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Earnings Alerts

Motorola Solutions (MSI) Earnings: 3Q Adjusted EPS Forecast Surpasses Estimates, Strong Revenue Growth Expected

By | Earnings Alerts
  • Third Quarter Forecast: Motorola Solutions expects adjusted EPS between $3.32 and $3.37, beating the estimate of $3.31.
  • Revenue Growth: The company sees third-quarter revenue increasing by 7% to 8% year-over-year.
  • Second Quarter Results:
    • Adjusted EPS of $3.24 vs. $2.65 from the previous year, above the estimate of $3.01.
    • Net sales reached $2.63 billion, an increase of 9.4% year-over-year, surpassing the estimate of $2.59 billion.
    • Products and Systems Integration Segment sales were $1.66 billion, up 15% year-over-year, beating the $1.58 billion estimate.
    • Software and Services Segment sales were $970 million, a slight increase of 0.4% year-over-year, but below the $1 billion estimate.
    • Gross margin improved to 51% from 49.5% year-over-year, exceeding the 50.1% estimate.
    • Adjusted operating income was $758 million, an 18% increase year-over-year, and above the estimate of $713.7 million.
    • Adjusted operating margin reached 28.8% versus 26.7% year-over-year, topping the 27.5% estimate.
    • Free cash flow was $112 million, up from $40 million year-over-year but below the $364 million estimate.
  • Comments on Future Outlook:
    • For the third quarter of 2024, the company expects revenue to grow between 7% and 8% compared to the same period in 2023.
    • For the full year 2024, the company raised its revenue growth expectation to approximately 8%, up from prior guidance of about 7%.
    • Full-year non-GAAP EPS is now expected to be between $13.22 and $13.30, increased from the previous range of $12.98 to $13.08 per share.
  • Positive Business Momentum: The company attributes the updated forecasts to a strong ending backlog and business momentum entering the second half of the year.
  • Analyst Ratings: There are currently 9 buys, 3 holds, and 1 sell ratings on the stock.

Motorola Solutions on Smartkarma

Analyst coverage of Motorola Solutions on Smartkarma highlights positive sentiments from Baptista Research analysts. In their report titled “Motorola Solutions Inc.: What Is The Implication of Cloud Technology Adoption? – Major Drivers,” they commend Motorola Solutions for its robust financial performance in the first quarter of 2024. The company experienced a 10% revenue growth, a significant 27% increase in earnings per share, expanded operating margin, and a record first quarter operating cash flow of $382 million. This growth was driven by various segments, signaling a strong outlook for the company.

In another report by Baptista Research, “Motorola Solutions: Enhanced Safety Portfolio With The Acquisition of IPVideo & 5 Other Drivers Of The Company’s Stock In 2024! – Financial Forecasts,” analysts laud the company for delivering impressive 2023 fourth quarter earnings. Gregory Brown, Chairman and CEO, highlighted the highest ever revenue in both segments and all three technologies, showcasing strong demand for their Security and Safety Solutions. The report also mentioned that revenue for the quarter grew 5% with growth across all segments, regions, and technologies, indicating a positive trajectory for Motorola Solutions.


A look at Motorola Solutions Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
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

Motorola Solutions, Inc. is positioned for a positive long-term outlook based on the Smartkarma Smart Scores. With a Growth score of 4 and Momentum score of 4, the company shows strong potential for expansion and upward movement in the market. This indicates that Motorola Solutions is likely to experience growth and continue its positive trajectory over the long term.

Although the Value, Dividend, and Resilience scores are moderate, the higher scores in Growth and Momentum suggest that investors may find Motorola Solutions an attractive prospect for long-term investment. With a diverse range of products in data communications and telecommunications equipment, including public safety and government solutions, Motorola Solutions is well-positioned to capitalize on emerging market trends and technological advancements.


