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Smartkarma Newswire

PTT E&P (PTTEP) Earnings Report: Revealing 1Q Net Income of 18.68B Baht Amid 26 Buys and 5 Holds

By | Earnings Alerts
  • PTT E&P reported net income of 18.68 billion baht in the first quarter.
  • Total revenue for the same period was 78.81 billion baht.
  • Earnings per share (EPS) for the quarter stood at 4.71 baht.
  • Stock analysts’ recommendations for the company are mostly positive, with 26 buys, 5 holds, and only 1 sell.

A look at PTT E&P Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
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

Analysts assessing PTT Exploration and Production Public Company Limited’s long-term prospects see a positive outlook based on Smartkarma Smart Scores. Highlighting key factors, the company scores well in Growth and Momentum, indicating strong potential for expansion and market performance. Complementing this, PTT E&P also earns high scores for Dividend and Resilience, reflecting solid returns and a stable operational profile. Although Value is rated slightly lower, the overall positive scores suggest a promising future for PTT E&P in the energy exploration and production sector.

PTT E&P, a subsidiary of the Petroleum Authority of Thailand, focuses on the exploration and production of crude oil and natural gas. With encouraging scores in key areas essential for sustainable growth and performance, investors may view PTT E&P as a favorable long-term investment option within the energy industry. The company’s emphasis on growth, backed by strong momentum and resilience, positions it well for potential opportunities and challenges ahead, reinforcing its standing 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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Bureau Veritas SA (BVI) Earnings Report: Q1 Organic Revenue Surpasses Estimates with 8% Growth

By | Earnings Alerts
  • Bureau Veritas’ 1Q organic revenue displayed growth of 8%, surpassing estimates of 6.64%.
  • Marine and offshore organic revenue rose by 13.6%, exceeding expected growth of 9.38%.
  • Agri-food and commodities organic revenue grew by 3.2%, slightly below the estimated growth of 4.86%.
  • Organic revenue from the industry sector surged by 16.3%, outperforming predictions of 9.99% growth.
  • Buildings and infrastructure sector showed organic revenue growth of 3.6%, a bit lower than the estimated 5.09%.
  • Oorganic revenue from certification experienced 13.7% growth, surpassing the 10.5% growth estimate.
  • Consumer product’s organic revenue increased by 6.1%, higher than a predicted 4.8% growth.
  • Quarterly revenue reached EU1.44 billion, seeing 2.5% y/y growth, slightly under the estimate of EU1.45 billion.
  • The 2024 outlook is confirmed, expecting mid-to-high single-digit organic revenue growth and improvement in the adjusted operating margin at constant exchange rates.
  • Strong cash flow with a cash conversion above 90% is forecasted for the financial year.
  • The group predicts the second half of the year’s organic revenue growth to be higher than the first half due to stronger comparables in Q2.
  • Bureau Veritas has maintained its growth trajectory with broad organic growth of 8.0% in the first quarter of 2024.
  • Current stock recommendations for Bureau Veritas are 13 buys, 6 holds, and 1 sell.

A look at Bureau Veritas SA Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores for Bureau Veritas SA, the company’s long-term outlook appears promising. With strong Momentum and Growth scores of 5 and 4 respectively, Bureau Veritas SA is positioned for future expansion and performance. Additionally, the company scores well in terms of Resilience, indicating a stable foundation in the face of challenges. Despite average scores in Value and Dividend, the overall outlook is positive, reflecting potential for growth and sustained performance in the consulting services sector.

Bureau Veritas SA offers a range of consulting services globally, focusing on inspection, audit, tests, and certification related to quality, hygiene, and health. With a solid presence in these key areas, the company’s strategic positioning and high Momentum score suggest a promising trajectory for long-term success in the industry. Investors may look to Bureau Veritas SA as a potential growth opportunity given its strong Growth score and resilient operational framework.


