Category

Earnings Alerts

Indian Hotels (IH) Earnings: 1Q Net Income Misses Estimates Despite 12% YoY Growth

By | Earnings Alerts
  • Indian Hotels‘ net income for 1Q is 2.48 billion rupees, a 12% increase year-over-year (y/y).
  • Net income missed the estimated target of 2.53 billion rupees.
  • Revenue reached 15.5 billion rupees, showing a 5.4% y/y growth.
  • Revenue fell short of the expected 15.79 billion rupees.
  • Total costs were 12.7 billion rupees, rising by 4.1% y/y.
  • Other income decreased by 6.7%, amounting to 460.4 million rupees.
  • Analyst recommendations include 10 buys, 7 holds, and 3 sells.

A look at Indian Hotels Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
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

Analysts from Smartkarma have assessed Indian Hotels using their Smart Scores system, which rates different aspects of a company to determine its long-term outlook. Indian Hotels, operating under The Taj Group of hotels, received a mix of scores across various factors. The company scored moderately in terms of Value and Momentum, indicating a stable but not exceptional performance in these areas. However, Indian Hotels fared better in Dividend, Growth, and Resilience, with above-average scores in these categories.

Indian Hotels Company Limited, known for its presence in the Luxury, Business, and Leisure hotel segments, has displayed solid potential for growth and resilience, as per the Smartkarma Smart Scores assessment. With a focus on enhancing dividends, fostering growth, and maintaining resilience in the face of challenges, Indian Hotels seems equipped to navigate the competitive hospitality industry and capitalize on opportunities 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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JSW Steel Ltd (JSTL) Earnings: 1Q Net Income Drops 64%, Misses Estimates Despite Revenue Growth

By | Earnings Alerts
  • JSW Steel’s net income for Q1 is 8.45 billion rupees, a 64% decrease year-over-year, missing the estimate of 12.8 billion rupees.
  • Revenue stands at 429.4 billion rupees, a slight increase of 1.7% compared to the previous year, surpassing the estimate of 423.34 billion rupees.
  • Total costs have risen to 417.2 billion rupees, marking a 6.9% increase year-over-year.
  • Raw material costs have decreased by 7.8% year-over-year, totaling 214.6 billion rupees.
  • Expenses for purchased power, fuel, and transmission have increased by 3.4% year-over-year to 39.1 billion rupees, above the estimated 36.69 billion rupees.
  • Other income has dropped by 50% year-over-year, amounting to 1.64 billion rupees.
  • Operating EBITDA is reported at 55.1 billion rupees, slightly below the estimate of 57.81 billion rupees.
  • EBITDA margin stands at 12.8%, compared to last year’s 16.7%.
  • The company completed the transfer of Slurry Line to JSW Infra for 17 billion rupees.
  • Shares of JSW Steel fell by 4.5% to 889.45 rupees, with 3 million shares traded.
  • The stock currently has 16 buy ratings, 7 hold ratings, and 7 sell ratings from analysts.

JSW Steel Ltd on Smartkarma

Analysts on Smartkarma have been closely monitoring JSW Steel Ltd, with recent reports providing a mixed outlook on the company’s performance. Trung Nguyen from Lucror Analytics highlighted that while the Q4/23-24 results were soft, the full-year numbers were decent with robust operational stats. The share of value-added products was high and expected to increase further. Despite some concerns about liquidity, there is optimism for a stronger FY 2024-25 with higher revenue and earnings anticipated. Steel prices are expected to remain stable, presenting potential upside, although this could be dampened by increased debt due to growing capex.

Another analyst, Leonard Law, CFA, also expressed a bearish sentiment towards JSW Steel Ltd in their Morning Views report on Smartkarma. Offering fundamental credit analysis and trade recommendations, the report indicated a cautious stance on the company. Details on key company-specific developments were shared, emphasizing the importance of market indicators and a macroeconomic outlook. Leonard Law’s report provides a comprehensive overview of the factors influencing JSW Steel Ltd‘s position in the market, contributing valuable insights for investors looking to navigate the steel industry landscape.


