Category

Smartkarma Newswire

Unpacking Samsung Biologics (207940) Earnings: 1Q Operating Profit Misses Estimates Despite Strong Sales and Net Profit Growth

By | Earnings Alerts
  • Samsung Biologics’ operating profit for the first quarter (1Q) of 2024 stands at 221.30 billion won, marking a 15% increase year-on-year (y/y).
  • The aforementioned figure missed estimated projections, which predicted an operating profit of 226.93 billion won.
  • Net gains for the period totalled 179.36 billion won, up 27% as compared to the previous year, surpassing estimates of 176.64 billion won.
  • Sales revenue for the firm hit 946.90 billion won in 1Q, a notable 31% increase y/y, exceeding the estimate of 929.59 billion won.
  • Regarding ratings, Samsung Biologics has received 26 ‘buy’ ratings, 2 ‘hold’ ratings, and no ‘sell’ ratings from analysts.
  • The above comparisons are based on values reported originally by the company and showcase their performance against past results.

Samsung Biologics on Smartkarma

Analyst coverage of Samsung Biologics on Smartkarma, an independent investment research network, shows positive sentiment towards the company’s recent performance and future outlook. According to Tina Banerjee‘s research reports, Samsung Biologics (207940 KS) reported a stellar performance in 4Q23 with 11% YoY revenue growth, fueled by Plant 4 operations and a strong sales backlog. The company closed 2023 with record-high revenue and operating profit, defying the weakening trend in the global CDMO sector. The outlook remains robust, with expectations of 10-15% annual revenue growth in 2024.

In another report by Tina Banerjee, Samsung Biologics impressed with better-than-expected results in 3Q23, achieving a record-high quarterly revenue of KRW1.03 trillion. With a backlog of $11.8 billion, the company aims for over 20% annual revenue growth in 2023. Samsung Biologics has secured key clients in the biopharmaceutical industry and continues to expand its operations with the upcoming completion of Plant 5 in 2025. The analyst sentiment remains bullish on Samsung Biologics, highlighting the company’s strong performance and growth prospects.


A look at Samsung Biologics Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience4
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

Based on Smartkarma Smart Scores, Samsung Biologics is positioned for strong long-term growth and resilience in the bio-healthcare industry. With a high Growth score of 5, the company is expected to experience significant expansion and development in the coming years. Additionally, Samsung Biologics has solid scores in Resilience and Momentum, indicating its ability to withstand market challenges and maintain positive momentum in its operations.

Although Samsung Biologics receives lower scores in Value and Dividend, its overall outlook remains promising due to its exceptional potential for growth and resilience. As a manufacturer of bio-healthcare products, the company plays a crucial role in developing and distributing biopharmaceuticals, highlighting its importance in the healthcare 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Iberdrola SA (IBE) Earnings Surpass Estimates with Impressive 1Q Pretax Profit

By | Earnings Alerts
  • Iberdrola outperformed expectations with a 1Q Pretax profit of EU3.98 billion, beating an estimate of EU2.24 billion.
  • The company garnered substantial revenue, raking in EU12.68 billion.
  • Iberdrola’s liquidity stands solid at EU22.36 billion.
  • Among analysts, the company holds a promising reputation with 16 buys, 14 holds, and 1 sell.

A look at Iberdrola SA Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience3
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

Based on the Smartkarma Smart Scores, Iberdrola SA is seen to have a positive long-term outlook overall. With a strong emphasis on dividend, scoring 4 out of 5, the company shows potential for providing steady returns to its investors. Additionally, its resilience score of 3 reflects a stable foundation that can weather market fluctuations. The company’s focus on clean energy and wind power aligns well with the current global trend towards sustainable energy solutions, contributing to its growth potential score of 3. While the value and momentum scores stand at 3 each, indicating a neutral stance in terms of valuation and market sentiment, the collective scores suggest a promising future for Iberdrola SA.

