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Smartkarma Newswire

ONGC Earnings Surpass Expectations with 4Q Net Income Beating Estimates

By | Earnings Alerts
  • ONGC’s net income for 4th quarter beat estimates, amounting to 98.7 billion rupees as opposed to the expected 87.64 billion rupees.
  • The net income shows significant year on year growth compared to 5.28 billion rupees during the same period the previous year.
  • The revenue generated was slightly deficient of estimates at 346.4 billion rupees, a decrease of 4.5% year on year, whereas the estimate was 349.57 billion rupees.
  • Total operating costs showed a reduction of 12% compared to the previous year with a registered 254.6 billion rupees total cost.
  • The finance cost increased by 45% year on year to reach 10.3 billion rupees, narrowly missing the estimate of 10.42 billion rupees.
  • The quarter showed notable growth in other income of about 91% year on year, which totalled 36.8 billion rupees.
  • The dividend per share rose considerably for the quarter from 0.50 rupees the previous year to 2.50 rupees.
  • Investor sentiments for ONGC’s performance varied, documented as 18 buys, 5 holds and 6 sells.
  • All figures and comparisons are drawn directly from the company’s original disclosures.

A look at Oil & Natural Gas Corp Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE4.6

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

Analyzing Oil & Natural Gas Corp‘s long-term outlook using Smartkarma Smart Scores reveals a promising future. With top marks in Value, Dividend, Growth, and Momentum, the company showcases strength across essential factors. A perfect score in Value signifies its attractive investment potential, while a high Dividend score indicates stable returns for investors. The top marks in Growth and Momentum highlight the company’s potential for expansion and strong market performance.

Although scoring slightly lower in Resilience, with a score of 3, Oil & Natural Gas Corp remains well-positioned in the industry. Specializing in crude oil and gas exploration and production, the company’s joint ventures in various countries, including Vietnam, Norway, and Egypt, diversify its portfolio. Additionally, its focus on deep sea explorations and coal bed methane further solidify its position in the energy sector.


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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Steel Authority of India (SAIL) Earnings Outperform as 4Q Net Income Tops Estimates

By | Earnings Alerts
  • Steel Authority’s net income for the 4th quarter was 10.1 billion rupees, which decreased by 3.8% year on year, but significantly exceeded the estimated 562 million rupees.
  • The company’s revenue stood at 279.6 billion rupees, falling by 4% year on year, while still surpassing the prediction of 271 billion rupees.
  • Total costs for the quarter were 264.8 billion rupees, indicating a reduction of 5.8% compared to the prior year.
  • Raw material costs increased marginally, by 1.8% year on year, and were estimated at 151.1 billion rupees, higher than the estimated 143.36 billion rupees.
  • Finance cost saw a rather major increase of 24% on the year, reaching 6.42 billion rupees, and exceeding the expectation of 6.05 billion rupees.
  • Other expenses amounted to 71.52 billion rupees, marking a 1.8% decline year on year, and were lower than the expected 76.03 billion rupees.
  • Other income experienced a significant 28% drop year on year to 3.53 billion rupees.
  • Shareholders can expect a dividend per share payout of 1 rupee.
  • 4Q exceptional costs reported at 5.02 billion rupees, substantially higher than the 404.2 million rupees reported the prior year.
  • Market sentiment towards the company is mixed, with 3 buys, 5 holds, and 18 sells.

A look at Steel Authority of India Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.8

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

Steel Authority of India Limited, an integrated steel manufacturing company, might have a promising long-term outlook based on the Smartkarma Smart Scores. Its strong performance in Value and Dividend scores of 4 indicates solid financial health and investor returns. Additionally, the high Momentum score of 5 suggests the company is experiencing positive price trends and market sentiment.

