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Smartkarma Newswire

Deutsche Telekom’s 1Q Earnings Report: Adjusted EBITDA Misses Estimates Despite Rise in Net income and Revenues

By | Earnings Alerts

• Deutsche Telekom’s Q1 adjusted EBITDA after leases was EU10.47 billion, a 5.1% increase year on year, although it fell short of the estimated EU10.61 billion.

• Germany’s adjusted EBITDA after leases was slightly better than the estimated EU2.55 billion, at EU2.58 billion, marking a 3.5% annual increase.

• The adjusted EBITDA after leases in Europe was EU1.07 billion, surpassing the estimate of EU1.01 billion, and marking an 8.7% year on year growth.

• The US operations of Deutsche Telekom reported a YOY increase of 6.1%, with an adjusted EBITDA after leases of EU6.93 billion, surpassing the estimate of EU6.78 billion.

• Systems Solutions’ adjusted EBITDA after leases came in at EU77 million, 2.7% more than the previous year and surpassing the EU74.7 million estimate.

• The adjusted net income stood at EU2.24 billion, a significant increase of 14% year on year, and much higher than the estimate of EU1.85 billion.

• Total revenue was EU27.94 billion, a modest 0.4% increase year over year, almost matching the estimated EU27.95 billion.

• Deutsche Telekom’s German operations generated revenue of EU6.30 billion, exceeding the estimate of EU6.26 billion by 2.6%.

• The European operations revenue was EU2.96 billion, a significant 6.3% increase year on year, surpassing the estimate of EU2.88 billion.

• In contrast, the US operations reported a decrease in revenue by 1.4% to EU18.01 billion, lower than the EU18.32 billion estimate.

• Systems Solutions reported a revenue of EU993 million, a 5% increase from the previous year, and well over the estimate of EU953.6 million.

• Free cash flow after leases was EU3.71 billion, marking a 3.6% annual increase.

• Net debt at the end of the period was slightly higher than the estimated EU131.53 billion, at EU133.12 billion, down 0.3% from the previous quarter.

• For annual forecasts, Deutsche Telekom still projects an adjusted EBITDA after leases of about EU42.9 billion, free cash flow after leases of about EU18.9 billion, and adjusted EPS above EU1.75.


A look at Deutsche Telekom Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience2
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

Deutsche Telekom AG, a telecommunications giant, is poised for strong long-term growth supported by its impressive Smartkarma Smart Scores. With high scores in Growth and Dividend, the company is set to expand its market presence while providing healthy returns to investors. The strong Momentum score indicates positive market sentiment, further supporting Deutsche Telekom’s upward trajectory. Despite a slightly lower score in Resilience, the company’s diversified portfolio and innovative strategies position it well to navigate challenges and sustain growth.

Investors eyeing Deutsche Telekom can be optimistic about its future prospects based on its solid Smartkarma Smart Scores. The company’s focus on value, coupled with a strong dividend policy, underscores its commitment to shareholder value. With a leading position in telecommunications services, including fixed-line, mobile, and internet offerings, Deutsche Telekom is well-positioned to capitalize on evolving market trends and technological advancements. Overall, Deutsche Telekom presents an attractive investment opportunity for those seeking exposure to a dynamic and resilient telecommunications 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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Siemens (SIE) 2Q Earnings: Industrial Business Profit and Revenue Fall Short of Estimates

By | Earnings Alerts
  • Siemens’ industrial business profit for Q2 misses estimates, reporting EU2.51 billion, a 2.5% Y/Y fall, versus the estimated EU2.76 billion.
  • Profit margin for industrial business is 14% versus the estimated 15.2%, a slight fall from 14.2% Y/Y.
  • The net income reported is EU2.20 billion, with a decrease of 38% Y/Y.
  • EPS before purchase price allocation is EU2.73 compared to the estimated EU2.25, a fall from EU4.57 Y/Y.
  • Digital Industries reports a profit of EU741 million, a 41% Y/Y decrease, missing an estimation of EU841.2 million.
  • The profit margin of Digital Industries however shows a rise of 16.5% versus the previous year’s 24.3%.
  • Smart Infrastructure scores a profit of EU854 million, a rise of 9.6% Y/Y, better than the estimated EU833.9 million.
  • Mobility profit is at EU237 million, missing the estimate by EU8m and dropping 4% Y/Y.
  • The revenue for Q2 is static at 0%, missing the estimated growth of 2.06%.
  • The industrial business revenue is EU17.91B, a 1.2% Y/Y fall, missing the estimated EU18.21 billion.
  • Orders for Q2 are EU20.45 billion, a decrease of 13% Y/Y, falling short of the estimated EU21.07 billion.
  • Free cash flow is reported at EU1.34 billion, marking a 43% Y/Y decline.
  • Contrary to previous assumptions, customers’ destocking of Digital Industries is expected to continue well into the second half of the year.
  • Digital Industries assumes that demand in its automation businesses will pick up in the second half of the fiscal year and expects large contract wins in its software business.
  • Siemens is focusing its portfolio with the sale of Innomotics to KPS Capital Partners for €3.5 billion.

