Category

Earnings Alerts

Sinotrans (598) Earnings Report: FY Net Income Hits 4.22B Yuan

By | Earnings Alerts
  • Sinotrans reported a net income of 4.22 billion yuan for the fiscal year.
  • The company’s revenue for the year stood at 101.70 billion yuan.
  • The company’s performance has received mixed reviews from analysts, with 9 buys, 1 hold, and 2 sells.
  • The company will hold a call on March 25, Shanghai time to discuss the financial results.

Sinotrans on Smartkarma

Sinotrans (598.HK) is a company that has been receiving a lot of attention from top independent analysts on Smartkarma, an independent investment research network. Rikki Malik, one of the analysts on the platform, has published a research report on Sinotrans, titled “Sinotrans (598.HK), a Shining Example of SOE Reform”. In the report, Malik highlights how this state-owned enterprise in China is demonstrating a profit-oriented approach, with management incentives that are aligned with shareholders. This is a rarity in China, making Sinotrans a shining example of SOE reform. Malik also mentions that there is still plenty of upside potential for the company, despite its already impressive market outperformance.


A look at Sinotrans Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.4

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

Sinotrans Limited, a company that offers various logistics services such as sea, air, rail, and road freight forwarding, has a bright future ahead. This is based on the Smartkarma Smart Scores, which rates companies on a scale of 1 to 5, with a higher score indicating a better overall outlook. For Sinotrans, the scores are 5 for value, 5 for dividend, 4 for growth, 3 for resilience, and 5 for momentum. This means that the company is performing well in terms of value, dividend, and momentum, and is showing potential for growth. Additionally, the company has a good track record of resilience, which is an important factor in the logistics industry. With its diverse range of services and strong performance, Sinotrans is poised for long-term success.

Sinotrans Limited is a leading provider of integrated logistics services, offering a wide range of services such as sea, air, rail, and road freight forwarding, as well as express and shipping agency services. The company also provides support services such as storage, terminal services, trucking, and marine transportation. Based on the Smartkarma Smart Scores, which rates companies on their overall outlook, Sinotrans has received high scores in several key areas. With scores of 5 for value and dividend, and 4 for growth, the company is showing strong potential for long-term success. Additionally, its track record of resilience and momentum further solidify its position as a top player in the logistics industry. As such, Sinotrans is well-positioned for continued growth and success in 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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ENN Natural Gas (600803) Reports Stellar Earnings with FY Net Income of 7.09B Yuan

By | Earnings Alerts
  • ENN Natural Gas reported a net income of 7.09 billion yuan for the fiscal year.
  • The company’s revenue for the same period reached 143.75 billion yuan.
  • There were 19 buys, with no holds or sells recorded.

ENN Natural Gas on Smartkarma

ENN Natural Gas has recently been covered by top independent analysts on Smartkarma, an independent investment research network. Leonard Law, CFA, provided a Morning Views report on the company, which includes fundamental credit analysis, opinions, and trade recommendations. Law’s report, which can be found at this link, shows a bearish sentiment towards ENN Natural Gas. The report, which also covers UPL Ltd, highlights key company-specific developments in the past 24 hours and includes a market commentary, key market indicators, and a macroeconomic and corporate event calendar.

In addition to Law’s report, Smartkarma also features another Morning Views report on ENN Natural Gas by the same author. This report, which can be accessed at this link, takes a bullish stance on the company. Like the previous report, it includes fundamental credit analysis, opinions, and trade recommendations, as well as a market commentary, key market indicators, and a macroeconomic and corporate event calendar.


A look at ENN Natural Gas Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE3.8

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

ENN Natural Gas, a company that specializes in natural gas engineering services, has received an overall positive outlook according to the Smartkarma Smart Scores. These scores, ranging from 1-5, indicate the company’s performance in various factors. ENN Natural Gas has received a score of 3 for value, 4 for dividend, 5 for growth, 2 for resilience, and 5 for momentum.

Based on these scores, it can be inferred that ENN Natural Gas is performing well in terms of growth and momentum. The company has also shown a strong commitment to paying dividends to its shareholders. However, it may face challenges in terms of resilience, indicating potential risks in the future. Overall, the outlook for ENN Natural Gas appears to be stable and promising for the long term.