While the Growth and Resilience scores at 3 may suggest some room for improvement in expansion and risk management strategies, overall, Steel Authority of India Limited appears well-positioned for potential growth and stability. With a diverse product portfolio ranging from steel ingots to stainless steel and a major shareholder being the Government of India, the company seems to have a sturdy foundation for 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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Earnings Analysis: Banco Do Brasil’s (BBAS3) March Premiums Surges to R$1.42B, Indicates Strong Earnings Potential

By | Earnings Alerts
  • BB Seguridade’s written premiums for March stands at R$1.42B.
  • This shows an increase from the previous month’s written premiums of R$1.36B.
  • There was a monthly increase of 4.3% in the written premiums.
  • Year on Year, written premiums rose an impressive 26.1%
  • The investor consensus is mixed with 5 buying recommendations, 8 holding recommendations, and 1 sell recommendation.

A look at Banco do Brasil Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
Resilience2
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

With a promising Smartkarma Smart Score of 4 for Value, 5 for Dividend, and 5 for Growth, Banco do Brasil S.A. appears to be positioned well for long-term success. The bank’s focus on providing dividends and its growth potential reflect positively on its outlook. However, its lower Resilience score of 2 may indicate some vulnerability to market fluctuations, while a Momentum score of 4 suggests a steady upward trend in performance.

Banco do Brasil S.A. is a banking institution that excels in attracting deposits and offering a wide range of retail and commercial banking services. From providing consumer and commercial loans to asset management and insurance services, the bank’s diverse offerings cater to a broad customer base. With strong scores in Value, Dividend, and Growth, Banco do Brasil is poised to capitalize on its strengths and navigate potential challenges ahead.


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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Jabil Circuit (JBL) Earnings Unaffected by Investigation and CEO Transition, FY2025 Outlook Withdrawn

By | Earnings Alerts
  • Jabil has withdrawn its FY2025 Outlook following a CEO transition. Currently, their predictions for core EPS range from $1.65 to $2.05, and they anticipate a net revenue of $6.2 billion to $6.8 billion. Core operating profit is expected to lie between $325 million and $385 million.
  • Following an investigation, Michael Dastoor has been appointed as CEO. He had previously served as the company’s Chief Financial Officer and Interim CEO. Gregory Hebard, who was formerly Senior Vice President and Treasurer, has been named the new CFO.
  • The company confirmed that the aforementioned leadership transitions do not impact financial reporting.
  • Plans have been made to use most of the net proceeds obtained from the Mobility business sale for share repurchases.
  • Jabil has decided to withdraw its fiscal year 2025 guidance. This decision was influenced by the current visibility in certain end markets, coupled with the unexpected CEO transition.
  • The investment outlook for Jabil includes eight buys, two holds, and zero sells.

Jabil Circuit on Smartkarma

On Smartkarma, independent analyst Baptista Research has provided insightful coverage on Jabil Circuit, a company making strides in the technology sector. In their report titled “Jabil Inc.: What Are Its Latest Advancements In AI? – Major Drivers,” Baptista Research highlights Jabil Inc.’s achievement of approximately $6.8 billion in revenue during the second quarter of fiscal year 2024. This performance aligns well with the company’s guidance across most of its businesses, indicating a strong performance trajectory.

Another report by Baptista Research titled “Jabil Inc.: Can The Retronix Acquisition Be A Game Changer? – Major Drivers” delves into Jabil Inc.’s recent financial performance. While the company exhibited mixed results in the previous quarter, with revenues slightly below analyst consensus, it surpassed Wall Street’s earnings expectations. Core operating income reached $499 million, a notable 6% of revenue and a significant 120 basis points increase year-over-year. With cash flows from operations at $448 million and adjusted free cash flow of $173 million, Jabil Circuit‘s strategic moves like the Retronix acquisition are being closely watched by analysts for their potential impact on the company’s future.


A look at Jabil Circuit Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
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

Based on Smartkarma Smart Scores, Jabil Circuit has a mixed outlook for the long term. The company scores well in Growth with a score of 5, indicating strong potential for expansion and development in the future. This suggests that Jabil Circuit may be well-positioned to capitalize on new opportunities and drive growth in its industry.