A look at Siemens Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
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

Siemens AG, an engineering and manufacturing company, is positioned for a promising long-term outlook, fueled by strong momentum and growth potential. With a Momentum score of 5, Siemens is showing significant positive performance trends, indicating a robust market presence and investor interest. Additionally, the Growth score of 4 highlights the company’s potential for expansion and development in various sectors.

While Siemens has solid prospects in momentum and growth, its Value and Resilience scores are moderate at 2, suggesting room for improvement in terms of valuation and stability. However, the Dividend score of 3 underscores the company’s commitment to rewarding shareholders through consistent dividend payouts. As Siemens focuses on electrification, automation, and digitalization, along with engineering solutions across multiple industries, it stands poised for continued growth and innovation in the global 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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Zurich Insurance Group (ZURN) Earnings: On Track to Surpass FY Growth Guidance With Enhanced P&C Insurance Revenue and Premiums

By | Earnings Alerts
  • Zurich Insurance is on track to meet or exceed their full year growth guidance.
  • The P&C insurance revenue stands at $10.25 billion, showing a 9% increase year on year.
  • P&C gross written premiums are $12.62 billion, a 5.5% growth year on year.
  • On a like-for-like basis, P&C gross written premiums have increased by 9%.
  • The present value of new business premiums for Life insurance is $4.00 billion, a decrease of 3.8% year on year.
  • However, on a like-for-like basis, Life insurance’s present value of new business premiums has grown by 1%.
  • Life insurance’s new business contractual service margin is $264 million, a slight decrease of 0.4% year on year.
  • Farmers gross written premiums have gone up to $7.08 billion, a 6.4% increase year on year.
  • The Swiss solvency test ratio is robust at 232%.
  • The previously announced share buyback program of up to CHF 1.1B is expected to start within a few weeks.
  • Zurich Insurance has received 5 buys, 14 holds, and 6 sells.

A look at Zurich Insurance Group Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
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

Zurich Insurance Group AG, a provider of insurance-based financial services, is poised for a promising long-term future based on the Smartkarma Smart Scores analysis. With a strong dividend score of 5, investors can expect attractive steady returns. Additionally, the momentum score of 4 indicates that the company is gaining traction in the market, showcasing positive growth potential.

Despite having average scores for value, growth, and resilience, Zurich Insurance Group remains a solid choice for investors looking for stability and reliable dividends. Their diverse range of insurance products and services cater to individuals, small businesses, and large corporations, positioning the company well for sustained 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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Samsung Life Insurance (032830) Earnings Surpass Expectations: Q1 Net Profit Beat Estimates

By | Earnings Alerts
  • Samsung Life’s net for the first quarter reaches 622.09 billion won, exceeding the estimated 549.43 billion won.
  • The company’s operating profit stands at 746.31 billion won.
  • Samsung Life achieves sales amounting to 9.32 trillion won.
  • Shares of the company surge by 3% at a price of 95,800 won. This rise is based on 10,155 shares traded.
  • Analysts’ ratings on Samsung Life’s performance depict 14 buys, 5 holds and no sells.
  • A conference call relating to outcomes and future endeavors will be held, further details will be available on the conference call website.

Samsung Life Insurance on Smartkarma

Analysts on Smartkarma, such as Douglas Kim, are closely following Samsung Life Insurance as part of their research on key companies. In a piece titled “Mr. Choi Goes to Washington,” Douglas highlights the impact of Deputy Prime Minister Choi Sang Mok’s affirmation of the Corporate Value Up program on the stock market in Korea. The program is seen as a driver for major value-driven and low PBR (price-to-book ratio) stocks. Under this initiative, companies focusing on strengthening shareholder return policies may benefit from corporate tax incentives. Additionally, there are plans to amend laws regarding taxation on dividend income for shareholders of expanding companies.


A look at Samsung Life Insurance Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.4

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

Analyzing Smartkarma Smart Scores for Samsung Life Insurance reveals a positive long-term outlook for the company. With top scores in Value and Dividend, indicating strong foundational qualities, and a solid score in Growth, Samsung Life Insurance showcases stability and potential for future expansion. Additionally, high scores in Momentum signify a positive market sentiment towards the company. Though Resilience lags slightly behind, the overall scores point towards a promising future for Samsung Life Insurance.