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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Regency Centers (REG) Earnings: FY FFO/Shr Forecast Raised, Q2 Beats Estimates

By | Earnings Alerts
  • Regency Centers has increased its full-year FFO (Funds From Operations) per share forecast to a range of $4.21 to $4.25, higher than the previous estimate of $4.15 to $4.21.
  • The latest estimate for FFO per share was $4.19.
  • For the second quarter, FFO per share reported was $1.06, surpassing both last year’s $1.03 and the estimate of $1.02.
  • Same property Net Operating Income (NOI), excluding termination fees, increased by 2.7%, well above the estimate of 1.11%.
  • The midpoint of Regency Centers‘ 2024 Core Operating Earnings guidance suggests a growth of approximately 4% year-over-year.
  • This growth estimate excludes the collection of receivables that were reserved during the years 2020-2021.
  • Analyst ratings include 17 buys, 4 holds, and 0 sells for Regency Centers.

A look at Regency Centers Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
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

Regency Centers Corporation, a real estate investment trust specializing in grocery-anchored neighborhood retail centers, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a solid rating of 4 out of 5 for both Dividend and Growth, Regency Centers demonstrates strength in providing consistent dividends to investors and has potential for future expansion and profitability. Its Momentum score of 4 indicates positive market momentum, reflecting investor interest and confidence in the company’s performance.

On the other hand, Regency Centers scores lower in Resilience with a rating of 2, suggesting some vulnerability to market fluctuations. However, with a Value score of 3, the company is considered reasonably priced relative to its intrinsic value. Overall, Regency Centers appears well-positioned for growth and income generation in the long run, leveraging its strong presence in various states across the United States.


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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Celanese Corp Series A (CE) 2Q Earnings: Adjusted EPS Misses Estimates, Net Sales Decline

By | Earnings Alerts
  • Adjusted EPS for Celanese in 2Q was $2.38, compared to $2.17 y/y, but missed the estimate of $2.71.
  • Net sales were $2.65 billion, a decline of 5.2% y/y, and below the estimate of $2.78 billion.
  • Engineered Materials net sales were $1.47 billion, a drop of 7.4% y/y, missing the estimate of $1.55 billion.
  • Acetyl Chain net sales were $1.20 billion, down 2.5% y/y, and slightly below the estimate of $1.22 billion.
  • Operating EBITDA was $632 million, an increase of 2.6% y/y but below the estimate of $662.2 million.
  • Analyst recommendations include 6 buys, 12 holds, and 5 sells.

Celanese Corp Series A on Smartkarma

Independent analysts on Smartkarma, like Baptista Research, are closely following Celanese Corp Series A. The report titled “Celanese Corporation: Expanding Capacity in Acetyls Chain and Engineered Materials & Other Major Drivers” provides insights from the Q1 2024 earnings call. CEO Lori Ryerkerk mentioned that the macroeconomic environment remains stable with no significant positive or negative trends identified. This indicates a potential end to destocking trends and stabilization of order books.

Another report from Baptista Research, “Celanese Corporation: Integrated Value Chain Model & 5 Biggest Catalysts For Its Growth! – Major Drivers,” discusses the Q4 2023 earnings. CEO Lori Ryerkerk forecasts a notable improvement in the M&M business for Q1 2024, expecting the highest quarterly EBITDA since its acquisition. This positive outlook is attributed to lower raw material costs, reduced fixed expenses, and an anticipated recovery in the automotive sector.


A look at Celanese Corp Series A Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE2.8

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

Based on the Smartkarma Smart Scores, Celanese Corp Series A shows a balanced long-term outlook across key factors. With moderate ratings across Value, Dividend, Growth, and Momentum, the company demonstrates a stable position in the market. While its Resilience score ranks slightly lower, indicating some vulnerability, the overall outlook remains positive.