However, the company receives lower scores in other key areas such as Value, Dividend, Resilience, and Momentum, with scores ranging from 2 to 3. This indicates that Jabil Circuit may face challenges in terms of its valuation, dividend payout, ability to weather economic downturns, and overall market momentum. Investors may need to carefully consider these factors when evaluating the company’s long-term prospects.

Summary: Jabil Circuit, Inc. is an electronic manufacturing services provider catering to various international electronics markets. The company offers a range of services including circuit design, board design, assembly, repair, and warranty services across different sectors such as communications, personal computer, consumer electronics, and automotive industries.


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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Norwegian Cruise Line Holdings (NCLH) Earnings Witness a Surge: FY Adjusted EPS Outlook Boosted Amid Strong Demand

By | Earnings Alerts
  • Norwegian Cruise has increased its Full Year Adjusted Earnings Per Share (EPS) forecast to about $1.42, up from an earlier prediction of $1.32. The estimate was $1.31.
  • The Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is also expected to be around $2.30 billion, a slight increase from the previous forecast of $2.25 billion. Again, the estimate was $2.25 billion.
  • The occupancy level continues to be anticipated at around 105.1%, meeting the estimated figure.
  • An estimated depreciation and amortization of about $895 million is foreseen, a marginal difference from the estimated $894.8 million.
  • Norwegian Cruise’s shares have witnessed a pre-market gain of 3.6%, following the revised guidance due to increased consumer demand and a promising outlook for the year.
  • The company has escalated its expectations for Net Yield growth from the earlier 6.4% to the present 7.2%, signifying a positive customer response and record bookings.
  • With the current surge in demand and a promising outlook for 2024, the company has revised its yearly guidance, increasing its forecast for the Net Yield growth, Adjusted EBITDA, and Adjusted EPS.
  • This positive amendment in the company’s strategy is expected to boost its performance across various metrics for the full year 2024.
  • Currently, there are 7 buys, 13 holds, and 1 sell of the company’s stocks.

Norwegian Cruise Line Holdings on Smartkarma

Recently on Smartkarma, analyst Baptista Research provided an insightful coverage on Norwegian Cruise Line Holdings, shedding light on the company’s remarkable financial turnaround. In their initiation report titled “Norwegian Cruise Line Holdings: An Unprecedented Financial U-Turn,” the analysts highlighted the company’s record revenue performance, surpassing guidance across key metrics. Delving into a fundamental analysis of the company’s historical financial statements, the report offers a comprehensive view of Norwegian Cruise Line’s strategic drivers for future success.

Baptista Research‘s bullish sentiment towards Norwegian Cruise Line Holdings underscores the optimism surrounding the company’s transformation and future prospects. As a premier source of independent investment research, Smartkarma continues to provide a platform for top analysts like Baptista Research to deliver valuable insights on companies such as Norwegian Cruise Line Holdings, empowering investors with trusted information to make informed decisions.


A look at Norwegian Cruise Line Holdings Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience2
Momentum2
OVERALL SMART SCORE2.2

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 analysis for Norwegian Cruise Line Holdings, the overall outlook for the company appears positive in the long term. With a high Growth score of 4, the company is expected to expand and develop in the future, indicating potential for increased profitability and market presence. However, the Value and Resilience scores of 2 suggest that there may be some room for improvement in terms of the company’s value proposition and ability to navigate challenging economic conditions.