ENN Natural Gas offers a range of services including natural gas engineering investment, gas station construction, and energy equipment distribution. The company also has a presence in other industries such as coal materials, chemicals, and biopharmaceutical products trading. With its positive outlook and diverse portfolio, ENN Natural Gas is poised to continue its growth and success in the natural gas industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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ENN Energy (2688) Earnings Surpass Expectations with FY Revenue Beating Estimates

By | Earnings Alerts
  • ENN Energy has reported its Full Year (FY) revenue for 2024.
  • The reported revenue surpassed the estimated figures.
  • The company’s revenue stands at 113.86 billion yuan, which is higher than the projected 109.75 billion yuan.
  • ENN Energy has declared a final dividend per share of HK$2.31.
  • The company’s performance has been evaluated by various market watchers.
  • Out of these, 18 recommend buying the company’s shares, 6 suggest holding them, while 1 advises selling.

ENN Energy on Smartkarma

ENN Energy (2688 HK) has recently been in the spotlight on Smartkarma, an independent investment research network. According to a report by David Blennerhassett, a top independent analyst on the platform, ENN Energy‘s controlling shareholder has been actively buying shares. This has led to a bullish sentiment on the stock, as investors see this as a positive indication of the company’s future prospects.

Another interesting development highlighted in the report is the continuous buying of PCCW Ltd (8 HK) shares by Richard Li, the CEO of PCCW. This has caused the stock’s NAV premium to reach an unsustainable level of 4.5%. The report also mentions that this information was gathered from the “shareholding disclosure” link on the HKEx website, which may not always be a reliable source. Overall, the key stocks mentioned in the report are ENN Energy (2688 HK), PCCW Ltd (8 HK), and Wuxi Biologics (2269 HK).


A look at ENN Energy Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
Resilience3
Momentum2
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

ENN Energy Holdings Ltd., a company that distributes natural gas in China, has received a positive outlook for its long-term future according to Smartkarma’s Smart Scores. These scores, ranging from 1 to 5, indicate the company’s overall performance in different categories. ENN Energy has received a score of 4 for Value, 5 for Dividend, 3 for Growth, 3 for Resilience, and 2 for Momentum. This means that the company has strong potential for value and dividend growth, but may have slower momentum and growth compared to other factors.

The strong scores in Value and Dividend indicate that ENN Energy is a financially stable and profitable company. This is supported by the fact that the company invests in, operates, and manages gas pipelines, and sells and distributes piped and bottled gas in China. These operations provide a steady source of income, making ENN Energy a reliable choice for investors. However, the lower scores in Momentum and Growth may suggest that the company has room for improvement in terms of expanding its operations and increasing its growth rate. Overall, ENN Energy seems to have a solid foundation for its future success in the natural gas distribution industry in China.


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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Meituan (3690) Earnings: 4Q Revenue Surpasses Estimates with Strong Local Commerce and New Initiative Performance

By | Earnings Alerts
  • Meituan‘s 4Q revenue surpassed estimates, reaching 73.70 billion yuan against the estimated 72.7 billion yuan.
  • The company’s core local commerce revenue also beat estimates, totaling 55.13 billion yuan compared to the estimated 54.3 billion yuan.
  • The new initiative revenue was slightly higher than expected, with 18.57 billion yuan versus the estimated 18.47 billion yuan.
  • Operating profit for the 4Q was 1.76 billion yuan, surpassing the estimated 1.34 billion yuan.
  • For the 2023 fiscal year, Meituan‘s revenue was 276.74 billion yuan, beating the estimated 275.38 billion yuan.
  • The operating profit for 2023 was 13.42 billion yuan, which was higher than the estimated 13.2 billion yuan.
  • The company’s stocks are currently rated as 55 buys, 6 holds, and 1 sell.

Meituan on Smartkarma

Meituan, a leading Chinese e-commerce platform, has been receiving a lot of attention from analysts on Smartkarma, an independent investment research network. The latest reports from top independent analysts such as Eric Chen and Ming Lu have shown mixed sentiments towards the company.

Eric Chen, who has a bearish outlook on Meituan, believes that the company’s recent stock rally has already priced in its improving fundamentals. He suggests that investors take profits from the rally and wait for better entry points. On the other hand, Ming Lu, who has a bullish view, expects Meituan to report its fourth profitable quarter in 4Q23 and sees a potential upside of 99% in the company’s EPS.

