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Smartkarma Newswire

Fresenius Medical Care’s 1Q Earnings Miss Estimates, Yet Confirms Fiscal 2024 Outlook

By | Earnings Alerts
  • Fresenius Medical Care reported a 1Q operating income of EU246 million, marking a 5.7% decrease year over year.
  • The revenue stood at EU4.73 billion, a slight increase of +0.4% from the previous year, meeting the estimated revenue of EU4.72 billion.
  • Considering Net income, it turned out to be EU71 million, which is significantly less than the earlier estimation of EU121 million.
  • The Basic Earnings per Share (EPS) was reported to be EU0.24, lower than the estimated EU0.43.
  • The Company restated its fiscal 2024 outlook, expecting revenue growth in the low- to mid-single-digit percent range from the previous year.
  • It also predicts the operating income to grow by a mid- to high-teens percent rate compared to the preceding year.
  • Fresenius Medical Care reaffirmed its target of achieving an operating income margin of 10% to 14% by 2025, not considering the effects of portfolio changes.
  • The company reported a slightly more favorable operating income than planned at the beginning of the year, according to CEO Helen Giza.
  • The initial stages of transformation are proceeding swiftly, generating an additional FME25 savings of €52 million.

A look at Fresenius Medical Care & Smart Scores

FactorScoreMagnitude
Value4
Dividend4
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

Investment analysts believe that Fresenius Medical Care, a company offering kidney dialysis services and related products globally, has a positive long-term outlook based on its Smartkarma Smart Scores. With a solid score of 4 in both Value and Dividend factors, the company demonstrates strong financial health and commitment to rewarding shareholders. Additionally, scoring a 3 in Growth and Resilience factors indicates a steady trajectory and ability to withstand economic challenges. Moreover, with a Momentum score of 4, Fresenius Medical Care shows promising upward momentum in its operations.

Fresenius Medical Care AG & Co. KGaA is well-positioned in the market, offering a wide range of medical services and products for dialysis patients worldwide. The company’s high scores in Value and Dividend factors reflect its financial stability and shareholder-friendly policies. While scoring slightly lower in Growth and Resilience, Fresenius Medical Care’s strong Momentum score suggests continued positive performance in the future. Overall, based on the Smartkarma Smart Scores, the company’s outlook remains positive, indicating a favorable investment opportunity for those looking for long-term growth potential.


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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Coloplast A/S (COLOB) Earnings: 2Q Revenue Misses Estimates but Holds Steady in Europe and Other Developed Markets

By | Earnings Alerts
  • Coloplast 2Q revenue missed the estimates with DKK6.59 billion marking less than the estimated DKK6.7 billion.
  • Ostomy Care revenue also fell short of expectations, with DKK2.28 billion compared to the estimated amount of DKK2.37 billion.
  • Continence care revenue was DKK2.06 billion, slightly lower than the estimated DKK2.1 billion.
  • Urology care revenue was DKK698 million, which was less than the expected DKK705.5 million.
  • Similarly, revenue from emerging markets was less than forecasted, with DKK1.06 billion against the anticipated DKK1.12 billion.
  • In contrast, Europe revenue surpassed estimates by scoring DKK3.71 billion compared to the estimated DKK3.67 billion.
  • The revenue from other developed markets was higher than forecasted, with DKK1.81 billion versus the assessed DKK1.74 billion.
  • Ebitda was on target with the estimate, earning DKK2.11 billion.
  • Ebit was DKK1.77 billion, slightly lower than the estimated DKK1.82 billion.
  • Coloplast’s net income in 2Q was also less than estimated, scoring DKK1.25 billion against the anticipated DKK1.3 billion.
  • The health care company currently has a rating of 9 buys, 15 holds, and 3 sells.

A look at Coloplast A/S Smart Scores

FactorScoreMagnitude
Value2
Dividend4
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

Coloplast A/S, a company specializing in healthcare products and services, has received a mix of Smart Scores indicating its long-term outlook. With a solid Dividend score of 4 and a respectable Momentum score of 4, Coloplast seems to offer a promising investment opportunity for those seeking steady returns and positive market performance. However, its Value and Resilience scores of 2 each suggest potential weaknesses in terms of the company’s valuation and ability to withstand market challenges. The Growth score of 3 indicates moderate potential for expansion in the future. Investors may want to closely monitor these aspects before making investment decisions.

The company’s focus on developing products for various healthcare needs, such as ostomy, incontinence, mastectomy, wound healing, and skin care, positions Coloplast as a key player in the healthcare industry. Collaborating with professional caregivers and user groups for research projects reflects Coloplast’s commitment to innovation and meeting the evolving demands of the market. With a global reach, serving healthcare professionals, dealers, and product users worldwide, Coloplast A/S demonstrates a strong presence in the healthcare sector, potentially offering diverse investment opportunities for interested parties.


