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Smartkarma Newswire

Earnings Analysis: ICTSI (ICT) 1Q Revenue Hits $637.7M with EPS at 9.90c – Investment Perspective

By | Earnings Alerts
  • The first quarter revenue of ICTSI is reported to be $637.7 million.
  • The net income for the quarter has reached $209.9 million.
  • Earnings per share (EPS) were calculated to be 9.90 cents.
  • There were 13 buys, 5 holds, and no sells in the reviewed period.

A look at ICTSI Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience2
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

Analysts using Smartkarma Smart Scores highlight a promising long-term outlook for International Container Terminal Services, Inc. (ICTSI). With strong ratings in Growth and Momentum, ICTSI is positioned well for future expansion and market performance. These high scores indicate that the company is expected to experience significant growth and maintain positive traction in the market in the coming years.

While ICTSI shows solid potential for growth and market momentum, its scores in Value, Dividend, and Resilience suggest areas that may require attention. With a mixed score in Value and Resilience, the company may need to focus on improving these aspects to further strengthen its overall position in the industry. Additionally, the positive rating in Dividend signifies a stable dividend policy, offering potential benefits to investors seeking income from their investments in ICTSI.

Company Summary: International Container Terminal Services, Inc. provides containerized cargo handling services. The Company manages and operates the Manila International Container Terminal and port, showcasing its expertise in the logistics and maritime 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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Endeavour Group’s Australia 3Q Earnings Report: Retail Sales Increase to A$2.41B, Steady Forecast Despite Subdued Market Conditions

By | Earnings Alerts
  • Endeavour Group’s 3Q retail sales stood at A$2.41 billion, showing a 2.4% increase y/y.
  • Total sales came up to A$2.89 billion, marking a 2.2% rise from the previous year.
  • Hotel sales were A$487 million, which is 1.5% up y/y.
  • The company foresees its capital expenditure to remain between A$420 million to A$480 million, and finance cost within A$300 million to A$310 million for the year.
  • Even though trading conditions were weak in January, they improved slightly in February and March, albeit being still subdued in relation to the first half.
  • BWS and DanMurphy’s saw flat sales on a comparable store basis.
  • Easter week sales were ahead of the same period in the previous year.
  • The market conditions in 4Q are expected to remain consistent with 3Q for both the Retail and Hotels segments.
  • Endeavour Group is currently experiencing inflationary cost pressures, and is responding by closely monitoring Cost of Doing Business (CODB).
  • The Group is predicted to perform well despite the economic cycle.
  • The company’s stock has twelve buys, three holds, and no sells.
  • The comparisons to past results are based on values reported by the company’s original disclosures.

Endeavour Group /Australia on Smartkarma

Analysts on Smartkarma, such as Clarence Chu, are closely watching the developments surrounding Endeavour Group in Australia. Chu, in his recent report titled “Endeavour Group Placement – While There Is an Overhang, Selldown Now Appears Well Flagged,” discusses Woolworths Ltd’s plan to raise A$468m by divesting its stake in Endeavour Group. Endeavour Group, which was spun off from Woolworths in June 2021, oversees the drinks and hospitality segment of the company. Chu’s analysis delves into the dynamics of the deal and evaluates it through an Equity Capital Markets (ECM) framework.

Given Chu’s bullish lean on the situation, it indicates a positive sentiment surrounding the divestment of Woolworths’ stake in Endeavour Group. This insight, along with other independent analysts’ research on Smartkarma, provides investors with valuable perspectives on the investment landscape related to Endeavour Group in Australia.


A look at Endeavour Group /Australia 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

Analysts give a positive long-term outlook for Endeavour Group / Australia as indicated by its Smartkarma Smart Scores. With solid scores in growth and momentum, the company is positioned for future success in the retail drinks and hospitality sector. A high growth score reflects the potential for Endeavour Group to expand and increase its market presence, while a strong momentum score suggests that the company is currently on a favorable trajectory.