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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Symrise AG (SY1) Earnings: 1Q Sales Surpass Estimates with Accelerated Organic Growth

By | Earnings Alerts
  • Symrise surpassed estimated sales, achieving EU1.29 billion against an expected EU1.27 billion.
  • The company’s Taste, Nutrition & Health sector sales fell slightly short of estimates, generating EU775.2 million, compared to the anticipated EU792.1 million.
  • Scent & Care sector outperformed expectations with sales of EU516.4 million, significantly higher than the estimated EU481 million.
  • Organic sales grew by 10.9%, beating the estimate of 8.86%.
  • Taste, Nutrition & Health’s organic sales increased by 7.5%, just under the estimated 7.75%.
  • Scent & Care’s organic sales soared with a 13.7% increase, notably higher than the estimated 8.52%.
  • Symrise remains confident of its growth and profitability prospects for 2024.
  • Despite current market conditions, the company still believes it will grow faster than the relevant market, which is expected to increase about 3% to 4%.
  • Assuming raw material costs remain broadly stable, Symrise anticipates an EBITDA margin of approximately 20% in 2024.
  • Currently, the company has received 12 buys, 12 holds, and 2 sells from market participants.

A look at Symrise AG Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE2.8

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

Based on the Smartkarma Smart Scores, Symrise AG shows promising signs for long-term growth. With a solid momentum score of 4, the company is likely to continue its positive trend in the market. Additionally, Symrise AG has scored well in growth and resilience, with scores of 3 in each category, indicating a strong potential for expansion and the ability to withstand economic challenges. While the value and dividend scores are rated at 2, suggesting room for improvement, the overall outlook for Symrise AG appears favorable.

As a diversified chemical manufacturer, Symrise AG produces a wide range of products including perfume oils, fragrance bases, cosmetic raw materials, and plant extracts, among others. The company serves various industries such as fragrances, cosmetics, food, and pharmaceuticals. With its strong momentum, growth, and resilience scores, Symrise AG seems well-positioned for future success 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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Sanofi (SAN) Earnings Roundup: 1Q Business EPS Surpasses Expectations Boosted by Robust Sales

By | Earnings Alerts
  • Sanofi‘s Q1 business EPS beat estimates at EU 1.78, surpassing the estimated EU 1.77.
  • The company experienced a -7.4% in Business EPS excluding foreign exchange impacts.
  • Sales reached EU 10.46 billion, marking a 2.4% increase year on year, exceeding the estimate of EU 10.3 billion.
  • Dupixent net product sales amounted to EU 2.84 billion, slightly above the estimated EU 2.83 billion.
  • Beyfortus net sales stood at EU 182 million, marginally over the estimated EU 181.4 million.
  • Biopharma reported net sales of EU 8.94 billion, higher than the estimated EU 8.8 billion.
  • Consumer healthcare sales came to EU 1.53 billion, surpassing the estimated EU 1.5 billion.
  • Vaccine sales reached EU 1.18 billion, slightly above the estimated EU 1.17 billion.
  • Influenza vaccines alone sold EU 73 million, exceeding the estimated sales of EU 61.9 million.
  • Aubagio net sales were EU 102 million, lower than the estimate of EU 110.8 million.
  • Sales at constant exchange rates increased by 6.7%, Dupixent sales ex-FX increased by 24.9%, Beyfortus sales ex-FX remained stable, Biopharma sales ex-FX increased 6.3%, Consumer healthcare sales ex-FX increased 9%, Vaccine sales ex-FX increased 5.6%, Aubagio sales ex-FX decreased 74.7%.
  • Business net income reached EU 2.22 billion, slightly beating the estimate of EU 2.21 billion.
  • Business operating income totalled EU 2.84 billion, surpassing the estimated EU 2.8 billion.
  • Consumer healthcare business operating income was EU 472 million, a decrease of 12% y/y, falling short of the estimated EU 492.2 million.
  • Biopharma Business operating income totalled EU 2.37 billion, a decrease of 15% y/y, falling short of the estimated EU 2.48 billion.
  • Gross margin was 73.5%, lower than the previous year’s 76.1% and the estimated 74.4%.
  • Consumer healthcare gross margin stood at 63.9%, lower than the previous year’s 67% and the estimate of 67%.
  • Biopharma gross margin was 75.1%, lower than the previous year’s 77.7% and the estimate of 77.5%.
  • R&D expenses increased by 10% y/y to EU 1.72 billion, narrowly surpassing the estimated EU 1.71 billion.
  • The company reported a negative free cash flow of EU 309 million compared to positive EU 1.54 billion the previous year.
  • Sanofi forecasts business EPS for 2024 to remain relatively stable, excluding the impact of an expected tax increase to 21%.

