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Smartkarma Newswire

Poly Real Estate Group Co., Ltd (600048) Earnings: FY Net Income Falls Short of Estimates

By | Earnings Alerts
  • Poly Developments reported a net income of 12.07 billion yuan for the financial year.
  • This figure falls short of estimates, which predicted a net income of over 14.35 billion yuan.
  • Revenue, however, surpassed estimates, coming in at 346.83 billion yuan against expected 334.21 billion yuan.
  • The reported net income signifies a decrease of 34.1% from previous records.
  • Earnings Per Share (EPS) for the period was 1.01 yuan.
  • Taking into account market feedback, Poly Developments received 26 ‘buy’ ratings, 5 ‘hold’ ratings, and no ‘sell’ ratings.

Poly Real Estate Group Co., Ltd on Smartkarma

Analyst coverage on Smartkarma shines a spotlight on Poly Real Estate Group Co., Ltd, with Caixin Global‘s recent report by an unnamed author. The report delves into Poly Development’s strategic move to conduct a substantial $279 million share buyback, propelling the stock price up by 7.6%. As China’s top developer by sales in the current year, Poly Development aims to bolster its sliding equity value amidst market uncertainties. The stock, which has fallen significantly from its peak in April 2022, closed at 10.34 yuan in Shanghai on Tuesday, up from 9.61 yuan the previous day. The buyback plan, spanning the next three months, signals the company’s proactive stance in stabilizing market sentiment.


A look at Poly Real Estate Group Co., Ltd Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum2
OVERALL SMART SCORE3.4

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

Poly Real Estate Group Co., Ltd. is a company that primarily focuses on developing and selling residential homes, along with engaging in leasing, rental of real estates, and property management. According to Smartkarma Smart Scores, Poly Real Estate Group Co., Ltd. receives a top score of 5 in both the Value and Dividend categories. This indicates that the company is considered to have strong value and dividend potential, making it an attractive option for investors seeking returns. However, the company scores a 3 in Growth, suggesting moderate growth prospects, and lower scores in Resilience and Momentum, indicating some challenges in these areas.

In summary, Poly Real Estate Group Co., Ltd. is viewed favorably for its value and dividend potential based on the Smartkarma Smart Scores. While the company shows promise in these areas, there are some concerns regarding growth, resilience, and momentum. Investors may find Poly Real Estate Group Co., Ltd. appealing for its strong value proposition and dividend outlook, but should also consider the other factors that contribute to the overall assessment of the company.


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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Verizon Communications (VZ) Earnings: Beats Estimates with 1Q Adjusted EPS of $1.15

By | Earnings Alerts

• Verizon’s first quarter adjusted EPS stands at $1.15, beating the estimated $1.12, however, lower than last year’s $1.20.

• The firm’s operating revenue for the first quarter is $33 billion, slightly lower than the estimated $33.21 billion.

• The consumer revenue is at $25.1 billion, while the estimate was $25.29 billion.

• Business revenue for the first quarter is on par with the estimated $7.41 billion, reaching $7.4 billion.

• The wireless service revenue exceeds the estimated $19.47 billion, coming in at $19.5 billion.

• FIOS internet subscribers rose by 53,000, which is lower than the estimated increase of 60,065.

• The first quarter included retail postpaid phone net losses of 68k and retail postpaid net additions of 253k.

• Verizon’s adjusted Ebitda stands at $12.1 billion, marking a 1.7% growth year-on-year, beating the estimated $12.06 billion.

• The year forecast sees a 2% to 3.5% growth in wireless service revenue.

• The adjusted EPS for the full year remains to fall in the estimated range of $4.50 to $4.70.

• The capital expenditure for the year is forecasted to amount between $17 billion to $17.5 billion, with estimates around $17.26 billion.

• The first quarter saw total broadband net additions of 389k.

• The financial results from the first quarter reflected a pre-tax loss from special items amounting to $327m.


Verizon Communications on Smartkarma

Analysts on Smartkarma, a platform for independent investment research, are closely covering Verizon Communications. Baptista Research, through reports like “Verizon Communications – Increasing Contribution from Fixed Wireless Access & Other Major Drivers,” offers a bullish perspective. Highlighting Verizon’s recent positive performance, the report mentions a 3.2% YoY growth in wireless service revenue, reaching $76.7 billion in 2023. The fourth quarter also saw significant customer growth, signaling a strong finish for the telecommunications giant.

