Category

Earnings Alerts

Lululemon Athletica (LULU) Earnings Report: 4Q Net Revenue Meets Estimates, Forecasts Promising Growth for 2024

By | Earnings Alerts
  • Lululemon’s 4Q net revenue was $3.21 billion, which met the estimated $3.19 billion.
  • The company’s EPS (Earnings Per Share) was $5.29.
  • Inventory was reported at $1.32 billion, lower than the estimated $1.46 billion.
  • The company has provided a forecast for the first quarter of 2024, expecting an EPS ranging from $2.35 to $2.40.
  • Lululemon also expects net revenue for the first quarter of 2024 to be in the range of $2.175 billion to $2.200 billion, indicating a growth of 9% to 10%.
  • For the year 2024, the company is expecting net revenue to be between $10.700 billion and $10.800 billion, which represents a growth of 11% to 12%, or 10% to 11% excluding the 53rd week of 2024.
  • Diluted earnings per share are expected to be in the range of $14.00 to $14.20 for the year 2024.
  • The company experienced momentum across channels, geographies, and merchandise categories during the fourth quarter.
  • However, shares fell by 4.1% in post-market trading to $458.99 on 5,560 shares traded.
  • There were 26 buys, 7 holds, and 4 sells of the company’s stock.

Lululemon Athletica on Smartkarma

Lululemon Athletica Inc. has been receiving positive coverage from top independent analysts on Smartkarma, a leading investment research network. According to Baptista Research, the company’s Q3 earnings report was an all-around beat, with a robust 19% increase in total net revenue, reaching $2.2 billion. The digital channel was a major driver for this growth, commanding 41% of total revenue. The report also highlighted the success of Lululemon’s women’s business, with a 19% boost attributed to new product launches like Wundermost, a bodywear collection. The store channel also experienced a substantial 19% increase, contributing to a global store count of 686. Overall, analysts are bullish on Lululemon Athletica‘s performance and growth potential.


A look at Lululemon Athletica Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.0

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

Lululemon Athletica, a company that designs and sells athletic clothing, is expected to have a positive long-term outlook according to the Smartkarma Smart Scores. With a growth score of 4 and a momentum score of 5, the company is showing strong potential for future success. This is due to its ability to continually grow and adapt to market trends, as well as its strong momentum in the industry.

While Lululemon Athletica may not have the highest value score or dividend score, with scores of 2 and 1 respectively, it still has a good overall outlook. The company’s resilience score of 3 also indicates that it has the ability to withstand any potential challenges in the market. With its focus on producing fitness clothing for various activities and a customer base that spans across the globe, Lululemon Athletica is well-positioned for long-term success.

In summary, Lululemon Athletica is a company that designs and retails athletic clothing for a wide range of activities. According to the Smartkarma Smart Scores, the company has a positive long-term outlook with strong scores in growth and momentum. While its value and dividend scores may be lower, its resilience and global customer base make it a promising company 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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Dino Polska SA (DNP) Earnings: FY Net Income Misses Estimates Amidst Strong Like-for-Like Sales Growth

By | Earnings Alerts
  • Dino Polska’s net income for the fiscal year was 1.41 billion zloty, missing the estimated 1.44 billion zloty.
  • The company’s revenue was 25.67 billion zloty, falling short of the estimated 25.86 billion zloty.
  • Ebit for Dino Polska was 1.88 billion zloty, not reaching the estimate of 1.93 billion zloty.
  • Like-for-like sales increased by 17.2%.
  • The company’s Ebitda was 2.23 billion zloty, lower than the estimated 2.29 billion zloty.
  • The Ebitda margin was 8.7%, slightly below the estimated 8.79%.
  • In the fourth quarter, like-for-like sales saw an increase of 8.7%.
  • Analysts’ opinions on the company’s stocks are mixed with 7 buys, 6 holds, and 5 sells.

A look at Dino Polska SA Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience3
Momentum4
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, Dino Polska SA, a company that operates medium-sized supermarkets in Poland, has a positive long-term outlook. The company has received a score of 2 for Value, indicating that it has good financial health and is trading at a fair price. However, its score of 1 for Dividend suggests that it may not be a strong dividend-paying company.

On the other hand, Dino Polska SA has received high scores for Growth and Momentum, with scores of 4 for both factors. This suggests that the company has a strong potential for growth and is performing well in the market. Additionally, its score of 3 for Resilience indicates that it is able to withstand economic downturns and maintain stability.

