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Smartkarma Newswire

BillerudKorsnas AB (BILL) Earnings: 3Q Adjusted EBITDA Surpasses Estimates with a Strong Performance

By | Earnings Alerts
  • Billerud reported an adjusted EBITDA of 1.56 billion SEK, surpassing the expected 1.42 billion SEK.
  • The company’s net sales were 10.80 billion SEK, slightly below the estimate of 10.91 billion SEK.
  • Operating profit reached 851 million SEK, exceeding the anticipated 739 million SEK.
  • Net income was recorded at 565 million SEK, higher than the expected 508.9 million SEK.
  • Stock analysts showed confidence in the company with 8 buy recommendations and 3 hold ratings, and no sell recommendations.

A look at BillerudKorsnas AB Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
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

In the long-term outlook for BillerudKorsnas AB, analysts have rated the company using Smartkarma Smart Scores across various key factors. With a strong score in value, BillerudKorsnas AB is viewed favorably in terms of its investment potential relative to its market price. Additionally, the company has received positive scores in momentum, indicating a promising trend in the company’s stock movement. This suggests that BillerudKorsnas AB may have a bright future ahead in terms of its market performance.

BillerudKorsnas AB, a company specializing in primary fibre-based renewable packaging materials and solutions, has shown resilience and stable growth prospects, as reflected in its respective scores. Moreover, the company’s decent dividend score signifies its commitment to returning value to shareholders. Overall, with a solid outlook across key factors, BillerudKorsnas AB appears to be well-positioned for continued success in the packaging 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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Norsk Hydro ASA (NHY) Earnings Surpass Expectations with Strong 3Q Adjusted EBITDA Performance

By | Earnings Alerts
  • Norsk Hydro’s adjusted Ebitda for the third quarter was NOK 7.37 billion, surpassing the estimate of NOK 7.07 billion.
  • The energy segment showed a strong performance with an adjusted Ebitda of NOK 626 million, slightly above the estimate of NOK 624 million.
  • The company experienced positive development in upstream revenue drivers, contributing to strong results in its upstream business.
  • The challenging conditions in the downstream market were mitigated by the strong upstream performance.
  • Increased alumina prices positively impacted results for the Bauxite & Alumina segment.
  • Market analysts have 13 buy ratings, 8 hold ratings, and 1 sell rating for Norsk Hydro.

A look at Norsk Hydro ASA Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth2
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

Analysts using Smartkarma Smart Scores indicate that Norsk Hydro ASA, a prominent provider of aluminum and aluminum products, has a diverse outlook based on key metrics. With a solid resilience score of 4, the company demonstrates strength in weathering economic uncertainties and market volatility. This resilience underscores Norsk Hydro’s ability to navigate challenges and maintain stability in the long term.

Furthermore, the company shows promising momentum with a score of 4, suggesting positive trends in its stock performance and market sentiment. Although growth scores slightly lower at 2, Norsk Hydro has the potential for expansion opportunities. Combined with average scores in value and dividend, Norsk Hydro ASA presents an overall outlook that positions it well for sustained success in its 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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Skandinaviska Enskilda Banken (SEBA) Earnings: Robust Results amid Falling Interest Rates with Strong Common Equity Tier 1 Ratio of 19.4%

By | Earnings Alerts
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  • SEB’s Common Equity Tier 1 ratio stands at 19.4%.
  • The firm attributes its strong performance to a diversified business model.
  • SEB’s results were resilient despite operating in a falling interest rate environment.
  • Key contributors to the strong results were robust net commission and net financial income.
  • Analysts’ recommendations for SEB include 7 buys, 11 holds, and 6 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 AB (SEB) has received positive Smart Scores in several key areas indicating a promising long-term outlook. With high scores in Dividend, Growth, Value, and Momentum, the bank is positioned well for future performance. SEB’s strong dividend offering provides an attractive aspect for investors seeking stable returns. Additionally, its growth potential and value proposition make it an appealing investment option. Despite a lower Resilience score, the bank’s overall Smart Scores suggest a favorable outlook for investors seeking exposure to the North European financial banking group.

As a North European financial banking group, SEB offers a range of banking services including corporate, institutional, and private banking. With a presence in Sweden, Germany, the Baltic States, and internationally, SEB caters to a diverse clientele with services such as savings accounts, investment banking, securities brokerage, loans, pensions, and insurance products. The bank’s positive Smart Scores in key areas reflect its robust fundamentals and strategic positioning in the market, indicating a promising outlook for the company 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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Galderma (GALD) Earnings: FY Net Sales Growth Forecast Revised to 8.8%-9.5%

By | Earnings Alerts
  • Galderma projects full-year net sales growth between 8.8% and 9.5% year-over-year at constant currency.
  • The anticipated sales growth is at the mid-point of the previous 7% to 10% range.
  • Net sales are reported at $3.26 billion.
  • Sales growth at constant exchange rates stands at 9.2%.
  • The company expects the full-year core EBITDA margin to remain consistent with 2023 levels at constant currency.
  • Market sentiment includes 10 buy ratings, 3 hold ratings, and no sell ratings for Galderma.

Galderma on Smartkarma

Analyst coverage on Galderma by Dimitris Ioannidis on Smartkarma reveals that Galderma (GALD SW) is poised to make a significant impact on the Global and Swiss Indices in the upcoming reviews scheduled for August and September 2024. Following its $17 billion IPO in March 2024, Galderma is expected to be one of the largest additions to these indices. The company is projected to be included in the second Global Index at the September 2024 review, with an estimated demand of approximately $162 million and 5.0 ADV. Additionally, the IPO lock-up expiry in December 2024 is anticipated to generate an additional demand of around $42 million and 1.3 ADV.


A look at Galderma Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.2

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

Galderma Group AG, a leading dermatology company, shows a promising long-term outlook based on Smartkarma Smart Scores analysis. With a strong emphasis on growth and momentum, Galderma scored a solid 5 in Growth and an impressive 4 in Momentum. This indicates a positive trajectory for the company in terms of expanding its market presence and performance over time. Additionally, Galderma received decent scores in Value and Resilience, reflecting a stable financial standing and ability to weather economic uncertainties. Despite a lower score in Dividend, the company’s overall outlook appears favorable, especially with its focus on delivering science-based dermatological products and services globally.

Galderma‘s strategic positioning in the dermatology market, offering a diverse range of brands and services from injectable aesthetics to therapeutic dermatology, underscores its commitment to addressing various skin-related needs. Serving customers worldwide, the company’s emphasis on innovation and quality aligns well with its high scores in Growth and Momentum. As Galderma continues to leverage its strong market presence and research-driven approach, the company is poised to capitalize on opportunities for growth and sustained performance in the dermatology 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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Edenred (EDEN) Earnings: 3Q Operating Revenue Falls Short of Estimates Amid Regulatory Challenges

By | Earnings Alerts
  • Edenred‘s 3Q operating revenue was €619 million, a 6.2% increase year-on-year, but below the estimated €644.2 million.
  • Benefits and engagement operating revenue grew by 8.7% year-on-year to €398 million, missing the estimate of €411.6 million.
  • Mobility operating revenue increased by 3.4% year-on-year to €152 million, below the estimated €161.3 million.
  • Complementary solutions operating revenue slightly declined by 1.4% to €69 million, below the estimate of €73.1 million.
  • Like-for-like (LFL) operating revenue saw a robust growth of 10.8%.
  • Benefits and engagement LFL revenue grew by 11.7% while mobility LFL revenue achieved a 13.2% increase, short of the 15.3% estimate.
  • Complementary solutions LFL revenue increased by 0.9%, which is below the forecasted 4.72%.
  • Total revenue reached €682 million, marking a 6.2% year-on-year growth, but missed the estimate of €698.2 million.
  • LFL revenue increased impressively by 11.5%.
  • For the nine months, LFL operating revenue rose by 13.8%.
  • Edenred forecasts EBITDA for the year to be between €1.25 billion to €1.29 billion, with the earlier forecast being €1.23 billion to €1.30 billion, and an estimate of €1.26 billion.
  • The company plans to challenge an Italian proposal to cap meal voucher commissions, which might impact EBITDA by approximately €60 million in 2025.
  • If the Italian plan proceeds, Edenred asserts it can achieve at least 10% organic EBITDA growth in 2025.
  • If the proposed Italian law does not proceed, Edenred aims for at least 12% organic EBITDA growth in 2025.
  • An Italian procedural hearing regarding alleged fraud involving Edenred is anticipated by year-end, as mentioned by Julien Tanguy, executive vice president for finance.

Edenred on Smartkarma

On Smartkarma, top independent analysts are covering Edenred, a global payment solutions company. In a report by the Value Investors Club titled “Edenred Se (EDEN) – Friday, Apr 19, 2024,” the sentiment leans bullish despite the stock declining by 19.50% year-to-date due to a legal investigation in Italy. The report highlights Edenred‘s strong financial performance, dominant industry position, solid balance sheet, cash flow generation, and growth potential, presenting it as a long opportunity for investors. The analysis, based on publicly available sources, emphasizes the company’s resilience amidst challenges.


A look at Edenred Smart Scores

FactorScoreMagnitude
Value0
Dividend4
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE2.6

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

According to Smartkarma Smart Scores, Edenred shows a promising long-term outlook. The company scores high in dividend, growth, resilience, and momentum, indicating strong performance in these areas. Edenred, known for offering prepaid vouchers for various products and services like restaurant meals and childcare, has positioned itself well in the market. With a solid dividend score of 4, investors can expect consistent returns. Their growth score of 3 suggests potential for expansion, while resilience and momentum scores of 3 each reflect the company’s ability to withstand challenges and maintain a positive trajectory.

Edenred’s overall Smartkarma Smart Scores showcase a favorable outlook for the company in the long term. Their strong performance in dividend, growth, resilience, and momentum metrics positions them well for future success. As a provider of vouchers used for rewarding employees and customers, Edenred has established itself as a reliable player in the industry. Investors may find the company appealing based on its robust scores across various key factors, indicating a positive trajectory for Edenred moving forward.


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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Azelis Group NV (AZE) Earnings: 3rd Quarter Revenue Falls Short but Margin Strengthens

By | Earnings Alerts
  • Azelis reported third-quarter revenue of €1.05 billion, marking a 1.5% increase year-over-year. This was below the estimated €1.08 billion.
  • The company’s net debt at the end of the period stood at €1.50 billion.
  • Gross margin improved to 24.5%, up from 23.9% year-over-year, surpassing the estimate of 23.7%.
  • Adjusted EBITA reached €115.2 million, a 3% increase year-over-year, but fell short of the estimated €119.9 million.
  • For the nine months, free cash flow was reported at €218.4 million, reflecting a 44% decrease year-over-year.
  • Despite current uncertainties, Azelis’ management is optimistic about the company’s readiness to capitalize on a recovering market.
  • Analyst recommendations include 14 buy ratings, 3 hold ratings, and 0 sell ratings.

Azelis Group NV on Smartkarma

Analyst coverage of Azelis Group NV on Smartkarma by Value Investors Club indicates a bullish sentiment towards the company as of their report titled “Azelis (AZE) – Tuesday, May 28, 2024“. The report highlights Azelis’ focus on specialized products tailored to specific applications or industries within the specialty chemicals sector. Despite challenges faced in FY23 and the current business environment, the analysts view Azelis as an attractive investment opportunity with strong earnings potential and anticipated EBITDA growth. The information in the report was sourced from publicly available data and was published on Value Investors Club around 3 months ago.


A look at Azelis Group NV Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.4

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

Analysts at Smartkarma have given Azelis Group NV a mixed outlook based on their Smart Scores. While the company scores high in terms of Growth and Momentum, indicating strong potential for expansion and positive market sentiment, it falls slightly behind in terms of Value and Dividend scores. This suggests that Azelis Group NV may offer good growth opportunities but may not be considered a high-value or high-dividend stock. With a resilient score in the middle range, the company seems to have a stable operational foundation.

Azelis Group NV, a wholesaler and distributor of chemicals globally, has received a promising outlook in terms of growth potential and market momentum. However, investors should be mindful of the company’s current valuation and dividend offerings. With a diverse portfolio of chemicals, food ingredients, and additives, Azelis Group serves a wide customer base, indicating potential for continued expansion and market reach 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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Dassault Systemes (DSY) Revises Earnings Outlook Amidst Market Challenges: Key Takeaways

By | Earnings Alerts
  • Fiscal Year Forecast Adjustments: Dassault Systemes has revised its full-year non-IFRS revenue growth forecast to 5% to 7% at constant currencies, down from a previous forecast of 6% to 8%.
  • Operating Margin Expectations: The company anticipates a non-IFRS operating margin of 31.8% to 32.2%, slightly reduced from the prior range of 32% to 32.4%.
  • Earnings Per Share (EPS) Projections: EPS at constant FX is expected to grow by 7% to 10%, a reduction from the previous 8% to 11% estimate. It remains stable at EU1.27 to EU1.30.
  • Annual Revenue Range: The revised non-IFRS revenue forecast is between EU6.16 billion and EU6.28 billion, down from a prior projection of EU6.26 billion to EU6.34 billion.
  • Fourth Quarter Focus: Q4 non-IFRS operating margin projection stands at 35.9% to 36.9%, with EPS forecasted at EU0.38 to EU0.41.
  • Third Quarter Highlights:
    • Non-IFRS EPS was recorded at EU0.29, matching the estimate and slightly exceeding last year’s EU0.28.
    • Non-IFRS net income increased by 2.4% year-over-year to EU380.1 million.
    • Revenue at constant currencies grew by 4%, slightly below the estimate of 4.94%.
    • The operating margin for Q3 was 29.6%, down from 31% the previous year.
  • Sector-Specific Performance:
    • Industrial Innovation software revenue decreased by 2% year-over-year, impacted by market contraction.
    • Mainstream Innovation software revenue increased significantly by 14% year-over-year.
    • Life Sciences software revenue slightly declined by 1.2% year-over-year.
  • Operating Cash Flow Concerns: Net cash from operating activities was EU217.6 million, a decline of 12% year-over-year.
  • Market Dynamics: The revisions in guidance were influenced by the automotive market’s continued scrutiny and contraction in Europe and the US.

A look at Dassault Systemes Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.0

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

Based on the Smartkarma Smart Scores, Dassault Systemes, a software company, shows a positive long-term outlook. With a Growth score of 4 and a Resilience score of 4, the company is positioned well for future expansion and able to navigate through challenges effectively. The company focuses on offering its 3Dexperience platform for creating innovative products and services virtually, catering to various industries globally such as aerospace, construction, and healthcare.

Although the Value and Dividend scores are lower at 2, Dassault Systemes still holds promise for investors. Its Momentum score of 3 indicates a moderate positive market sentiment. Overall, the company’s strong emphasis on growth and resilience sets a solid foundation for its future performance and market presence in the software 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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LG Electronics (066570) Earnings: 3Q Net Income Falls Short of Expectations at 48.6 Billion Won

By | Earnings Alerts
  • LG Electronics reported a net profit of 48.6 billion won for the third quarter.
  • This figure fell short of the estimated net profit of 339.66 billion won.
  • The company achieved an operating profit of 751.9 billion won.
  • Total sales for the quarter were recorded at 22.18 trillion won.
  • Following the announcement, LG Electronics‘ share price fell by 2.1% to 97,400 won.
  • Trading volume for the shares was recorded at 190,692 shares.
  • Investment analyst recommendations include 27 buys, 6 holds, and 0 sells.

LG Electronics on Smartkarma




Analyst Coverage of <a href="https://smartkarma.com/entities/lg-electronics-inc">LG Electronics</a> on Smartkarma

Analysts on Smartkarma are bullish on LG Electronics‘ potential India business IPO, estimating a value exceeding $7 billion. According to Devi Subhakesan, the IPO could unlock significant value given LG’s strong presence in India’s thriving home appliances market. The company’s CEO, William Cho, has mentioned considering an Indian market debut to revitalize the consumer electronics business.

Sanghyun Park reports that LG Electronics is gearing up for an IPO of its Indian subsidiary on the Indian stock market. With plans to raise around $700 million by selling a portion of its stake, LG aims for a valuation of $5-6 billion and intends to invest the raised funds into its EV components business. The inclusion of key underwriters like JP Morgan and Morgan Stanley signals the company’s strategic move towards a successful listing.



A look at LG Electronics Smart Scores

FactorScoreMagnitude
Value4
Dividend3
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

LG Electronics Inc., known for its wide range of digital display equipment and home appliances, has received a favorable long-term outlook based on the Smartkarma Smart Scores. With a solid Value score of 4, LG Electronics demonstrates strong fundamentals relative to its market price. Additionally, the company has achieved a respectable score of 3 for Dividend, suggesting a stable payout to its shareholders. In terms of Growth, Resilience, and Momentum, LG Electronics has secured scores of 3 across the board, indicating a promising trajectory for future development and sustainability.

As a leading manufacturer of flat-panel televisions, A/V products, washing machines, air conditioners, and smartphones, LG Electronics has positioned itself as a key player in the digital display and home appliance market. The combination of its high Value score and consistent performance in Dividend, Growth, Resilience, and Momentum underscores LG Electronics‘ potential for long-term success and growth 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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Equinor (EQNR) Earnings: 3Q Adjusted Operating Income After Tax Surpasses Expectations at $2.04 Billion

By | Earnings Alerts
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  • Equinor‘s adjusted operating income after tax was $2.04 billion, surpassing the estimate of $2 billion.
  • The adjusted operating income was $6.89 billion, slightly below the estimate of $7.23 billion.
  • Average production was recorded at 1.98 million barrels of oil equivalent per day, under the estimate of 2.03 million.
  • The dividend per share was announced at 35 cents.
  • Equinor has enhanced its capacity in the gas value chain over time.
  • This upgrade has led to record-high production levels from the Troll field during the gas year.
  • Analyst recommendations showed 8 buy ratings, 18 holds, and 8 sells for Equinor‘s stock.

“`


A look at Equinor Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience4
Momentum2
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

Equinor ASA, an energy company with a diverse portfolio in oil, gas, wind, and solar energy projects, is poised for a promising long-term outlook according to Smartkarma Smart Scores. With a solid rating of 3 for Value, Equinor is considered to have a competitive edge in terms of its worth relative to its price. Additionally, its high score of 5 in Growth indicates strong potential for expansion and development in the future. Coupled with a robust rating of 4 for Dividend and Resilience, demonstrating stability and regular payouts to shareholders, Equinor showcases a well-rounded performance profile.

However, despite its overall positive outlook, Equinor seems to have room for improvement in Momentum, with a score of 2. This suggests a slower pace in terms of market traction and investor interest. Nevertheless, based on the analysis of Smartkarma Smart Scores, Equinor‘s strengths in growth, value, dividend, and resilience bode well for its future prospects in the energy sector, aligning with its global presence and focus on offshore operations and exploration 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.
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Teck Resources (TECK/B) Earnings: 3Q Revenue Surpasses Estimates with C$2.86 Billion

By | Earnings Alerts
  • Teck Resources reported a third-quarter revenue of C$2.86 billion.
  • This revenue figure surpassed the estimated C$2.78 billion.
  • The company’s adjusted EBITDA for the third quarter was C$986 million.
  • Analysts’ expectations for the adjusted EBITDA were C$985.2 million, which Teck Resources exceeded.
  • Current analyst ratings for Teck Resources include 19 buys, 2 holds, and 2 sells.

A look at Teck Resources Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.4

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

Teck Resources Ltd., an integrated natural resource group with mining activities in various countries, has been given a positive long-term outlook based on the Smartkarma Smart Scores. With high scores in Growth and Value, the company is positioned well for future expansion and solid financial performance. This indicates a promising trajectory for Teck Resources in terms of potential market gains and overall company value.

However, the scores for Dividend and Resilience are on the lower side, suggesting that investors may not find the company as attractive for immediate income generation or in terms of withstanding economic uncertainties. Despite this, the overall outlook for Teck Resources, with its strengths in Growth and Value, signals a potentially bright future for the natural resource giant.


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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