Meanwhile, Sumeet Singh from Aequitas Research provides a weekly update on deals and upcoming IPOs, including a possible summer 2024 listing for Meituan. However, Ying Pan has recently downgraded the stock to a “sell” rating due to increased competition and challenges in the medium term, particularly from Douyin, a popular short video app in China.

Despite the mixed sentiments, Eric Chen has turned cautiously positive on Meituan, citing its solid competitive positioning in food delivery and potential for market share growth in the in-store business. He believes that the current valuation of the company already reflects a rather bearish outlook and sees value emerging for investors.


A look at Meituan Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience5
Momentum3
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

Meituan, a popular web-based shopping platform in China, has received high scores in Growth, Resilience, and Momentum from Smartkarma’s Smart Scores. This indicates a positive long-term outlook for the company. With a score of 4 for Growth, Meituan is expected to continue expanding its offerings and reach in the Chinese market. The company’s score of 5 for Resilience means that it is well-equipped to withstand any potential challenges or disruptions. Additionally, Meituan‘s score of 3 for Momentum suggests that it has strong momentum in the market and is likely to continue its upward trajectory.

However, Meituan has received lower scores in Value and Dividend, with scores of 2 and 1 respectively. This indicates that the company may not be as financially attractive to investors looking for value or dividend returns. Despite this, Meituan‘s overall outlook remains positive, with its strong scores in Growth, Resilience, and Momentum. As a web-based platform for local consumer products and services, Meituan has established itself as a leading player in the Chinese market and is expected to continue its growth and success 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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Japan Post Insurance (7181) Earnings: FY Net Income Forecast Surges, Yet Misses Estimates

By | Earnings Alerts
  • JP Insurance has increased its forecast for the full year’s net income to 82.00 billion yen, up from a previous estimate of 72.00 billion yen.
  • The new net income forecast, however, falls slightly short of the market estimate of 83.41 billion yen.
  • JP Insurance also anticipates net sales to reach 6.69 trillion yen, an increase from the previous 5.89 trillion yen.
  • The projected net sales surpass market estimates, which were at 6.1 trillion yen.
  • The firm’s current ratings stand at 4 buys, 6 holds, and 1 sell.
  • All comparisons to past results are based on the values that JP Insurance originally disclosed.

Japan Post Insurance on Smartkarma

On Smartkarma, an independent investment research network, analyst Alec Tseung has published a bearish insight on Japan Post Insurance. In his report, Tseung discusses how the company’s embedded value is unlikely to benefit from a potential rate increase in Japan, due to its mark-to-market adjustments and weak new business value. While Japan Post Insurance may seem undervalued based on a regression analysis, its strong Return on Equity (RoE) is actually due to extraordinary gains, not sustainable business practices. Tseung also notes that Japan Post Insurance has a larger portion of its investment securities being carried at cost on its balance sheet compared to its peer, Dai-ichi Life. With Japan’s “higher for longer” theme, the company’s embedded value growth could face additional pressure due to these factors.


A look at Japan Post Insurance Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth2
Resilience5
Momentum4
OVERALL SMART SCORE4.2

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

Japan Post Insurance Co. Ltd. is looking at a positive long-term outlook, according to the Smartkarma Smart Scores. The company has received a score of 5 out of 5 for both Value and Dividend, indicating strong financial performance and potential for good returns for investors.

In addition, Japan Post Insurance has been rated 5 out of 5 for Resilience, meaning the company is well-equipped to handle potential challenges and maintain stability in the long run. This is further supported by a score of 4 for Momentum, indicating positive market sentiment and potential for growth.

However, the company has received a score of 2 for Growth, suggesting that there may be some room for improvement in terms of expanding its business and increasing its market share. Nonetheless, with solid scores in other areas, Japan Post Insurance remains a strong and reliable player in the life insurance industry, providing valuable services to individuals and businesses throughout Japan.


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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Longfor Properties (960) Earnings Report: FY Revenue Misses Estimates Amidst Increased Finance Costs

By | Earnings Alerts
  • Longfor Group’s full-year revenue missed estimates, coming in at 180.74 billion yuan instead of the expected 204.65 billion yuan.
  • The property development revenue also fell short of estimates, with 155.86 billion yuan instead of the predicted 165 billion yuan.
  • The finance cost for the group was 149.5 million yuan.
  • Net income for the group was 12.85 billion yuan.
  • The net debt-to-equity ratio was slightly higher than estimates, at 55.9% instead of the estimated 55%.
  • Total borrowings for the group amounted to 192.65 billion yuan.
  • A final dividend per share of 23 RMB cents was declared.
  • Analysts’ recommendations for the group were overwhelmingly positive, with 29 buys, 1 hold, and no sells.