In summary, Dino Polska SA has a promising outlook for the future, with strong potential for growth and a stable financial position. While it may not be a top choice for investors looking for dividend income, the company’s performance in the market and resilience make it a favorable option for long-term investment. Customers can continue to expect a variety of products, including groceries, cosmetics, and household items, from Dino Polska SA‘s supermarkets located in residential areas across Poland.


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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Fisher & Paykel Healthcare Corp (FPH) Earnings Forecast Boost: A Deep Dive into FY Operating Revenue Predictions

By | Earnings Alerts
  • F&P Healthcare has increased its FY operating revenue forecast to approximately NZ$1.73 billion, up from an estimate of NZ$1.72 billion.
  • The company’s updated guidance comes as the $NZ exchange rate is revised to about $0.61 for the rest of the fiscal year, compared to the previous forecast of $0.58.
  • The hospital group has seen a sustained demand for consumables across its product portfolio throughout the second half of the year, which is at the higher end of expectations set in November.
  • The Evora Full mask continues to perform well in the market, and the company has received positive feedback on the F&P Solo mask.
  • A revaluation of company-owned land is expected to impact net profit for FY24.
  • Due to the higher interest rate environment and the current zoning status, the Karaka property valuation is likely to decrease, although the exact amount of the potential reduction is currently unknown.
  • The FY24 earnings guidance excludes any potential non-cash effects resulting from a decrease in property value.
  • Current recommendations for the company’s stock include 2 buys, 6 holds, and 8 sells.
  • The comparisons made with past results are based on values reported by the company in its original disclosures.

A look at Fisher & Paykel Healthcare Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience4
Momentum5
OVERALL SMART SCORE3.2

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

Fisher & Paykel Healthcare Corp, a company that specializes in heated humidification products for respiratory care and sleep apnea treatment, has been given an overall Smart Score of 3 out of 5. This score is based on a number of factors, including value, dividend, growth, resilience, and momentum. While the company scores a 2 in both value and dividend, its growth score is a 3, indicating a positive outlook for future growth. Additionally, the company scores a 4 in resilience, suggesting that it is well-equipped to handle potential challenges in the market. Most notably, Fisher & Paykel Healthcare Corp scores a 5 in momentum, indicating strong momentum and potential for future success.

Despite some lower scores in value and dividend, Fisher & Paykel Healthcare Corp appears to have a positive long-term outlook based on its Smart Scores. As a company that designs, manufactures, and markets products for respiratory and neonatal care, Fisher & Paykel Healthcare Corp is well-positioned for growth and resilience in the market. With a strong score of 5 in momentum, the company has a promising future ahead. Overall, Fisher & Paykel Healthcare Corp is a company with a solid foundation and potential for continued 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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Enel SpA (ENEL) Earnings Report: FY Dividend per Share Matches Estimates

By | Earnings Alerts
  • Enel’s full year dividend per share was EU0.43, matching estimates.
  • The adjusted net income was slightly lower than estimated at EU6.51 billion, compared to the estimated EU6.53 billion.
  • Adjusted Ebitda exceeded estimates, reaching EU21.97 billion against the estimated EU21.69 billion.
  • Net income for the year was EU3.44 billion.
  • Revenue fell short of estimates, coming in at EU95.57 billion as opposed to the estimated EU115.77 billion.
  • Net debt increased to EU60.16 billion, higher than the estimated EU58.5 billion.
  • Enel received 21 buys, 6 holds, and 0 sells from analysts.

A look at Enel SpA Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience2
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

Enel SpA, a multinational power company, is poised for a bright future according to Smartkarma Smart Scores. The company has a strong dividend score of 5, indicating its commitment to providing returns to its shareholders. Additionally, its momentum score of 4 suggests that the company is on an upward trajectory, making it an attractive investment opportunity.

Despite facing challenges in terms of resilience, with a score of 2, Enel SpA has a solid overall outlook. Its value score of 3 and growth score of 3 highlight its potential for long-term growth and stability. With a special focus on Europe and Latin America, Enel SpA is a leader in the electricity and gas sectors, offering a range of solutions for both conventional and renewable energy sources. This, coupled with its strong Smartkarma Smart Scores, makes Enel SpA a promising company for investors to keep an eye on.