As a company that generates, distributes, and trades electricity across various regions, Iberdrola SA is strategically positioned in key markets such as the United Kingdom, United States, Spain, Portugal, and Latin America. Specializing in clean energy, particularly wind power, the company is well-equipped to capitalize on the increasing demand for environmentally friendly energy sources. Taking into account its Smartkarma Smart Scores, Iberdrola SA appears to be on a positive trajectory for the long term, leveraging its strong dividend policy, resilience, and growth prospects in the renewable energy 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Hitachi Construction Machinery (6305) Earnings: FY Adjusted Operating Profit Forecast Misses Estimates; Insights on Revenue and Dividend Rates

By | Earnings Alerts
  • Hitachi Construction’s forecast for its adjusted operating profit is 165 billion yen, missing the estimate of 172.45 billion yen.
  • The company’s net income forecast is 98 billion yen, which is lower than the estimated 102.36 billion yen.
  • Hitachi Construction projects its net sales to reach 1.37 trillion yen, falling short of the estimated 1.42 trillion yen.
  • However, the company’s dividend estimate overreaches the estimated 167.19 yen, coming in at 175 yen.
  • Last year’s adjusted operating profit was 168.03 billion yen, a 23% increase from the previous year, yet not meeting the estimated 173.19 billion yen.
  • Revenue from different regions includes: Japan – 226.88 billion yen (+1.3% y/y), America – 375.25 billion yen (+26% y/y), Europe – 182.89 billion yen (+11% y/y), Russia-CIS, Africa and the Middle East – 128.53 billion yen (+9.8% y/y), Asia and Oceania – 463.15 billion yen (+10% y/y).
  • China’s revenue was 29.24 billion yen, falling short of the estimated 32.78 billion yen.
  • Construction Machinery revenue increased by 11% from the previous year, reaching 1.28 trillion yen.
  • Revenue for Specialized Parts & Service Business was 123.66 billion yen, a 12% increase from the previous year.
  • Overall, there are 8 buys, 6 holds and 0 sells for Hitachi Construction’s stocks.

A look at Hitachi Construction Machinery Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
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

Hitachi Construction Machinery is positioned for a bright future ahead based on the Smartkarma Smart Scores analysis. With an impressive score of 5 in Growth, the company is expected to experience substantial expansion and development in the long term. This indicates a positive outlook for Hitachi Construction Machinery in terms of expanding its market presence and increasing its product range.

Additionally, with a high score of 4 in Dividend and Momentum, Hitachi Construction Machinery showcases strong potential for providing returns to its investors and maintaining a steady growth trajectory. While the Resilience score of 2 suggests some room for improvement in withstanding market challenges, the overall outlook remains optimistic for this global player in the construction machinery 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Hitachi Ltd (6501) Earnings Drive Rally in Japanese Tech Stocks: An Insightful Review

By | Earnings Alerts
  • The Topix Index saw a surge by 1.7% to 2,710.73 during the market close in Tokyo.
  • Nikkei experienced a spike of 2.4% to 38,460.08 around the same time.
  • The most substantial contribution to the Topix’s gain came from Toyota Motor, which climbed 3%.
  • The total number of stocks in the index is 2,146, with 1,485 of these having experienced an increase, while 568 fell and 93 remained unchanged.
  • Daiwa Securities’ Yukino Yamada says the rise in US tech stocks and SAP’s company performance may have encouraged Japanese stocks’ purchase.
  • There is a strong revenue forecast from Texas Instruments following the closing of the US market.
  • The Philadelphia Semiconductor index rose by 2.21% on Tuesday.
  • Renesas, a semiconductor-related Japanese company, will be releasing its first-quarter earnings on Thursday.
  • Nikon became one of the Nikkei 225’s top performers following a disclosed stake by Silchester International Investors.
  • Top performers include Plant Co. (+18%), Nomura Micro Sci (+15%) and Sysoft (+13%).
  • The most significant declines were observed in Ahresty (-17%), Resonac (-8.6%), and Strike Co. (-7.6%).
  • 29 out of the 33 sector indexes on the Tokyo Stock Exchange experienced an increase.
  • The TOPIX Precision Instruments Index outperformed others, whereas the TOPIX Electric Power & Gas Index fell the most.
  • The MSCI AC Asia Pacific Index saw a surge of 1.8%.
  • The Topix index has increased by 15% year-to-date, compared to the MSCI AC Asia Pacific Index, which has risen by 2.4%.
  • The Topix Index members are currently trading at 15.3 times their estimated earnings for the next 12 months.