Additionally, the Dividend and Momentum scores of 1 and 2, respectively, highlight areas where Norwegian Cruise Line Holdings may need to focus on enhancing investor returns and sustaining positive market performance. Despite some areas for improvement, the company’s widespread presence in the passenger cruise industry, offering a variety of cruises and services globally, positions it well for growth and success in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Stellar Bharat Electronics (BHE) Earnings: 4Q Net Income Surpasses Estimates by 30%

By | Earnings Alerts
  • Bharat Electronics had a net income of 17.8 billion rupees in the 4th quarter, indicating a 30% increase y/y and surpassing the estimated 14.79 billion rupees.
  • Revenue generation rose to 85.3 billion rupees, supporting a 32% year on year (y/y) improvement and tipping over the anticipated estimate of 84.86 billion rupees.
  • Total costs incurred for the quarter are noted as 63.6 billion rupees, a 34% increase y/y.
  • The company witnessed a substantial boost in other income, which tallied up to 2.21 billion rupees, compared to the preceding year’s figure of 678 million rupees.
  • Dividends per share during this quarter have been recorded as 0.8 rupees.
  • Market sentiment towards the company shows 21 buys, 5 holds, and 3 sells when considering purchasing stocks.
  • The provided statistics and comparisons to past results are derived from the original disclosures reported by the company.

Bharat Electronics on Smartkarma

Analyst coverage of Bharat Electronics on Smartkarma by Janaghan Jeyakumar, CFA showcases a bullish sentiment towards the company. According to the report titled “Quiddity Leaderboard NIFTY Mar 24,” Bharat Electronics has significantly outperformed Larsen & Toubro by approximately 12%. The analysis suggests that it might be a good time to consider replacing Larsen & Toubro with Hindustan Aeronautics in the portfolio. The report delves into the performance of the NIFTY 50 and NIFTY Next 50 indices, highlighting potential additions and deletions that could impact the market significantly.


A look at Bharat Electronics Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience5
Momentum5
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

Based on the Smartkarma Smart Scores, Bharat Electronics shows a promising long-term outlook. With strong scores in Dividend, Growth, Resilience, and Momentum, the company is positioned well for future performance. A high score in Dividend indicates a good payout to investors, while Growth and Resilience scores reflect the company’s potential for expansion and ability to withstand economic challenges. Additionally, a high Momentum score suggests a positive trend in the company’s stock performance. These factors combined paint a favorable picture for Bharat Electronics.

Bharat Electronics Ltd. specializes in manufacturing various electronic communication equipment for defense services, including transmitters, radars, and night vision devices. With a diversified product line and a focus on defense electronics, the company is poised to capitalize on growing demand for advanced military technology. The impressive Smart Scores further bolster Bharat Electronics‘ outlook, indicating its strength across key financial factors essential for sustainable growth and profitability 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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Oil India Ltd (OINL) Earnings Surpass Estimates: 4Q Net Income Increases by 13%

By | Earnings Alerts
  • Oil India’s net income for the 4th Quarter has surpassed estimates, reaching 20.3 billion rupees, with an increase of 13% year on year. The estimate was 16.67 billion rupees.
  • The revenue for the company stands at 57.6 billion rupees, showing an increase of 1.9% year on year. The estimated revenue was around 57.51 billion rupees.
  • Total costs for Oil India rose by 8.8% year on year, coming up to 40.7 billion rupees.
  • Other income for the company showed a significant surge, going up by 93% year on year, settling at 8.3 billion rupees.
  • The company declared a dividend per share of 3.75 rupees.
  • An interesting move from Oil India is the decision to give out one free share for every two held.
  • The company has a positive outlook with 15 buys, no holds, and only 3 sells.
  • All comparisons to past results are based on values reported by the company’s original disclosures.

A look at Oil India Ltd Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
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

Oil India Ltd. is positioned for a bright long-term future based on its impressive Smartkarma Smart Scores. With a top score of 5 in Dividend and Momentum, the company shows strength in providing consistent returns to shareholders and maintaining positive stock performance. Additionally, scoring 4 in both Value and Growth signifies a solid foundation in terms of valuation and potential for expansion. Although the Resilience score of 3 suggests some room for improvement in facing economic challenges, the overall outlook remains optimistic for Oil India Ltd.