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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Dong E E Jiaoco Ltd A (000423) Earnings Report: FY Net Income Soars to 1.15B Yuan, Up 48% Y/Y

By | Earnings Alerts
  • Dong-E-E-Jiao reported a net income of 1.15 billion yuan.
  • The company’s net income increased by 48% from the previous year.
  • Revenue for the year was 4.72 billion yuan, a 17% increase year-on-year.
  • The final dividend per share declared by Dong-E-E-Jiao was 1.78 yuan.
  • There were 16 buys, 1 hold, and 0 sells made for the company’s stocks.
  • All comparisons to past results are based on values reported by the company’s original disclosures.

Dong E E Jiaoco Ltd A on Smartkarma

Smartkarma, an independent investment research network, has recently published insightful reports on Dong E E Jiaoco Ltd A by top independent analyst Xinyao (Criss) Wang. In her report, titled “Dong E E Jiao Co Ltd (000423.CH) – The Situation Is Getting Better and Better,” Wang expresses a bullish sentiment towards the company. She highlights the successful de-stocking of Dong-E-E-Jiao, which has helped to form a new supply-demand relationship. Additionally, Wang believes that the strong support from China Resources and high dividends will bring good returns for investors. She also predicts a potential reversal of the company’s previous performance struggles in the near future.

Despite some initial disappointment from investors regarding the company’s 23Q3 performance, Wang remains optimistic about Dong-E-E-Jiao’s future. She notes that the successful de-stocking has alleviated pressure on distribution channels and expects the company’s contract liabilities to decrease in the upcoming quarters. Furthermore, Wang believes that China Resources could further improve Dong-E-E-Jiao’s dividend rate, making it a more attractive investment. With the company’s continuous improvement and potential for M&A deals, Wang believes that there is still room for valuation to grow in the short term.


A look at Dong E E Jiaoco Ltd A Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience5
Momentum5
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

According to the Smartkarma Smart Scores, Dong E E Jiaoco Ltd A has a positive long-term outlook. The company has received a score of 2 for Value, 4 for Dividend, and 5 for Growth, Resilience, and Momentum. This indicates that the company is performing well in terms of these factors, with higher scores indicating better performance.

Dong E E Jiaoco Ltd A is primarily involved in the production and sale of traditional Chinese medicine, health care products, health foods, and bio-medicine. They also manufacture gelatin products. With a strong score of 5 for Growth, Resilience, and Momentum, the company is positioned for continued success in the long-term. This is good news for investors and shareholders of Dong E E Jiaoco Ltd A.


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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China Citic Bank Corp Ltd H (998) Earnings Report: FY Net Interest Income Misses Estimates

By | Earnings Alerts
  • Citic Bank’s net interest income for the fiscal year was 143.54 billion yuan, falling short of the estimated 146.87 billion yuan.
  • The bank reported a net income of 67.02 billion yuan.
  • There was a 7.91% increase in net income compared to the previous year.
  • The non-performing loans ratio stood at 1.18%, which was on par with the estimated 1.18%.
  • A final dividend per share of 35.6 RMB cents was announced.
  • The bank received 12 buy recommendations, 3 hold recommendations, and 0 sell recommendations.

A look at China Citic Bank Corp Ltd H Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum5
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

China Citic Bank Corp Ltd H, a leading banking service provider, has received an overall positive outlook according to the Smartkarma Smart Scores. With a score of 5 for both Value and Dividend, the company is deemed to have strong financial standing and attractive dividend payouts for investors. Additionally, with a Growth score of 4, the company is expected to have steady growth in the long-term. However, the company received a lower score of 2 for Resilience, indicating potential vulnerability to market fluctuations and economic challenges. Nonetheless, with a score of 5 for Momentum, China Citic Bank Corp Ltd H is expected to maintain its current positive trend in the future.