A look at Sanofi Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience4
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

Sanofi, a pharmaceutical company with a global presence, is expected to maintain a steady performance in the long run, based on Smartkarma Smart Scores. The company scores well in key areas such as Dividend and Resilience, indicating a strong financial position and ability to withstand market challenges. While its Value and Growth scores are moderately positive, suggesting room for improvement in these aspects, Sanofi‘s overall outlook remains stable.

With a solid foundation in prescription pharmaceuticals and vaccines, along with a diverse portfolio including medications for cardiovascular, metabolic disorders, and oncology, Sanofi is positioned to continue serving a wide range of customers globally. Although there is room for growth and enhancing momentum, the company’s focus on resilience and dividends provides a sense of stability for investors evaluating 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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Adyen BV (ADYEN) Earnings Soar with EU438M in 1Q Net Revenue and Strong Growth in Processed Volume

By | Earnings Alerts

• Adyen’s net revenue for the first quarter was EU 438 million.

• The company’s processed volumes hit EU 297.8 billion in this period.

• Adyen added 26 new joiners in the 1Q.

• Growth for this period largely came from existing customers, contributing over 80% to this period’s growth, with less than 1% of the volume churn.

• North America was Adyen’s fastest-growing region during this timeframe.

• The Digital processed volume increased by 51% Year-Over-Year (YOY).

• Moreover, Unified Commerce processed volume experienced a 30% annual growth.

• Platforms processed volume raised by 55% YOY. Showing a marked growth, the Platforms volume excluding eBay, surged by 116% YOY.

• Adyen maintained its financial objectives steady despite the challenging times.

• The company received 26 buy recommendations, 10 holds, and 2 sells from brokers.


A look at Adyen BV Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
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

Adyen BV, a payment solutions provider, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a strong focus on growth, resilience, and momentum, Adyen BV scores high on these key factors. The company’s platform facilitates online, mobile, and point-of-sale payment processing for merchants globally, offering a wide range of payment methods. While its value and dividend scores are not as high, the impressive scores in growth, resilience, and momentum suggest a positive trajectory for Adyen BV in the long run.

Adyen BV‘s Smartkarma Smart Scores reveal a company well-positioned for continued success in the payment solutions industry. Its emphasis on growth, resilience, and momentum, coupled with a global customer base, bodes well for its future performance. As Adyen BV continues to innovate and expand its payment processing capabilities, investors may find the company to be a compelling choice for long-term investment opportunities.


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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Pernod Ricard Sa (RI) Earnings: 3Q Organic Sales Fall Short, Aims for Improvement in 4Q

By | Earnings Alerts
  • Pernod Ricard’s Q3 organic sales showed no growth, missing the estimated rise of 2.82%
  • In the Americas, organic sales decreased by 7%, against the estimated decrease of 3.71%
  • Asia and the Rest of World saw organic sales increasing by 8%, but lower than the estimated 9.23%
  • Europe faced a slump in organic sales by 6%, double the estimated decrease of 2.97%
  • Foreign exchange impact was -5%, worse than the estimated impact of -4.01%
  • Sales in Europe were EU2.35 billion, down by 1.8% from the previous year, and short of the estimated EU2.48 billion
  • Americas saw sales of EU714 million, a drop of 4.5% from the previous year, and below the estimated EU784.9 million
  • Asia and the rest of the world reported sales of EU1.02 billion, a rise of 2% from the previous year, but fell short of the estimated EU1.06 billion
  • European sales were at EU617 million, a decrease of 4.6% from the previous year, and below the estimated EU 628.8 million
  • Nine-month results show an interim dividend per share of EU2.35
  • For the year, the company sees about 1% growth in profit from recurring operations, with an estimated growth of 0.77%
  • Expectations for Q4 net sales are dynamic, showing improvement over 9-month results, and leading to broadly stable FY organic net sales
  • The company expects to continue investing in strategic inventories at a similar level to FY23 and increasing spending on Capex to around €800m
  • Added expectation of negative FX impact partially offset by perimeter effect in FY24
  • Predicts FY free cash flow will reflect lower profit from recurring operations and an increase in strategic investments
  • The company plans to complete around €300m share buyback in FY, with about €150m completed in the first half
  • Company remains confident in a medium-term framework of 4% to 7% top line growth, leaning towards the upper end of the range

A look at Pernod Ricard Sa Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
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

According to Smartkarma’s Smart Scores, Pernod Ricard SA, a company that produces wines and spirits globally, shows a promising long-term outlook. With a Value score of 3, it indicates that the company is considered moderately valued relative to its peers. Additionally, Pernod Ricard scores a 4 in both Dividend and Growth, highlighting strong performance in providing dividends and potential for future growth. The Resilience and Momentum scores are at a decent level of 3, indicating stability and solid market performance.

