Morgan Stanley‘s net revenue for the first quarter surpasses estimates, reaching $15.14 billion as opposed to the expected $14.46 billion.

• Wealth management net revenue hits $6.88 billion, higher than the estimated $6.69 billion.

• Equities sales & trading revenue goes beyond estimations, amounting to $2.84 billion against a predicted $2.65 billion.

• FICC sales & trading revenue also beats estimates, tallying to $2.49 billion compared to $2.33 billion

• Institutional Investment Banking revenue surpasses expectations of $1.34 billion, hitting $1.45 billion.

• Advisory revenue falls short of the projections of $510.1 million, tallying at $461 million.

• Equity underwriting revenue ($430 million) beats the estimate which stood at $326.3 million.

• Fixed Income Underwriting revenue ($556 million) outperforms the estimated $505.8 million.

• The Earnings per Share (EPS) is $2.02.

• Non-interest expenses match their $10.75 billion prediction.

• Compensation expenses exceed the estimate of $6.45 billion, reaching $6.70 billion.

• Non-compensation expenses fall below estimated figures, settling at $4.05 billion against an estimate of $4.27 billion.

• Net interest income falls short of estimate, standing at $1.80 billion as opposed to $1.96 billion.

• Book value per share reported is $55.60.

• Tangible book value per share comes to $41.07.

• Return on equity exceeds the estimate of 11.9% to come in at 14.5%.

• Return on tangible equity came in higher than estimated (+16.2%), recording at +19.7%.

• The standardized CET1 ratio matched the estimation at 15.1%.

• Effective tax rate stood at 21.2%, lower than the estimated 22%.

• Assets under management beat the estimates, reaching $1.51 trillion although they were projected to be $1.49 trillion.

• Fee-based asset flows fell below the estimated $28.14 billion to record at $26.2 billion.

• Expense efficiency ratio stood at 71%, lower than the estimated 74.3%.

• The company received 10 buys, 16 holds, and 0 sells from the analysts.


A look at Morgan Stanley Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.2

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

Based on the Smartkarma Smart Scores, which rate various factors for Morgan Stanley, the company shows strong performance in Value and Dividend, scoring 4 out of 5 for both. This suggests that Morgan Stanley is seen as providing good value for investors and offering attractive dividend returns. However, the company’s Growth and Momentum scores are slightly lower at 3, indicating moderate performance in these areas. Additionally, the Resilience score of 2 suggests that there may be some concerns about the company’s ability to withstand economic shocks.

Morgan Stanley, a bank holding company offering diversified financial services globally, operates a robust global securities business catering to individual and institutional investors as well as investment banking clients. The company also manages a global asset management business. With solid Value and Dividend scores, Morgan Stanley appears well-positioned for long-term stability and potential returns, although the Growth, Resilience, and Momentum scores indicate areas that may require closer monitoring to ensure sustained growth and performance.


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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Northern Trust (NTRS) Q1 Earnings Beat Estimates with Recovery of Credit Losses Leading the Way

By | Earnings Alerts

Northern Trust reports credit loss recovery of $8.5 million compared to last year’s provision of $15.0 million, beating the estimated provision of $8.51 million.

• Earning per share (EPS) stood at 96c, a drop from $1.51 y/y yet surpassing an estimated $1.42.

• Non-interest expenses hit the $1.36 billion mark, up 6.2% from last year, slightly surpassing the estimated $1.35 billion.

• The return on average common equity is 7.3%, a considerable decline from 12.4% y/y.

• Return on average assets recorded at 0.6% compared to 0.92% y/y.

• The Assets under custody/administration reached $16.47 trillion, up from $14.17 billion y/y.

• Assets under custody were reported at $12.80 trillion, up 16% y/y, exceeding the estimated $12.31 trillion.

Northern Trust managed assets valued at $1.50 trillion, a 13% rise since last year, though slightly below the estimate $1.53 trillion.

• Trust, investment & other servicing fees summed up to $1.14 billion, a 7.5% increase from last year, although below the estimated $1.15 billion.

• The company had an effective tax rate of 26.1%, up from 24.6% y/y, surpassing the estimated 24.1%.

• Revenue on average (FTE) was $1.65 billion, down 5.9% from last year, falling short of the estimated $1.76 billion.

• FTE net interest margin recorded at 1.61% versus 1.59% q/q, thereby beating the estimated 1.58%.

• The company reported FTE net interest income of $535.4 million, up 6.8% q/q, surpassing the expected $498.9 million.

• Analyst opinions on Northern Trust are mixed with 3 advises to buy, 12 to hold and 3 to sell.


A look at Northern Trust Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE4.0

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

Analysts using Smartkarma’s Smart Scores predict a positive long-term outlook for Northern Trust Corporation. With impressive scores in Value and Dividend at 4, along with strong showings in Momentum and Resilience at 4 and 5 respectively, the company appears well-positioned for sustained growth and stability in the financial sector.

Despite a slightly lower score in Growth at 3, Northern Trust‘s overall robust performance in key areas bodes well for its future prospects. As a financial holding company offering a range of investment and banking services, including asset and fund administration, Northern Trust seems poised to maintain its strong position in the market and continue delivering value to its diverse client base.

**Summary:** Northern Trust Corporation offers investment management, asset and fund administration, fiduciary, and banking solutions primarily through its banking operations. With strong Smart Scores in Value, Dividend, Momentum, and Resilience, the company is positioned for long-term growth and stability in the financial sector.


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