China Citic Bank Corp Ltd H offers a range of banking services including deposits, loans, currency trading, and more, catering to individuals, enterprises, and other clients. The company has received an overall positive outlook from the Smartkarma Smart Scores, with high scores in Value, Dividend, and Momentum. However, the company’s Resilience score of 2 suggests potential risks in the long-term. Nonetheless, with a Growth score of 4, China Citic Bank Corp Ltd H is expected to continue its steady growth in the future, making it a promising investment opportunity for investors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Darden Restaurants (DRI) 3Q Earnings: Sales Miss Estimates Despite Operating Income Increase

By | Earnings Alerts
  • Darden’s sales for the third quarter were $2.97 billion, which is a 6.8% increase year over year.
  • The sales estimate for the third quarter was missed, it was expected to be $3.03 billion.
  • The Earnings Per Share (EPS) from continuing operations were reported as $2.60.
  • The adjusted EPS from continuing operations was slightly higher at $2.62.
  • The operating income for the third quarter was $387.4 million, an increase of 11% year over year.
  • However, the estimated operating income was missed, it was expected to be $396.2 million.
  • Darden’s forecast for the year predicts an EPS from continuing operations between $8.45 and $8.55.
  • The company stock is currently rated as a “buy” by 19 analysts, a “hold” by 9 analysts, and a “sell” by 1 analyst.

Darden Restaurants on Smartkarma

Darden Restaurants, Inc. has been receiving mixed coverage from analysts on Smartkarma, an independent investment research network. According to Baptista Research, one of the top independent analysts on the platform, Darden Restaurants delivered mixed results for the previous quarter with revenues falling below analyst consensus. Despite this, the company has continued to expand with the opening of 17 new restaurants throughout the quarter, bringing the total to 27 across 16 states so far this year. Looking ahead, Darden is making changes to its operations, including ceasing third-party delivery, reducing lunch operations, and closing most restaurants on Christmas Day.

The innovative approach of Darden Restaurants, Inc. to boosting brand equity has also been a topic of discussion among analysts on Smartkarma. According to Baptista Research, while the company’s most recent results fell short of Wall Street expectations in terms of revenues, its earnings were above-par. This highlights the strength of Darden’s business model and strategy in driving profitable sales. To further strengthen its brands, Darden Restaurants has been focusing on marketing initiatives that showcase its unique qualities, prioritize simplicity in execution, and maintain profitability. With these efforts, the company aims to continue its growth and success in the future.


A look at Darden Restaurants 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

According to Smartkarma Smart Scores, the long-term outlook for Darden Restaurants is positive. The company has received a score of 5 for growth and 4 for momentum, indicating strong potential for future expansion and a positive trend in stock performance. Darden Restaurants, Inc. is a well-established company that owns and operates a variety of full service restaurants across North America, including seafood and Italian restaurants under different brand names.

While the company has received lower scores of 2 for value and resilience, it has received a moderate score of 3 for dividends. This suggests that while the stock may not be considered undervalued, investors can expect to receive consistent dividends from their investment in Darden Restaurants. Overall, the company’s strong growth and positive momentum make it a promising prospect for long-term investment.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Factset Research Systems Inc (FDS) Earnings Surpass Estimates with Adjusted EPS of $4.22 in 2Q

By | Earnings Alerts

• FactSet’s 2nd quarter adjusted EPS came in at $4.22, beating the estimated $3.92 and last year’s $3.80.

• The company reported revenue of $545.9 million, marking a 6% year-on-year increase, although slightly below the estimated $547.3 million.

• Adjusted operating income was $209.3 million, up 9.8% year-on-year, surpassing the estimate of $199.2 million.

• The adjusted operating margin stood at 38.3%, compared to last year’s 37% and the estimated 36.3%.

• ASV plus Professional Services reached $2.21 billion, a 6.5% year-on-year increase, slightly above the estimated $2.2 billion.

• Organic ASV plus Professional Services growth rate was 5.4%, slightly below the estimated 5.76%.

• Revenue from the Americas was $352.6 million, marking a 6.5% year-on-year increase and slightly above the estimated $352.2 million.

• EMEA region’s revenue was $139.2 million, a 5.1% year-on-year increase, although slightly below the estimated $139.7 million.

• Asia Pacific revenue was $54.1 million, a 5% year-on-year increase, but lower than the estimated $55 million.

• The client count stood at 8,020, marking a 3.8% year-on-year increase, slightly below the estimated 8,068.

• FactSet maintains its year forecast, with adjusted EPS expected to be between $15.60 and $16.00, compared to the estimated $16.10.

• The company also maintains its adjusted operating margin forecast at 36.3% to 36.7%, in line with the estimated 36.5%.

• The company’s stock currently has 5 buys, 11 holds, and 4 sells.