Celanese Corporation, a leading global producer of chemicals and advanced materials, operates across key regions including North America, Europe, and Asia. Specializing in acetyl, acetate, vinyl emulsion, and engineered polymers, the company’s diverse product line contributes to its solid standing in the 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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Coinbase Global (COIN) Earnings: 2Q Revenue Surpasses Estimates With Strong Transaction and Subscription Growth

By | Earnings Alerts

Coinbase 2Q Highlights

  • Revenue for Q2 was $1.45 billion, surpassing estimates of $1.39 billion.
  • Transaction revenue significantly increased to $780.9 million from $327.1 million year-over-year, beating the $745.1 million estimate.
  • Subscription and services revenue rose 79% year-over-year to $599.0 million, exceeding the $561.8 million estimate.
  • Earnings per share stood at 14 cents.
  • Trading volume saw a notable rise to $226 billion from $92 billion year-over-year, surpassing the $219.46 billion estimate.
  • Retail trading volume increased to $37 billion from $14 billion year-over-year, though slightly below the $40.06 billion estimate.
  • Institutional trading volume jumped to $189 billion from $78 billion year-over-year, marginally beating the $188.31 billion estimate.
  • Adjusted EBITDA was $596 million, slightly below the estimate of $612.3 million.
  • For the third quarter, Coinbase forecasts subscription and services revenue to be between $530 million and $600 million, compared to an estimate of $565.3 million.
  • Coinbase One, a product for retail users, is gaining traction.
  • Coinbase continues to litigate against the SEC where necessary.
  • There are 14 buy, 12 hold, and 4 sell recommendations for Coinbase stock.

Coinbase Global on Smartkarma

On Smartkarma, analysts like Baptista Research are providing in-depth coverage of Coinbase Global. In their report titled “Coinbase Global: Increased Adoption and Expansion of Base! – Major Drivers,” they highlight the strong first quarter performance of Coinbase under CEO Brian Armstrong’s leadership. The report emphasizes Coinbase’s progress on revenue expansion, growth in stablecoins, dominance in derivatives, and efforts towards regulatory clarity through initiatives like the Base Layer 2 solution and pro-crypto candidate support.

Another report by Baptista Research, “Coinbase Global: Paradox of Its Market Dominance and Regulatory Hurdles! – Major Drivers,” delves into Coinbase’s financial achievements, including significant cost cuts leading to positive net income and strong revenue figures. The analysis underscores Coinbase’s success factors of long-term strategy, regulatory compliance, and operational efficiency amidst a challenging crypto market. Baptista Research also aims to assess factors influencing Coinbase’s future stock price and conducts an independent valuation using a Discounted Cash Flow methodology.


A look at Coinbase Global Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience4
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

Based on Smartkarma’s Smart Scores, Coinbase Global shows promising long-term potential. With a high Growth score of 5, the company is seen as having strong prospects for expansion and development in the future. Additionally, Coinbase Global scores well in Resilience with a score of 4, indicating a stable and robust business model that can weather market uncertainties.

Although Coinbase Global receives a lower score in Value and Dividend at 2 and 1, respectively, it compensates with a respectable Momentum score of 3. This suggests the company is on an upward trajectory in terms of market performance. Overall, Coinbase Global, Inc. is positioned well to capitalize on the growing interest in cryptocurrencies and continues to attract clients globally with its platform for buying and selling digital assets.


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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Booking Holdings (BKNG) Earnings: 2Q Revenue Surpasses Estimates with Strong Adjusted EPS Growth

By | Earnings Alerts
  • Revenue: Booking’s revenue for Q2 reached $5.86 billion, representing a 7.3% year-over-year increase, surpassing the estimate of $5.77 billion.
  • Agency Revenue: Agency revenue was down 12% year-over-year at $2.14 billion, lower than the expected $2.29 billion.
  • Advertising & Other Revenue: This segment grew by 2.3% year-over-year to $269 million, though it missed the estimate of $282.3 million.
  • Marketing Expense: Marketing expenses rose by 7.7% year-over-year to $1.94 billion, slightly below the estimate of $1.97 billion.
  • Adjusted EBITDA: Adjusted EBITDA increased by 6.6% year-over-year to $1.90 billion, beating the estimate of $1.76 billion. The adjusted EBITDA margin was 32.4%, compared to 32.6% last year and the estimated 30.4%.
  • Adjusted EPS: Adjusted earnings per share were $41.90, compared to $37.62 last year and surpassing the estimate of $38.20.
  • Gross Bookings: Gross bookings totaled $41.4 billion, a 4.3% year-over-year increase, but slightly below the estimate of $41.76 billion.
  • Gross Agency Bookings: These bookings were down 16% year-over-year at $15.6 billion, falling short of the estimated $17.68 billion.
  • Gross Merchant Bookings: Gross merchant bookings grew by 22% year-over-year to $25.8 billion, exceeding the estimate of $24.15 billion.
  • Room Nights Sold: Booking sold 287 million room nights, slightly above the estimate of 284.44 million, translating to a 7.1% year-over-year increase.
  • Rental Car Days Sold: 22 million rental car days were sold, a slight increase from the estimate of 21.98 million, representing a 10% year-over-year increase.
  • Airline Tickets Sold: The company sold 11 million airline tickets, lower than the estimated 11.27 million but marking an impressive 27.7% year-over-year increase.
  • Analyst Ratings: There are currently 27 buy ratings, 11 hold ratings, and no sell ratings.

Booking Holdings on Smartkarma

Analyst coverage of Booking Holdings on Smartkarma provides valuable insights for investors. Baptista Research‘s report emphasizes the company’s strong performance in the first quarter of 2024, with impressive room night bookings and revenue growth. The analysis includes a fundamental evaluation of Booking Holdings using a Discounted Cash Flow methodology to assess future price influences. Baptista Research also highlights the company’s strategic focus on leveraging technology such as AI for growth, showcasing a positive outlook for the company’s future.

Furthermore, analyst Mohshin Aziz‘s report on Booking.com highlights the company’s record 2023 results and cash dividend announcement. Despite a temporary share price drop due to soft guidance and market conditions, Aziz sees potential in Booking.com’s stock buyback program and considers the current trading price at a discount. The report presents an opportunity for investors to consider buying on dips, especially with the share buyback initiative in place, indicating a favorable long-term investment outlook.


A look at Booking Holdings Smart Scores

FactorScoreMagnitude
Value0
Dividend2
Growth5
Resilience4
Momentum4
OVERALL SMART SCORE3.0

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

Booking Holdings Inc., a prominent online travel company, is poised for a favorable long-term outlook based on the Smartkarma Smart Scores. With a strong emphasis on Growth, Resilience, and Momentum, the company showcases robust potential for expansion and profitability in the travel industry. The high score in Growth signifies promising prospects for increasing market share and revenue generation, while Resilience and Momentum scores highlight the company’s ability to adapt to changing market conditions and maintain positive business performance.

While Booking Holdings may not score as strongly on the Value aspect, its overall outlook remains optimistic, supported by a decent Dividend score. As a global provider of travel services ranging from accommodations to airline tickets, the company is well-positioned to capitalize on the growing demand for online travel reservations worldwide. Investors may find Booking Holdings an attractive prospect for long-term investment based on its solid Growth, Resilience, and Momentum scores that signal a promising trajectory in the competitive travel 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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Intel Corp (INTC) Earnings: 3Q Revenue Forecast Misses Estimates, Cost-Cutting Measures Announced

