Category

Smartkarma Newswire

Costar Group (CSGP) Earnings Miss Estimates: Cuts FY Revenue Forecast

By | Earnings Alerts
  • FY Revenue Forecast Cut: CoStar Group revised its full-year revenue forecast to $2.74 billion to $2.75 billion from the previous $2.76 billion to $2.77 billion. Analysts estimated $2.77 billion.
  • Adjusted EPS Forecast: Expected adjusted EPS for the full year is now 64 cents to 66 cents.
  • Third Quarter Forecast:
    • Adjusted EPS is expected to be 15 cents to 16 cents.
    • Revenue is forecasted between $692 million to $697 million, below the analyst estimate of $703.6 million.
  • Second Quarter Results:
    • Revenue reached $677.8 million, increasing by 12% year-over-year and slightly beating the estimate of $677.3 million.
    • Adjusted EPS stood at 15 cents, compared to 31 cents year-over-year.
  • EBITDA Outlook: For Q3 2024, the company expects adjusted EBITDA to be in the range of $47 million to $52 million.
  • Brand Awareness: Unaided brand awareness climbed to 27% in June 2024 due to aggressive marketing efforts.
  • CEO Comments: Andy Florance, Founder and CEO, stated that the company achieved another strong quarter in terms of revenue, sales, and website traffic.
  • Analyst Ratings: The company has 13 buy ratings, 4 hold ratings, and 0 sell ratings.

Costar Group on Smartkarma

Analysts on Smartkarma like those from Value Investors Club are bullish on Costar Group Inc (CSGP). In a report published on Friday, Mar 29, 2024, they highlighted the potential impact of a settlement that could disrupt the traditional US portal model. This settlement might lead to the unbundling of buy-side commissions, potentially driving CSGP stock higher. The analysts also see a significant opportunity for CSGP’s homes.com business due to rapid growth in traffic and monetization. Despite trading in-line with historical valuation, CSGP is considered a cheap option for further growth, particularly within the homes.com network.


A look at Costar Group Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience4
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

When looking at Costar Group‘s long-term outlook, it appears to have a positive trajectory based on its Smartkarma Smart Scores. With high marks in Growth and Resilience, the company seems well-positioned for future expansion and is showing strong ability to weather market challenges. Additionally, its Momentum score suggests a steady upward trend in performance. Although the Value and Dividend scores are not as high as other factors, the overall outlook for Costar Group seems promising.

CoStar Group Inc. is a company in the United States that specializes in providing detailed information on commercial real estate properties. Their database includes valuable information on office and industrial spaces, along with digitized photographs and floor plan images of individual buildings in their target markets. With a focus on serving the commercial real estate industry and related sectors, Costar Group plays a crucial role in facilitating informed decision-making within the real estate 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.
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

Visa (V) Earnings: 3Q Adjusted EPS of $2.51 Beats Estimates Amid 9.9% Revenue Growth

By | Earnings Alerts
  • Visa‘s adjusted EPS for Q3 is $2.51, surpassing the previous year’s $2.16 and the estimated $2.43.
  • Reported EPS is $2.29, an increase from $2 last year, but below the estimate of $2.43.
  • Payments volume grew by 7% at constant currency, slightly below the estimated growth of 8.36%.
  • Cross-border volumes increased by 14% at constant currency, matching estimates.
  • Total Visa processed transactions reached $59.3 billion, an increase of 9.8% year-over-year, just shy of the estimated $59.45 billion.
  • Total Visa processed transactions grew by 10% overall.
  • Net revenue for Visa is $8.90 billion, reflecting a 9.9% year-over-year growth, slightly missing the estimate of $8.96 billion.
  • Client incentives revenue is -$3.53 billion, a reduction of 11% year-over-year, compared to the estimated -$3.51 billion.
  • Total operating expenses stand at $2.96 billion, a decrease of 4.4% year-over-year, in line with the estimate of $2.95 billion.
  • Analysts’ recommendations: 39 buys, 9 holds, and 0 sells for Visa stock.

