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Smartkarma Newswire

Comcast Corp Class A (CMCSA) Earnings: 2Q Adjusted EPS Surpasses Estimates Despite Revenue Decline

By | Earnings Alerts
  • Adjusted Earnings Per Share (EPS): $1.21, up from $1.13 last year. Beat estimate of $1.12.
  • Domestic Broadband Customers: Decreased by 120,000, compared to a loss of 19,000 last year.
  • Domestic Video Customers: Dropped by 419,000, a 23% increase in the loss year over year.
  • Total Revenue: $29.69 billion, a 2.7% decrease year over year. Below the estimate of $30.04 billion.
  • Connectivity & Platforms Revenue: $20.25 billion, down 0.6% year over year.
  • Content & Experiences Revenue: $10.06 billion, down 7.5% year over year.
  • Studios Revenue: $2.25 billion, a 27% decrease, missing the estimate of $2.51 billion.
  • Media Revenue: $6.32 billion, up 2.1% year over year, but slightly below the estimate of $6.36 billion.
  • Theme Parks Revenue: $1.98 billion, down 11%, missing the estimate of $2.21 billion.
  • Adjusted EBITDA: $10.17 billion, a slight drop of 0.7% year over year, beating the estimate of $10.03 billion.
  • Peacock Revenue: $1.05 billion, a 28% increase, but below the estimate of $1.11 billion.
  • Peacock Paid Subscribers: 33 million, up 38% year over year. Below the estimate of 34.7 million.
  • Peacock Adjusted EBITDA Loss: $348 million, a significant 47% reduction in loss, better than the estimated loss of $475.8 million.
  • Free Cash Flow: $1.34 billion, a sharp decline of 61% year over year.
  • Connectivity & Platforms Capital Expenditures: $1.85 billion, down 13%, better than the estimate of $1.96 billion.
  • Content & Experiences Capital Expenditures: $845 million, up 4.4%, slightly below the estimate of $874.7 million.

Comcast Corp Class A on Smartkarma

Analyst coverage of Comcast Corp Class A on Smartkarma by Baptista Research has been positive. In the report titled “Comcast Corporation: A Story Of Superior Product Innovation & An Improving Market Position! – Major Drivers,” the analysts highlighted the company’s strategic execution in maintaining dominance in a competitive market. Comcast’s resilient capital allocation strategy and strong balance sheet position it favorably to invest aggressively in its diverse growth sectors like Residential Broadband, Wireless, Business Services, Theme Parks, Studios, and Streaming, which collectively contributed over 55% of total revenue in Q1.

Another report from Baptista Research, “Comcast Corporation: Commercial Opportunities with NFL Partnerships and Upcoming Massive Developments in Theme Parks! – Major Drivers,” emphasized the company’s strong financial position showcased in the fourth-quarter conference call. Comcast achieved record revenue, adjusted EBITDA, and EPS, underlining its robust cash flow and solid balance sheet. The report also highlighted gains in connectivity businesses, with notable increases in Xfinity Mobile subscriber lines and domestic wireless revenue, reflecting Comcast’s resilience in a competitive environment.


A look at Comcast Corp Class A Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience2
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

Comcast Corp Class A, a leading media and television broadcasting company, is positioned for a promising long-term outlook as indicated by its Smartkarma Smart Scores. With solid scores of 4 in Dividend and Growth factors, Comcast shows strength in both rewarding investors and potential for future expansion. These scores suggest that the company’s financial health and growth prospects are favorable. Additionally, a Momentum score of 3 hints at a steady performance trajectory.

However, Comcast’s lower scores in Value and Resilience factors, standing at 3 and 2 respectively, indicate some areas that may warrant further attention. While the company may not be deemed undervalued compared to its peers, its resilience in facing economic downturns might need improvement. Overall, Comcast Corporation’s diversified offerings in video streaming, internet services, and cable television, coupled with its strong dividend and growth potential, position it well in the market for long-term success.

Summary: Comcast Corporation provides media and television broadcasting services, offering video streaming, television programming, high-speed internet, cable television, and communication services to a global customer base.