By | Earnings Alerts
  • Intel forecasts third-quarter revenue of $12.5 billion to $13.5 billion, missing the expected $14.38 billion.
  • Projected adjusted loss per share is 3 cents, whereas the estimate was an earnings per share of 30 cents.
  • Adjusted gross margin forecast is 38%, short of the 45.5% estimate.
  • Second-quarter revenue is $12.83 billion, slightly down by 0.9% year-over-year, missing the $12.95 billion estimate.
  • Adjusted EPS for the second quarter is 2 cents compared to 13 cents year-over-year, below the 10 cents estimate.
  • Second-quarter adjusted gross margin is 38.7%, lower than the 39.8% year-over-year and the 43.6% estimate.
  • R&D expenses for the quarter are $4.24 billion, up 3.9% year-over-year, under the $4.42 billion estimate.
  • Adjusted operating income plummets to $24 million, a 95% decrease year-over-year, far below the $403.8 million estimate.
  • Adjusted operating margin is 0.2%, a significant drop from 3.5% year-over-year and the 3.31% estimate.
  • Second-quarter Intel Products revenue stands at $11.80 billion, close to the $12 billion estimate.
  • Client Computing revenue reaches $7.41 billion, below the $7.53 billion estimate.
  • Datacenter & AI revenue is $3.05 billion, missing the $3.07 billion estimate.
  • Network & Edge revenue totals $1.34 billion, below the $1.4 billion estimate.
  • Intel Foundry revenue is $4.32 billion, under the $4.47 billion estimate.
  • All Other Revenue amounts to $968 million, slightly above the $963 million estimate.
  • Altera revenue is $361 million, surpassing the $356.1 million estimate.
  • Mobileye revenue hits $440 million, exceeding the $429.7 million estimate.
  • Other revenue is $167 million, below the $177.5 million estimate.
  • Intel announces a $10 billion cost reduction plan to improve efficiency and market competitiveness.
  • The company plans a headcount reduction of more than 15%.
  • Dividend will be suspended starting in the fourth quarter of 2024.
  • For 2025, Intel targets gross capital expenditures between $20 billion and $23 billion, with net capital spending between $12 billion and $14 billion.
  • Intel plans to reduce gross capital expenditures in 2024 by more than 20% from prior projections, bringing it to between $25 billion and $27 billion, with expected net capital spending between $11 billion and $13 billion.

Intel Corp on Smartkarma

Analyst coverage of Intel Corp on Smartkarma reveals mixed sentiments from various research reports. William Keating‘s analysis highlights Intel’s risky foundry strategy with uncertain success probabilities as per Intel’s 2023 10K filing. Another report by Keating discusses Apollo’s $11 billion investment in a joint venture related to Intel’s Fab 34 and questions Intel’s strategic decisions in this investment.

Furthermore, Keating’s report points to leadership instability at Intel with the departure of the foundry chief Stuart Pann and rapid replacement by Kevin O’Buckley. On a bullish note, Baptista Research‘s report emphasizes Intel’s strong Q1 financial performance, citing revenue growth and effective cost management. However, they acknowledge near-term supply constraints affecting the company’s performance in the first half of the year.


A look at Intel Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth2
Resilience3
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

Intel Corporation, a leading computer components manufacturer, is poised for a stable long-term outlook based on the Smartkarma Smart Scores analysis. With a solid Value score of 4, Intel is perceived as offering good value relative to its current stock price. While the Growth and Momentum scores are moderate at 2, the company still maintains a respectable Resilience score of 3, indicating its ability to weather market fluctuations. Additionally, Intel’s Dividend score of 3 underscores its capability to provide steady returns to investors.

Intel Corporation, known for designing and selling a wide range of computer components, garners an average overall outlook based on the Smartkarma Smart Scores. The company’s diverse product portfolio includes microprocessors, chipsets, memory products, and more. Although the Growth and Momentum scores are modest at 2, Intel displays strength in Value with a score of 4, implying a favorable investment proposition. Moreover, its Resilience score of 3 signals a certain level of stability, coupled with a decent Dividend score of 3, reflecting Intel’s ability to reward investors over 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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Amazon.com Inc (AMZN) Earnings: 2Q Net Sales Align with Estimates, AWS Outperforms Expectations