Visa on Smartkarma

Analysts on Smartkarma have been closely covering Visa, one of the leading global payments technology companies. Victor Galliano‘s recent report, “Payment Companies – Updated Sector Overview and Potential IPOs,” highlighted a mixed performance in 2Q24 for payment companies, making it challenging for long investors. Despite this, Visa was recommended as a core holding, alongside PagSeguro and Shift4. The report also mentioned Nexi as a buy recommendation, replacing PayPal, and maintained a sell rating on Affirm. This analysis provided valuable insights into the changing dynamics of the payment sector.

Furthermore, Baptista Research‘s reports on Visa focused on the company’s strong financial performance and market share growth strategies. In their analysis, “Visa Inc.: How Is It Capturing Market Share From Domestic Card Networks? – Major Drivers,” they highlighted Visa‘s solid financial standing and substantial revenue growth in the Fiscal Second Quarter of 2024. Another report by Baptista Research, “Visa Inc.: Strong Cross-Border Business Performance To Set Off US Slowdown! – Major Drivers,” emphasized Visa‘s positive start to fiscal year 2024, showcasing growth in payments volume and a commitment to excellent customer service and innovation. These insights underscore Visa‘s position as a key player in the payment industry.


A look at Visa Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
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

Visa Inc. is positioned for long-term growth according to Smartkarma’s Smart Scores. With a strong emphasis on growth and resilience, scoring a 4 in both categories, Visa demonstrates its potential for sustained performance. The company’s focus on innovation and adapting to market changes is reflected in its Momentum score of 3, suggesting a steady trajectory. While Value and Dividend scores are at 2, indicating moderate performance in these areas, the overall outlook remains positive for Visa.

As a leading player in retail electronic payments and global financial services, Visa Inc. is well-equipped to navigate the evolving landscape of digital transactions. Its ability to facilitate seamless value transfers among various stakeholders positions it as a key player in the financial ecosystem. Investors may find Visa‘s growth and resilience scores particularly encouraging, pointing towards a robust future outlook for the company 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.
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

Chubb (CB) Earnings: 2Q Net Premiums Written Surpass Estimates with 12% Growth

By | Earnings Alerts
  • Chubb’s net premiums written for Q2 are $13.36 billion, up 12% year-over-year, and beating the estimate of $13.15 billion.
  • Core operating EPS is $5.38, compared to $4.92 year-over-year.
  • Net premiums earned stand at $12.29 billion, which is also a 12% increase year-over-year, surpassing the $12.19 billion estimate.
  • Core operating ROE is 13.3%, a slight decline from 13.8% year-over-year, and below the estimate of 14.7%.
  • Book value per share is $151.05, up from $128.75 year-over-year, but below the estimate of $153.76.
  • Tangible book value per share increased to $91.05 from $78.97 year-over-year, which is lower than the $94.61 estimate.
  • The property and casualty combined ratio is 86.8%, better than the 85.4% year-over-year figure and the estimate of 88.2%.
  • The loss and loss expense ratio is 60.6%, up from 59.3% year-over-year, and lower than the 61.8% estimate.
  • Total investments are valued at $140.74 billion, showing a marginal increase of 0.3% quarter-over-quarter, but falling short of the $143.23 billion estimate.
  • Company representatives cited double-digit premium revenue growth across global divisions, including North America P&C, International P&C, and Life Insurance.
  • Chubb received positive analyst recommendations with 13 buys, 11 holds, and 2 sells.
  • Executives summarized the quarter as successful, highlighting the company’s global strength and depth.

Chubb on Smartkarma

Analysts on Smartkarma, such as Baptista Research, are covering Chubb Limited’s recent developments. In their report titled “Chubb Limited: What Is Their Investment Strategy & Do They Have A Strategic Competitive Advantage? – Major Drivers,” Baptista Research highlights Chubb Limited’s strong performance in Q1 2024. They note significant growth across various segments and a robust financial position. The report points out a remarkable increase in core operating income by over 20% to $2.2 billion and an operating EPS rise of nearly 23% to $5.41, demonstrating a positive upward trend. Of particular note is the Property & Casualty segment, where underwriting income surged over 15% to $1.4 billion, driven by a blend of earned premium growth and favorable underwriting margins.