In another report by Baptista Research titled “Verizon Communications Inc.: Fighting The Network Wars – A Deep Dive! – Major Drivers,” an optimistic outlook is maintained. The report emphasizes Verizon exceeding analyst revenue and earnings expectations, showcasing strong performance and improved profitability in both Consumer and Business segments. Notably, Verizon Business Group’s steady net additions in Business mobility highlight the increasing demand for reliable connectivity services offered by Verizon.


A look at Verizon Communications Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
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

Verizon Communications Inc. has received mixed ratings according to Smartkarma Smart Scores for various factors influencing its long-term outlook. While the company excels in terms of dividend strength with a perfect score of 5, its resilience score is rated lower at 2. This indicates that Verizon Communications offers a stable dividend but may face challenges in terms of resilience against potential disruptions.

Additionally, the company’s momentum score stands at 4, suggesting positive market momentum. However, its value and growth scores are average at 3 each. This implies that Verizon Communications may not be currently undervalued or experiencing high growth compared to its industry peers. Overall, the company’s diverse range of services in the telecommunications sector positions it as a strong player in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Analysis: Zijin Mining Group Co Ltd H (2899) Earnings Report Reveals 1Q Net Income of 6.26B Yuan

By | Earnings Alerts
  • Zijin Mining reported a net income of 6.26 billion yuan for the first quarter.
  • The company’s revenue for the same period reached 74.78 billion yuan.
  • Earnings Per Share (EPS), as well as Basic EPS, were marked at 23.8 RMB cents.
  • Zijin Mining shares are currently highly recommended for buying, with fifteen counts of buy recommendations and no holds or sells.

Zijin Mining Group Co Ltd H on Smartkarma

Analyst coverage on Zijin Mining Group Co Ltd H on Smartkarma by Brian Freitas indicates a bullish sentiment towards the company’s potential inclusion in the HSCEI Index rebalance scheduled for June. The insight suggests that Zijin Mining could be added to the index, with a projected turnover of 2.95% and a one-way trade estimated at HK$1.6bn. This decision comes amidst considerations of potentially removing SenseTime from the index, making room for Zijin Mining’s potential inclusion.

The analyst report by Brian Freitas highlights the significant possibility of Zijin Mining Group Co Ltd H being added to the HSCEI Index, potentially impacting the index’s composition with its inclusion. The report also underscores the close evaluation of BeiGene’s addition pending the Velocity Test, emphasizing the dynamic nature of index rebalancing decisions. With the estimated turnover and trading volumes disclosed, investors are keenly observing the outcome of the rebalance scheduled after the close of trading on 4 June.


A look at Zijin Mining Group Co Ltd H Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience2
Momentum5
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, Zijin Mining Group Co Ltd H shows a promising long-term outlook. With a strong growth score of 5 and high momentum score of 5, the company appears to be on a positive trajectory. Its robust dividend score of 4 further enhances its attractiveness to investors looking for stable returns. However, Zijin Mining Group Co Ltd H may face challenges in terms of its value and resilience scores, which are rated at 2 each.

Zijin Mining Group Co Ltd H is a China-based company primarily focused on exploring, mining, refining, and selling gold and other mineral resources. The company’s high growth and momentum scores point towards a potential upward trend in its performance, while its solid dividend score reflects its ability to provide consistent returns to shareholders.


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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Cardinal Health (CAH) Earnings Forecast: Firm Reaffirms Financial Targets Despite Optumrx Contract Non-Renewal

By | Earnings Alerts
  • Cardinal Health maintains its fiscal year (FY) adjusted Earnings Per Share (EPS) forecast, still projecting an EPS between $7.20 and $7.35. The estimated EPS is $7.27.
  • The company reaffirms its non-GAAP EPS guidance for fiscal 2024.
  • Cardinal Health foresees an adjusted free cash flow (Adj Fcf) of approximately $2 billion from 2024 to 2026.
  • The company has decided not to renew its pharmaceutical distribution contracts with Optumrx.
  • It anticipates a lower-than-average adjusted free cash flow in fiscal 2025.
  • For fiscal years 2024 to 2026, the company is targeting a Compound Annual Growth Rate (CAGR) of 12% to 14% for their adjusted EPS.
  • Although the company has not yet provided financial guidance for fiscal 2025, it expects growth in both the Pharmaceutical and Specialty Solutions segment profit and non-GAAP diluted EPS.
  • Cardinal Health intends to continue delivering profitable growth in fiscal 2025, and is confident in reaffirming its long-term targets for the Pharmaceutical and Specialty Solutions segments, even without the renewal of certain contracts.
  • According to analysts, there are 7 buy ratings, 9 hold ratings, and 2 sell ratings for Cardinal Health.

Cardinal Health on Smartkarma

Analyst coverage on Cardinal Health by Baptista Research on Smartkarma shows a positive outlook on the company’s recent performance and strategic moves. In the report titled “Cardinal Health: Expanding Acquisitions Portfolio With Specialty Networks & Other Major Drivers,” CEO Jason Hollar and CFO Aaron Alt expressed satisfaction with the strong profit growth in both segments. Cardinal Health‘s acquisition of Specialty Networks is highlighted as a crucial step in enhancing the company’s specialty growth strategy, with an expected 7% to 9% segment profit growth for fiscal 2024.

Another report by Baptista Research, titled “Cardinal Health: The Powerhouse Behind Today’s Medical and Pharmaceutical Breakthroughs! – Major Drivers,” commends the company for exceeding expectations and achieving significant milestones. The consolidated enterprise results revealed a 10% increase in total revenue, primarily driven by the Pharma segment. Despite flat revenue in the Medical segment, Cardinal Health managed to surpass expectations, reflecting a positive momentum in the company’s overall performance.


A look at Cardinal Health Smart Scores

FactorScoreMagnitude
Value0
Dividend3
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE2.8

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

Cardinal Health, Inc. is well-positioned for long-term success, according to Smartkarma Smart Scores. With a solid rating in resilience and momentum, the company shows promise in weathering challenges and maintaining positive growth. Its services in healthcare product distribution and consulting, pharmaceutical packaging, and drug delivery systems development contribute to its overall strength in the market.

Although Cardinal Health may not score as high in value, its dividend and growth ratings suggest stability and potential for expansion. As a provider of essential products and services to healthcare providers and manufacturers, the company’s strategic positioning in the industry could lead to sustainable performance over time. Investors may find Cardinal Health an attractive investment option based on these favorable Smart Scores indicators.


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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Hengli Petrochemical Co.,Ltd. A (600346) Earnings Report: 1Q Net Income Surpasses Estimates

By | Earnings Alerts
  • Hengli Petrochem reported a net income of 2.14 billion yuan for the first quarter, surpassing the estimated prediction of 2 billion yuan.
  • The revenue for the same period was reported as 58.39 billion yuan. However, this was lower than the estimated revenue of 66.85 billion yuan.
  • At present, Hengli Petrochem holds 20 By ratings, 3 Hold ratings, and no Sell ratings.

A look at Hengli Petrochemical Co.,Ltd. A Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience2
Momentum5
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

When looking at the long-term outlook for Hengli Petrochemical Co.,Ltd., the company’s Smartkarma Smart Scores paint a positive picture. With a high Momentum score of 5, the company is showing strong upward momentum in its performance. This bodes well for its future growth potential as it continues to outpace the market expectations.

Additionally, Hengli Petrochemical Co.,Ltd. scores well in Value and Growth with scores of 3, indicating solid financial metrics and a promising trajectory for expansion. While its Dividend and Resilience scores are lower, at 1 and 2 respectively, the company’s strengths in other areas suggest a bright outlook overall.

Summary of the company:
### Hengli Petrochemical Co.,Ltd. manufactures chemical fibers. The Company researches, produces, and sells polyester filament and chips for consumer and industry products. Hengli Petrochemical markets it products 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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Analysis of China Mobile’s (941) Earnings 1Q: 29.6B Yuan Net Income with 799 Million 5G Subscribers

By | Earnings Alerts
  • China Mobile reported a net income of 29.6 billion yuan for the first quarter.
  • The operating revenue stands at 263.7 billion yuan.
  • Ebitda, or earnings before interest, taxes, depreciation and amortization, equaled 78.0 billion yuan.
  • The Ebitda margin was 29.6%, indicating company’s operational profitability.
  • The company boasts a customer base of 996 million mobile subscriptions.
  • Out of these, 799 million are 5G package subscribers.
  • The company received 27 buys, no holds and no sells, indicating strong investor confidence.

China Mobile on Smartkarma

Analyst coverage on China Mobile by Travis Lundy on Smartkarma shows a positive sentiment towards the company. In a recent report titled “A/H Premium Tracker (To 9 Feb 2024)”, Lundy highlights that both Hs and As were up, with As outperforming Hs. He recommends keeping an eye on State-Owned Enterprises (SOEs), including China Mobile, as AH premia rose, indicating potential opportunities for these stocks.

Lundy’s analysis in another report, “HK Connect SOUTHBOUND Flows (To 9 Feb 2024)”, reveals that net buying was observed pre-CNY, with a focus on high-dividend SOEs. Despite a challenging week for Hong Kong and Chinese shares, his insights suggest that there is continued buying interest in SOEs like China Mobile, reflecting a bullish outlook on the company’s prospects.


A look at China Mobile Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience4
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

China Mobile is well-positioned for long-term growth, as indicated by its favorable Smartkarma Smart Scores. With a high score in Momentum and solid scores in Dividend, Growth, and Resilience, the company shows strength across key factors. This suggests that China Mobile is poised to continue its positive performance and likely to navigate challenges successfully. As a leading provider of telecommunication services in Hong Kong, the company’s strategic positioning and strong fundamentals bode well for its future outlook.

In summary, China Mobile Limited, a telecommunication services provider, has received positive Smartkarma Smart Scores, reflecting its overall strong performance in key areas such as Dividend, Growth, Resilience, and Momentum. With a solid foundation and a focus on providing wireline voice, broadband, and roaming services, China Mobile is expected to sustain its growth trajectory and maintain its position as a key player in the industry.


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

By | Earnings Alerts
  • The operating profit for Sandvik in the first quarter was SEK2.19 billion, which fell short of the estimated SEK2.97 billion.
  • Sandvik’s operating margin was 7.6%, lower than the anticipated 9.52%.
  • The Mining & Rock Solutions’ adjusted Ebita was lower than estimated at SEK2.61 billion, against an estimated SEK3.11 billion.
  • Meanwhile, Manufacturing & Machining Solutions’ adjusted Ebita was nearly in line with the estimate at SEK2.49 billion versus the predicted SEK2.5 billion.
  • However, the Rock Processing Solutions’ adjusted Ebita was SEK326 million, lower than the estimated SEK392.1 million.
  • Currently, Sandvik’s rating stands at 12 buys, 13 holds, and 3 sells by investment analysts.

A look at Sandvik AB Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.4

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

Analysts using the Smartkarma Smart Scores have provided a positive long-term outlook for Sandvik AB, a high-technology engineering group. With a strong overall outlook reflected in its scores, including Growth scoring 4 and Momentum scoring 4, Sandvik AB is positioned well for future expansion and market performance. The company’s focus on developing and manufacturing tools for various applications, along with its global presence, indicates a robust foundation for sustained growth in the industry.

The company’s balanced scores across different factors such as Value, Dividend, Growth, Resilience, and Momentum, with each scoring 3 or above, suggest a well-rounded investment opportunity. Sandvik AB‘s strategic positioning in providing tools for metalworking and rock excavation, as well as stainless steel products, further enhances its resilience in varying market conditions. Investors may find Sandvik AB an attractive prospect for long-term investment given its positive outlook and diversified product offerings.


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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Deciphering WH Group (288) Earnings: Unveiling 1Q Revenue Performance and Analyst Ratings

By | Earnings Alerts
  • WH Group reported a strong first quarter with a revenue of $6.18 billion.
  • The company saw sales of 786,000 tons in packaged meats.
  • It sold about 941,000 metric tons of pork.
  • The revenue from packaged meats stood at $3.31 billion.
  • The stock performance was robust with 15 buys, 1 hold, and 0 sells.

WH Group on Smartkarma

Analysts on Smartkarma, like Steve Zhou, CFA, have been providing insightful coverage on WH Group, a company listed as 288 HK. In his recent report titled “WH Group (288 HK): Update On The Bull Case,” Zhou highlights the positive aspects of the company’s performance. He points out that the US business of WH Group is showing signs of recovery, coupled with the potential for an IPO. Additionally, the stability in the China business adds to the overall attractiveness of the stock. Zhou maintains a bullish stance on WH Group, emphasizing its limited downside risk. Since his previous report in October 2023, the stock has surged by 17%, significantly outperforming the Hang Seng Index.

With WH Group still trading at a modest forward PE ratio of 6x, well below the historical average of 11x since 2016, Zhou’s analysis suggests a compelling investment opportunity in the company. Investors looking for a promising buy in the market may find WH Group an appealing option based on the optimism surrounding its US business recovery, potential IPO prospects, and stable operations in China. The detailed analysis provided by Zhou and other independent analysts on Smartkarma offers valuable insights for market participants seeking to make informed decisions regarding WH Group‘s stock.


A look at WH Group Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.4

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

WH Group Limited, a meat processing holdings company, has received positive Smartkarma Smart Scores across the board indicating a promising long-term outlook. With scores of 3 in Value, Dividend, Growth, and Resilience, the company shows stability and potential for growth. Additionally, WH Group excels in Momentum with a score of 5, indicating strong market momentum that could propel the company forward in the future.

Overall, WH Group Limited, known for its meat processing services and chilled meat products, demonstrates a balanced performance across key factors essential for long-term success. Investors may find the company to be a solid choice considering its consistent performance and favorable outlook as reflected in its Smartkarma Smart 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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FPT Corp (FPT) Earnings: 1Q Net Income Hits 1.8T Dong with a Remarkable 20% Increase in Pre-tax Profits Year-On-Year

By | Earnings Alerts
  • FPT Corp reported a net income of 1.8 trillion dong for 1Q 2024.
  • The profit generated after tax was also 1.80 trillion dong.
  • The reported revenue stood at 14.1 trillion dong.
  • Pretax profit saw an increase of 20% year on year, amounting to 2.53 trillion dong.
  • IT services played a significant role, contributing 60% to the overall revenue and 45% to pre-tax profit as mentioned in the company statement.
  • Revenue from digital transformation rose by 36% year on year to 2.96 billion dong according to the company’s statement.
  • Analysts’ ratings for the company are positive with 13 buys, 1 hold, and no sells.
  • The comparison of these results is based on the values previously reported by the company in its original disclosures.

A look at FPT Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience5
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

Investment analysts predict a promising future for FPT Corp, an information and communication technology company, based on the Smartkarma Smart Scores. With a high Growth score of 5, FPT Corp is positioned for long-term expansion and development. Additionally, the company shows strong Resilience and Momentum with scores of 5 in both categories, indicating its ability to withstand market challenges and maintain a positive business trajectory.

Despite moderate scores in Value and Dividend at 2 each, FPT Corp‘s exceptional Growth, Resilience, and Momentum scores paint a bright picture for its overall outlook. Investors may find FPT Corp an attractive opportunity for potential growth and stability 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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Bank of the Philippine Islands (BPI) Earnings Soar With 1Q Net Income at 15.3B Pesos Amidst 25% Yearly Revenue Increase

By | Earnings Alerts

• Philippines’ BPI reported a net income of 15.3 billion pesos in the first quarter.

• Their revenue was 39.5 billion pesos, showing a 25% growth y/y, exceeding the estimate of 37.68 billion pesos.

• The bank’s net interest income was 29.8 billion pesos.

• Non-performing loans ratio stood at 2.12%.

• Return on equity was 15.7%, slightly higher than the estimate of 15.5%.

• BPI mentioned in a statement that the 25.8% rise in 1Q net income from the previous year was due to higher revenues offsetting higher operating expenses and provision for losses.

• Q1 revenues were driven by a 23.5% y/y growth in net interest income, due to higher loans and increased net interest margin.

• Non-interest income increased by 28.1% y/y to 9.7 billion pesos.

• Operating expenses for the first quarter rose by 19.6% y/y to reach 18 billion pesos, resulting from spending on manpower, technology, marketing campaigns, and transaction fees.

• Total assets reportedly rose by 14.7% to 3.1 trillion pesos.

• Gross loans also increased by 18.7% y/y, reaching 2 trillion pesos.

• Total deposits saw 12.8% y/y growth, amounting to 2.4 trillion pesos.

• The bank’s NPL cover was at 136.2% and the capital adequacy ratio stood at 15.6%.


A look at Bank of the Philippine Islands Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience5
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

Bank of the Philippine Islands is poised for a promising long-term outlook, based on the Smartkarma Smart Scores. With strong scores for Growth, Resilience, and Momentum, the company is positioned to excel in the market. The high score for Resilience indicates the company’s ability to withstand economic challenges, while the Momentum score suggests a positive trend in the company’s performance. Additionally, the solid score for Growth showcases the company’s potential for expansion and increasing profitability. Although the Value and Dividend scores are not as high, the overall outlook for Bank of the Philippine Islands appears optimistic.

Bank of the Philippine Islands, a provider of commercial banking services, has developed a range of innovative products to meet the needs of its customers. From ATM and debit card systems to credit cards and electronic cash cards, the company offers a diverse set of services. With an internet platform and other offerings, Bank of the Philippine Islands continues to adapt to the evolving financial landscape. As indicated by its Smartkarma Smart Scores, the company’s focus on growth, resilience, and momentum positions it well for long-term success in the banking 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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