Longfor Properties on Smartkarma

Longfor Properties has been receiving positive analyst coverage on Smartkarma, an independent investment research network. According to Leonard Law, CFA, a top independent analyst on the platform, Longfor Properties is a company to watch. In his recent Morning Views report, Law has given Longfor Properties a bullish rating, citing the company’s strong fundamentals and potential for growth in the high yield market. This report also includes a brief market commentary, key market indicators, and a macroeconomic and corporate event calendar.

In another Morning Views report, Leonard Law, CFA, has given Longfor Properties a bearish rating, along with two other companies, China Jinmao Holdings and China Vanke. However, Law’s previous report on Longfor Properties still stands, indicating that analysts on Smartkarma have varying opinions on the company. It is important for investors to consider multiple perspectives when making investment decisions.


A look at Longfor Properties Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
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

Longfor Properties has received high marks from the Smartkarma Smart Scores, indicating a positive long-term outlook for the company. With a score of 5 in both value and dividend, investors can expect a solid return on their investment. The company also scored a 4 in growth, indicating potential for future expansion. However, it is important to note that Longfor Properties scored lower in resilience and momentum, with scores of 2 for both factors. This suggests that while the company may have strong fundamentals, it may face challenges in responding to market changes and maintaining its growth momentum.

Based on the company’s description, Longfor Properties operates in the competitive property development, investment, and management industries in China. With its high scores in value and dividend, the company may be well-positioned to attract investors looking for stable returns. However, its lower scores in resilience and momentum may mean that investors should closely monitor the company’s performance and market trends in order to make informed decisions. Overall, the Smartkarma Smart Scores provide a useful tool for investors to assess the long-term outlook for Longfor Properties.


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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Japan Exchange Group (8697) Earnings: Significant Boost in FY Operating Income Forecast

By | Earnings Alerts
  • Japan Exchange has increased its operating income forecast for the fiscal year.
  • The new predicted operating income is 87.00 billion yen, an increase from the previously estimated 77.00 billion yen.
  • The net income forecast has also been raised to 61.00 billion yen, up from the former prediction of 54.00 billion yen.
  • Net sales are now expected to reach 152.50 billion yen, which is an increase from the previous estimate of 143.00 billion yen.
  • The company also anticipates a higher dividend of 91.00 yen, a significant increase from the previous 63.00 yen.
  • The new figures are based on the company’s original disclosures and compared to past results.
  • Current market sentiment is mixed, with one buy rating, one hold, and two sell ratings for the company.

Japan Exchange Group on Smartkarma

The Japan Exchange Group has been receiving positive coverage from top independent analysts on Smartkarma, an independent investment research network. According to Mark Chadwick, a provider on the platform, Japan’s corporate reforms are driving improvement in capital efficiency and shareholder value. This is due to the implementation of governance codes and pressure from the Tokyo Stock Exchange (TSE). The TSE’s “name and shame” initiative has also revealed that more than half of the top 500 companies on the Topix index are enhancing their capital efficiency. This could lead to potential alpha opportunities for investors in the future.

In another report, also by Mark Chadwick, it is highlighted that companies with higher levels of board independence and alignment with shareholders are more likely to be better allocators of capital for long-term growth. This correlates with the TSE’s new efforts to encourage companies to disclose measures to improve their capital efficiency and stock prices. However, only around one third of “obstructive” companies have disclosed their status, compared to over 60% of “proactive” companies.

Victor Galliano, another provider on Smartkarma, has also expressed a bullish sentiment towards the Japan Exchange Group. In his research report, he rates it as his 2024 high conviction buy in exchanges due to its attractive valuations and potential for increased market activity and big data revenue growth. He also recommends Hong Kong Exchange and Deutsche Borse as buy options, while remaining negative on Coinbase. With this positive analyst coverage, investors may want to keep an eye on the Japan Exchange Group for potential investment opportunities.