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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UBS Group (UBSG) Q1 Earnings Surpass Expectations: Records Solid Income and Revenue Growth

By | Earnings Alerts
  • UBS has reported a 1Q net income of $1.76 billion, surpassing the estimated $598.3 million.
  • The total revenue for the quarter is $12.74 billion, a year-on-year increase of 46%, more than the expected $11.86 billion.
  • Net interest income stands at $1.94 billion, marking a 40% rise from last year, however, less than the estimated $2.23 billion.
  • Net Fee & Commission income has gone up by 41% compared to the last year, reaching $6.49 billion. This number exceeds the $6.24 billion estimate.
  • Operating expenses have increased by 42% reaching $10.26 billion, but still less than the expected $10.75 billion.
  • The pretax profit of UBS stands at $2.38 billion, over double the predicted $1.16 billion.
  • For the Wealth Management division, the pretax profit is at $1.10 billion, registering a decline of 9.1% compared to last year, and under the estimated $1.13 billion.
  • The Investment Bank’s pretax profit increased by 13% to $555 million, much higher than the estimate of $397.7 million.
  • The Asset Management’s division reported a pretax profit growth of 17% leading to $111 million, although less than the estimated $143.2 million.
  • The Earnings Per Share (EPS) stands at 52c compared to last year’s 32c and has exceeded the estimated 18c.
  • The common equity Tier 1 ratio stands at 14.8%, higher than both last year’s 14.4% and the estimated 14.4%.
  • The Cost to Income Ratio of 80.5% is notably lower than last year’s 105.7%, and lower than the estimated 85.6%.
  • The Return on tangible equity is up by 9%, higher than last year’s 8.1% and the estimated 3%.
  • The total revenue for the Wealth Management division stood at $6.14 billion (a 28% increase) and for Investment Bank at $2.75 billion (a 16% increase), both exceeding estimates.
  • The merger of UBS AG and Credit Suisse AG is expected by May 31 2024, followed by the transition to single US intermediate holding company in the following quarter. The merger of Swiss entities is planned for the third quarter.
  • The bank aims for a low-to-mid single-digit decline in Net Interest Income at the Global Wealth Management unit during the next quarter.
  • UBS aims to achieve a further $1.5 billion gross cost savings by the end of 2024.
  • The bank expects $1.3 billion of integration-related expenses in the coming quarter.

A look at UBS Group Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth5
Resilience2
Momentum3
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

UBS Group AG, a financial services provider catering to various types of clients, has garnered mixed ratings in its long-term outlook based on the Smartkarma Smart Scores. With a strong emphasis on growth and value, UBS Group has secured high scores in these areas, demonstrating positive indicators for future performance. However, the company falls short in terms of resilience, which may pose some challenges in adverse market conditions. The overall momentum and dividend scores suggest stability and moderate growth potential.

Despite facing some resilience concerns, UBS Group remains positioned for growth and value creation in the market. As a comprehensive financial services provider, UBS Group is well-equipped to navigate the complexities of the industry. Investors may find the company’s strong focus on growth and value appealing, although monitoring the company’s ability to withstand market fluctuations will be crucial. Overall, UBS Group presents a diversified portfolio of services, including investment banking, wealth management, and securities services, emphasizing its versatility and potential 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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ADNOCDIS 1Q Earnings Highlight: Abu Dhabi National Oil Reports Robust Revenue Growth and Future Investment Strategies

By | Earnings Alerts
  • Adnoc Gas’s first quarter revenue in 2024 was worth $6.01 billion, an increase of 16% compared to the same period in the previous year.
  • The company’s EBITDA was $2.08 billion, with a notable increase of 17% year on year.
  • The EBITDA margin was 34.5%, slightly higher than the 34% in the previous year.
  • The free cash flow recorded a significant jump of 47%, reaching $1.18 billion.
  • Capital expenditure drastically increased to $387 million from the former $174 million year on year.
  • Notable factors contributing to these positive figures include robust sales volumes and ongoing margin improvements in Adnoc Gas’s domestic operations.
  • The company has ambitious expansion plans and intends to invest more than $13 billion in both domestic and international growth opportunities within the period of 2024-2028.
  • Adnoc Gas’s strategic plan includes seeking growth in international markets and acquiring new positions in the gas value chain, specifically in Europe, India, China, and South-East Asia.
  • Investors exhibit strong confidence in the firm’s growth potential and performance, with 9 buying positions, 1 hold position and no selling positions to date.

A look at Abu Dhabi National Oil for Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE2.8

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

Abu Dhabi National Oil Company for Distribution PJSC’s long-term outlook shows a balanced profile across various factors, as indicated by the Smartkarma Smart Scores. With a strong emphasis on dividends and moderate scores in growth and momentum, the company is positioned to provide consistent returns to its investors. While the value and resilience scores are slightly lower, the company’s strategic focus on dividends and steady growth projects a stable outlook for the future.

As a market leader in distributing petroleum products globally, Abu Dhabi National Oil Company for Distribution PJSC offers a wide range of services, including lubricants, liquid propane, greases, and natural gas. The company’s comprehensive service stations cater to various needs such as refueling, oil changes, parts replacement, and car washing services. With a solid foundation in place and a focus on delivering dividends, the company demonstrates resilience and potential for growth in the long term.


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

By | Earnings Alerts
  • Dexus is maintaining its financial year (FY) distribution per security outlook, still expecting about A$0.48 per security.

  • The company notes that current conditions remain challenging.

  • The FY Adjusted Funds From Operations (AFFO) excluding trading profits is predicted to remain consistent with that of FY23.

  • There have been 4 purchases, 4 holds, and 3 sales noted recently.

  • Comparisons to past results have been made with values reported from the company’s initial disclosures.


A look at Dexus Property Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth2
Resilience2
Momentum3
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, Dexus Property demonstrates a strong outlook for both value and dividends, scoring the highest rating of 5 for each category. This indicates that the company is considered to offer excellent value for investors and provides a competitive dividend yield. However, the growth and resilience scores for Dexus Property are relatively lower, with ratings of 2 for both factors. This suggests that while the company may not be experiencing significant growth or resilience compared to its peers, its momentum score of 3 implies a moderate level of positive market momentum.

Overall, Dexus Property‘s long-term outlook appears favorable for investors seeking value and a steady income stream through dividends. The company’s focus on managing and investing in a diversified portfolio of properties in Australia and New Zealand positions it well to continue delivering value to its shareholders, despite facing some challenges in terms of growth and resilience.


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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Northern Star Resources (NST) Earnings Forecast Remains Steady Amid FY Growth Capital Expenditures and Exploration Expenditure Targets

By | Earnings Alerts
  • Northern Star continues to estimate FY growth capital expenditures to be between A$1.15 billion and A$1.25 billion.
  • The company’s forecasted exploration expenditure remains steady at A$150 million.
  • During the June quarter, the focus at KCGM has been increasing milled tons and grade through greater access to Golden Pike North.
  • Jundee reports higher grades in its mining performance.
  • Thunderbox sees the annualised mill throughput rate at 5Mtpa at Yandal in the 4th Quarter.
  • Pogo’s target for June quarter is improved mill throughput, pointing to enhanced capacity and continuity from finalized projects.
  • Northern Star has affirmed its sales and cost targets for the financial year 2024.
  • Their stock performance demonstrates a positive outlook, with 10 buys, 6 holds, 2 sells.
  • Comparisons to past results are grounded in values announced in the company’s original disclosures.

A look at Northern Star Resources Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.0

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

Investment analysts see a positive long-term outlook for Northern Star Resources based on a combination of factors. The company’s Smartkarma Smart Scores reflect a solid performance across key indicators. With a strong momentum score of 4, Northern Star Resources demonstrates promising growth potential. Additionally, scoring well in value, growth, and resilience with scores of 3, the company is positioned for stability and value creation over the long term. While the dividend score of 2 shows room for improvement in this area, overall, Northern Star Resources presents a robust outlook for investors looking at the precious metals sector.

As a manufacturer of precious metals, Northern Star Resources focuses on mining and producing gold, catering to customers in Australia and North America. The company’s diverse operations and strong performance in key aspects like momentum and resilience point towards a sustainable future. With a balanced scorecard showcasing strengths in growth and value, Northern Star Resources appears well-equipped to navigate the market dynamics and deliver shareholder value over the long run. Investors eyeing stability and growth in the precious metals industry may find Northern Star Resources a compelling opportunity.


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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Itau Unibanco Holding (ITUB4) Earnings: 1Q Recurring Net Income Meets Projections with Robust 16% Y/Y Growth

By | Earnings Alerts

• Itau’s recurring net income in the first quarter met expectations, totalling R$9.77 billion, which is a 16% increase year on year.

• Itau’s net interest income was R$26.88 billion, marking an 8.9% increase compared to the previous year.

• The bank’s loans amounted to R$1.18 trillion, showing a 2.8% increase when compared to the same period last year.