A look at Hitachi Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.2

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

Hitachi Ltd, a company that manufactures a wide range of products from electronic equipment to industrial machinery, has received a mixed outlook based on the Smartkarma Smart Scores. While the company scores high in momentum and growth, indicating strong performance and potential for expansion, its value and dividend scores are moderate. This suggests that Hitachi may offer growth opportunities but may not be considered a value investment for those seeking steady income.

With a focus on innovation and technology, Hitachi Ltd is positioned for long-term growth and resilience in the market, as reflected in its Smart Scores. The company’s ability to adapt to changing market trends and maintain momentum bodes well for its future performance. However, investors looking for high dividend yields or undervalued assets may find Hitachi’s current scores in those areas less appealing. Overall, Hitachi remains a diverse company with a broad product line and a strong presence in various industries, indicating potential for continued success in the long run.


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


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Lloyds Banking (LLOY) Earnings: 1Q Pretax Profit Surpasses Expectations, Forecasts Promising Net Interest Margin for 2024

By | Earnings Alerts
  • Lloyds Bank’s 1Q statutory pretax profit outperformed estimates, reaching GBP1.63 billion compared to the expected GBP1.54 billion.
  • The underlying profit also surpassed expectations, with a realisation of GBP1.76 billion against a GBP1.63 billion estimate.
  • Although the net interest income fell slightly short of the estimated GBP3.21 billion, it was a close fit at GBP3.18 billion.
  • The net interest margin rose by a notch, clocking in at 2.95% compared to the predicted 2.94%.
  • Return on tangible equity for the bank was a sturdy +13.3% over the designated period.
  • Operating costs were higher than expected at GBP2.40 billion, instead of the projected GBP2.33 billion.
  • The Cost to Income Ratio for the institution was fixed at 57.2%.
  • The bank anticipates a moderate reduction in the notional balance throughout 2024, including the decrease observed in the first quarter.
  • Sterling structural hedge earnings in 2024 are expected to be around Β£0.7 billion higher than in 2023.
  • The bank’s expectations for the banking net interest margin for 2024 is to surpass 290 basis points.
  • Average interest-earning banking assets in 2024 are projected to exceed Β£ 450 billion.
  • Analysts have shown mixed reactions towards the bank’s performance and future prospects, with 11 buys, 6 holds, and 4 sells.

A look at Lloyds Banking Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth5
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

Analysts at Smartkarma have assessed Lloyds Banking using their innovative Smart Scores system to gauge the bank’s long-term potential. With high scores in Value, Dividend, Growth, and Momentum, Lloyds Banking appears to be on a solid footing. The bank’s strong emphasis on growth and attractive dividend offerings could signal positive prospects for investors looking for stable returns.

However, Lloyds Banking‘s lower score in Resilience raises a cautious note. This could indicate some vulnerability to economic downturns or market fluctuations. Despite this, the overall outlook for Lloyds Banking seems promising, with its diverse range of financial services and strategic positioning within the industry.

Summary of the company: Lloyds Banking Group plc, through subsidiaries and associated companies, offers a range of banking and financial services. The Company provides retail banking, mortgages, pensions, asset management, insurance services, corporate banking, and treasury services.


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.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Canon Inc (7751) Earnings: 1Q Operating Income Falls Short of Estimates Amid Projection for Full Year

By | Earnings Alerts

• Canon’s operating income for the first quarter was 80.08 billion yen, which missed the estimated 90.01 billion yen.

• The company’s net income was 59.95 billion yen, lower than the expected 65.53 billion yen.

• Net sales for the first quarter were reported at 988.52 billion yen, falling short of the estimated 1.01 trillion yen.

• Canon is maintaining its year forecast, expecting an operating income of 435.00 billion yen – higher than the estimated 423.87 billion yen.

• It also still foresees a net income of 305.00 billion yen, slightly above the estimate of 300.09 billion yen.

• The company’s year forecast for net sales is still at 4.35 trillion yen, higher than the estimated 4.33 trillion yen.

• Dividend for the year is expected to be 150.00 yen, which is a tad lower than the estimated 151.25 yen.