By | Earnings Alerts
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  • Amazon’s net sales for Q2 2024: $147.98 billion, up 10% year-over-year, nearly meeting the estimate of $148.78 billion.
  • Online stores net sales: $55.39 billion, up 4.6% year-over-year, close to the estimate of $55.55 billion.
  • Physical stores net sales: $5.21 billion, up 3.6% year-over-year, nearly matching the estimate of $5.26 billion.
  • Third-Party Seller Services net sales: $36.20 billion, up 12% year-over-year, slightly missing the estimate of $36.65 billion.
  • Amazon Web Services (AWS) net sales: $26.28 billion, up 19% year-over-year, surpassing the estimate of $25.98 billion.
  • North America net sales: $90.03 billion, up 9.1% year-over-year, slightly exceeding the estimate of $89.98 billion.
  • International net sales: $31.66 billion, up 6.6% year-over-year, below the estimate of $32.87 billion.
  • Third-party seller services net sales excluding foreign exchange (F/X): up 13%, below the year-over-year growth of 18%, meeting the estimate of +13.4%.
  • Amazon Web Services net sales excluding F/X: up 19%, above the year-over-year growth of 12%, exceeding the estimate of +17.2%.
  • EPS: $1.26, significantly higher than the previous quarter’s 98 cents, and above the estimate of $1.04.
  • Operating income: $14.67 billion, up 91% year-over-year, beating the estimate of $13.59 billion.
  • Operating margin: 9.9%, higher than both the previous year’s 5.7% and the estimate of 9.13%.
  • North America operating margin: 5.6%, up from 3.9% year-over-year, slightly below the estimate of 5.78%.
  • International operating margin: 0.9%, improving from -3% year-over-year, beating the estimate of 0.31%.
  • Fulfillment expense: $23.57 billion, up 11% year-over-year, above the estimate of $22.96 billion.
  • Seller unit mix: 61%, up from 60% year-over-year, meeting the estimate of 60.7%.
  • Forecast for Q3 2024: Operating income expected between $11.5 billion and $15.0 billion, compared to $11.2 billion in Q3 2023.
  • Q3 2024 net sales expected between $154.0 billion and $158.5 billion, projecting growth between 8% and 11% compared to Q3 2023.
  • Amazon’s shares fell 2.2% in post-market trading to $179.95 after trading 39,829 shares.
  • Analyst consensus: 74 buys, 3 holds, 0 sells.

“`


Amazon.com Inc on Smartkarma

Analysts on Smartkarma have been closely monitoring Amazon.com Inc‘s performance and growth prospects. Uttkarsh Kohli‘s report on “Amazon Q2 Earnings” anticipates a strong 58.5% YoY growth in EPS driven by AWS expansion and e-commerce performance, with analysts maintaining buy ratings and an average target price of $228. Joe Jasper‘s insights suggest staying overweight on large-cap growth, with a bullish outlook on mega-cap names like Amazon and others. Baptista Research‘s analysis of Amazon’s Q1 2024 results highlights a 13% YoY revenue increase and significant operating income growth due to efficiency improvements. MBI Deep Dives provides a broader context on Amazon’s 1Q’24 update, touching on revenue performance relative to guidance. Lastly, Brian Freitas notes Amazon’s inclusion in the Dow Jones Industrial Average following Walmart’s stock split, with implications for passive investors.


A look at Amazon.com Inc 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 for Amazon.com Inc, the company shows strong potential for long-term growth and momentum. With high scores in Growth and Momentum factors, Amazon.com Inc is positioned well for future development and market performance. Its focus on expanding its product offerings and maintaining strong market presence indicate a positive outlook for the company.