Overall, Pernod Ricard SA seems well-positioned for the future based on the Smart Scores analysis. With a good balance across key factors such as Dividend, Growth, as well as Resilience and Momentum, the company appears to have a positive trajectory ahead in the competitive wines and spirits 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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Earnings Update: Teck Resources (TECK/B) 1Q Revenue Falls Short of Estimates

By | Earnings Alerts

Teck Resources records a lower than projected Revenue in the first quarter, with a total of C$3.99 billion against the estimated C$4.1 billion.

• Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is also lower than expected, coming in at C$1.69 billion compared to the estimate of C$1.74 billion.

• The market sentiment towards Teck Resources among analysts is primarily positive, with 17 “buy” ratings. However, 1 analyst has given a “hold” rating and 2 have issued “sell” ratings.


A look at Teck Resources Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.4

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

Teck Resources Ltd., an integrated natural resource group, has seen a positive long-term outlook based on their Smartkarma Smart Scores. With a strong emphasis on growth and value, Teck Resources received high scores in these areas, indicating promising future prospects for the company. Their operations in mining zinc, copper, molybdenum, gold, and metallurgical coal across various countries position them well for sustainable growth.

However, the company’s lower scores in dividend and resilience suggest areas that may require attention to further improve their overall performance. Despite these challenges, the momentum score of 4 reflects the company’s current positive trajectory. Overall, with a strategic focus on growth and value, Teck Resources appears to be poised for 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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Swedbank AB (SWEDA) Earnings: 1Q Net Interest Income Misses Estimates Despite Profit Rise

By | Earnings Alerts
  • Swedbank’s net interest income for the first quarter landed at SEK12.60 billion, falling short of the estimate of SEK12.81 billion.
  • The bank achieved a higher-than-predicted net fee & commission income, recording SEK3.98 billion as against the estimated SEK3.8 billion.
  • Total income matched the estimated SEK18.09 billion.
  • Impairments on credit loans were significantly less than expected – SEK144 million compared to an estimate of SEK517.2 million.
  • Total expenses for the period stood at SEK6.19 billion, coming in below the estimated SEK6.24 billion.
  • Swedbank’s profit before impairments, Swedish bank tax, and resolution fees outperformed expectations, totaling SEK11.90 billion against the SEK11.88 billion estimate.
  • The bank’s common equity Tier 1 ratio was 19.3%, slightly below the estimated 19.4%.
  • Gross stage 3 ratio, which measures the quality of a bank’s credit portfolio, increased to 0.52%, going over the 0.43% estimate based on two estimates.
  • Earnings per share (EPS) amounted to SEK7.47, exceeding the SEK7.24 estimation.
  • The financial condition of Swedbank drew mixed appraisals, resulting in 13 buys, 9 holds, and 3 sells.

A look at Swedbank AB Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE4.0

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

Swedbank AB, a financial institution offering a range of services including retail banking, asset management, and more, has received positive Smart Scores across the board. With strong ratings in Dividend and Growth, the company is positioned well for long-term success. Its high Value score indicates solid financial health and attractive investment potential, while the Momentum score suggests a positive trend in the company’s performance.

Despite a lower score in Resilience, Swedbank AB‘s overall outlook appears promising. Investors may find the combination of strong dividends, robust growth prospects, and solid value metrics appealing. With a diverse range of financial services on offer, the company seems well-positioned to navigate market challenges and capitalize on future opportunities.


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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BNP Paribas Earnings Review: 1Q FICC Sales & Trading Revenue Misses Estimates Amid Positive Outlook

By | Earnings Alerts

BNP Paribas 1Q net income came in at EU3.10 billion, down 30% year-on-year, surpassing an estimate of EU2.48 billion

• Revenue grew by 3.7% year-on-year to EU12.48 billion, slightly higher than the estimated EU12.23 billion

• Corporate and Institutional Banking (CIB) revenue amounted to EU4.68 billion, down by 4% year-on-year, beating an estimate of EU4.66 billion

• Global Markets revenue amounted to EU2.44 billion, constituting a year-on-year drop of 12%, and came shy of the estimate of EU2.5 billion