A look at JSW Steel Ltd Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience2
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

JSW Steel Ltd, an integrated steel producer with manufacturing facilities across India, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a high Value score of 4, the company is deemed to be attractively priced compared to its intrinsic value. Additionally, having a Dividend score of 3 indicates a moderate but stable dividend payout, which can be appealing to income-seeking investors. While the Growth and Momentum scores stand at 3 each, suggesting a steady pace of expansion and market performance, the Resilience score of 2 indicates some vulnerability to economic downturns.

Overall, JSW Steel Ltd seems well-positioned for long-term success, balancing strong value, moderate dividend returns, and steady growth momentum. With a diversified product portfolio including hot rolled coils, cold rolled coils, wire rods, and galvanized coils and sheets, the company demonstrates resilience in the competitive steel industry. Investors may find JSW Steel Ltd an attractive prospect for potential growth and value opportunities 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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Fifth Third Ban (FITB) Earnings: 2Q Average Deposits Miss Estimates, EPS Hits 81c

By | Earnings Alerts
  • Fifth Third’s average deposits were $167.19 billion, falling short of the estimate of $169.12 billion.
  • Average portfolio loans and leases stood at $116.89 billion.
  • Net interest income (FTE) was reported at $1.39 billion, just below the estimate of $1.4 billion.
  • Net interest margin was slightly higher at 2.88%, compared to the estimate of 2.83%.
  • EPS was reported at 81 cents.
  • Provisions for credit losses amounted to $97 million, which was lower than the estimated $102.5 million.
  • Net credit recoveries were $144 million, which exceeded the expected charge-off of $141.8 million.
  • Common equity Tier 1 ratio was 10.6%, slightly above the estimate of 10.5%.
  • The efficiency ratio was reported at 58.5%, higher than the estimate of 57.3%.
  • Tier 1 ratio met expectations at 11.9%.
  • Adjusted non-interest income was at $717 million, close to the estimate of $717.5 million.
  • Non-interest expenses were $1.22 billion, slightly above the estimated $1.21 billion.
  • Compensation expenses were $656 million, nearly matching the estimate of $658.9 million.
  • Analyst ratings include 13 buys, 11 holds, and zero sells.

A look at Fifth Third Ban Smart Scores

FactorScoreMagnitude
Value4
Dividend4
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

According to Smartkarma Smart Scores, Fifth Third Bancorp shows a promising long-term outlook with solid scores across various key factors. With high scores in value and dividend, the company demonstrates strong fundamentals in terms of its financial health and ability to provide returns to investors. Additionally, its momentum score indicates a positive trend in the company’s performance.

While Fifth Third Bancorp scores lower in resilience and growth factors, the overall outlook remains optimistic based on the Smart Scores assessment. As a diversified financial services company operating in key regions of the United States, including retail and commercial banking, investment advisory, and data processing, Fifth Third Bancorp is positioned for continued growth and stability 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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Wipro Ltd (WPRO) Earnings: 1Q Net Income Surpasses Estimates Despite Revenue Decline

By | Earnings Alerts






  • Wipro’s net income for the first quarter was 30.03 billion rupees, up 4.6% from the previous year.
  • This net income beat analysts’ estimates of 29.31 billion rupees.
  • Revenue for the quarter was 219.6 billion rupees, a decrease of 3.8% year-over-year.
  • IT services revenue stood at 219 billion rupees, also down 3.8% year-over-year.
  • IT products revenue saw a sharp decline of 32%, amounting to 469 million rupees.
  • Total costs were reduced by 5.1%, coming in at 186.7 billion rupees.
  • Employee benefits expenses fell by 5.7% to 132.3 billion rupees, better than the estimated 135.93 billion rupees.
  • Other income increased by 14% to 7.3 billion rupees.
  • Despite the positive net income, Wipro shares fell 2.8% to 557.20 rupees, with 13.2 million shares traded.
  • Market sentiment shows 12 buy ratings, 13 hold ratings, and 20 sell ratings on Wipro’s shares.