A look at Chubb Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.6

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

Chubb Limited, a property and casualty insurance company, is positioned for promising long-term growth based on its Smartkarma Smart Scores. With a strong score of 5 in Growth, Chubb demonstrates robust potential for expanding its business and increasing its market share. Additionally, the company scores well in Value and Momentum with scores of 4, indicating solid financial health and positive price trends. Although the Dividend score is lower at 2, Chubb’s resilience score of 3 reflects its ability to navigate challenges effectively. Overall, Chubb’s outlook appears bright, especially in terms of growth and value.

Chubb Limited is a reputable insurance provider offering a wide range of services to commercial and personal clients. Specializing in property, casualty, accident, health insurance, reinsurance, and life insurance, Chubb serves a diverse customer base. The company’s impressive Smartkarma Smart Scores, particularly in Growth and Value, suggest a strong foundation for sustained success in the insurance industry. With a focus on innovation and client satisfaction, Chubb is well-positioned to continue its growth trajectory 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.
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

Tesla (TSLA) Earnings Report: 2Q Adjusted EPS Misses Estimates Despite Higher Revenue

By | Earnings Alerts
  • Adjusted Earnings Per Share (EPS) for Tesla in Q2 were 52 cents, missing the estimated 60 cents.
  • Earnings Per Share (EPS) were recorded at 42 cents.
  • Basic EPS was noted at 46 cents.
  • Tesla’s revenue reached $25.50 billion, surpassing the estimate of $24.63 billion.
  • Free cash flow for the quarter was $1.34 billion, falling short of the $1.92 billion estimate.
  • The gross margin came in at 18%, just above the estimated 17.4%.
  • Capital expenditure amounted to $2.27 billion, less than the $2.54 billion estimate.
  • Operating income was $1.61 billion, below the expected $1.81 billion.
  • Analyst recommendations include 27 buys, 19 holds, and 13 sells.

Tesla on Smartkarma

Analyst coverage of Tesla on Smartkarma reveals a mix of bullish and bearish sentiments from independent analysts. Uttkarsh Kohli‘s report highlights Tesla’s Q2 earnings preview, emphasizing growth in energy storage and anticipation for Robotaxi Day. Joe Jasper maintains a bullish outlook, advocating for continued overweighting in large-cap growth tech stocks, including Tesla. Uttkarsh Kohli‘s positive sentiment in another report focuses on Tesla’s outpacing delivery expectations, with shares spiking and investors eyeing lower-priced models and the Robotaxi event. However, Uttkarsh Kohli also presents a bear case, mentioning legal challenges for Musk’s compensation package, concerns about lower-cost models, Chinese competition, and sluggish EV sales impacting Tesla’s stock performance.

The analysts also spotlight Tesla’s dominance in energy storage, with a bullish outlook on the company’s position as a leader in the booming industry. Uttkarsh Kohli notes Tesla’s strong presence in the North American battery storage market, while highlighting the explosive growth potential of the U.S. battery storage sector. Additionally, Uttkarsh Kohli underscores CATL’s innovative energy system with significant growth prospects. Overall, the analyst coverage on Smartkarma provides a comprehensive view of Tesla’s current challenges and opportunities, offering valuable insights for investors navigating the dynamic landscape of the electric vehicle and energy storage markets.


A look at Tesla Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, Tesla is positioned for strong long-term growth and momentum. With a high growth score of 5 and momentum score of 5, Tesla is showing potential for sustained expansion and positive market performance. Additionally, the company has demonstrated resilience with a score of 4, indicating its ability to withstand economic challenges. However, Tesla’s value score of 2 and dividend score of 1 suggest that its current valuation may not fully reflect its growth prospects.