• Fixed Income, Currencies, and Commodities (FICC) sales and trading revenue was reported at EU1.60 billion, 20% lower than last year and below the estimated EU1.74 billion

• Equity and Prime Services revenue rose by 11% from last year to EU830 million, surpassing the estimated EU793.5 million

• Investment and Protection Services revenue edged up by 0.8% year-on-year to EU1.42 billion, slightly below the estimated EU1.45 billion

• The common equity Tier 1 ratio was 13.1%, slightly lower than the estimated 13.2%

• Return on Tangible Equity was reported at +12.4% versus +14.1% year-on-year

• Pre-tax income surged by 84% from last year to EU4.36 billion, significantly higher than the estimated EU3.5 billion

• Provision for loan losses amounted to EU640 million, up by 8.1% from last year, but lower than the estimated EU858 million

• The Cost to Income Ratio was reported at 63.6%, lower than last year’s 76.4% and the estimated 66.2%

• Non-interest expenses dropped by 14% from the previous year to EU7.94 billion, below the estimated EU8.15 billion

BNP Paribas expects FY revenue to be more than 2% higher than 2023 distributable revenue

• The bank anticipates a positive jaws effect for FY

• It also forecasts a FY cost of risk below 40 basis points

• The bank still anticipates FY net income to be higher than 2023 distributable net income

• It also continues to see a 2025 cost of risk below 40 basis points.


A look at BNP Paribas Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience2
Momentum4
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

BNP Paribas, a multinational bank, has received a mix of Smart Scores across different factors. With a strong focus on dividends, the company has been rated the highest score of 5, indicating a favorable outlook for dividend payouts. Additionally, BNP Paribas also scores well in value and growth categories, receiving scores of 4 in both areas, signifying a solid performance in terms of value and growth potential. Momentum is another positive factor for the company, with a score of 4 suggesting a good trend in the company’s market performance.

However, BNP Paribas faces a challenge in the resilience aspect, as it has been rated a score of 2, indicating some vulnerabilities in this area. Despite this, the overall outlook for BNP Paribas appears bright, with strong scores in dividend, value, growth, and momentum, showcasing the company’s potential for long-term success in the banking sector.

Summary: BNP Paribas S.A. is a leading bank offering a wide range of banking services, asset management, and investment advisory services to clients across Europe, the United States, Asia, and Emerging Markets.


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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Tokyo Gas (9531) Earnings: FY Operating Income and Net Sales Forecast Misses Estimates

By | Earnings Alerts

Tokyo Gas‘ operating income forecast for the fiscal year is 113.00 billion yen, lower than the estimated 155.39 billion yen.

• The net income forecast is also less than estimated at 80.00 billion yen instead of 106.41 billion yen.

Tokyo Gas predicts net sales to reach 2.64 trillion yen, short of the predicted 2.78 trillion yen.

• The dividend is considered to be 70.00 yen, which is slightly less than the estimated 71.00 yen.

• As for the fourth-quarter results, the operating income stands at 57.44 billion yen, a significant decrease of 69% year-on-year, yet it surpassed the estimated 23.57 billion yen.

• The net income for the fourth quarter is 54.38 billion yen, falling 52% year-on-year, but still beating the 36.52 billion yen estimate.

• The net sales during the fourth quarter amounted to 761.90 billion yen, showing a 23% decrease compared to the previous year, and fell short of the estimated 885.94 billion yen.

• At this point, there are zero buys, five holds, and zero sells on Tokyo Gas‘ stocks.

• The comparison of predictions and outcomes is based on the values reported by the company in its original disclosures.


A look at Tokyo Gas Smart Scores

FactorScoreMagnitude
Value4
Dividend3
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

Smartkarma’s Smart Scores provide an optimistic long-term outlook for Tokyo Gas. With a strong score of 5 in Growth, the company is expected to experience significant expansion and development in the future. This indicates potential for increased profitability and market presence over time. Additionally, Tokyo Gas received high scores in Value and Momentum, showing that the company is positioned well for potential growth and has positive market momentum supporting its future prospects.

However, Tokyo Gas lags in Resilience with a score of 2, suggesting that the company may face some challenges in terms of withstanding economic downturns or unforeseen events. Despite this, with solid scores in other key areas like Dividend and overall positive outlook in Growth and Momentum, Tokyo Gas appears to be a promising investment option with good 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

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