Factset Research Systems Inc on Smartkarma

Baptista Research, a leading provider of independent investment research on Smartkarma, recently published two insightful reports on Factset Research Systems Inc. Both reports have a bullish sentiment and highlight the company’s use of AI as a major driver for future growth.

In the first report, Factset Research Systems was praised for delivering a positive result and beating expectations in the quarter. The company achieved a 7.1% year-over-year growth in organic ASV plus professional services. To tackle challenges in the market, Factset announced a cost-reduction program and other AI initiatives to improve efficiency and sustain growth across its diverse product offerings.

The second report also had a bullish outlook on Factset’s future, citing the company’s success in 2023 due to the growth of enterprise offerings and strategic wins across various workflows. The report also highlighted Factset’s content refinery, extensive data offerings, and innovations in user experience, such as conversational interfaces and generative AI, positioning the company for continued growth.


A look at Factset Research Systems Inc 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

Factset Research Systems Inc, a company that provides economic and financial data to analysts and other financial professionals, has recently been given a Smartkarma Smart Score of 2 for value, 2 for dividend, 3 for growth, 2 for resilience, and 4 for momentum. This indicates a positive long-term outlook for the company, as the higher the score, the better the company performs in that particular factor. With a strong score for momentum, Factset Research Systems Inc is showing potential for growth and success in the future.

According to Smartkarma’s Smart Scores, Factset Research Systems Inc has an overall positive outlook, with a strong score of 4 for momentum. This company combines data from multiple suppliers into a single source, providing valuable information and analytics to its clients. With a score of 3 for growth, Factset Research Systems Inc is expected to continue expanding and providing top-notch services to its clients in the long-term. Overall, this company is a solid choice for investors looking for a company with potential for growth and success in the financial 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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Accenture Plc Cl A (ACN) Earnings Surpass Estimates with 2Q Adjusted EPS Beating Expectations

By | Earnings Alerts
  • Accenture’s 2Q adjusted EPS surpassed estimates with $2.77 compared to the $2.69 from last year, beating the estimate of $2.65.
  • The EPS stands at $2.63, an increase from $2.39 last year.
  • Revenue was reported at $15.80 billion, slightly less than the $15.81 billion from last year and also slightly below the estimate of $15.82 billion.
  • Communications, Media & Technology revenue was reported at $2.65 billion, a decrease of 8% from last year, but higher than the estimated $2.58 billion.
  • Financial Services revenue was $2.81 billion, a decrease of 6.5% from last year, and lower than the estimated $2.98 billion.
  • Product revenue increased by 0.9% from last year to $4.76 billion, slightly less than the estimated $4.78 billion.
  • Health & Public Service revenue increased by 10% from last year to $3.33 billion, higher than the estimated $3.27 billion.
  • Resources revenue increased by 2.6% from last year to $2.24 billion, slightly less than the estimated $2.27 billion.
  • Operating cash flow decreased by 9.8% from last year to $2.10 billion, lower than the estimated $2.75 billion.
  • Operating margin stands at 13%, an increase from 12.3% last year.
  • Accenture expects revenues for the third quarter of fiscal 2024 to be in the range of $16.25 billion to $16.85 billion, reflecting an approximately negative 1% foreign-exchange impact compared with the third quarter of fiscal 2023.
  • The company now expects revenue growth for fiscal 2024 to be in the range of 1% to 3% in local currency, a decrease from the previously estimated 2% to 5%.
  • For fiscal 2024, the company continues to expect operating cash flow to be in the range of $9.3 billion to $9.9 billion, property and equipment additions to be $600 million, and free cash flow to be in the range of $8.7 billion to $9.3 billion.
  • The company has received 21 buys, 8 holds, and 1 sell recommendations.

Accenture Plc Cl A on Smartkarma

The independent investment research network Smartkarma has recently seen a surge in analyst coverage on Accenture Plc Cl A. According to the research reports published by analysts such as Baptista Research, Accenture has exceeded analyst expectations in terms of revenue and earnings. The company’s bookings have also reflected a 12% growth in local currency, showcasing its ability to transform global market dynamics. Despite challenges in discretionary spending, Accenture has continued to expand its market share, with Q1 revenues reaching $16.2 billion. In this report, Baptista Research has conducted a fundamental analysis of the company’s historical financial statements.