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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Smith (A.O.) (AOS) Earnings: Narrowed FY Adjusted EPS Forecast and Strong Q2 Results

By | Earnings Alerts

A O Smith Corp Financial Highlights

  • FY Adjusted EPS Forecast: Revised to $3.95 to $4.10 (previously $3.90 to $4.15).
  • FY EPS Forecast: Now expected to be $3.95 to $4.10 (previously $3.90 to $4.15).
  • Net Sales: Projected to remain between $3.97 billion and $4.05 billion.
  • Second Quarter Results:
    • EPS: $1.06 (vs. $1.04 y/y), meeting the estimate of $1.06.
    • Net Sales: $1.02 billion, a 6.6% increase y/y, exceeding the estimate of $998.9 million.
    • North America Sales: $790.7 million, up 9.5% y/y, exceeding the estimate of $764.6 million.
    • Rest of World Sales: $244.8 million, a slight 0.2% increase y/y, meeting the estimate of $242.2 million.
    • Adjusted EPS: $1.06, matching the estimate of $1.06.
  • Company Outlook:
    • A O Smith reaffirms its 2024 sales projection, expecting a 3% to 5% increase y/y.
    • The company narrows its full-year EPS guidance to a range of $3.95 to $4.10, representing a 6% y/y increase at the mid-point.
  • Analyst Recommendations:
    • 3 Buys
    • 8 Holds
    • 2 Sells

A look at Smith (A.O.) Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
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

Looking at the Smartkarma Smart Scores for A.O. Smith, the company seems to have a promising long-term outlook. With a Growth score of 4 and a Resilience score of 4, A.O. Smith is positioned well for future expansion and stability in the face of uncertainties. These scores suggest that the company is likely to experience solid growth and manage potential risks effectively.

Additionally, the company has received a Dividend score of 3, indicating a moderate level of dividend attractiveness, and a Momentum score of 3. While not the highest, these scores still contribute positively to A.O. Smith’s overall outlook. Overall, A.O. Smith Corporation, a manufacturer of water heating equipment and water treatment products with a global distribution network, appears to have a favorable outlook, particularly in terms of growth potential 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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Pentair Plc (PNR) Earnings: Q2 Net Sales and EPS Beat Estimates, Future Guidance Revised

By | Earnings Alerts
  • Net sales for Pentair in Q2 2024 reached $1.10 billion, matching the estimate of $1.09 billion.
  • Industrial & Flow Technologies net sales were $396.8 million, falling short of the $411.2 million estimate.
  • Core net sales increased by 2.2%, surpassing the estimated rise of 1.41%.
  • Core net sales in Industrial & Flow Technologies decreased by 3.1%, against an estimated increase of 0.3%.
  • Adjusted EPS was $1.22, exceeding the estimate of $1.14.
  • Pentair provided third quarter 2024 GAAP EPS guidance from continuing operations of approximately $0.99 to $1.01, and an adjusted EPS estimate of roughly $1.06 to $1.08.
  • The updated 2024 GAAP EPS estimate from continuing operations is approximately $3.81, and the adjusted EPS estimate is roughly $4.25.
  • Full year 2024 sales are expected to be flat or down by 1 percent on a reported basis.
  • The President and CEO of Pentair, John L. Stauch, highlighted strong performance in Q2 due to effective execution across their water portfolio.
  • Despite global economic uncertainties, the company anticipates better-than-expected margin expansion for the second half of 2024.
  • The pool segment has returned to sales growth, and all three segments experienced significant margin expansion driven by strong productivity in their Transformation efforts.
  • Analyst recommendations include 11 buys and 9 holds, with no sell ratings.

A look at Pentair Plc Smart Scores

FactorScoreMagnitude
Value2
Dividend2
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

According to Smartkarma Smart Scores, Pentair Plc is viewed favorably for its long-term outlook. With a solid Growth score of 4, the company is expected to expand and develop, indicating potential for future profitability. Additionally, its Momentum score of 3 suggests Pentair is gaining traction in the market, which could lead to sustained positive performance. While Value, Dividend, and Resilience scores are moderate, the company’s strong Growth and Momentum ratings position it well for future success.