A look at Japan Exchange Group Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience5
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

Japan Exchange Group Inc, the holding company for Tokyo Stock Exchange Group and Osaka Securities Exchange Co., Ltd, has a promising long-term outlook according to Smartkarma’s Smart Scores. The company scores a 5 out of 5 in both Resilience and Momentum, indicating a strong ability to weather market downturns and maintain a positive growth trajectory. This is supported by the company’s role in providing and operating a marketplace for the trading of equities, futures, and options, as well as managing trading and administering listed stocks and registered members.

In addition, Japan Exchange Group scores a respectable 3 out of 5 in both Dividend and Growth, showing potential for future expansion and a commitment to rewarding shareholders. However, the company scores a 2 out of 5 in Value, suggesting that it may be slightly overvalued compared to its peers. Overall, Smartkarma’s Smart Scores indicate a positive outlook for Japan Exchange Group, with strong resilience and momentum driving its long-term success.


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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SBSP3 Earnings: Cia Saneamento Basico De Sp Surpasses Estimates with Robust 4Q Net Income

By | Earnings Alerts
  • Sabesp’s 4Q net income surpassed estimates, reaching R$1.19 billion compared to the estimated R$1.01 billion.
  • The net operating revenue was also higher than expected, totalling R$7.26 billion, against the estimated R$5.63 billion.
  • The company’s adjusted Ebitda was R$2.96 billion, exceeding the estimate of R$2.41 billion.
  • There were 15 buys, 2 holds, and 0 sells for Sabesp.

A look at Cia Saneamento Basico De Sp Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.4

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

Cia Saneamento Basico De Sp, also known as SABESP, is a company that collects, treats, and distributes water in the state of Sao Paulo. With a strong focus on infrastructure and engineering, SABESP plays a crucial role in providing clean and safe water to the people of Sao Paulo.

According to Smartkarma’s Smart Scores, SABESP has a positive long-term outlook. With a score of 4 for growth and 5 for momentum, the company is expected to continue growing and performing well in the future. SABESP also scores well in resilience, indicating its ability to withstand challenges and maintain stability.

While SABESP scores lower in value and dividend, with scores of 3 and 2 respectively, this does not necessarily mean the company is performing poorly in these areas. Rather, it simply suggests that there may be other companies that score higher in these categories. Overall, SABESP’s strong scores in growth, resilience, and momentum make it a promising investment for 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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Nike (NKE) Earnings Report: 3Q Revenue Meets Estimates with Notable Growth in North America and Greater China

By | Earnings Alerts
  • Nike‘s 3Q revenue has met expectations, amounting to $12.43 billion, which is a 0.3% increase year on year.
  • North America’s revenue is $5.07 billion, a 3.2% increase from the previous year, surpassing the estimate of $4.82 billion.
  • EMEA (Europe, Middle East, and Africa) revenue stands at $3.14 billion, a 3.3% decrease year on year, slightly below the estimate of $3.18 billion.
  • Greater China has a revenue of $2.08 billion, a 4.5% increase year on year, slightly above the estimate of $2.04 billion.
  • Asia Pacific & Latin America revenue is $1.65 billion, a 2.9% increase from the previous year, slightly below the estimate of $1.68 billion.
  • Global Brands revenue has decreased by 25% year on year, amounting to $9 million, significantly below the estimate of $12.5 million.
  • Converse revenue is $495 million, a 19% decrease year on year, below the estimate of $579.3 million.
  • Footwear revenue stands at $8.16 billion, a 2.4% increase year on year, above the estimate of $7.93 billion.
  • Apparel revenue is $3.29 billion, a 2.7% decrease year on year, slightly below the estimate of $3.36 billion.
  • Equipment revenue is $487 million, a 21% increase year on year, above the estimate of $414.8 million.
  • Gross margin stands at 44.8%, a 1.5% increase from the previous year, slightly below the estimate of 45.1%.
  • Inventory is valued at $7.73 billion, a 13% decrease year on year, below the estimate of $8.16 billion.
  • Nike‘s cash and cash equivalents stand at $8.96 billion, a 29% increase year on year, above the estimate of $7.82 billion.

Nike on Smartkarma

According to Baptista Research on Smartkarma, NIKE, Inc. has been making impressive strides in their strategy for global dominance. Their recent financial results surpassed expectations, with a 1% growth in revenue compared to the previous year. This growth was driven by strong performance in both their digital and brick-and-mortar stores, especially in Greater China. Despite a highly promotional market, NIKE, Inc. managed to expand their gross margins and increase earnings per share and free cash flow.