• In terms of market consensus, Canon has received 4 buy ratings, 9 holds and 1 sell from different analysts.

• These comparisons are calculated based on the values originally disclosed by Canon.


Canon Inc on Smartkarma

Analyst coverage of Canon Inc on Smartkarma reveals insights from Travis Lundy, who recently published a bullish report titled “Canon (7751) – OK 2023 Results, Better Guidance, Bigger, Longer, Slower Buyback“. Lundy’s analysis highlights that Canon’s 2023 results were satisfactory but fell short of expectations at the net profit level. However, the 2024 guidance provided by the company surpasses consensus estimates. A notable development is Canon’s introduction of a long-term buyback program, a departure from its traditional short and sharp buyback strategy.

The report provides valuable information on Canon Inc‘s financial performance and strategic initiatives, shedding light on the company’s unique approach to shareholder returns. By offering a new buyback of Β₯100bn spread over a year, Canon aims to enhance shareholder value despite the buyback amount representing only a small percentage of the average daily volume. Investors can glean important insights from this in-depth research conducted by Travis Lundy on Smartkarma.


A look at Canon Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience3
Momentum5
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

Canon Inc, a renowned professional and consumer imaging solutions company known for its digital imaging technologies, has received favorable Smartkarma Smart Scores across multiple categories. Looking ahead, the company’s outlook appears promising, with high scores in Growth and Momentum indicating potential for expansion and positive market performance. Additionally, a strong score in the Dividend category highlights its commitment to rewarding shareholders, while solid scores in Value and Resilience suggest a stable foundation for long-term success.

With a diverse product portfolio that spans networked multifunction devices, cameras, computer peripherals, and more, Canon Inc is well-positioned to leverage its technological expertise in various sectors. The combination of strong growth potential, solid momentum, and a focus on shareholder returns may bode well for Canon Inc‘s future prospects as it continues to innovate and adapt within the competitive imaging solutions 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Reckitt Benckiser Group (RKT) Earnings Surpass Estimates with Exceptional 1Q Like-for-Like Sales Growth

By | Earnings Alerts

• Reckitt’s like-for-like sales are up by 1.5%, outperforming estimates of a 1.4% decrease.

• Health like-for-like sales increased by 1%, surpassing expectations of a 1.28% decline.

• Hygiene like-for-like sales growth was 7.1%, better than the estimated 4.48%.

• Nutrition like-for-like sales dropped by 9.9%, however, this was not as severe as the predicted 14.5% decrease.

• North America’s like-for-like sales underperformed estimates, falling 5.5% instead of the expected 4% increase.

• Europe/ANZ regions’ like-for-like sales rose 5.4%, greater than the 2.62% estimate.

• Developing markets like-for-like sales demonstrated growth of 5.1%.

• Volume was reported at -0.5%, bettering the -3.17% forecast.

• Price/mix was up by 2%, slightly under the predicted 2.33%.

• Net revenue came in at GBP 3.74 billion, higher than the GBP 3.67 billion estimate.

• Health revenue equaled the GBP 1.54 billion estimate, while hygiene revenue of GBP 1.61 billion beat the GBP 1.59 billion forecast.

• Nutrition revenue was GBP 591 million, above the GBP 556.1 million estimate.

• The company’s year forecast remains steady with like-for-like sales expected to be +2% to +4%, which aligns with the current estimate of +2.07%.

• Reckitt is on track to meet its fiscal year revenue and profit targets, backed up by mid-single-digit growth in its Health and Hygiene portfolios.

• The entity predicts its operating profit to grow faster than its net revenue growth in this fiscal year.


A look at Reckitt Benckiser Group Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience2
Momentum2
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

Reckitt Benckiser Group PLC, a global manufacturer and distributor of household, toiletry, health, and food products, showcases a mixed outlook based on the Smartkarma Smart Scores. While the company scores well in Dividend and Growth categories, indicating a strong focus on rewarding shareholders and potential for expansion, its Value, Resilience, and Momentum scores are relatively lower. This suggests that while the company offers good dividends and growth opportunities, aspects like stock value, resilience in turbulent times, and market momentum may present challenges.