Pentair PLC, a company that specializes in providing services and solutions related to water and other fluids, thermal management, and equipment protection, operates globally through its three main segments. These segments include Water & Fluid Solutions, Valves & Controls, and Technical Solutions. Given its diverse product offerings and worldwide presence, Pentair is poised to capitalize on growth opportunities in various markets, as indicated by its favorable Growth and Momentum scores.


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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Coca Cola Co (KO) Earnings: 2Q Price/Mix Surpasses Estimates with Notable Adjusted Organic Revenue Growth

By | Earnings Alerts
  • Price/mix beat estimates: Coca-Cola’s price/mix increased by 9%, surpassing the estimated 7.99%.
  • Concentrate sales surge: Concentrate sales rose by 6%, well above the expected 1.91%.
  • Strong organic revenue growth: Adjusted organic revenue jumped by 15%, beating the 9.37% estimate.
  • Analyst ratings: There are 22 buy ratings, 6 hold ratings, and 1 sell rating for Coca-Cola.

Coca Cola Co on Smartkarma

Analyst coverage of Coca Cola Co on Smartkarma has provided valuable insights into the company’s performance. Baptista Research, led by James Quincey, Chairman and CEO of Coca-Cola, published a report titled “The Coca-Cola Company: What Is The Impact Of Changing North American Market Dynamics? – Major Drivers“. The report highlighted Coca-Cola’s positive results amid global challenges, attributing their success to an “all-weather strategy”. Quincey emphasized the company’s agile and efficient global organization, showcasing an 8% growth in comparable earnings per share despite a 7% currency impact.


A look at Coca Cola Co Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
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

Based on the Smartkarma Smart Scores, Coca Cola Co has a strong long-term outlook in various aspects. The company scores well in Growth and Momentum, indicating positive prospects for future expansion and market performance. With a solid score in Dividend, Coca Cola Co also presents itself as a reliable option for investors seeking income generation. Although Value and Resilience scores are not as high, the overall outlook for the company remains positive.

The Coca-Cola Company, a renowned manufacturer and distributor of soft drink concentrates and syrups, along with juice and juice-drink products, continues to position itself effectively in both domestic and international markets. With a focus on growth and momentum, coupled with a commitment to dividend payments, Coca Cola Co appears to be on a trajectory for further success 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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Genuine Parts Co (GPC) Earnings: FY Adjusted EPS Forecast Cut, Misses Estimates

By | Earnings Alerts
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  • Adjustments to EPS Forecast:
    • New adjusted EPS for FY 2024: $9.30 to $9.50 (previous estimate: $9.80 to $9.95).
    • Current market estimate for adjusted EPS: $9.86.
  • Standard EPS Revisions:
    • New EPS for FY 2024: $8.55 to $8.75 (previous estimate: $9.05 to $9.20).
  • Sales Forecast:
    • Expected sales growth: 1% to 3%.
  • Cash Flow Projections Remain Unchanged:
    • Free cash flow: $800 million to $1.0 billion.
    • Cash from operating activities: $1.3 billion to $1.5 billion.
  • Second Quarter Highlights:
    • Comparable sales: -0.9%.
    • Net sales: $5.96 billion, a 0.8% increase year over year (estimate: $6.04 billion).
    • Industrial Parts Group profit margin: 12.4% (previous year: 12.3%, estimate: 12.9%).
    • Adjusted EPS: $2.44, same as last year (estimate: $2.59).
  • Company’s Statement:
    • Full-year 2024 guidance revised from April 18, 2024.
    • “Despite a challenging macro-environment, our teams are operating well and remain focused on executing our long-term strategic initiatives.”
    • “Our quarterly results reflect softer than expected market conditions, which are tempering demand particularly in our Industrial and U.S. and European Automotive businesses.”
  • Analyst Ratings:
    • 5 buys, 9 holds, 0 sells.

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Genuine Parts Co on Smartkarma

Analysts at Baptista Research on Smartkarma are optimistic about the outlook for Genuine Parts Company based on their recent research reports. In their analysis titled Genuine Parts Company: Strategic Acquisitions and Store Ownership in U.S. Automotive Sector As A Key Growth Lever! – Major Drivers,” the company’s first quarter 2024 earnings showed progress despite some headwinds across its business segments. Genuine Parts reported total sales of $5.8 billion, slightly up from the previous year, indicating a positive start to the year.