Tesla Inc. operates as a multinational automotive and clean energy company, with a focus on electric vehicles, battery energy storage, and solar products. The company’s innovative approach to sustainable energy solutions has led to its strong growth potential and positive momentum in the market. Despite some concerns about valuation and dividend payouts, Tesla’s overall outlook remains promising based on the Smartkarma Smart Scores.


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

Alphabet (GOOGL) Earnings: 2Q Revenue Hits $84.74B, Exceeds Estimates on Strong Google and Cloud Performance

By | Earnings Alerts
  • Total Revenue: $84.74 billion, matching estimates of $84.37 billion.
  • Google Advertising Revenue: $64.62 billion, slightly above the estimate of $64.53 billion.
  • YouTube Ads Revenue: $8.66 billion, below the estimate of $8.95 billion.
  • Google Search & Other Revenue: $48.51 billion, surpassing the estimate of $47.65 billion.
  • Google Network Revenue: $7.44 billion, falling short of the estimate of $7.87 billion.
  • Google Subscriptions, Platforms, and Devices Revenue: $9.31 billion, just below the estimate of $9.38 billion.
  • Google Services Revenue: $73.93 billion, exceeding the estimate of $73.58 billion.
  • Google Cloud Revenue: $10.35 billion, outperforming the estimate of $10.09 billion.
  • Other Bets Revenue: $365 million, below the estimate of $389.6 million.
  • Earnings Per Share (EPS): $1.89, higher than the estimate of $1.84.
  • Operating Income: $27.43 billion, surpassing the estimate of $26.37 billion.
  • Google Services Operating Income: $29.67 billion, above the estimate of $28.13 billion.
  • Google Cloud Operating Income: $1.17 billion, exceeding the estimate of $982.2 million.
  • Other Bets Operating Loss: $1.13 billion, larger than the estimated loss of $1.07 billion.
  • Operating Margin: 32%, slightly higher than the estimate of 31.8%.
  • Capital Expenditure: $13.19 billion, higher than the estimate of $12.23 billion.
  • Number of Employees: 179,582.
  • Analyst Ratings: 55 buys, 12 holds, 0 sells.

Alphabet on Smartkarma

Analyst coverage of Alphabet on Smartkarma has been positive, with Baptista Research providing insights into the tech giant’s strategic moves and financial performance. In a report titled “Alphabet’s $23 Billion Bet On Wiz: What It Means for the Future of Google Cloud,” the research points towards Alphabet’s potential acquisition of cloud-based cybersecurity firm Wiz as a significant step to enhance its cybersecurity capabilities and Google Cloud services. This move is seen as strengthening Alphabet’s market position in cybersecurity and offering more integrated services to its cloud customers.

Another report from Baptista Research, “Alphabet Inc.: Are Its AI-Powered Business Strategies Just Not Good Enough? – Major Drivers,” highlights Alphabet’s strong first-quarter performance in 2024, driven by the success of its search engine, YouTube, and cloud businesses. The company’s robust growth is evidenced by its annual revenue surpassing $300 billion, with projections indicating that YouTube and Cloud could reach a combined annual run rate exceeding $100 billion by the end of 2024. These positive indicators showcase Alphabet’s potential for continued success and innovation in the tech industry.


A look at Alphabet Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE3.4

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

When looking at the Smartkarma Smart Scores for Alphabet, the company is positioned with a solid outlook for the long term. With a Growth score of 4 and a Resilience score of 4, Alphabet shows strong potential for expanding its market presence and overcoming challenges. Additionally, boasting a Momentum score of 5, Alphabet demonstrates a strong upward trend in its business activities, indicating positive market sentiment and investor interest. Although the Value and Dividend scores are not as high, the overall outlook for Alphabet appears optimistic, especially considering its diverse range of offerings spanning from web-based services to hardware products.