With a product portfolio spanning fabric treatments, disinfectants, dishwashing detergent, personal care items, food products, and over-the-counter drugs, Reckitt Benckiser Group PLC demonstrates diversification in its offerings. This diversification potentially provides stability and growth opportunities in various sectors. However, potential investors may need to carefully assess the company’s valuation, ability to withstand economic fluctuations, and market momentum to make informed investment decisions in the long term.

### Summary of Company Description: Reckitt Benckiser Group PLC manufactures and distributes a wide range of household, toiletry, health, and food products globally, including fabric treatments, disinfectant spray and cleaners, dishwashing detergent, personal care, food, and over-the-counter drugs. ###


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.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Heineken NV (HEIA) Earnings Soar as Q1 Organic Beer Volume Surpass Estimates

By | Earnings Alerts
  • First quarter organic beer volume for Heineken increased by 4.7%, surpassing estimates set at 2.1%.
  • In Europe, organic beer volume rose by 1.6%, defying estimates which predicted a drop of -0.82%.
  • In the Asia Pacific, organic beer volume outpaced estimates at a 9.4% increase, compared with the predicted 4.13% increase.
  • Organic revenue also beat estimates, growing 9.4% compared to estimated growth of 5.94%.
  • Total beer volume reached 55.4 million HL, although this fell slightly short of the estimated 55.85 million HL.
  • Specifically in Europe, beer volume stood at 15.3 million HL, slightly above the estimate of 15.18 million HL.
  • Americas beer volume exceeded estimates, coming in at 21.4 million HL in contrast to the estimated 20.74 million HL.
  • The Asia Pacific managed to surpass its beer volume estimate of 10.71 million HL, rounding up to 11.3 million HL.
  • The outlook for the full year remains unchanged, with operating profit (beia) expected to grow low- to high-single-digit organically.
  • All regions have reported growing volume and net revenue.
  • There has been a steady improvement in business performance, growing in line or ahead of the category in the majority of markets.
  • The Low & No-Alcohol (LONO) portfolio volume grew in the mid-teens, led by the strong growth of Heineken 0.0.
  • Heineken continues to strengthen its global leadership position in the LONO segment.
  • Overall success in this quarter was partly due to an earlier Easter and cycling negative one-off effects from the previous year.
  • Heineken currently holds 17 buys, 6 holds, and 2 sells from investors.

Heineken NV on Smartkarma

Analysts on Smartkarma are closely following Heineken NV, with Jesus Rodriguez Aguilar highlighting insights in his report “Selected European HoldCos and DLC: November’23 Report“. According to Aguilar, discounts to the Net Asset Value (NAV) of covered holdcos such as Heineken Holding have tightened in November. He finds interesting trades, including comparisons between Heineken Holding and Heineken, Porsche SE and listed assets, and Rio DLC. The discounts to NAV of various holdcos have all decreased during the month, with Heineken Holding narrowing its discount to 14.5% from 14.9%.

Aguilar also notes the spread of Rio DLC has tightened to 17.2% from 21%. His analysis suggests potential lucrative holding trades and opportunities within these companies. The report provides valuable insights into the market sentiment surrounding Heineken NV and other European companies, aiding investors in making informed decisions based on the research provided by independent analysts on Smartkarma.


A look at Heineken NV Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
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

Analysts at Smartkarma have assessed the long-term outlook for Heineken NV, the global beverage producer and distributor. According to Smart Scores, which range from 1 to 5, Heineken NV has received consistent scores of 3 across various factors including Value, Dividend, Growth, Resilience, and Momentum. This indicates a moderate overall outlook for the company in the foreseeable future.