In another report by Baptista Research, Genuine Parts Company: These Are The 6 Fundamental Factors Influencing Their Performance In 2024 & Beyond! – Financial Forecasts,” analysts highlighted the company’s cautious outlook for the future. Despite this caution, Genuine Parts Company’s performance in the first quarter showcased resilience, driven by its business mix and geographical diversity, particularly strong sales in Europe and Australasia.


A look at Genuine Parts Co Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
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 the Smartkarma Smart Scores, Genuine Parts Co seems to have a positive long-term outlook. With a strong growth score of 5, the company is expected to expand and increase its market presence over time. Additionally, a dividend score of 3 indicates that Genuine Parts Co is likely to provide regular income to investors through dividends. This combination of growth and dividend scores suggests a promising investment opportunity.

However, the company’s value and resilience scores are lower at 2, suggesting that Genuine Parts Co may not be currently undervalued and could face some challenges in terms of resilience against economic downturns. With a momentum score of 3, the company’s performance may be steady but not necessarily rapidly increasing. Overall, Genuine Parts Co‘s diverse distribution of automotive and industrial replacement parts, office products, and electrical materials positions it well for growth, despite some potential value and resilience concerns.

### Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials. The Company conducts business throughout most of the United States, in Canada, and in Mexico. ###


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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Quest Diagnostics (DGX) Earnings: FY Net Revenue Forecast Boosted, Q2 Estimates Surpassed

By | Earnings Alerts
  • Revenue Forecast Increase: Quest Diagnostics raised its full-year net revenue forecast to a range of $9.50 billion to $9.58 billion, up from a previous range of $9.40 billion to $9.48 billion.
  • Adjusted EPS Projection: The company now sees adjusted EPS for the year between $8.80 and $9.00, revised from an earlier range of $8.72 to $8.97.
  • Revenue Growth Outlook: Expected revenue growth for the year is now projected at 2.7% to 3.5%, up from a previous projection of 1.6% to 2.5%.
  • Q2 Results Beat Estimates: In the second quarter, Quest Diagnostics reported:
    • Adjusted EPS of $2.35, beating the estimate of $2.32
    • EPS of $2.03
    • Net revenue of $2.40 billion, above the estimate of $2.39 billion
    • Adjusted operating profit of $398 million, surpassing the estimate of $394.2 million
    • Adjusted operating margin at 16.6%, slightly below the estimate of 17%
    • Capital expenditure at $92 million, under the estimated $111.5 million
    • Diagnostic Information Services revenue of $2.33 billion, higher than the estimate of $2.31 billion
  • CEO Comments: Jim Davis, Chairman, CEO, and President, noted the strong performance, attributing it to:
    • Nearly 4% growth in base business revenue
    • Total revenue growth of 2.5%
    • Improved productivity and profitability in the base business
    • Growth from new physician and hospital customers
    • A favorable test mix with increased adoption of advanced diagnostics
    • Continued strength in healthcare utilization
  • Analyst Ratings: The company has been rated with 7 buys, 11 holds, and 0 sells.

Quest Diagnostics on Smartkarma

Quest Diagnostics is receiving positive analyst coverage on Smartkarma, an independent investment research network. Baptista Research published reports with a bullish sentiment on the company’s performance. In the report titled “Quest Diagnostics: Strengthening Revenue Growth Across Core Services! – Major Drivers,” it highlights the company’s nearly 6% base business revenue growth in Q1, sustained commercial focus on physicians and hospitals, investment in automation and AI, and a reevaluation of the full-year guidance. The growth in Q1 was attributed to the company’s strong focus on physicians, hospitals, and health plan access, driving new customer growth.

Another report by Baptista Research, “Quest Diagnostics: Continued Investment in New Technologies and Automated Solutions! – Major Drivers,” emphasizes the company’s strategy for top-line growth and profitability. In the fourth quarter and full year 2023 earnings call, Quest Diagnostics delivered 7% revenue growth in its base business while shifting away from COVID-19 testing. The analysis includes an evaluation of factors influencing the company’s future stock price and an independent valuation using the Discounted Cash Flow (DCF) methodology.


A look at Quest Diagnostics Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.0

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

Quest Diagnostics Incorporated, a company that provides diagnostic testing, information, and services through a national network of laboratories and patient service centers, has a mixed outlook based on the Smartkarma Smart Scores. While the company scores moderately in Value, Dividend, and Growth factors with a score of 3 for each, it falls slightly behind in Resilience with a score of 2. However, Quest Diagnostics excels in Momentum with a strong score of 4, indicating positive market momentum and investor sentiment.

Looking ahead, Quest Diagnostics may benefit from its consistent performance in value, dividend payments, and growth initiatives. The company’s strong momentum score suggests potential for continued market interest and upward stock price movement. However, its lower resilience score implies some vulnerability to external challenges. Overall, Quest Diagnostics‘ long-term outlook appears promising, especially considering its solid positioning in the diagnostic testing 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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Avery Dennison (AVY) Earnings: 2Q Net Sales Beat Estimates, Adjusted EPS Surges to $2.42

By | Earnings Alerts
  • Net sales for Avery Dennison in Q2 reached $2.24 billion, a 6.9% increase year-over-year. The estimated net sales were $2.19 billion.
  • Adjusted earnings per share (EPS) for the quarter were $2.42, up from $1.92 year-over-year. The estimated EPS was $2.28.
  • Avery Dennison excluded an estimated $0.55 per share impact from restructuring charges and other items in their adjusted EPS calculations.
  • The company raised its 2024 guidance for adjusted EPS from a range of $9.00 to $9.50, to a new range of $9.30 to $9.50.
  • The revised guidance range for reported EPS in 2024 is now $8.75 to $8.95, up from the previous range of $8.60 to $9.10.
  • Deon Stander, president and CEO, noted the strong second quarter performance with significant earnings growth driven by higher volume and productivity gains.
  • Analyst ratings for Avery Dennison include 9 buys, 2 holds, and 2 sells.

A look at Avery Dennison Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
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

According to Smartkarma Smart Scores, Avery Dennison shows a promising long-term outlook based on its overall ratings. The company scores moderately across different factors, with a Value score of 2, Dividend and Growth scores of 3 each, Resilience score of 2, and Momentum score of 3. This indicates that Avery Dennison has decent potential for growth and stability in the future, supported by its positive momentum in the market.

Avery Dennison Corporation, known for producing pressure-sensitive materials and various labeling products, appears well-positioned for continued success. With a diverse product line that caters to labeling, decorating, and specialty applications, the company also offers non-pressure sensitive items like RFID inlays and services targeted at retailers, apparel manufacturers, and brand owners. Overall, Avery Dennison‘s Smart Scores suggest a favourable outlook for the company in the coming years.


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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Kimberly Clark (KMB) Earnings: 2Q Adjusted EPS Surpasses Estimates, Net Sales Slightly Lower

By | Earnings Alerts
  • Adjusted EPS: $1.96, beating the estimate of $1.69
  • Net Sales: $5.03 billion, a 2% decrease year-over-year, below the estimate of $5.09 billion
  • Personal Care Net Sales: $2.69 billion, a 0.3% increase year-over-year, slightly below the estimate of $2.7 billion
  • Consumer Tissue Net Sales: $1.49 billion, a 4.1% decrease year-over-year, just below the estimate of $1.5 billion
  • K-C Professional Net Sales: $841 million, a 5.2% decrease year-over-year, below the estimate of $856.7 million
  • Corporate & Other Net Sales: $10 million, a 23% decrease year-over-year, lower than the estimate of $12.7 million
  • Organic Sales Growth: 4%, just short of the 5.11% estimate
  • Personal Care Organic Sales Growth: 8%, slightly under the 8.64% estimate
  • Consumer Tissue Organic Sales: down by 2%, missing the estimated growth of 1.48%
  • Net Sales Volume Change: increased by 1%, beating the estimate of 0.82%
  • Personal Care Net Sales Volume: increased by 3%, exceeding the estimate of 1.68%
  • 2024 Outlook: Organic net sales expected to grow at mid-single digits
  • Negative Impacts: Currency translation expected to negatively impact reported net sales by 400 basis points and divestitures by 120 basis points
  • 2024 Adjusted EPS Growth: now expected to grow at a mid-to-high teens percentage rate on a constant-currency basis, up from previous low-teens growth expectations
  • Currency Translation Impact: Reported operating profit and reported earnings per share expected to be negatively impacted by approximately 700 basis points