Wipro Ltd on Smartkarma



Analyst coverage of Wipro Ltd on Smartkarma reveals insights from Janaghan Jeyakumar, CFA. In the report “Quiddity Leaderboard BSE/SENSEX Jun 24: Jio Financial Addition Creates New Possibilities,” the analyst predicts that Wipro is likely to underperform Tata Consultancy Services in the near future. Highlighting the upcoming index rebalancing event in June 2024, the report discusses Wipro’s potential deletion from the SENSEX index and the uncertainty surrounding its replacement. Additionally, the report identifies Jio Financial Services as a potential new addition to the BSE 100 index, leading to significant changes in index expectations.

In another report by Janaghan Jeyakumar, CFA, titled “Quiddity Leaderboard BSE/SENSEX Jun 24: Who Will Replace Wipro?,” the analyst presents Wipro as a high conviction deletion candidate from the SENSEX index in June 2024. The report delves into the challenges of determining Wipro’s replacement due to conflicting size-based rankings and sectoral considerations. While the current outlook points to potential index changes for SENSEX, there remains room for adjustments during the reference period. Moreover, the report suggests the possibility of multiple additions and deletions for the BSE 100 and BSE 200 indices, indicating a dynamic market landscape.



A look at Wipro Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience5
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

Wipro Ltd, a company specializing in IT and computer technologies, is forecasted to have a positive long-term outlook based on its Smart Scores. With a Value score of 3, the company is considered to be reasonably priced in the market. While the Dividend score of 2 indicates a moderate dividend performance, the Growth score of 3 suggests steady growth potential. Furthermore, Wipro’s high Resilience score of 5 signifies a strong ability to withstand market fluctuations. The Momentum score of 3 reflects a stable performance trend. Overall, Wipro Ltd is positioned well for the future with strong resilience and growth potential.

Wipro Limited’s diverse range of services, including software architecture, e-commerce, IT consulting, and consumer products, provides a solid foundation for its future prospects. The company’s Smart Scores highlight its balanced performance across different factors, indicating a stable and promising outlook in the long term. With a focus on innovation and adaptability in the rapidly evolving IT industry, Wipro is poised to leverage its strengths and capitalize on new opportunities for growth. Investors may find Wipro Ltd to be a compelling choice for long-term investment based on its overall positive Smart Scores and strategic positioning 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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Regions Financial (RF) Earnings: Solid 2Q Results with Key Metrics Meeting or Exceeding Estimates

By | Earnings Alerts
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  • Total deposits were $126.90 billion, slightly below the estimate of $127.57 billion.
  • Total loans reached $97.28 billion, surpassing the estimate of $96.23 billion.
  • Net interest income FTE was $1.20 billion, which was above the expected $1.18 billion.
  • The FTE net interest margin came in at 3.51%, beating the estimate of 3.47%.
  • Earnings per share (EPS) stood at 52 cents.
  • The Common Equity Tier 1 ratio was 10.4%, just under the estimate of 10.5%.
  • Adjusted revenue was $1.78 billion, slightly ahead of the $1.77 billion estimate.
  • Non-interest income was $545 million, below the estimate of $583.9 million.
  • Net charge-offs were $101 million, which was better than the estimated $117.1 million.
  • Non-interest expenses were $1.00 billion, better than the estimate of $1.02 billion.
  • The provision for credit losses was $102 million, significantly below the estimated $136.9 million.

Comments:

  • Incident levels have normalized to expected levels.
  • The company anticipates operational losses of approximately $100 million for the full year 2024.
  • “Our teams delivered solid second-quarter results driven by the successful execution of Regions’ business strategies.”