• The non-performing loans (NPL) ratio was 2.7%, slightly lower than the estimate of 2.83% and down from 2.9% year on year.

• The bank achieved a return on average equity of 21.9%, which is higher than the 20.7% return attained in the same period last year.

• Total assets for Itau were R$2.79 trillion, marking a 9.5% increase from the previous year.

• The formation of new NPL was R$9.04 billion, which is a decrease by 1.1% from the prior year.

• Total cost of credit was negative at -R$8.79 billion but showed a 3.2% increase year on year.

• New NPLs formed made up 1% of the loan portfolio, unchanged from the previous year.

• The Tier 1 ratio was 14.5%, which is higher than the 13.5% noted last year.

• Fee and commission income for the bank was R$10.85 billion, marking a 4.9% increase when compared with the previous year.

• Itau kept its projections for 2024 unchanged.

• The bank was given a positive investment recommendation, with no sell recommendations, three hold recommendations and 13 buy recommendations.


A look at Itau Unibanco Holding Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience2
Momentum4
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

Itau Unibanco Holding S.A., a leading banking institution, has received a positive long-term outlook based on its Smartkarma Smart Scores. With a solid score in Growth and Momentum, the company is positioned for future expansion and market performance. The company’s focus on value and dividends, though not as high, signifies stability and shareholder returns. However, Itau Unibanco Holding faces challenges in terms of resilience, indicating a need to strengthen its ability to withstand economic fluctuations. Overall, the company’s scores indicate a promising future trajectory in the industry.

Itau Unibanco Holding S.A. is a prominent player in the banking sector, offering a wide range of financial services including consumer loans, insurance, and securities brokerage. The company’s Smartkarma Smart Scores highlight its strengths in growth potential and market momentum, suggesting a positive outlook for investors. While there are areas for improvement in terms of resilience, the company’s overall profile reflects a well-rounded approach to banking operations. Investors may see Itau Unibanco Holding as a promising opportunity for long-term growth and value creation.


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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ANZ Group Holdings (ANZ) Earnings: 1H Cash Profit Misses Estimates, Dissecting Comprehensive Performance Report

By | Earnings Alerts
  • ANZ Group struggles: The 1H cash profit didn’t meet estimates, totaling at A$3.55 billion against the estimated A$3.63 billion.
  • Institutional profit: Institutional cash profit was also reported, reaching A$1.52 billion.
  • Geographical performance: In terms of geographical breakdown, the New Zealand unit reported cash profits of A$791 million. On the other hand, the Pacific branch posted a cash profit of A$31 million.
  • Net income: The net income for the Group stood at A$3.41 billion.
  • Investment ratings: There are mixed views from investors – the ANZ Group stock has 6 buys, 6 holds, and 4 sells.

A look at ANZ Group Holdings Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
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

Analysts utilizing the Smartkarma Smart Scores have indicated an overall positive long-term outlook for ANZ Group Holdings. With high scores across various key factors such as Value, Dividend, Growth, and Momentum, the company is positioned favorably for growth and stability in the future. The Value, Dividend, and Growth scores indicate strong fundamentals and potential for returns, while the Momentum score suggests a positive trend in the company’s performance.

However, the Resilience score of 2 raises slight concerns about the company’s ability to withstand economic fluctuations or unexpected challenges. This aspect may require careful monitoring to ensure the company remains robust in the face of adversity. Overall, ANZ Group Holdings, operating as a holding company in the banking and financial sector, shows promising prospects for investors considering a long-term investment strategy.


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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Coty Inc Cl A (COTY) Earnings: 3Q Prestige Channel Net Revenue Meets Estimates Amid Gross Margin Expansion

By | Earnings Alerts
  • Coty’s 3Q Prestige Channel Net Revenue of $867.2 million met estimates and was higher than estimated Consumer Beauty Net Revenue at $518.4 million.
  • The company’s 3Q net revenue was $1.39 billion and the adjusted EPS stood at 5.0c.
  • Coty’s gross margin and adjusted gross margin both were 64.8%, surpassing the estimated 64%.
  • The adjusted Ebitda for Coty was $199.9 million, better than the estimated $194 million.
  • Coty is forecasting savings of $110-120 million in FY24.
  • For FY24, the company expects adjusted EBITDA margin expansion to reach the upper end of its previous guidance range of 10 to 30 basis points.
  • FX headwinds in Q4 are seen as a contributing factor for Coty’s FY24 adjusted EBITDA to remain within its prior guidance range of $1,080 to $1,090 million at current FX rates.
  • Expectation of modest FY24 gross margin expansion year-over-year remains intact.
  • Notwithstanding subdued trends in U.S. mass cosmetics, strength and differentiation in Coty’s global and multi-category presence has been seen.
  • Business growth by a low-double-digit percentage in global prestige and mass fragrances, and over 20% sales growth in prestige cosmetics were observed.
  • Strong growth in both Prestige and Consumer Beauty businesses on a quarterly and fiscal year-to-date basis, in all three regions, and in core categories of fragrances, color cosmetics, skin care, and body care was noted.
  • Coty earned 11 buys, 11 holds, and 0 sells in the investor ratings.