In another report published by Baptista Research on Smartkarma, Accenture’s latest investments in AI have been highlighted. The company’s most recent results have been a mixed bag, with revenues falling short of Wall Street expectations but earnings performing above par. However, Accenture’s roster of 300 Diamond clients demonstrates the trust these clients have in the company’s extensive capabilities. With a focus on cloud migration, modern ERP, data and AI, as well as the emerging Gen AI space, Accenture is well-positioned to capitalize on market opportunities.


A look at Accenture Plc Cl A Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience4
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

According to Smartkarma Smart Scores, Accenture Plc Cl A has a positive long-term outlook. The company has received high scores in resilience and momentum, indicating its ability to withstand challenges and maintain a strong performance. With a score of 4 in both categories, this suggests that Accenture is well-positioned to adapt to changing market conditions and continue its growth.

While the company received lower scores in value and dividend, with a score of 2 and 3 respectively, it still received a score of 3 in growth. This suggests that while the company may not be undervalued, it still has potential for growth in the future. Overall, Accenture’s strong performance in resilience and momentum, along with its specialized capabilities and global reach, make it a promising company for long-term investment.

Accenture PLC provides management and technology consulting services and solutions. The company has a wide network of businesses that offer consulting, technology, outsourcing, and alliances to clients across all industries worldwide. With its high scores in resilience and momentum, Accenture is well-equipped to navigate the ever-changing business landscape and continue to deliver strong results for its clients. Its focus on specialized capabilities also positions it for potential growth in the future. Overall, Accenture is a solid choice for investors looking for a company with a positive long-term outlook.


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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Orient Overseas International (316) Earnings Report: FY Net Income Falls Short of Estimates

By | Earnings Alerts
  • Orient Overseas reported a net income of $1.37 billion for the fiscal year, which is a decrease of 86% compared to the previous year.
  • The company’s net income did not meet the estimated $1.67 billion.
  • Revenue was reported at $8.34 billion, showing a decrease of 58% year-on-year.
  • Despite the decrease in revenue, it slightly exceeded the estimated revenue of $8.29 billion.
  • The Earnings Per Share (EPS) for the company was reported at $2.07.
  • Current analyst ratings for the company include 3 buys, 0 holds, and 4 sells.
  • All comparisons to past results are based on values reported by the company’s original disclosures.

Orient Overseas International on Smartkarma

Orient Overseas International, a leading shipping company, has been receiving positive analyst coverage on Smartkarma, an independent investment research network. According to analyst Osbert Tang, CFA, in his recent report titled “Orient Overseas Intl (316 HK): Is It Time for a Reversal?“, the company is looking attractive with a surge in the Shanghai Containerised Freight Index (SCFI) and potential for a higher payout. The recent 25% increase in SCFI, due to the Red Sea crisis, has benefited Orient Overseas International and suggests that consensus forecasts may be too bearish.

Tang also highlights that Orient Overseas International‘s net cash of US$5.6bn, which equals 58% of its market capitalisation, makes its current price-to-book ratio (P/B) of 0.7 and 8% yield very attractive. He also mentions the possibility of a higher dividend payout, adding to the company’s appeal for investors. With signs of bottoming out in freight rates and load factors in the fourth quarter of 2023, Orient Overseas International may be poised for a reversal, making it a company to watch in the shipping industry.


A look at Orient Overseas International Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience5
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

Orient Overseas International Ltd, a company that owns and leases ships and provides freight forwarding and container transportation services, has a positive long-term outlook according to Smartkarma Smart Scores. With a score of 5 for both dividend and resilience, the company is expected to provide stable returns to its shareholders and withstand potential market fluctuations. Additionally, Orient Overseas International has a score of 4 for growth, indicating potential for expansion and development in the future. The company also scores a 3 for value, suggesting that it may be trading at a reasonable price in relation to its fundamentals. Overall, Orient Overseas International has received a favorable score of 5 for momentum, indicating that it has been performing well and may continue to do so in the future.

Based on its subsidiaries and operations, Orient Overseas International is primarily involved in the shipping and transportation industry. However, the company also has investments in properties and securities, showcasing its diverse portfolio. With a strong focus on resilience and growth, Orient Overseas International is well-positioned to weather any challenges and continue to expand its operations. Moreover, its high scores for dividend and momentum suggest that it may also provide stable returns and perform well in the market. Investors looking for a company with a balanced mix of stability and growth potential may find Orient Overseas International to be a promising 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.
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