Although the company’s resilience score is somewhat lower, indicating a potentially lower ability to withstand economic shocks, the overall outlook remains optimistic. With a balanced mix of scores across different categories, Endeavour Group / Australia shows promise for sustained growth and development in the future.


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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Westpac Banking (WBC) Earnings: 1H Net Income Matches Estimates, Surpasses Dividend Expectations

By | Earnings Alerts
  • Westpac’s net income for the first half was A$3.34 billion, which met the estimated projections.
  • The interim dividend per share was recorded at A$0.75, exceeding the estimated prediction of A$0.71.
  • The sentiments around the company’s performance were mixed amongst analysts with 4 recommending to buy the stock, 6 advising to hold onto it, and 7 suggesting to sell it.

A look at Westpac Banking Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
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

Westpac Banking Corporation, a global financial services provider, has received strong Smart Scores across various factors. With high scores in Value, Dividend, and Growth, the company is positioned well for long-term success. The Value score indicates the company is undervalued relative to its fundamentals, while the Dividend score suggests a reliable and attractive dividend yield. Furthermore, the Growth score reflects positive expectations for the company’s future expansion and profitability. However, with a lower Resilience score, Westpac may face some vulnerabilities in adverse market conditions. On the bright side, the Momentum score is high, indicating strong positive price momentum that may bode well for the company’s stock performance.

Westpac Banking Corporation’s overall outlook, as indicated by the Smart Scores, presents a mixed picture. While the company shows strength in key areas such as Value, Dividend, and Growth, the lower Resilience score raises some concerns about its ability to weather challenges. Investors may find the high Momentum score encouraging, suggesting positive market sentiment and potential price appreciation. As a provider of a wide range of banking and financial services to individuals, businesses, and corporations globally, Westpac’s solid performance in key areas could support its long-term growth and stability in the dynamic financial 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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Spark New Zealand (SPK) Earnings: FY Ebitdai Outlook Reduced Amid Challenging Trade Conditions

By | Earnings Alerts
  • Spark NZ has reduced its FY Ebitdai forecast, adjusting it from a range of NZ$1.22 billion to NZ$1.26 billion to an estimated range of NZ$1.17 billion to NZ$1.21 billion.
  • The dividend per share is expected to remain at 27.5 NZ cents.
  • Capital expenditure is expected to remain between NZ$510 million to NZ$530 million.
  • The reduced guidance is due to intensified challenging trading conditions in some parts of the business.
  • There has been notably weaker demand in the enterprise and government markets, impacting Spark’s IT revenues.
  • Public and private sector spending cuts have deepened since the half year, affecting demand in IT service management and professional services.
  • Several planned digital transformation projects have been delayed, grappling with significantly reduced demand.
  • Despite these, mobile service revenue and broadband performance continue to align with expectations.
  • Sales of mobile devices and accessories have been softer than expected.
  • Spark has seen a material deterioration in the outlook for IT revenues, coupled with subdued market conditions, leading to reduced FY24 Ebitdai outlook.
  • To counter this, Spark is fast-tracking its SPK-26 Operate Programme for quicker efficiency benefits.
  • This will go hand in hand with broader efficiency initiatives to lessen the impact of the softer trading conditions.
  • Current market analysts’ opinions include 2 buys, 7 holds, and 1 sell for Spark NZ.

A look at Spark New Zealand Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE3.0

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

Based on Smartkarma Smart Scores, Spark New Zealand shows a positive long-term outlook. The company scores well in Dividend and Growth factors, indicating strong potential for returns and expansion. Additionally, its Momentum score suggests a promising trend in its future performance. While Value and Resilience scores are lower, the company’s focus on mobility, data, and cost-efficiency aligns with its strategic direction.