Alphabet Inc., a holding company offering a wide array of technological services and products through its subsidiaries, stands poised for growth and resilience in the long term. The company’s focus on innovation and its ability to adapt to changing market conditions have helped it earn favorable scores in Growth, Resilience, and Momentum. With its extensive portfolio encompassing web search, advertisements, mobile operating systems, and hardware, Alphabet remains on a path of steady advancement and potential opportunities for future expansion, as reflected by its positive Smartkarma Smart Scores.


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

East West Bancorp (EWBC) Earnings: 2Q Net Interest Margin Exceeds Estimates

By | Earnings Alerts
  • East West Bancorp‘s net interest margin for Q2 is 3.27%, slightly above the estimate of 3.26%.
  • Earnings per share (EPS) reached $2.06.
  • The Common Equity Tier 1 ratio is 13.7%, slightly higher than the estimate of 13.6%.
  • Provision for credit losses stands at $37.0 million, lower than the estimated $37.6 million.
  • Net interest income totaled $553.2 million, just below the estimate of $555.2 million.
  • Non-interest income was $84.7 million, exceeding the forecast of $78.5 million.
  • Non-interest expenses amounted to $236.4 million, almost in line with the estimate of $237.1 million.
  • The effective tax rate is 20.9%, significantly lower than the expected 23.4%.
  • The stock has 17 buy recommendations, 1 hold, and 0 sell recommendations.

East West Bancorp on Smartkarma

Analysts on Smartkarma, including Value Investors Club, are closely following East West Bancorp Inc (EWBC). In a recent report dated Tuesday, Feb 6, 2024, Value Investors Club expressed a bearish sentiment on EWBC, recommending short shares of the medium-sized regional bank catering to the Chinese/Asian expat community. They highlighted concerns such as trading at 1.5x price/TBV, compression in NIM, and increased deposit costs. The report also mentioned worries about CRE exposure, uninsured deposits, investments in China/HK, and creditworthiness, citing a uniquely correlated customer base and soft guidance from management.


A look at East West Bancorp Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.6

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

East West Bancorp, Inc., the holding company for East-West Bank, seems to have a promising long-term outlook according to Smartkarma Smart Scores. With a strong Value score of 4, the company is perceived as having favorable fundamentals relative to its current stock price. Additionally, scoring a 4 in Growth and Momentum indicates a positive trajectory for future expansion and market performance.

While the Dividend and Resilience scores are slightly lower at 3, East West Bancorp still demonstrates stability in terms of dividend payments and resilience in the face of economic challenges. Overall, the company’s overall outlook appears optimistic, supported by its focus on commercial, construction, and real estate lending, as well as international trade financing across key Californian counties, including Los Angeles, Orange, San Francisco, and Santa Clara.


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

Texas Instruments (TXN) Earnings: 2Q Revenue Matches Estimates at $3.82 Billion

By | Earnings Alerts
  • Texas Instruments reported 2nd quarter revenue of $3.82 billion, matching estimates but down 16% year-over-year.
  • Analog revenue was $2.93 billion, down 11% year-over-year, in line with estimates.
  • Embedded processing revenue came in at $615 million, a sharp decline of 31% year-over-year and below the estimated $661 million.
  • Other revenue was $279 million, down 22% year-over-year but above the estimate of $217.4 million.
  • EPS (Earnings Per Share) was $1.22, compared to $1.87 the previous year.
  • Research and Development (R&D) expenses were $498 million, up 4.4% year-over-year and higher than the estimate of $489.5 million.
  • Operating profit stood at $1.25 billion, a decline of 37% year-over-year but slightly above the estimate of $1.24 billion.
  • Capital expenditure was $1.06 billion, a 26% decrease year-over-year, missing the estimate of $1.24 billion.
  • Cash and cash equivalents were reported at $2.74 billion, down 20% year-over-year but above the estimate of $2.42 billion.
  • For the third quarter, Texas Instruments forecasts revenue in the range of $3.94 billion to $4.26 billion, compared to an estimate of $4.14 billion.
  • Earnings per share for the third quarter are expected to be between $1.24 and $1.48.
  • Analyst consensus includes 11 buys, 21 holds, and 6 sells.