In another report by Baptista Research on Smartkarma, it was noted that NIKE, Inc. has been successful in their direct-to-consumer marketplace model and new innovations. Despite facing challenges such as societal, geopolitical, and global health issues, as well as supply chain disruptions, the company has managed to achieve decent growth. In fact, their revenues have increased from $39 billion in fiscal 2019 to over $50 billion, surpassing the overall industry growth rate.


A look at Nike 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, the long-term outlook for Nike looks promising. With a score of 4 for Growth, it indicates that the company is expected to experience strong growth in the future. This can be attributed to its wide range of products, including athletic footwear, apparel, equipment, and accessories for all genders and age groups. Additionally, Nike has a score of 3 for Resilience, suggesting that it has the ability to withstand economic downturns and maintain its performance.

Furthermore, Nike also scores well in terms of Momentum, with a score of 3. This indicates that the company has been performing well in recent times and is expected to continue its positive momentum in the future. However, it is important to note that Nike has a score of 2 for both Value and Dividend, suggesting that it may not be the most undervalued stock in the market, and may not provide high dividends to its shareholders.

In summary, Nike is a well-established company that designs, develops, and sells athletic products globally. With strong scores in Growth, Resilience, and Momentum, the company is expected to continue its success in the long-term. However, investors should also consider the company’s lower scores in Value and Dividend before making any 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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Beat the Estimates: FedEx Corp (FDX) Earnings Report Reveals 3Q Adjusted EPS Surpassing Expectations

By | Earnings Alerts
  • FedEx has reported an adjusted EPS of $3.86, which surpassed the estimated $3.46.
  • The company’s revenue stands at $21.7 billion, slightly lower than the estimated $22.05 billion.
  • FedEx’s adjusted operating income is reported at $1.36 billion, which is higher than the estimated $1.24 billion.
  • The adjusted operating margin is 6.2%, which is higher than the estimated 5.63%.
  • The company has received 22 buys, 10 holds, and 0 sells.

FedEx Corp on Smartkarma

FedEx Corporation has been receiving attention from analysts on Smartkarma, an independent investment research network. Baptista Research published a report titled “FedEx Corporation: The Road to Recovery – How They’re Overcoming Challenges!” which discussed the company’s recent disappointing results. However, the report also highlighted a 17% improvement in adjusted operating income and a 110 basis points expansion in adjusted margin compared to the previous year. The Ground segment, in particular, showed impressive performance with a 57% increase in adjusted operating income and a remarkable 370 basis points expansion in adjusted margin.

Another analyst, Mohshin Aziz, also shared their insights on FedEx Corporation through a report titled “FedEx (FDX US, BUY, TP:$299): 2QFY24 Will Shed Light on E-Commerce Resurgence“. Aziz believes that FedEx’s cost reduction efforts have been successful and a boost in e-commerce in Asia Pacific could lead to higher earnings. However, they recommend giving FedEx a miss as there is too little upside for the risk. The report also includes a target price of US$299 based on 15x CY2024 PE.

Baptista Research also published a report titled “FedEx Corporation: Navigating Through Demand Fluctuations!” which discussed the company’s mixed results for the previous quarter. While revenues were below the analyst consensus, the report noted that the company’s transformation efforts, particularly the DRIVE initiative, are already reaping rewards. This has resulted in increased revenue in the Ground segment due to higher yields and exceptional operational performance, as well as substantial cost reductions achieved across the network.


A look at FedEx Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience2
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

The long-term outlook for FedEx Corp is looking positive, according to the Smartkarma Smart Scores. The company has received a score of 3 for both value and dividend, indicating that it is a solid investment with potential for growth and returns for shareholders. Additionally, FedEx Corp has scored a 4 in growth, suggesting that the company is expected to see significant growth in the future. However, the company has received a score of 2 for both resilience and momentum, which may indicate some potential challenges in the short term.

FedEx Corp is a global leader in package and freight delivery, operating in numerous countries and territories through its integrated network. The company offers a wide range of services, including express delivery, ground small-parcel delivery, less-than-truckload freight delivery, and supply chain management. They also provide customs brokerage services and electronic commerce solutions, making them a one-stop-shop for businesses looking for efficient and reliable delivery services. With a strong global presence and a positive outlook, FedEx Corp is poised for continued 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars