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Smartkarma Newswire

Eni SpA (ENI) Meets First Quarter Estimates: Forecasts Over €14b Earnings for the Fiscal Year

By | Earnings Alerts
  • Eni’s adjusted net income for the first quarter is EU1.58 billion, aligning with the estimated EU1.57 billion.
  • There was a decline of -46% in the adjusted net income compared to the previous year.
  • The adjusted operating profit for Exploration & Production is EU3.32 billion, exceeding the estimated figure of EU2.42 billion.
  • Global Gas & LNG Portfolio has an adjusted operating profit of EU325 million, which is above the estimated EU298.1 million.
  • Enilive, Refining, and Chemicals have an adjusted operating profit of EU420 million, substantially higher than the earlier estimate of EU134.6 million.
  • The net income of the company is EU1.21 billion, a significant reduction of -49% from the previous year.
  • Net cash from operations is at EU1.90 billion, dropping by -36% and falling short of the EU3.26 billion estimation.
  • The production rate stood at 1.74 million boe/day, slightly above the estimated 1.69 million.
  • Liquids were produced at a rate of 797,000 barrels/day, surpassing the 789,647 barrels/day estimate.
  • Natural gas production was 4.94 billion cubic feet/day, above the estimated 4.84 billion.
  • The average realized price per barrel for liquids was $74.53, slightly lower than the estimated $75.95.
  • The average realized price per thousand cubic feet for natural gas was $7.04, noticeably higher than the $5.94 estimate.
  • Standard Eni refining margin per barrel was $8.70, marginally lower than the estimated $8.91.
  • The 1Q Proforma Adjusted Ebit stands at EU4.1B.
  • Eni forecasts an adjusted operating profit exceeding EU14 billion, surpassing the estimate of EU11.74 billion.
  • Predicted Global Gas & LNG Portfolio adjusted operating profit is EU800 million, lower than the estimated EU1.12 billion.
  • It is expected that production will range between 1.69 million to 1.71 million boe/day, skirting around the 1.70 million estimate.
  • Projected capital expenditure is about EU9 billion.
  • The share buy-back is now expected to be at €1.6B.
  • Eni’s proforma adjusted EBIT and CFFO before working capital for the full year are both anticipated to be over €14 bln.
  • Enilive and Plenitude are both expected to have a proforma adjusted Ebitda of €1b for each business for the full year.

A look at Eni SpA Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
Momentum3
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

Eni SpA, a company engaged in exploring and producing hydrocarbons across various regions, has received notable Smart Scores indicating a positive long-term outlook. With high scores in Dividend and Value, Eni demonstrates strong financial performance and a commitment to rewarding its investors. Moreover, its Growth score suggests promising prospects for future expansion and development. While the company scores slightly lower in Resilience and Momentum, its overall outlook remains positive, positioning Eni as a reliable investment option in the energy sector.

Eni SpA‘s diverse operations span from exploration and production of hydrocarbons to electricity generation and refining. With a strategic presence in multiple key regions, including Italy, Africa, and the Gulf of Mexico, Eni has established itself as a significant player in the energy industry. The combination of solid financial fundamentals, strong dividend payouts, and a focus on growth initiatives underscores Eni’s position as a resilient and forward-thinking company poised for long-term success in the evolving energy 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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DSV A/S (DSV) Earnings Report: 1Q Adjusted Net Income Misses Estimates Despite Strong Market Gains

By | Earnings Alerts
  • DSV’s adjusted net income for Q1 falls short of estimates: the numbers were at DKK2.46 billion, compared to the estimated DKK2.69 billion.
  • Ebit before significant items is also under the estimate: it’s at DKK3.64 billion while the estimated number was DKK3.77 billion.
  • The company’s revenue surpasses estimates: the reality is DKK38.34 billion, better than the estimated DKK38.03 billion.
  • The gross profit meets the expectation: both are at DKK10.27 billion.
  • Jens H. Lund, the Group CEO, is satisfied with the financial results: he highlights DSV’s strong financial performance in a normalising market in Q1 and appreciates gaining market shares in all three divisions.
  • The company has favorable ratings: it has received 20 buys, 4 holds, and 0 sells.

A look at DSV A/S Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
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

DSV A/S, the parent company for a group of transport and logistics companies, has a promising long-term outlook based on the Smartkarma Smart Scores. With a high growth score of 5, DSV is positioned well for future expansion and development within the industry. This indicates a strong potential for the company to increase its market share and profitability over time, making it an attractive investment option.

The overall outlook for DSV A/S is also supported by its respectable scores in value, resilience, and momentum, with scores of 3 each. While the dividend score is lower at 2, the company’s strengths in growth, resilience, and momentum suggest a solid foundation for long-term success and stability in the transport and logistics sector. DSV’s presence in Europe, North America, and the Far East further enhances its growth prospects and market reach.

### DSV A/S is the parent company for a group of companies that offer transport and logistics. The Group provides truck, ship, and plane transport services, as well as warehousing and logistic services. DSV operates in Europe, North America, and the Far East. ###


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

By | Earnings Alerts
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  • Lifco’s first quarter net sales have fallen short of estimates, coming in at SEK6.01 billion compared to the estimated SEK6.14 billion.
  • The firm reports Ebita at SEK1.28 billion.
  • Adjusted Ebita is also reported at SEK1.28 billion.
  • Net income stands at SEK701 million.
  • The stock’s current ranking includes 2 buys, 1 hold, and 2 sells.

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A look at Lifco Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.0

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

Based on the Smartkarma Smart Scores, Lifco’s long-term outlook appears to be positive. With strong scores in Growth and Momentum, the company seems well-positioned for future expansion and performance. Lifco’s focus on resilience also bodes well for its ability to weather economic fluctuations. While Value and Dividend scores are not as high, the overall combination of factors indicates a company with potential for sustained growth and stability.

Lifco AB, a holding company, operates in various sectors, including dental products, machinery, sawmill equipment, manufacturing, vehicle interiors, and environmental technology through its subsidiaries. The company’s global presence allows it to reach a wide market and diversify its offerings. By leveraging its strengths in growth, resilience, and momentum, Lifco is poised to continue its path of 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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Kone OYJ (KNEBV) Earnings: 1Q Orders Meet Estimates with Steady Growth in Net Sales and Pretax Profit

By | Earnings Alerts
  • Kone’s 1Q Orders met the estimates with a total amount of EU2.24 billion, close to the estimate of EU2.25 billion.
  • Net sales exceeded expectations by reaching EU2.57 billion, slightly above the estimated EU2.56 billion.
  • There was a positive sales growth at constant exchange rates of +2.7%, higher than the projected +2.46%.
  • Earnings before interest and taxes (Ebit) hit EU262.4 million, surpassing the estimated EU259.1 million.
  • The Ebit margin was 10.2%, slightly below the estimated 10.4%.
  • After adjusting for certain factors, the Ebit was EU262.4 million, in line with the estimate.
  • The adjusted Ebit margin stood at 10.2%, exactly as predicted.
  • Pretax profit exceeded estimates, coming in at EU265.7 million as opposed to the estimated EU259.4 million.
  • In terms of stock recommendations: there are 14 buys, 11 holds, and 4 sells for Kone stock.

A look at Kone OYJ Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience5
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

Kone Oyj, a company specializing in elevator and escalator solutions, is positioned for a promising long-term future according to Smartkarma’s Smart Scores. With a strong emphasis on resilience, Kone Oyj has been awarded a top score of 5 in this aspect, indicating its ability to weather challenges and uncertainties. This suggests that Kone Oyj is well-prepared to handle various market conditions and maintain stability in its operations over the long term.

Furthermore, Kone Oyj also shines in the dividend category with a score of 4, highlighting its commitment to providing attractive returns to its shareholders. While the company’s value and growth scores are modest at 2 and 3 respectively, Kone Oyj’s overall outlook appears positive, especially with its dividend and resilience strengths. This indicates that Kone Oyj may be a reliable choice for investors seeking steady returns and a strong foundation in the elevator and escalator 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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Orange SA (ORA) Earnings: 1Q Revenue Misses Estimates Despite Slight Rise in France and Africa & Middle East Revenue

By | Earnings Alerts
  • Orange 1Q Revenue has missed estimates, with a reported revenue of EU9.85 billion against the estimated EU10.03 billion.
  • In terms of geography, France has seen a 0.7% y/y increase in revenue, reaching EU4.34 billion. This exceeds the estimated EU4.3 billion.
  • Revenue for Africa & Middle East has seen a significant increase of 8.8% y/y to reach EU1.85 billion, surpassing the estimated EU1.8 billion.
  • Enterprise revenue has experienced a slight dip of -0.6% y/y, totaling EU1.94 billion, which falls slightly below the estimated EU1.97 billion.
  • Totem revenue remains unchanged y/y, at EU174 million. This falls short of the estimated EU180.2 million.
  • International carriers and shared services witnessed a decrease of 5.6% y/y in their revenue, amounting to EU334 million. This is considerably lesser than the estimate of EU348.8 million.
  • Earnings before interest, tax, depreciation, and amortization (EBITDA) after leases fell to EU2.41 billion, lower than the estimated EU2.46 billion.
  • The Capex for telecom activities was reported to be EU1.38 billion, which is below the two separate estimates of EU1.48 billion.
  • Notwithstanding these shortfalls, the company confirmed their target for low single-digit growth in EBITDAaL by 2024 and expect to generate at minimum of 3.3 billion euros organic cash flow from telecom activities.
  • The dividend payable in 2025 is proposed to increase to 0.75 euros/share, with an interim dividend of 0.30 euros scheduled for December 2024.
  • European revenue, excluding Spain, for the 1Q came in at €1,727 million, down from €1,762 million y/y.

A look at Orange SA 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

Orange SA, a company providing telecommunications services to a wide range of customers, demonstrates a promising long-term outlook according to the Smartkarma Smart Scores. With a strong emphasis on both Value and Dividend, scoring high in these areas suggests a financially stable and rewarding investment opportunity. Additionally, scoring high in Growth and Momentum indicates a positive trajectory for the company’s development and market performance. However, the lower Resilience score may signal some vulnerability to potential challenges in the future.

Orange SA‘s strategic focus on delivering value to investors through dividends, along with its ability to sustain growth and maintain market momentum, positions it well for long-term success in the telecommunications sector. Despite some resilience concerns, the overall outlook appears favorable, with a solid foundation in place to drive continued performance and shareholder returns.


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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Evolution (EVO) Earnings Meet Estimates: An In-Depth Analysis of 1Q Results

By | Earnings Alerts
  • The Evolution Company’s Q1 Ebitda met estimates at EU345.8 million, slightly below the estimated EU347.3 million.
  • Their Ebitda margin was steady at 69%, albeit slightly lower than the anticipated 69.5%.
  • Pretax profit exceeded expectations at EU317.5 million, above an estimate of EU316 million.
  • Profit after tax was also higher than estimated at EU269.2 million, compared to the projected EU265.9 million.
  • Operating profit turned out at EU311.6 million, a bit below the EU313.6 million estimate.
  • Operating revenue hit EU501.5 million, surpassing the estimated EU499.2 million.
  • Regional revenues were as follows: Asia – EU197.6 million, North America – EU62.1 million, Europe – EU191.0 million, and Latin America – EU33.0 million. Each region’s revenue either met or slightly missed estimates.
  • The company’s stock ratings are divided: 11 buys, 4 holds, 1 sell.

A look at Evolution Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience4
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

Based on Smartkarma Smart Scores, Evolution shows a promising long-term outlook. With a strong score of 5 for Growth, the company is positioned well for future expansion and development within the gaming industry. Additionally, Evolution scored a solid 4 in both Resilience and Momentum, indicating a stable and forward-moving business trajectory. These scores suggest that Evolution has the potential to maintain its competitive edge and adapt to market changes effectively.

While Evolution received a Value score of 2, indicating there may be better-priced investment opportunities available, its Dividend score of 3 signifies a moderate level of dividend payment potential. Overall, with high marks in Growth, Resilience, and Momentum, Evolution appears well-equipped to capitalize on opportunities in the gaming sector and continue to expand its global presence as a leading provider of B2B live casino solutions.

Summary of Evolution: Evolution AB operates as a gaming company, specializing in developing, producing, marketing, and licensing fully integrated B2B live casino solutions for online casino operators worldwide.


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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Air Liquide SA (AI) Earnings Report: 1Q Revenue Dips Lower Than Estimates Amid Sectorial Variations

By | Earnings Alerts

• Air Liquide’s revenue for the first quarter fell behind the estimated target by 7.3%, leading to a total revenue of EU6.65 billion instead of EU6.96 billion.

• The company reported a rise in comparable sales by 2.1%.

• Air Liquide’s Gas & Services sector reported a lower revenue than estimated, totalling only EU6.36 billion.

• In the Americas, the revenue of the gas & services sector came to EU2.55 billion, beating the estimate of EU2.5 billion with a fall of 3% year-on-year.

• European gas & services revenue, however, lagged behind with a 15% year-on-year decline making up EU2.25 billion.

• The Asia-Pacific region saw a slight decrease of 6.8% in gas & services revenue.

• Middle East and Africa did see a rise in their gas & services revenue of 11%.

• Large Industries reported a significant slump of 21% in their revenue.

• The Industrial Merchant sector also saw a small decrease of 2.1% year-on-year.

• Healthcare sector enjoyed an increase of 3.4% in their revenue, standing at EU1.05 billion, surpassing the estimated EU1.01 billion.

• Electronics sector saw a slight dip of 6.4% in their revenue.

• Engineering & Construction reported a positive y/y increase of 5.7% in their revenue.

• The Global Markets & Technologies sector reported a slight increase of 3.1% y/y in their revenue.

• The company remains confident that it would further increase its operating margin in 2024, delivering recurring net profit growth at constant exchange rates.

• In the first three months of the year, the company generated efficiencies amounting to €112 million.


A look at Air Liquide SA Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.0

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

Based on the Smartkarma Smart Scores for Air Liquide SA, the company’s long-term outlook appears positive. With strong scores in Growth and Momentum, Air Liquide SA is positioned for potential expansion and market performance in the future. The company’s focus on innovation and growth opportunities indicates a promising trajectory ahead.

Air Liquide SA, a global leader in industrial and healthcare gases, demonstrates resilience and steady performance, with a solid foundation in place for long-term sustainability. While there may be room for improvement in Value and Dividend scores, the overall outlook for Air Liquide SA remains favorable, supported by its established presence in key markets across continents.


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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Skandinaviska Enskilda Banken (SEBA) Earnings: Net Interest Income Misses Estimates in Q1 but Operating Profit Surpasses Expectations

By | Earnings Alerts

• SEB 1Q net interest income was SEK11.77 billion, falling short of the estimated SEK11.97 billion.

• Reported net income surpassed expectations, at SEK9.50 billion compared to the forecasted SEK8.87 billion.

• Net Fee & Commission income for the bank reached SEK5.63 billion, exceeding the estimate of SEK5.51 billion.

• They posted a net financial income of SEK3.25 billion.

• Operating profit touched SEK12.32 billion, surpassing the SEK11.19 billion estimate.

• Operating expenses were slightly higher than forecast, at SEK7.16 billion compared to an estimated SEK7.07 billion.

• Earnings per share (EPS) was stated as SEK4.56.

• The common equity Tier 1 ratio was 18.9%, slightly lower than the forecasted 19.3%.

• Total risk exposure reported was SEK926 billion, which was more than the estimated SEK904.41 billion.

• The bank presented a gross stage 3 ratio of 0.35%, lower than the estimated 0.46%.

• The bank’s status among analysts stands at 7 buys, 11 holds, and 5 sells.


A look at Skandinaviska Enskilda Banken 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

Skandinaviska Enskilda Banken (SEB) is positioned for a promising long-term outlook based on its Smartkarma Smart Scores. With high scores in Dividend and Momentum, the company demonstrates strength in providing returns to its shareholders and maintaining a positive growth trajectory. Furthermore, SEB’s solid scores in Value and Growth indicate a robust financial standing and potential for expansion in the industry. Despite a lower score in Resilience, SEB’s overall outlook appears favorable, presenting opportunities for sustainable growth and profitability.

Skandinaviska Enskilda Banken AB (SEB) is a prominent North European financial banking group known for its comprehensive range of banking services catering to corporate, institutional, and private clients. Offering a diverse portfolio including savings accounts, investment banking, loans, and insurance products, SEB has established a strong presence not only in Sweden but also in Germany, the Baltic States, and several other countries globally. With its impressive Smart Scores across various factors, SEB seems well-positioned to continue its success and strengthen its position in the financial sector.


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

By | Earnings Alerts
  • Volvo Car’s 1Q revenue came in below the estimates, at SEK93.88 billion instead of the projected SEK99.77 billion.
  • The operating income was SEK4.71 billion, falling short of the SEK5.95 billion estimate.
  • Retail sales were up by 12%.
  • The Ebit margin came in at 5%, below the 5.67% estimate.
  • Total sales volume equalled 182,700, slightly surpassing the estimated 182,046.
  • Europe retail sales volume was 89,700 units, higher than the estimated 87,631.
  • China’s retail sales volume came in slightly under the estimate, at 38,000 units compared to the projected 38,483.
  • In the US, retail sales volume was at 31,000 units, beating the 29,644 estimate.
  • Other regions had a retail sales volume of 24,100 units, falling short of the estimated 26,401.
  • Current market sentiment on Volvo is mixed with 3 buys, 9 holds, and 2 sells on record.

A look at Volvo Car AB Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth3
Resilience4
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

Volvo Car AB, a company that manufactures, designs, and supplies automobiles, has received varying scores across different factors indicating its overall outlook. With a high value score of 4, Volvo Car AB seems to be positioned well in terms of its financial standing and investment potential. However, its dividend score of 1 suggests that the company may not be as attractive in terms of dividend payouts for investors seeking steady income.

On the other hand, Volvo Car AB scores a respectable 4 for resilience, indicating its ability to weather economic uncertainties and challenges. Furthermore, with a momentum score of 5, the company appears to be gaining positive traction in the market. While the growth score of 3 suggests a moderate outlook for expansion, Volvo Car AB seems to be focusing on strengthening its position in the industry and maintaining a sustainable growth trajectory.

### Volvo Car AB manufactures, designs, and supplies automobiles. The Company offers a wide range of cars, trucks, and vans. Volvo Car serves customers worldwide. ###


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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Hanwha Ocean (042660) Earnings Surpass Expectations with 1Q Operating Profit Beating Estimates

By | Earnings Alerts
  • Hanwha Ocean Co Ltd reported an operating profit of 52.9 billion won in 1Q, defying estimates which projected a loss of 1.05 billion won.
  • The net profit was recorded at 51.0 billion won, again surpassing estimates which anticipated an 8.8 billion won loss.
  • Sales surpassed estimates as well, reaching 2.28 trillion won in comparison to the estimated 2.22 trillion won.
  • Analysts’ recommendations include 12 buys, 3 holds, and 3 sells of this company’s shares.

Hanwha Ocean on Smartkarma

Analyst coverage of Hanwha Ocean on Smartkarma reveals insights from Sanghyun Park, who adopts a bearish stance in their recent report titled “What Should We Do About the Futures Basis Spread Caused by Hanwha Ocean’s Rights Offering?” Park’s analysis delves into trading strategies aligned with the futures basis spread generated by Hanwha Ocean’s rights offering, highlighting a key date this Friday, the 24th of November. Drawing parallels to a similar occurrence during Korean Air’s rights offering in 2020, Park suggests potential profitability if the spot price remains above the futures price until the specified date. The report further notes a consistent trend where the spread persists until new share selling possibilities emerge.


A look at Hanwha Ocean Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth2
Resilience2
Momentum5
OVERALL SMART SCORE2.4

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

Analysts using Smartkarma Smart Scores provide a mixed outlook for Hanwha Ocean Co., Ltd., a company operating in shipbuilding and offshore services. With a Value score of 2, Growth at 2, and Resilience also at 2, the company seems to face challenges in these areas. However, it excels in Momentum with a score of 5, indicating strong positive market momentum.

Despite facing obstacles in terms of value, growth, and resilience, Hanwha Ocean’s excellent momentum score suggests that the company may be well-positioned for future success. As a shipbuilding and offshore company offering a range of manufacturing services for vessels, including specialty vessels, gas carriers, and warships, Hanwha Ocean remains a key player in the industry, with potential for growth and development 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

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