Spark New Zealand Limited, formerly known as Telecom Corporation of New Zealand Limited, is dedicated to providing digital communication, entertainment, and IT services to individuals and businesses in New Zealand. With a strategic emphasis on mobility, data, and seamless service delivery, the company is positioned to capitalize on evolving industry trends and technological advancements.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Arabian Internet & Communications (SOLUTION) Earnings Surpass Expectations: 1Q Profits Beat Estimates with a 16% Increase YoY

By | Earnings Alerts
  • Solutions by STC’s 1Q profit exceeded expectations, amounting to 353 million riyals, marking a 16% increase year-on-year.

  • The company’s revenue was tallied at 2.81 billion riyals, showing a 5% growth year-on-year. However, it fell below the estimated 3.02 billion riyals.

  • The operating profit reported was 370 million riyals, up by 3.6% year-on-year but lower than the 398 million riyals estimated by two distinct estimates.

  • There was an increase in Earnings per share (EPS) from 2.55 riyals to 2.97 riyals year-on-year.

  • The rise in profit was attributed to various factors, including an increase in core ICT services, IT managed and operational services, and digital services.

  • Opinions on stock performance are varied with 5 buys, 7 holds and 3 sells.


A look at Arabian Internet & Communica Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
Momentum3
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

Analysts utilizing the Smartkarma Smart Scores have indicated a positive long-term outlook for Arabian Internet & Communica. With a strong focus on Growth and Resilience, scoring 4 and 5 respectively, the company is positioned well for future expansion and to weather economic uncertainties. The company’s dedication to providing information technology services, cybersecurity, and digital solutions aligns with the growing demand in the market.

While the Value and Dividend scores are moderate at 2, indicating room for improvement in these areas, the Momentum score of 3 suggests a steady progress in the company’s overall performance. Arabian Internet & Communica, through its Solutions by STC brand, caters to both public and private sectors in Saudi Arabia with a range of services such as connectivity, cloud solutions, and business outsourcing, showcasing a diversified portfolio with potential for further growth.


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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Saudi Awwal Bank (SABB) Earnings Beat Estimates: +16% year-on-year Profit Growth in Q1

By | Earnings Alerts
  • Saudi Awwal Bank reported a higher than expected profit of 2.04 billion riyals in Q1, a 16% increase year on year. Analysts had estimated profits would amount to 1.9 billion riyals.
  • The Bank’s operating income also exceeded estimates with a total of 3.45 billion riyals, a 7.1% increase from the previous year. The estimate was 3.42 billion riyals.
  • Earnings Per Share (EPS) was 0.96 riyals, compared to an estimate of 0.92 riyals and a previous year EPS of 0.86 riyals.
  • Impairments significantly decreased by 65% to 81 million riyals.
  • Pretax profit increased by 17% to 2.35 billion riyals, outpacing estimates of 2.2 billion riyals.
  • The bank’s assets increased by 12% to 369.61 billion riyals, significantly higher than the estimated 306.82 billion riyals.
  • Investments saw a small increase of 1.1% bringing the total to 91.96 billion riyals.
  • Net loans increased by 20% to 228.54 billion riyals, beating an estimate of 222.36 billion riyals.
  • Total deposits grew by 11% compared to the previous year to 251.76 billion riyals.
  • Gross special commission income rose by 28% primarily due to interest rate hikes and loan volume growth.
  • The increase in operating income is attributed to an increase in net special commission income, net fee and commission income, and exchange income.
  • There were noted increases in losses on amortised cost investments.
  • The bank saw increased expenses due to higher salaries, employee-related expenses, and depreciation and amortisation.
  • Analysts’ responses to the Saudi Awwal Bank‘s financial performance varied, with twelve buying, two holding, and none selling.

A look at Saudi Awwal Bank Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth5
Resilience3
Momentum4
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

According to Smartkarma Smart Scores, Saudi Awwal Bank shows a promising long-term outlook based on its strong scores. The bank excels in areas such as value, growth, dividend, and momentum, showcasing robust performance across key factors. With top scores in value and growth, Saudi Awwal Bank demonstrates a solid foundation for potential profitability and expansion. Moreover, its solid dividend and momentum scores indicate consistent returns and positive market sentiment.