Oil India Ltd. explores, develops, and produces crude oil and natural gas in India and internationally. The Company’s diverse operations not only include oil and gas exploration but also extend to transportation, liquefied petroleum gas production, pipeline services, and exploration-related services. With its robust Smartkarma Smart Scores, Oil India Ltd. stands as a promising player in the energy sector, poised for continued growth and competitiveness 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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Cathay Pacific Airways (293) Earnings Soar with +26.1% Boost in April Passenger Traffic

By | Earnings Alerts
  • Cathay Pacific reports an increase in passenger traffic by 26.1% in April.
  • There has been a 7.4% change in cargo and mail.
  • The total weight of cargo and mail handled amounts to 117,428 tons.
  • Cargo and mail load factor stands at 59.5%.
  • There have been 12 buys, a single hold and no sells reported.

Cathay Pacific Airways on Smartkarma

On Smartkarma, top independent analysts have provided insightful coverage of Cathay Pacific Airways, offering diverse perspectives on the airline’s performance and future prospects. Neil Glynn‘s analysis titled “Cathay Pacific – Rising Inflationary Pressure Expedites Earnings Normalisation” highlights concerns about cost pressures impacting earnings forecasts, with a bearish outlook. In contrast, Mohshin Aziz remains bullish in his report “Cathay Pacific (293 HK, BUY, TP HK$9.90): FY23 Better than Expected, and Surprise Dividends“, praising the company’s strong FY23 performance and dividend announcement as a sign of recovery.

Furthermore, Osbert Tang, CFA, in the report “Cathay Pacific (293 HK): Taking off with Momentum“, expresses optimism for Cathay Pacific’s future growth based on solid traffic performance and market expectations, suggesting potential for exceeding projections. Neil Glynn‘s bullish analysis in “Cathay Pacific – Strong Pax Momentum Suggests 2024 Can Outperform Expectations” provides a detailed examination of the airline’s earnings prospects for 2024, noting strong passenger revenue momentum and anticipated outperformance. These independent insights offer investors a comprehensive view of Cathay Pacific’s trajectory in the competitive airline industry.


A look at Cathay Pacific Airways Smart Scores

FactorScoreMagnitude
Value3
Dividend3
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

Analysts assessing Cathay Pacific Airways using Smartkarma Smart Scores highlight a blend of positive and concerning factors in the airline’s long-term outlook. The company scores well in growth and momentum, indicating a promising trajectory for future expansion and market performance. Moreover, with a solid value score coupled with a moderate dividend rating, Cathay Pacific Airways demonstrates a balanced financial position. However, the score for resilience is notably lower, suggesting potential vulnerabilities in navigating unforeseen industry challenges.

Cathay Pacific Airways Limited, known for its scheduled airline services and ancillary offerings such as catering and aircraft maintenance, presents a mixed projection based on the Smartkarma Smart Scores. While the company excels in growth potential and market momentum, concerns arise regarding its resilience to economic fluctuations and industry disruptions. Overall, Cathay Pacific Airways embodies a diversified aviation entity with opportunities for expansion tempered by the need for increased adaptability and risk management strategies.


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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Kuala Lumpur Kepong (KLK) Earnings: 2Q Net Income Drops to 117.1M Ringgit, A Significant Decrease from Last Year’s 190.8M – Analyst Insights

By | Earnings Alerts

• KLK sees a significant decrease in net income, coming in at 117.1 million Ringgit compared to 190.8 million Ringgit from the previous year, a 39% year-on-year drop.

• Revenue also experiences a notable dip, from last year’s numbers, falling by 9.8% YOY to 5.46 billion Ringgit.

• The earnings per share (EPS) recorded a dip, equalling 10.8 sen compared to 17.7 sen from the previous year.

• In terms of stock recommendations, there are 8 buys, 8 holds, and 3 sells.

• All comparisons to past performance are based on values presented by the company’s original disclosures.