Analyst Ratings:

  • 9 buys
  • 16 holds
  • 1 sell

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A look at Regions Financial Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience4
Momentum4
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

Regions Financial Corporation, a regional multi-bank holding company, presents a promising long-term outlook based on its strong Smartkarma Smart Scores. With a notable Value score of 4, Regions Financial is considered fundamentally sound in terms of its financial health and market valuation. Alongside its solid Dividend score of 4, indicating consistent and attractive dividend payouts, investors can find appeal in the company’s dividend yield potential.

Additionally, the company’s Resilience score of 4 highlights its ability to weather economic uncertainties and challenges, making it a relatively safe investment choice. The Momentum score of 4 suggests positive market momentum, reflecting growing investor interest and confidence. While the Growth score of 3 is slightly lower, Regions Financial‘s diversified range of financial services across key regions in the United States positions it well for sustainable growth in the long run.

Summary:

Regions Financial Corporation is a regional multi-bank holding company that offers a range of financial services, including mortgage banking, insurance, leasing, and securities brokerage. Operating mainly in the South, Midwest, and Eastern United States, Regions Financial is well-positioned to leverage its established presence and Smartkarma Smart Scores to drive steady performance and value for investors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Bharat Petroleum Corp (BPCL) Earnings Exceed Projections Despite 71% Y/Y Net Income Drop

By | Earnings Alerts






  • BPCL’s net income for 1Q 2024 is 30.1 billion rupees, which is a 71% decrease year-on-year.
  • This net income figure is higher than the estimated 26.21 billion rupees.
  • Revenue for the quarter stands at 1.28 trillion rupees, matching last year’s figure and exceeding the estimate of 1.17 trillion rupees.
  • Total costs rose to 1.25 trillion rupees, an increase of 8.7% compared to the same period last year.
  • BPCL’s refining margin dropped by 38% year-on-year to $7.86.
  • BPCL shares fell by 4.6% to 303.50 rupees, with 16.3 million shares traded.
  • Investment analyst ratings include 18 buys, 5 holds, and 10 sells.



A look at Bharat Petroleum Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
Resilience3
Momentum4
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

Based on the Smartkarma Smart Scores, Bharat Petroleum Corp is positioned favorably for long-term success. With a high Dividend score of 5, investors can expect steady returns from the company. Additionally, the Value score of 4 indicates that the company is reasonably priced relative to its intrinsic value, making it an attractive investment option. Furthermore, the Momentum score of 4 suggests that Bharat Petroleum Corp is showing strong positive market momentum, which bodes well for its future performance.

Although the Growth and Resilience scores are slightly lower at 3, Bharat Petroleum Corp‘s overall outlook remains positive. The company’s core business of exploring, refining, and manufacturing petroleum products, along with its expansive retail presence across the country, positions it well 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.
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Epiroc (EPIA) Earnings: 2Q Orders Meet Estimates, Shares Fall 3.4%

By | Earnings Alerts
  • Epiroc’s 2Q orders amounted to SEK 16.35 billion, closely matching the estimate of SEK 16.28 billion.
  • The company’s operating profit for the quarter was SEK 2.92 billion, falling short of the expected SEK 3.32 billion.
  • Epiroc’s shares saw a decline of 3.4%, trading at SEK 209.10, with a volume of 181,063 shares traded.
  • Analyst recommendations include 6 buys, 11 holds, and 8 sells for Epiroc’s stock.

A look at Epiroc Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience3
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

Epiroc Aktiebolag, a provider of construction and mining machinery, has garnered favorable Smartkarma Smart Scores across various key factors. With solid scores in Growth, Resilience, and Momentum, Epiroc is poised for a promising long-term outlook. The company’s focus on expansion and innovation, combined with its ability to adapt to market challenges, highlights its potential for sustained growth and competitiveness in the industry.

Despite moderate scores in Value and Dividend, Epiroc’s overall outlook remains positive, supported by its comprehensive product offerings and global customer base. As Epiroc continues to strengthen its position in the construction and mining equipment market, investors may find confidence in the company’s capacity to capitalize on growth opportunities and navigate changing market dynamics.