Saudi Awwal Bank, operating as a bank with a wide range of financial services, including wealth management, investment, and corporate banking, serves customers globally. The bank’s strong scores in key areas like value and growth reflect its potential for sustained success in the long term. Additionally, with competitive dividend and momentum scores, Saudi Awwal Bank appears well-positioned to deliver returns to its investors while maintaining positive performance 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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Exploring Hon Hai Precision Industry (2317) Earnings: A Comprehensive Analysis of the Impressive April Sales Growth

By | Earnings Alerts
  • Hon Hai reports April sales figures of NT$510.90 billion.
  • There is a reported increase in sales of 19%.
  • The investment summary shows 19 buys, 4 holds, and 1 sell.

Hon Hai Precision Industry on Smartkarma

Analysts on Smartkarma, like Vincent Fernando, CFA, have been closely monitoring Hon Hai Precision Industry (Foxconn). Vincent’s research highlights the recent surge in Hon Hai shares after showcasing AI technologies at Nvidia’s GTC conference, possibly triggering a short squeeze. Despite the rally, long-term fundamentals remain strong, with a revised target price of NT$170. However, concerns arise over the current overbought status of Hon Hai, indicating potential near-term challenges.

In another report by Vincent, Hon Hai’s upbeat 4Q23 profit and bullish outlook for 2024 revenue, driven by demand for AI servers, indicate further valuation upside. The company’s potential major order from HP Enterprise and positive news flow potential through Nvidia’s GTC conference signal room for continued upside. Additionally, the focus on the EV business expansion and low valuation multiples present a buying opportunity for investors eyeing long-term growth prospects in Hon Hai.


A look at Hon Hai Precision Industry Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience4
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

Based on the Smartkarma Smart Scores, Hon Hai Precision Industry has received solid ratings across the board. With high scores in Value, Dividend, Growth, and Resilience, the company appears well-positioned for long-term success. The top-notch Momentum score further indicates strong market momentum, suggesting positive prospects for Hon Hai Precision Industry.

Overall, Hon Hai Precision Industry, known for providing electronic manufacturing services for a wide range of products, seems to have a promising long-term outlook based on its impressive Smart Scores. The company’s diverse business operations, including PC assembly, connector production, and consumer electronics manufacturing, coupled with its strong performance across key factors, indicate a favorable future trajectory in the industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Surge in Largan Precision (3008) Earnings: April Sales Reach NT$3.46B, Indicating a 20.4% Increase

By | Earnings Alerts
  • Largan reported sales in April 2024 of NT$3.46 billion.
  • This represents a 20.4% increase in sales compared to the previous period.
  • Out of the 25 ratings received, 23 recommended a “buy”, 2 recommended a “hold”, and none recommended a “sell”.

A look at Largan Precision Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience5
Momentum2
OVERALL SMART SCORE3.4

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

When looking at the Smartkarma Smart Scores for Largan Precision, the company showcases strength in several key areas. With a high Resilience score of 5, Largan Precision is well-positioned to weather market fluctuations and adapt to changing circumstances. This indicates the company’s ability to maintain stability and effectively navigate challenges in the long run. Additionally, the company’s strong Value score of 4 suggests that Largan Precision‘s stock may be considered undervalued based on its fundamentals, making it an attractive option for investors seeking assets that are potentially priced below their intrinsic value.

Although Largan Precision receives lower scores in Growth and Momentum, scoring 3 and 2 respectively, the company’s overall outlook appears positive. The Growth score of 3 indicates potential for steady expansion and development over time, while the Momentum score of 2 suggests room for improvement in terms of market performance. With a moderate Dividend score of 3, Largan Precision may offer some income opportunities for investors through dividends. Overall, based on the Smartkarma Smart Scores, Largan Precision shows promise for long-term sustainability and potential value appreciation.