While some factors like Dividend and Value scored lower, the overall resilience score indicates that Amazon.com Inc has the capacity to withstand challenges and maintain its position in the market. As a leading online retailer with a diverse range of products, Amazon.com Inc continues to innovate and adapt to changing consumer trends, which bodes well for 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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MercadoLibre (MELI) Earnings: Q2 Net Revenue Soars to $5.1 Billion, Beating Estimates

By | Earnings Alerts
  • Net Revenue: MercadoLibre achieved a net revenue of $5.1 billion in the second quarter, surpassing the estimated $4.67 billion.
  • Net Income: The company’s net income reached $531 million, higher than the anticipated $414.9 million.
  • Operating Income: Operating income was reported at $726 million, exceeding the estimate of $669.5 million.
  • Unique Buyer Growth: The number of unique buyers accelerated, hitting almost 57 million users, showing significant growth.
  • Items Sold: Items sold accelerated by 29%, marking the fastest growth since early 2021.

MercadoLibre on Smartkarma

Smartkarma, an independent investment research network, is buzzing with insightful analyses on MercadoLibre by renowned analysts. Leandro Gubler‘s research delves into MercadoLibre’s credit rating outlook, highlighting S&P’s positive revision and the company’s robust credit metrics. The study indicates MELI’s bonds potentially trading at investment grade levels, reflecting the firm’s strong credit standing compared to peers in the high-yield category.

Moreover, Baptista Research‘s reports shed light on MercadoLibre’s financial prowess and strategic expansions. The coverage lauds the company’s Q1 2024 earnings performance, emphasizing substantial growth in key markets like Brazil and Mexico. Additionally, Baptista Research commends MercadoLibre’s expanded logistics network and enhanced fintech offerings, attributing the firm’s impressive financial achievements to strategic investments in tech infrastructure and user-focused strategies.


A look at MercadoLibre Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.0

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

Analysts using Smartkarma Smart Scores have provided insights into MercadoLibre’s long-term outlook. With a high Growth score of 4, the company is seen as having strong potential for expansion in the future. This is complemented by a Momentum score of 4, indicating positive market momentum. Despite a lower Dividend score of 1, MercadoLibre’s focus on growth and resilience can be seen through its Value and Resilience scores of 3. Overall, the company’s performance in these key areas suggests a promising outlook for the online trading site serving Latin American markets.

MercadoLibre, Inc. is an online platform enabling businesses and individuals in Latin America to conduct sales, purchases, and classified advertisements online. In addition to facilitating e-commerce, the company offers essential services such as online payment solutions. With solid Growth and Momentum scores, MercadoLibre demonstrates its potential for future growth and market strength, positioning it favorably in the evolving online trading landscape.


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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ResMed Inc (RMD) Earnings Beat Estimates with 4Q Adjusted EPS of $2.08, Revenue Matches Projections

By | Earnings Alerts
  • ResMed’s adjusted EPS for Q4 is $2.08, surpassing last year’s $1.60 and meeting the $2.07 estimate.
  • Revenue hits $1.22 billion, showing a 9% year-over-year growth and meeting expectations.
  • Global devices revenue is $635.1 million, a 5.4% increase from last year, though below the $643.2 million estimate.
  • Global masks and other revenue totals $436.2 million, a significant 14% rise, beating the $419.6 million estimate.
  • Global software as a service revenue reaches $151.9 million, up 9.6%, slightly above the $150.2 million estimate.
  • Operating income stands at $381.2 million, a substantial 38% increase from last year, exceeding the $375.2 million estimate by analysts.
  • Adjusted gross margin improves to 59.1% compared to last year’s 55.8%, and above the 58% estimate.
  • ResMed receives 8 buy ratings and 6 hold ratings, with no sell ratings noted.

Resmed Inc on Smartkarma

Analysts on Smartkarma, like Baptista Research, have been closely following ResMed Inc., a company known for its innovative healthcare solutions. In their recent report titled “ResMed Inc.: What Are Their Latest Products & Their Expected Revenue Impact? – Major Drivers,” Baptista Research highlighted ResMed’s strong performance in the third financial quarter of 2024. The company demonstrated robust top-line growth and double-digit bottom-line growth, driven by the continued demand for their devices globally and significant growth in their Software as a Service business and masks and accessories segment. This growth is especially noteworthy considering the company’s exceptional growth in the previous year.