Kimberly Clark on Smartkarma

Analyst coverage of Kimberly Clark on Smartkarma by Baptista Research highlights the company’s performance and strategic moves. In the report titled “Kimberly-Clark Corporation: What Is Their New Operating Model And Will It Impact The Bottom-Line? – Major Drivers,” an optimistic outlook is presented for the company’s first quarter in 2024. Kimberly-Clark’s strategy of elevating categories with innovative products and expanding markets is driving positive results, with improvements in volume and a confident outlook on business momentum.

In another report by Baptista Research titled “Kimberly-Clark Corporation: Optimized Pricing and Volume Mix Strategy Could Be a Game Changer? – Major Drivers,” the focus is on the company’s growth trajectory amidst challenges. The strategy of elevating categories and expanding markets has shown promising outcomes, despite facing supply constraints that impacted market share. These reports provide valuable insights into Kimberly Clark‘s recent performances and strategic direction for future growth.


A look at Kimberly Clark 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

Kimberly-Clark Corporation, a global health and hygiene company known for manufacturing consumer products like diapers, tissues, and paper towels, has received favorable Smart Scores in several key areas. With a solid Dividend score of 4 and a Momentum score of 4, the company appears to be in a good position to generate returns for investors and sustain its growth in the long run. While Value and Resilience scores are at 2, indicating room for improvement in these areas, Kimberly-Clark’s Growth score of 3 points towards potential for expanding its market presence.

Overall, Kimberly-Clark’s outlook based on the Smart Scores suggests a promising future, especially in terms of dividends and momentum. The company’s established global presence and diverse product line could contribute to its long-term success in meeting consumer demands and maintaining investor confidence. With a focus on enhancing its value and resilience factors, Kimberly-Clark may further solidify its position as a key player in the consumer products 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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PulteGroup Inc (PHM) Earnings: 2Q Revenue Beats Estimates, Strong EPS Growth

By | Earnings Alerts
  • PulteGroup’s revenue for the second quarter reached $4.60 billion, a 9.8% increase year-over-year, surpassing the estimate of $4.51 billion.
  • Earnings per share (EPS) stood at $3.83, up from $3.21 year-over-year.
  • The number of homes closed was 8,097, a 7.7% increase year-over-year, beating the estimate of 8,043.
  • Net new orders were 7,649, representing a decline of 3.7% year-over-year and falling short of the estimate of 8,392.
  • Pretax profit was $1.05 billion, a 10% increase year-over-year, exceeding the estimate of $914.7 million.
  • Analysts show confidence with 12 buy ratings, 5 hold ratings, and no sell ratings on the stock.

A look at Pultegroup Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience3
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

PulteGroup Inc. is positioned for solid long-term growth as indicated by its strong Smart Scores across various key factors. With a Growth score of 4 and Momentum score of 4, the company demonstrates promising indications for future expansion and market performance. PulteGroup’s operations in various markets across the United States and Puerto Rico provide a diversified base for sustained growth.