Texas Instruments on Smartkarma

On Smartkarma, independent investment analysts have been covering Texas Instruments with a bullish outlook. Baptista Research‘s report titled “Texas Instruments: Fresh Investments In Manufacturing & Technology & 5 Critical Growth Drivers” highlights TI’s first quarter of 2024 revenue meeting expectations despite a decline in revenue across all end markets. Analog revenue dropped 14% year-over-year, while Embedded Processing and the Other segment saw even steeper declines. This report sheds light on the challenges and opportunities facing Texas Instruments in the current market.

Another report by Baptista Research, “Texas Instruments: A Tale of Strong Cash Generation and Capital Management! – Major Drivers,” discusses the Q4 2023 earnings release of Texas Instruments. The report notes a downturn in revenue, with a sequential decrease of 10% and a year-on-year drop of 13% to $4.1 billion. Declining sales in segments like Analog, Embedded Processing, and Other have been key contributors to this revenue decline. These insights provide valuable information for investors looking to understand the financial performance and strategic direction of Texas Instruments.


A look at Texas Instruments Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience3
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

When looking at the long-term outlook for Texas Instruments, the company appears to be in a solid position based on a combination of key factors. According to Smartkarma Smart Scores, Texas Instruments scores well in terms of Momentum with a top score of 5. This indicates a strong positive trend in the company’s stock performance, suggesting good potential for future growth.

Additionally, Texas Instruments scores moderately across Value, Dividend, Growth, and Resilience factors, with scores of 2, 3, 3, and 3 respectively. While not the highest scores, these ratings suggest a company that is stable, growing steadily, and offering some dividend income to investors. Overall, Texas Instruments Incorporated, a semiconductor design and manufacturing company with global operations, seems to have a promising outlook for the long term.


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


 

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

Sign Up for Free

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

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

Manhattan Associates (MANH) Earnings: 2Q Adjusted EPS Surpasses Estimates with Robust Revenue Growth

By | Earnings Alerts
“`html

  • Adjusted EPS: $1.18 per share, beating the estimate of 96 cents and up from 88 cents year-over-year (y/y).
  • Revenue: $265.3 million, a 15% increase y/y, surpassing the estimate of $256 million.
  • Cloud Subscription Revenue: $82.4 million, up 35% y/y, topping the estimate of $80.8 million.
  • Software License Revenue: $3.06 million, down 18% y/y, but exceeding the estimate of $1.37 million.
  • Services Revenue: $136.8 million, a 9.8% increase y/y, slightly below the estimate of $137.5 million.
  • Analyst Ratings: 7 buys, 4 holds, 0 sells.

“`


A look at Manhattan Associates Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience5
Momentum3
OVERALL SMART SCORE3.0

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

Manhattan Associates, a company specializing in information technology solutions for distribution centers, holds promising long-term prospects based on its Smartkarma Smart Scores. With a strong emphasis on growth and resilience, the company’s score of 4 for growth and 5 for resilience indicates a positive outlook for the future. Manhattan Associates is dedicated to optimizing inventory management and enhancing operational efficiency within distribution centers, positioning itself well for sustained growth and adaptability in a competitive market.

While Manhattan Associates shows solid potential for growth and resilience, its scores for value, dividend, and momentum provide additional insights into its overall outlook. With a focus on value creation and a growing momentum in the market, the company continues to demonstrate its strategic approach to delivering value to investors and stakeholders. As Manhattan Associates leverages its innovative solutions to drive efficiency and productivity in distribution centers, its smart scores reflect a balanced strategy for long-term success in the evolving technological 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.
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

ASM International NV (ASM) Earnings: 2Q Orders Exceed Estimates, Q3 2024 Revenue Projected to Rise

By | Earnings Alerts





ASM International Q2 2024 Highlights

  • ASM International’s Q2 orders reached €755.4 million, surpassing the estimate of €708.6 million.
  • Gross margin was recorded at 49.8%, slightly below the estimate of 50.1%.
  • Operating margin stood at 25.1%, falling short of the estimated 28.6%.
  • Net income for Q2 was €159.0 million, exceeding the estimate of €155.9 million.
  • Q3 2024 revenue is projected to be in the range of €740-780 million.
  • Revenue for the second half of 2024 is expected to increase by approximately 15% compared to the first half.
  • In the silicon-based power/analog/wafer segment, bookings remained at a decent level despite generally slow demand in the market.
  • Analyst recommendations: 15 buys, 7 holds, and 3 sells.