Summary: Samsung Life Insurance Co., Ltd. is a South Korean company that specializes in providing life and health insurance services. With impressive Smartkarma Smart Scores across various factors such as Value, Dividend, Growth, Resilience, and Momentum, Samsung Life Insurance appears well-positioned for long-term success and growth in the insurance 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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Aristocrat Leisure (ALL) Earnings: 1H Normalized Operating Revenue Surpasses Estimates

By | Earnings Alerts
  • Aristocrat has exceeded estimates with its 1H Normalized Operating Revenue reaching A$3.27 billion, compared to the estimated A$3.2 billion.
  • The Normalized Npata for the company came to A$764.1 million.
  • Aristocrat’s Net income hit A$711.3 million for this period.
  • The interim dividend per share was declared at A$0.360.
  • The company’s operating revenue matched its Normalized Operating Revenue at A$3.27 billion.
  • The investor sentiment is generally positive with 11 investors recommending to buy the stock, 1 recommending to hold it, and only 1 recommending a sell.

A look at Aristocrat Leisure Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
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 the long-term outlook for Aristocrat Leisure, the company seems to have a bright future ahead. Based on the Smartkarma Smart Scores, Aristocrat Leisure has received solid scores across various factors. With a strong Growth score of 4, the company is positioned for expansion and increasing profitability over time. This indicates a positive trajectory for the company’s development and potential in the market.

Additionally, Aristocrat Leisure has also achieved decent scores in Resilience and Momentum, with a score of 3 in each category. This suggests that the company is well-equipped to withstand market fluctuations and maintain its performance momentum in the foreseeable future. Although Value and Dividend scores are lower at 2, the overall outlook for Aristocrat Leisure appears favorable, especially considering its diversified portfolio and presence in the gaming 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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Citigroup Inc (C) Earnings Update: April Charge-Offs Reach 2.8% with 16 Buys, 10 Holds- Analyst’s Snapshot

By | Earnings Alerts
  • Citigroup has reported an April Charge-Offs rate of 2.8%.
  • The Delinquency rate for the same month is documented at 1.44%.
  • The current consensus among experts includes 16 buy ratings, 10 hold ratings, and 0 sell ratings on Citigroup shares.

Citigroup Inc on Smartkarma

Analyst coverage of Citigroup Inc on Smartkarma reveals a bearish sentiment from Daniel Tabbush, whose recent report titled “Citigroup – Impairment Costs Far Higher than Any Recent Quarter & Net Interest Income near Halting” highlights concerning trends for the company. Tabbush points out that Citigroup is facing significantly higher impairment costs, particularly from unfunded commitments, with total costs soaring to USD3.5bn in 4Q23 compared to previous quarters. Moreover, the net interest income of Citigroup is showing signs of stagnation, which could impact its performance amid a rising rate environment. Tabbush’s analysis underscores the negative implications of Citigroup’s results, especially for major global banks and US banking giants like HSBC Holdings.


A look at Citigroup Inc Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience2
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

In assessing the long-term outlook for Citigroup Inc. using the Smartkarma Smart Scores, the company appears to have a solid foundation across various key factors. With a top score in Value and Momentum, Citigroup Inc. demonstrates strength in terms of its valuation and market performance. Additionally, the company also scores well in Dividend, indicating a good potential for providing returns to investors through dividends. However, there are areas for improvement as seen in the lower scores for Growth and Resilience, which suggest some challenges in terms of growth prospects and ability to withstand economic downturns.

Citigroup Inc. is a diversified financial services holding company serving both consumer and corporate customers globally. Offering a wide range of financial services including investment banking, retail brokerage, corporate banking, and cash management products, the company plays a significant role in the financial sector. Given its strong scores in Value and Momentum, Citigroup Inc. seems well-positioned to continue delivering value to its stakeholders, although addressing growth and resilience factors could further enhance its long-term 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.
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American Express Co (AXP) Earnings Analysis: April Charge-Offs and Delinquencies Breakdown

By | Earnings Alerts
  • American Express reported a 2.5% charge-off rate in April 2024.
  • The company also experienced 1.4% in delinquencies during the same period.
  • The stock had 18 buys, 10 holds, and 5 sells from various market analysts.

A look at American Express Co 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

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American Express Company, a global payment and travel firm, shows a promising long-term outlook based on Smartkarma Smart Scores. With a strong momentum score of 5, the company is exhibiting positive trends and market performance. Additionally, American Express Co scores well in growth and resilience, with scores of 4 for both factors. This indicates a potential for sustained growth and the ability to withstand economic challenges over time.

Although the company’s value and dividend scores are lower at 2, the overall outlook remains positive due to the high scores in growth, resilience, and momentum. American Express Company’s focus on charge and credit card products, alongside travel-related services, positions it well for future success in the dynamic payment industry.