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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Ultratech Cement (UTCEM) Earnings: 1Q Net Income Falls Short of Estimates, Shares Drop

By | Earnings Alerts
  • UltraTech Cement’s net income was 17 billion rupees, which is a 0.6% increase year-over-year but below the estimated 17.87 billion rupees.
  • Revenue reached 180.7 billion rupees, marking a 1.9% rise from the previous year, short of the estimated 182.61 billion rupees.
  • Total costs were 161.3 billion rupees, reflecting a 3.1% increase year-over-year.
  • Profit before depreciation, interest, tax, and other income stood at 32.05 billion rupees.
  • UltraTech Cement shares fell by 2.4%, closing at 11,370 rupees with 261,812 shares traded.
  • Analyst recommendations include 34 buys, 4 holds, and 4 sells.
  • Comparisons are based on the company’s original disclosures.

A look at Ultratech Cement Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience4
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

Ultra Tech Cement Ltd., a leading producer of cement products, is poised for a stable long-term outlook based on the Smartkarma Smart Scores analysis. With a balanced score of 3 in Value, Dividend, and Growth categories, the company demonstrates a solid foundation for sustained performance. Additionally, scoring 4 in Resilience and Momentum, Ultratech Cement showcases its ability to withstand market fluctuations and maintain positive growth momentum.

As part of Larsen & Toubro’s cement operations, Ultratech Cement benefits from a diversified product range and strong industry presence. Owned primarily by Grasim Industries, this company’s Smart Scores reflect a robust overall outlook, positioning it well for potential long-term growth and stability in the cement 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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China Petroleum & Chemical (386) Earnings: Sinopec Reports 1H Crude Output of 140.53M Barrels

By | Earnings Alerts
  • Crude Production: Sinopec’s preliminary crude output for the first half of 2024 is 140.53 million barrels.
  • Gas Production: Preliminary gas output stands at 700.57 billion cubic feet for the same period.
  • Analyst Ratings: 14 buy ratings, 5 hold ratings, and 0 sell ratings from analysts.

A look at China Petroleum & Chemical Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
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

Based on the Smartkarma Smart Scores, China Petroleum & Chemical Corporation is positioned favorably for long-term success. With top scores in Value and Dividend factors, the company demonstrates strong financial performance and commitment to returning value to investors through dividends. This indicates stability and attractiveness for potential investors looking for reliable returns.

Although slightly lower in Growth and Resilience scores, the company still holds a respectable position in these areas. However, with a perfect score in Momentum, China Petroleum & Chemical shows strong upward potential in the market, reflecting positive market sentiment and potential for future growth.

### China Petroleum & Chemical Corporation produces and trades petroleum and petrochemical products. The Company offers gasoline, diesel, jet fuel, kerosene, ethylene, synthetic fibers, synthetic rubber, synthetic resins, and chemical fertilizers. China Petroleum & Chemical markets its products throughout 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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Siam Commercial Bank (SCB) Earnings Fall Short of Q2 Estimates: Net Income at 10.01 Billion Baht

By | Earnings Alerts
  • SCB X 2Q Net Income: 10.01 billion baht
  • Estimated Net Income: 10.62 billion baht
  • Reported EPS (Earnings Per Share): 2.97 baht
  • Estimated EPS: 3.23 baht
  • Analyst Ratings:
    • 18 buys
    • 7 holds
    • 3 sells

A look at Siam Commercial Bank Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
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

SCB X Public Company Limited’s long-term outlook appears promising based on Smartkarma Smart Scores. With high scores in Dividend and Growth, as well as strong scores in Value and Momentum, the bank is positioned well for future success. The company provides a range of banking services globally, including accounts, loans, cards, deposits, insurance, and digital banking.

SCB X’s solid scores in Dividend and Growth indicate a healthy financial position and potential for expansion. Furthermore, its strong performance in Value and Momentum suggests that the company is undervalued and has positive market momentum. Despite a slightly lower score in Resilience, SCB X Public Company Limited’s overall outlook remains positive, making it an appealing option for investors seeking long-term growth and dividends.


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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