A look at Kuala Lumpur Kepong Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience2
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 at Smartkarma give Kuala Lumpur Kepong a positive long-term outlook based on their Smart Scores. The company scores well in momentum, indicating strong upward performance potential in the future. This could result in favorable returns for investors over the long run. While the company’s value, dividend, and growth scores are average, a higher momentum score could drive its overall performance in the future.

Kuala Lumpur Kepong Berhad is involved in the production of palm products, natural rubber, and cocoa. The company also engages in various other activities such as milling and refining oil palm products, manufacturing oleochemicals, and operating holiday bungalows. With a solid momentum score of 4, analysts see promising prospects for Kuala Lumpur Kepong‘s future growth and resilience 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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Li Auto (LI) Earnings: Q2 Revenue Forecast Falls Short of Estimates Despite Solid Q1 Results

By | Earnings Alerts

• Li Auto’s revenue forecast for the 2nd Quarter has missed estimates, with a prediction between 29.9 billion yuan and 31.4 billion yuan instead of the estimated 38.63 billion yuan.

• The projected vehicle deliveries is also less than the estimate with a forecast between 105,000 to 110,000 units rather than the estimated 130,692 units.

• The company’s first quarter results revealed a revenue of 25.63 billion yuan, showing a 36% increase compared to the preceding year, just ahead of the estimated 25.58 billion yuan.

• Vehicle deliveries in the first quarter were 80,400 units, showing a significant 53% rise year-on-year, yet they were slightly below the estimated 85,830 units.

• Vehicle sales generated 24.25 billion yuan, a 32% increase from last year, not meeting the estimated 26.71 billion yuan.

Li Auto reported an adjusted net income attributable to holders of 1.28 billion yuan.

• Adjusted earnings per American depositary receipts were 1.21 yuan as opposed to 1.44 yuan year-on-year.

• Earnings per American depositary receipts were 56 RMB cents which is decreased from 89 RMB cents year-on-year, missing the estimate of 1.61 yuan.

• The company reported a gross margin of 20.6% which is a minor increase from 20.4% the previous year, slightly less than the estimated 20.7%.

Li Auto reported a negative free cash flow of 5.06 billion yuan, dropping from a positive 6.70 billion yuan year-on-year.

• The CFO of Li Auto, Mr. Tie Li, stated that despite the introduction of a new model, product iterations, and pricing adjustments, the company’s first-quarter financial results remained solid.

• The Company currently holds 30 buy ratings, 2 hold ratings and no sell ratings.


Li Auto on Smartkarma

Analysts on Smartkarma have provided diverse insights on Li Auto Inc. Eric Wen, a bullish analyst, highlights Li Auto’s strong performance in surpassing expectations in revenue, operating profit, and net income. Despite potential gross margin challenges, Wen remains optimistic about Li’s future, raising the target price to US$52 and reiterating a BUY rating.

Ming Lu, another bullish analyst, emphasizes Li Auto’s impressive growth and profitability in the fourth quarter of 2023, leading to an upgrade to a Hold rating. However, Ming Lu also expresses a bearish sentiment on Li Auto’s valuation compared to Tesla, suggesting overvaluation. The analysts’ viewpoints provide investors with a comprehensive outlook on Li Auto’s performance and prospects in the evolving NEV market.


A look at Li Auto Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience5
Momentum2
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 the Smartkarma Smart Scores, Li Auto shows a promising long-term outlook. With a high Growth and Resilience score of 5 each, the company seems well-positioned for future expansion and able to withstand market challenges. Additionally, with a Value score of 2, there may be some room for improvement to enhance the company’s intrinsic value. However, the low Dividend score of 1 indicates that Li Auto may not be focused on distributing profits to shareholders at the moment. The Momentum score of 2 suggests some fluctuation in market sentiment. Overall, Li Auto’s high Growth and Resilience scores bode well for its future prospects.


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.


 

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