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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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Bank of America (BAC) Earnings Report: Analyzing April’s 2.49% Charge-Offs and Investment Ratings

By | Earnings Alerts
  • Bank of America reported April charge-offs at the rate of 2.49%
  • The bank’s delinquency rate is currently standing at 1.39%
  • On the trading floor, the Bank of America’s stocks received 13 buys
  • There are currently 14 holds on the bank’s stocks
  • Only a single instance of selling the bank’s stocks was reported

Bank Of America on Smartkarma

Recent analyst coverage on Bank of America from Smartkarma, an independent investment research platform, includes insights from Ethan Aw. Aw’s research report, titled “Aequitas ASEAN IPOs + Placements Broker Performance 2023,” focuses on broker performance for ASEAN IPOs and placements in 2023. The report delves into 18 deals above US$100m, analyzing historical data to provide valuable information for investors.

Aw’s perspective on Bank of America, though not directly mentioned in the report, showcases a bullish lean in his analysis of broker performance. Investors can benefit from accessing detailed research like Aw’s on Smartkarma to better understand market trends and make informed decisions regarding their investments in companies like Bank of America.


A look at Bank Of America Smart Scores

FactorScoreMagnitude
Value4
Dividend3
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

Bank of America Corporation, a banking giant known for its wide array of financial services, presents a mixed outlook based on the Smartkarma Smart Scores. With a strong emphasis on value and growth, scoring 4 out of 5 in both categories, the company demonstrates solid potential for long-term profitability and expansion. Furthermore, boasting a momentum score of 4, Bank of America shows promising trends in market performance. However, its resilience score of 2 suggests some vulnerability to economic fluctuations, which investors should take into consideration.

In addition to its core banking and investment services, Bank of America also offers dividend payouts to shareholders, earning a score of 3 in this category. This indicates a moderate level of income generation for investors. Overall, Bank of America’s Smart Scores position it as a company with robust value and growth prospects, supported by momentum in the market, despite facing some resilience challenges.


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: Progressive Corp (PGR) Reports Impressive Net Premiums in April

By | Earnings Alerts
  • Progressive’s net premiums written amounted to $6.18 billion in April.
  • The combined ratio achieved by the company stood at 89%.
  • Net premiums earned by Progressive in April totaled to $5.58 billion.
  • There were 12 instances of buying, 9 holds, and 1 instance of sell in the company’s stock.

A look at Progressive Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.0

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

Based on Smartkarma Smart Scores, Progressive Corp shows promising potential in the long term. With strong momentum and resilience scores of 5 and 3 respectively, the company demonstrates a robust ability to adapt to market changes and maintain steady growth. The growth score of 3 further indicates positive prospects for expansion. While the value and dividend scores are moderate at 2, Progressive Corp‘s overall outlook appears solid, positioning the insurance holding company favorably for sustained success.

The Progressive Corporation, known for providing personal and commercial automobile insurance along with specialty property-casualty insurance in the United States, seems well-equipped to navigate future challenges and capitalize on growth opportunities. With a balanced mix of strong momentum, resilience, and growth factors, Progressive Corp‘s strategic positioning within the insurance sector is poised to drive continued success in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Surpassing Estimates: Honeywell Automation India (HWA) Earnings Rise in 4Q, Boosting Net Income by 32%

By | Earnings Alerts
  • Honeywell Automation’s 4th quarter net income surpassed estimates, reaching 1.48 billion rupees, a 32% increase year-over-year.
  • The predicted net income was 1.43 billion rupees.
  • Revenue also saw a growth of 12% with a total of 9.51 billion rupees.
  • However, this was slightly below the revenue estimate of 9.93 billion rupees.
  • Total costs for the quarter were up by 9.7% at 7.95 billion rupees.
  • The company announced a dividend per share of 100 rupees.
  • Honeywell Automation’s shares increased by 3.1% to 49,285 rupees due to this news.
  • Trading volume stood at 16,605 shares.
  • The current share recommendations stand at 2 buys, 2 holds and 3 sells.
  • All comparisons to past results are based on values reported by the company in its original disclosures.

A look at Honeywell Automation India Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience5
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

Analysing the Smartkarma Smart Scores for Honeywell Automation India reveals a positive long-term outlook for the company. With a high resilience score of 5, Honeywell Automation India is well-positioned to weather market fluctuations and economic challenges, showcasing its stability and strength in the industry. Additionally, a momentum score of 5 suggests that the company is experiencing strong upward trends and investor interest, indicating potential for future growth and performance.

While the value and dividend scores are moderate at 2, the growth score of 3 indicates potential for expansion and development in the coming years. Overall, based on the Smartkarma Smart Scores, Honeywell Automation India shows promise for investors looking for a company with strong resilience, positive momentum, and growth opportunities in the industrial automation and control 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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