While the company’s Dividend score is at a moderate 2, its Value and Resilience scores both stand at a respectable 3. This suggests that PulteGroup Inc. may offer good value for investors with a strong potential for weathering market challenges. Overall, the Smart Scores point to a positive outlook for PulteGroup Inc., highlighting its growth potential and ability to adapt to market conditions 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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General Motors (GM) Earnings: FY Adjusted EPS Forecast Boosted to $9.50-$10.50

By | Earnings Alerts
  • FY Adjusted EPS Forecast: General Motors projects an adjusted EPS of $9.50 to $10.50, up from the previous forecast of $9.00 to $10.00.
  • Adjusted Auto Free Cash Flow: Expected between $9.5 billion to $11.5 billion, an increase from the earlier range of $8.5 billion to $10.5 billion.
  • Adjusted EBIT: Forecasted to be between $13 billion and $15 billion, higher than the previous $12.5 billion to $14.5 billion forecast.
  • Net Income: Estimated to be between $10 billion to $11.4 billion, slightly adjusted from $10.1 billion to $11.5 billion.
  • Automotive Net Cash From Operations: Expected to range from $19.2 billion to $22.2 billion.
  • Second Quarter Results:
    • Adjusted EPS: $3.06, up from $1.91 year-over-year, surpassing the estimate of $2.71.
    • Net Sales & Revenue: $47.97 billion, a 7.2% increase year-over-year, beating the $45.62 billion estimate.
    • Cruise Net Sales & Revenue: $25 million, a 3.8% decrease year-over-year, slightly above the $24.8 million estimate.
    • Automotive Net Sales & Revenue: $44.06 billion, up 6.8% year-over-year, exceeding the $41.7 billion estimate.
    • GM Financial Net Sales & Revenue: $3.92 billion, a 12% increase year-over-year, surpassing the $3.75 billion estimate.
    • North America Adjusted EBIT: $4.43 billion, a 39% rise year-over-year, beating the $3.82 billion estimate.
    • International Operations Adjusted EBIT: $50 million, a 79% decrease year-over-year, below the $135.7 million estimate.
    • GM Financial Adjusted EBT: $822 million, a 7.3% increase year-over-year, above the $686.8 million estimate.
    • Adjusted Automotive Free Cash Flow: $5.30 billion, a 4.5% decrease year-over-year.
    • GMNA Vehicle Sales: 903,000 units, an 8.4% increase year-over-year, surpassing the estimate of 840,008 units.
    • GMI Vehicle Sales: 140,000 units, a 4.8% decrease year-over-year, below the estimate of 149,074 units.
    • Adjusted EBIT: $4.44 billion, exceeding the estimate of $3.91 billion.
    • Total Vehicle Sales: 1.04 million units.

General Motors on Smartkarma

Analysts at Baptista Research on Smartkarma have provided in-depth insights on General Motors Company. In one report titled, “General Motors Company: Resilience in Supply Chain & Commitment to China Yielding Positive Results? – Major Drivers,” they highlighted the company’s solid first-quarter 2024 earnings, showcasing a consistent growth trend driven by a focus on profitability and disciplined capital allocation. General Motors‘ revenue increased by 8% year over year to $43 billion, with a strategic go-to-market approach prioritizing profitability and margins.

In another report, “General Motors: Will The EV Battery and Autonomy Growth Opportunities Help Prevent Market Share Losses? – Major Drivers,” Baptista Research discussed how GM’s latest earnings revealed both positive and negative aspects. Despite challenges, GM sold more vehicles in the U.S. in 2023 than any other company, leading to a gain in market share supported by stable pricing and incentives below the industry average. The analysts delved into the potential impact of EV battery and autonomy growth opportunities on GM’s future market position.


A look at General Motors Smart Scores

FactorScoreMagnitude
Value5
Dividend2
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.4

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

General Motors Co., a global leader in the automotive industry, is positioned favorably for long-term growth based on its Smartkarma Smart Scores assessment. With a top score of 5 in the Value category, General Motors is considered undervalued relative to its industry peers, indicating strong potential for future appreciation in stock value. Additionally, the company’s high Growth and Momentum scores of 4 signify robust potential for expansion and positive market sentiment. These factors combined showcase General Motors as a promising investment opportunity for those seeking companies with solid growth prospects.

However, it’s notable that General Motors scored lower in Dividend and Resilience categories, with scores of 2, suggesting a slightly weaker performance in dividend payments and resilience to economic downturns. Investors should weigh these factors alongside the company’s strengths when considering their long-term investment strategy. Overall, General Motors‘ strong value proposition, growth potential, and market momentum position it as a compelling choice for investors looking to capitalize on the automotive sector’s 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

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