A look at Coty Inc Cl A Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE2.6

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

Analysts at Smartkarma have assessed Coty Inc Cl A using the Smart Scores methodology to gauge the company’s long-term outlook. With a strong score of 4 in Growth, Coty Inc seems poised for significant expansion and development in the future. This indicates a positive trend towards increasing market share and expanding product lines in the beauty industry.

Despite a lower score of 1 in Dividend, Coty Inc’s other scores show a balanced overall outlook. With a score of 3 in Value and Momentum, along with a score of 2 in Resilience, the company demonstrates solid fundamentals and potential for sustained performance. Investors may find Coty Inc Cl A an attractive prospect for long-term growth and value creation.


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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Intl Flavors & Fragrances (IFF) Earnings: 1Q Net Sales Surpass Estimates, Full-Year Outlook Trends High

By | Earnings Alerts

• International Flavors has exceeded net sales estimates in the first quarter, with sales amounting to $2.90 billion.

• Despite witnessing a decrease of -4.2% y/y, the sales stand higher than the estimated $2.78 billion.

• Nourish net sales reached $1.50 billion, showing a decrease of -9.5% y/y but surpassing the estimated figure of $1.43 billion.

• Health & Biosciences nets sales saw an uptick, posting at $531 million (+3.5% y/y), higher than the estimated $515.1 million.

• Scent net sales witnessed an increase reporting sales of $645 million (+6.1% y/y), outperforming the estimate of $597.8 million.

• Pharma Solutions’ net sales, on the other hand, went down by -10% y/y to $227 million, which is also lower than the estimated $236.9 million.

• The Company's 1Q adjusted EPS excluding amortization stood at $1.13, which shows an increase from the previous year and comfortably beats the estimated 82c.

• Adjusted operating Ebitda was $578 million, marking a 15% y/y increase and exceeding estimates of $491.3 million.

• International Flavors forecasts full-year 2024 results to appear towards the higher end of its previously announced sales guidance range of $10.8 billion to $11.1 billion and adjusted operating EBITDA guidance range of $1.9 billion to $2.1 billion.

• This optimistic outlook is based on their strong performance so far and the expected performance for the remaining year.

• The current investor sentiment for the company stands at 9 buys, 13 holds, and 1 sell.


Intl Flavors & Fragrances on Smartkarma

Analyst coverage of Intl Flavors & Fragrances on Smartkarma reveals positive sentiments and insights from top independent analysts. Baptista Research, a reputable source on the platform, published research reports highlighting key aspects of International Flavors and Fragrances Inc. (IFF). In one report titled “International Flavors & Fragrances (IFF): New Launches“, it was noted that IFF reported strong fourth-quarter and full-year 2023 earnings, with notable growth in sales and EBITDA despite a reported sales decline. This underscores the company’s operational resilience and positive performance.

In another report titled “International Flavors & Fragrances (IFF): What Are Its Biggest Growth Catalysts? – Financial Forecasts“, Baptista Research discussed IFF’s impressive performance in the previous quarter, showcasing a rebound in company-wide volume and strategic moves to optimize its portfolio and capital structure. The sale of Lucas Meyer Cosmetics to Clariant for $810 million was highlighted as a significant step, reflecting IFF’s focus on driving growth and maximizing value for its stakeholders.


A look at Intl Flavors & Fragrances Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth2
Resilience2
Momentum4
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

International Flavors & Fragrances Inc., a company that specializes in creating flavors and fragrances for various industries, is positioned well for the long term according to Smartkarma’s Smart Scores. With high scores in Value and Dividend, the company demonstrates strong fundamentals and shareholder returns potential. However, its Growth and Resilience scores are moderate, indicating room for improvement in these areas. Despite this, Intl Flavors & Fragrances shows promising Momentum, which suggests positive market sentiment and potential for future growth.

Overall, Intl Flavors & Fragrances Inc. appears to be a solid investment option with a favorable outlook based on the Smart Scores analysis. Investors may find the company attractive due to its strong value proposition and dividend potential. While there are areas for growth and resilience that could be addressed, the company’s positive momentum indicates a positive trajectory for future performance in the flavors and fragrances 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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