A look at Asm International Nv Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
Momentum5
OVERALL SMART SCORE3.6

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

ASM International N.V., a company specializing in semiconductor production machines, has received Smart Scores indicating its long-term outlook. With a Growth score of 4 and Resilience and Momentum scores of 5, ASM International N.V. shows promise in terms of expanding its operations and adapting to market challenges efficiently. The company’s strong momentum suggests good potential for future growth and performance in the semiconductor industry.

In contrast, the Value and Dividend scores are rated at 2 each, indicating relatively weaker performance in these areas. Despite this, ASM International N.V. stands out for its robust growth prospects, resilience in the face of uncertainties, and impressive momentum. This suggests that the company may likely see sustained success and positive performance in the long term, positioning it well within the competitive semiconductor market 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.
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

Aeroports De Paris (ADP) Earnings: 1H Revenue Surpasses Estimates with Strong Growth in Key Segments

By | Earnings Alerts
  • Revenue Performance:
    • First Half Revenue: EU2.89 billion, up 13% year-over-year (y/y), beating estimate of EU2.8 billion.
    • Aviation Revenue: EU969 million, up 5.4% y/y, slightly below estimate of EU970 million.
    • Retail & Services Revenue: EU924 million, up 13% y/y, exceeding estimate of EU896 million.
    • International & Airport Developments Revenue: EU883 million, up 25% y/y, surpassing estimate of EU825.7 million.
    • Real Estate Revenue: EU174 million, up 4.2% y/y, slightly above estimate of EU173.1 million.
    • Other Revenue: EU95 million, up 5.6% y/y, exceeding estimate of EU90 million.
  • EBITDA Performance:
    • Total EBITDA: EU943 million, up 9.3% y/y, beating estimate of EU921.5 million.
    • Aviation EBITDA: EU219 million, down 2.2% y/y, slight beat on estimate of EU215.5 million.
    • Retail & Services EBITDA: EU341 million, down 1.2% y/y, missing estimate of EU380.5 million.
    • International & Airport Developments EBITDA: EU242 million, up 45% y/y, surpassing estimate of EU224.2 million.
    • Real Estate EBITDA: EU119 million, up 9.2% y/y, beating estimate of EU112.8 million.
  • Margins and Income:
    • EBITDA Margin: 32.7% vs. 33.9% y/y, slightly below estimate of 33.2%.
    • Net Income: EU347 million, up 64% y/y, significantly beating estimate of EU221 million.
  • Year-End Forecasts:
    • Dividend Payout Ratio: Expected to remain at 60%.
    • EBITDA Growth: Forecasted to stay above +4% through 2025.
    • Net Debt to EBITDA Ratio: Expected to remain between 3.5 to 4 times.
    • 2024-2025 Forecasts: All forecasts confirmed.
  • Analyst Ratings:
    • 7 Buy ratings, 15 Hold ratings, and 1 Sell rating.

A look at Aeroports De Paris Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
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

When looking at the long-term outlook for Aeroports De Paris, based on the Smartkarma Smart Scores, the company seems to be in a favorable position. With a high growth score of 5 and strong momentum score of 4, Aeroports De Paris is showing promising signs for the future. This indicates that the company is poised for expansion and is gaining traction in the market.

Additionally, Aeroports De Paris scores well in terms of dividends with a score of 4, suggesting that it provides attractive returns to its investors. Although the value and resilience scores are not as high, the overall outlook for Aeroports De Paris appears positive, especially considering its significant role in managing all civil airports in the Paris area and offering various air transport-related and business services.


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