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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1Q Earnings Surge Plotted: Comprehensive Analysis of Berkshire Hathaway Inc Cl A (BRK/A) Earnings and Operating Income

By | Earnings Alerts
  • Berkshire Hathaway’s first quarter operating income has risen to $11.22 billion, marking a 32% increase compared to the previous quarter.
  • The company’s insurance underwriting operating income has seen a significant increase, reaching $2.6 billion from $848 million in the preceding quarter.
  • In contrast, insurance-investment operating income has dropped slightly by 5.8% to $2.6 billion.
  • Railroad operating earnings decreased by 16% to $1.14 billion in Q1.
  • Income from other controlled businesses came in at $3.09 billion. Additionally, income from non-controlled businesses was reported at $405 million.
  • There has been a notable improvement in other operating income, which amounts to $673 million, compared to a loss of $804 million in the previous quarter.
  • Although, the net income for the period was $12.70 billion, down 66% compared to the previous quarter.
  • The insurance float decreased slightly, down 0.6% to a value of $168 billion.
  • Analyst perspectives on the company include two buy ratings, two hold ratings, and no sell ratings.

A look at Berkshire Hathaway Inc Cl A Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth4
Resilience4
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 utilizing the Smartkarma Smart Scores system have provided an optimistic long-term outlook for Berkshire Hathaway Inc Cl A, with high scores across key factors. The company’s strong performance in areas such as value, growth, resilience, and momentum bodes well for its future prospects. Berkshire Hathaway Inc. is a diverse holding company with interests in insurance, railway, specialty chemicals, and various other sectors, showcasing its ability to weather different economic conditions and maintain steady growth.

Although Berkshire Hathaway Inc Cl A scored lower in the dividend category, its overall solid Smart Scores indicate a promising outlook for investors seeking a well-rounded investment option. With a focus on value, growth, resilience, and momentum, Berkshire Hathaway Inc Cl A exemplifies a strong and diversified investment choice 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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Foxconn Technology (2354) Earnings Report: April Sales Plummet by 34.2% to NT$3.30B

By | Earnings Alerts
  • Foxconn Tech reported April sales of NT$3.30 billion
  • The sales represent a decrease of 34.2% compared to previous figures
  • For Foxconn Tech’s performance, there were 0 buy ratings, 2 holds, and 0 sell ratings

Foxconn Technology on Smartkarma

Analysts on Smartkarma are closely monitoring Foxconn Technology, the key iPhone assembler, amidst significant compliance challenges in China. Caixin Global‘s bearish insight report, “How Foxconn Triumphed on the Chinese Mainland,” reveals that Foxconn is facing intense government scrutiny in China. Multiple Foxconn-affiliated entities are under investigation by Chinese authorities for issues related to tax and land-use, as reported by state-owned newspaper Global Times. This investigation poses a major challenge for Foxconn as it navigates the regulatory landscape in one of its key manufacturing locations.


A look at Foxconn Technology Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth3
Resilience5
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

With a perfect score for value and high scores across the board in dividend, growth, resilience, and momentum, Foxconn Technology Co Ltd appears to have a promising long-term outlook. The company stands out for its strong value proposition, solid dividend potential, and impressive momentum in the market. Known for manufacturing OEM desktop computers and color monitors, Foxconn Technology seems well-positioned to capitalize on its resilience and continue its growth trajectory in the tech industry.

In summary, Foxconn Technology Co Ltd, a renowned manufacturer of OEM desktop computers and color monitors, showcases exceptional performance across key factors according to Smartkarma’s Smart Scores. With top scores in value, resilience, and momentum, the company’s long-term prospects look favorable, supported by its strengths in growth and dividend potential. Investors may find Foxconn Technology an appealing option for potential growth and value in the evolving tech 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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