Furthermore, Baptista Research‘s insights on “ResMed Inc: Potential expansion of sleep awareness and population health management strategies to boost growth! – Major Drivers,” shed light on ResMed’s Q2 FY2024 earnings, showcasing strong overall execution with double-digit growth in both top and bottom lines. The report emphasized ResMed’s global growth in devices and Software as a Service business, positioning the company to address the widespread issue of sleep-related conditions affecting billions worldwide. Analysts like those at Baptista Research provide valuable perspectives on ResMed’s strategic initiatives and growth potential in the healthcare sector.


A look at Resmed Inc Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.0

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

Looking at ResMed Inc’s Smart Scores, the company seems to have a promising long-term outlook. With a strong focus on growth and momentum, scoring 4 on both factors, ResMed appears poised for expansion and continuous upward movement in the market. This indicates that the company is likely to see steady growth and increasing investor interest over time.

While the value and dividend scores are not as high at 2 each, ResMed’s resilience score of 3 suggests that the company has the ability to weather market fluctuations and economic challenges. With a core business centered around developing and selling medical equipment for sleep disordered breathing, ResMed Inc. is positioned to leverage its expertise and continue its global reach through subsidiaries and distributors in various countries.


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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Twilio (TWLO) Earnings: 2Q Adjusted EPS Surges to 87c, Outperforming Estimates of 69c

By | Earnings Alerts
  • Twilio’s Adjusted EPS: 87 cents, beating last year’s 54 cents and the estimated 69 cents.
  • Revenue: $1.08 billion, showing a 4.3% increase year-over-year and exceeding the $1.06 billion estimate.
  • Analyst Ratings: 14 buy ratings, 15 hold ratings, and 3 sell ratings for Twilio.

Twilio on Smartkarma

Analysts at Baptista Research on Smartkarma have published two bullish reports on Twilio Inc., a cloud communications platform. The first report, titled “Twilio Inc.: Twilio Alpha To Pioneer Early AI Developments & Other Major Drivers,” praises Twilio for a strong start to the year, with revenue exceeding expectations at $1.04 billion and $160 million in non-GAAP income from operations. The company’s disciplined execution has led to significant year-over-year growth and profitability, driven by record non-GAAP gross profit and strong free cash flow.

The second report, “Twilio Inc: Growth Opportunities through Partnerships and Omnichannel Authentication Catalyzing Growth? – Major Drivers,” highlights Twilio’s continued success, with the company surpassing revenue and non-GAAP income targets for Q4 2023 by generating nearly $1.1 billion in revenue and $173 million in non-GAAP income from operations. Twilio achieved $4.2 billion in revenue for the full year and improved its non-GAAP operating results significantly. Overall, analysts are optimistic about Twilio’s growth prospects and view partnerships and omnichannel authentication as key drivers for future success.


A look at Twilio Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth3
Resilience4
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

Based on Smartkarma Smart Scores, Twilio shows a promising long-term outlook. With high scores in value, resilience, and momentum, the company appears to be well-positioned for growth. Twilio’s innovative cloud computing platform, which enables developers to seamlessly integrate various communication channels into their applications, has garnered strong interest and adoption globally.

While the company does not offer a dividend, its solid growth score indicates potential for expansion in the future. Overall, Twilio’s robust fundamentals and market position suggest that it may continue to deliver value for investors in the coming years.

Summary: Twilio Inc. is a leading developer of Internet infrastructure solutions, known for its cloud computing platform that facilitates the integration of communication services into web, mobile, and phone applications. Serving a global customer base, Twilio’s impressive Smartkarma Smart Scores reflect its strong value proposition, resilience, and growth prospects in the dynamic tech 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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