Heineken NV, known for its wide range of beverages produced under various brand names, has been evaluated as possessing stable fundamentals across multiple key areas. With balanced scores in Value, Dividend, Growth, Resilience, and Momentum, the company appears to be positioned to maintain its market standing and growth potential over 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Fanuc Corp (6954) Earnings: FY Operating Income Forecast Misses Estimates Amid Notable Quarterly Declines

By | Earnings Alerts
  • Fanuc’s operating income forecast for the financial year is reported to be 121.00 billion yen, falling short of the estimated 160.19 billion yen.
  • The company’s net income is predicted to reach 107.30 billion yen, which is also considerably less than the estimated 143.51 billion yen.
  • Fanuc’s projected net sales are 746.40 billion yen, below the estimated 812.44 billion yen.
  • For the first half of the year, Fanuc forecasted an operating income of 61.00 billion yen and net sales of 364.00 billion yen. The predicted net income is 53.80 billion yen.
  • The company’s fourth quarter results showed an operating income of 34.50 billion yen (a decrease of 22% year on year) which slightly exceeded the estimated 33.73 billion yen.
  • Fanuc’s net income in the fourth quarter was 34.82 billion yen, marking a 15% decrease year on year. However, it crossed the estimated 29.5 billion yen.
  • The fourth quarter net sales dropped by 7.9% year on year to 198.75 billion yen, surpassing the estimate of 187.66 billion yen.
  • Fanuc’s stock currently has 14 buys, 6 holds, and 2 sells.

Fanuc Corp on Smartkarma

Analyst coverage on Smartkarma by Mark Chadwick reveals insights on Fanuc Corp. In the report titled “Fanuc (6954) | Robot Orders Remain Weak,” Q3 net sales and operating income saw a year-on-year decrease. Despite this, full-year guidance was revised higher, leading to a positive stock reaction. However, caution is advised for the Robot Division as Q4 orders experienced a significant decline from the previous year.

Another analysis by Mark Chadwick titled “Fanuc (6954) | Not Out of the Woods Yet” highlights FANUC Group’s Q2 2023 results, showing a decrease in sales and operating income with mixed division performance. Although some positives were noted, such as operating profit exceeding expectations, challenges like declining robot orders and high inventory persist. The stock is deemed to be trading at fair value, but downside risks remain due to macro concerns.


A look at Fanuc Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend3
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

When looking at the long-term outlook for Fanuc Corp, the Smartkarma Smart Scores paint a positive picture. With strong ratings in Growth, Resilience, and Momentum, Fanuc Corp seems to be set on a path for steady advancement and enduring performance in the market. The company’s focus on innovation and adaptability seems to be paying off, positioning it well for future success.

Fanuc Corp‘s diverse product range, including factory automation systems, robots, and CNC equipment, gives it a solid foundation for growth and stability. With a balanced mix of Value, Dividend, Growth, Resilience, and Momentum, Fanuc Corp appears to be a well-rounded player in the industry. Investors may find comfort in the company’s consistent performance across these key metrics, suggesting a promising outlook for Fanuc Corp 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Assessing Bunzl PLC (BNZL) Earnings: 1Q Sales Decline Amid Volume Reduction in US Foodservice – Future Forecast Revealed

By | Earnings Alerts
  • Bunzl’s first quarter sales show a decrease of 2.4% at constant exchange rates.

  • Underlying revenue, which is organic revenue adjusted for trading days, saw a decline of 5.4%.

  • This decline in revenue is primarily due to a volume reduction in the US foodservice redistribution business.

  • The company’s financial year guidance remains the same; it anticipates a modest revenue growth in 2024 at constant FX.

  • Although there is expected slight revenue growth, the underlying revenue is likely to decline slightly.

  • Current market standings illustrate 4 buys, 8 holds, and 6 sells for Bunzl.


A look at Bunzl PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE2.8

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

Based on the Smartkarma Smart Scores for Bunzl PLC, the company’s long-term outlook appears positive. With above-average scores in Growth and Dividend, Bunzl PLC is positioned for continued expansion and potential returns for investors. Additionally, the company shows steady Momentum, indicating a stable performance trend. However, lower scores in Value and Resilience suggest some areas for improvement. Overall, Bunzl PLC‘s focus on providing non-food consumable products to various industries positions it well for future growth.

Bunzl PLC, a distribution group specializing in non-food consumable products, collaborates with suppliers and customers to offer outsourcing solutions in various markets such as grocery, foodservice, cleaning, and safety. The company’s strategic approach to service-oriented distribution contributes to its solid Growth and Momentum scores, reflecting its ability to adapt to market demands. While the company faces challenges in Value and Resilience, Bunzl PLC‘s unique business model sets a strong foundation for sustained 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars