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Smartkarma Newswire

Persistent Systems (PSYS) Earnings: 1Q Net Income Surges 34% to Meet Estimates with Strong Revenue Growth

By | Earnings Alerts
  • Net Income: 3.06 billion rupees, increased by 34% year-over-year, meeting the estimate of 3.03 billion rupees.
  • Revenue: 27.4 billion rupees, increased by 18% year-over-year, surpassing the estimate of 27.12 billion rupees.
  • Total Costs: 23.7 billion rupees, increased by 16% year-over-year.
  • Other Income: 306.4 million rupees, increased by 42% year-over-year.
  • Analyst Ratings: 17 buys, 8 holds, 11 sells.
  • Comparisons to past results are based on the company’s original disclosures.

A look at Persistent Systems Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience5
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 the Smartkarma Smart Scores, Persistent Systems shows a promising long-term outlook. With strong scores in growth, resilience, and momentum, the company seems well-positioned for future success. Persistent Systems specializes in outsourced software product development, offering a range of services such as testing, support, and professional services.

The company’s high scores in resilience and momentum indicate that it is likely to weather market fluctuations well and continue to grow steadily. Additionally, with a respectable score in dividends, Persistent Systems may also be an attractive option for income-focused investors. While there is room for improvement in the value aspect, overall, the future looks bright for Persistent Systems in the software development 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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Atlas Copco (ATCOA) Earnings: 2Q Operating Profit Falls Short of Estimates

By | Earnings Alerts
  • Operating Profit Missed Estimates: Atlas Copco’s operating profit for Q2 was SEK9.47 billion, below the estimated SEK9.93 billion.
  • Compressor Technique Outperformed: Operating profit came in at SEK4.99 billion, surpassing the estimate of SEK4.9 billion.
  • Vacuum Technique Underperformed: Operating profit was SEK2.03 billion, lower than the estimated SEK2.33 billion.
  • Industrial Technique Fell Short: Operating profit reached SEK1.56 billion, missing the estimate of SEK1.68 billion.
  • Power Technique Met Expectations: Achieved an operating profit of SEK1.41 billion, matching the estimates.
  • Total Revenue Slightly Below Forecast: Revenue amounted to SEK44.80 billion, narrowly missing the estimate of SEK45.12 billion.
  • Compressor Technique Revenue Beat Estimates: Revenue was SEK20.14 billion, above the estimated SEK19.82 billion.
  • Industrial Technique Revenue Lower: Generated revenue of SEK7.47 billion, slightly under the estimate of SEK7.63 billion.
  • Power Technique Revenue Higher: Revenue of SEK7.39 billion, above the estimated SEK7.29 billion.
  • Analyst Ratings: 11 buy, 12 hold, 5 sell.

A look at Atlas Copco 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

Atlas Copco, an international industrial group, is poised for a promising long-term future based on its Smartkarma Smart Scores. With a strong score of 4 for Growth and Momentum, the company demonstrates solid potential for expansion and market performance. Additionally, its Resilience score of 3 indicates a stable foundation to withstand economic challenges. Although the company’s Value and Dividend scores are more moderate at 2, the overall outlook for Atlas Copco appears positive with a focus on growth and momentum in its operations.

Atlas Copco AB, a global industrial conglomerate, has a diversified portfolio that includes compressed air equipment, mining tools, generators, and various assembly systems. The company’s Smartkarma Smart Scores highlight its strengths in growth and momentum, positioning it well for future success. While there may be room for improvement in areas such as value and dividends, Atlas Copco’s resilience and focus on innovation are key factors that contribute to its overall positive outlook 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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Domino’s Pizza (DPZ) Earnings: 2Q Revenue Matches Estimates with 7.1% Growth, EPS Surges to $4.03

By | Earnings Alerts
  • Domino’s Pizza‘s Q2 revenue reached $1.10 billion, a 7.1% increase from last year, matching estimates.
  • Domestic store sales grew by 4.8%, just shy of the 4.92% estimate.
  • Domestic franchise comparable sales increased by 4.8%, close to the 4.87% estimate.
  • Domestic co-owned comparable sales rose by 4.5%, but were below the 6.08% estimate.
  • International comparable sales grew by 2.1%, surpassing the 0.89% estimate.
  • Earnings per share (EPS) were $4.03, up from $3.08 the previous year.
  • Revenue increase was driven by higher supply chain revenues, U.S. franchise advertising, and U.S. franchise royalties and fees.
  • The quarter included $26.4 million in pre-tax unrealized gains and losses due to remeasurement of investment in DPC Dash.
  • The Board of Directors declared a dividend of $1.51 per share.
  • The company projects global net store growth of 825 to 925 stores in 2024.
  • Guidance metric of 1,100+ global net stores has been temporarily suspended.
  • Expectations are set to fall 175 to 275 stores below the goal of 925+ net stores internationally, mainly due to challenges in store openings and closures faced by a master franchisee.

Domino’s Pizza on Smartkarma

Analysts on Smartkarma, such as Baptista Research, have been closely monitoring Domino’s Pizza Inc.’s recent performance. In a report titled “Domino’s Pizza Inc.: How Are Their Franchisee and Market Pricing Strategies Evolving? – Major Drivers,” the company’s first quarter 2024 results were highlighted, showing a robust performance driven by strong U.S. sales. With a 5.6% increase in U.S. same-store sales attributed to transaction growth and improvements in loyalty programs and promotions, Domino’s demonstrated bullish growth in carryout and lower-income cohort segments. However, international sales exhibited softer growth at 0.9% despite the strong domestic performance.

Furthermore, in the analysis “Domino’s Pizza: Is Its Improving Supply Chain Profitability Enough To Warrant A Bullish Rating? – Major Drivers,” Baptista Research discussed Domino’s positive Q4 results due to its “Hungriest for MORE” strategy focusing on increased sales, store growth, and profits. Highlighting positive U.S. same-store sales and transaction growth in delivery and carryout, Domino’s showcased a strong business momentum. Additionally, the company’s aggressive expansion strategy was evident in adding over 60 new franchisees in 2023, the highest in 15 years, signaling a growth trajectory for Domino’s Pizza.


A look at Domino’s Pizza Smart Scores

FactorScoreMagnitude
Value0
Dividend2
Growth4
Resilience5
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

Domino’s Pizza is looking promising in the long run, according to Smartkarma Smart Scores. The company has particularly strong ratings in Growth and Resilience, with respectable scores in Momentum. These scores indicate that Domino’s Pizza is positioned for expansion and able to weather challenges effectively. Additionally, the company’s moderate Dividend score suggests it provides some returns to investors. While the Value score is lower, the overall outlook appears positive for Domino’s Pizza.

Domino’s Pizza, Inc. has a strategic advantage with its network of Company-owned and franchise stores, both domestically and internationally. The company’s focus on regional dough manufacturing and distribution centers further strengthens its operational capabilities. With high ratings in Growth, Resilience, and Momentum, Domino’s Pizza seems well-equipped to capitalize on opportunities and navigate market fluctuations effectively over the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Bangkok Bank Public (BBL) Earnings: 2Q Net Income Surpasses Estimates at 11.81 Billion Baht

By | Earnings Alerts
  • Bangkok Bank’s 2Q Net Income: Achieved 11.81 billion baht, surpassing the estimate of 10.78 billion baht.
  • Earnings Per Share (EPS): Recorded at 6.19 baht, above the estimated 5.67 baht.
  • Analyst Recommendations: 23 buy ratings, 3 hold ratings, and 2 sell ratings.

A look at Bangkok Bank Public Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE4.2

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

Based on Smartkarma’s Smart Scores, Bangkok Bank Public shows promising potential for long-term investors. With top scores in Value, Growth, and Dividend factors, the company demonstrates strong fundamentals and growth prospects. This indicates that Bangkok Bank Public may offer attractive valuation metrics, solid growth opportunities, and consistent dividend payouts, making it an appealing choice for investors seeking stability and returns.

Although scoring slightly lower in Resilience and Momentum, Bangkok Bank Public‘s overall outlook remains positive, backed by its diversified banking and financial services portfolio. With a robust foundation in commercial and consumer banking, international trade financing, and investment banking, the company is well-positioned to navigate market challenges and capitalize on growth opportunities in the long run.

Summary: Bangkok Bank Public Company Limited provides a wide range of banking and financial services, including commercial and consumer lending, credit cards, mortgage lending, international trade financing, investment banking, and securities services. The company’s strong performance in key areas such as value, growth, and dividends, coupled with its diversified service offerings, indicates a positive long-term outlook for investors.


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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Infosys Ltd (INFO) Earnings: 1Q Operating Margin Surpasses Estimates, Shares Surge

By | Earnings Alerts
  • Infosys reported an operating margin of 21.1% for the first quarter, beating the estimate of 20.7% and last year’s 20.8%.
  • Employee attrition rate stands at 12.7%.
  • Cost of sales increased by 3% year-over-year, reaching 271.77 billion rupees, which slightly exceeded the estimate of 271.33 billion rupees.
  • Infosys shares rose by 2.2%, now priced at 1,764 rupees, with 11.2 million shares traded.
  • Analyst recommendations include 32 buys, 8 holds, and 7 sells.

Infosys Ltd on Smartkarma




Analyst Coverage of <a href="https://smartkarma.com/entities/infosys-ltd">Infosys Ltd</a> on Smartkarma

Analyst coverage on Smartkarma, the independent investment research network, sheds light on Infosys Ltd. Analyst Brian Freitas recently published a report titled “Index Rebalance & ETF Flow Recap,” providing insights on Asian index rebalances and large flows into Asia-focused ETFs. Freitas’ analysis indicates a bearish sentiment, highlighting significant inflows to mainland China ETFs and upcoming rebalance announcements for various indices. This report suggests potential market impacts worth monitoring in the coming weeks.

In another report by Brian Freitas on Smartkarma, titled “India: Free Float Changes & Passive Flows in February,” the focus shifts to potential changes in free float for Indian companies and their impact on domestic and global indices. The report discusses shareholding pattern changes leading to adjustments in float, necessitating active trading by passive trackers. Freitas identifies specific stocks with significant float changes, projecting passive inflows and outflows from global trackers in February. This analysis provides valuable insights for investors tracking the Indian market and passive investment strategies.



A look at Infosys Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience5
Momentum3
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

Infosys Limited, a company providing IT consulting and software services, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a high score in Dividend and Resilience, Infosys demonstrates a strong commitment to rewarding shareholders and the ability to withstand market challenges. Additionally, its moderate scores in Value and Growth indicate a balanced approach towards financial health and future expansion. Although its Momentum score is in the middle range, Infosys’ focus on sectors like insurance, banking, telecommunication, and manufacturing positions it well for steady growth.

In summary, Infosys Limited’s Smartkarma Smart Scores reflect a company with stable dividends, resilience in the face of uncertainties, and a strategic focus on key industries. While there is room for improvement in terms of value and growth factors, Infosys’ strong foundation and targeted market approach bode well for its long-term performance in the IT consulting and software services 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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Taiwan Semiconductor (TSMC) (2330) Earnings: TSMC Beats Estimates, Raises FY Capex Forecast

By | Earnings Alerts
  • TSMC has updated its forecast for capital expenditure in FY 2024 to be between $30 billion and $32 billion, slightly narrowing the previous $28 billion to $32 billion range.
  • Analysts had estimated TSMC’s capital expenditure would be around $29.55 billion.
  • Third Quarter Forecast

  • TSMC expects sales for the third quarter to range between $22.4 billion and $23.2 billion.
  • The company projects a gross margin between 53.5% and 55.5%, exceeding the analyst estimate of 52.5%.
  • Operating margin is forecasted to fall between 42.5% and 44.5%, higher than the analyst estimate of 42.1%.
  • Second Quarter Results

  • TSMC reported a second-quarter net income of NT$247.8 billion, a 36% increase year over year, and above the NT$235 billion estimated by analysts.
  • The gross margin for the second quarter was 53.2%, slightly up from 53.1% in the previous quarter, and higher than the estimated 52.6%.
  • Operating profit reached NT$286.56 billion, growing 42% year over year, surpassing the NT$274 billion estimate.
  • The operating margin was 42.5%, an increase from 42% in the previous quarter, and above the estimated 41.5%.
  • Second-quarter sales totalled NT$673.51 billion, a significant 40% year-over-year increase, compared to the NT$658.14 billion estimated by analysts.
  • TSMC expects its third-quarter business to be primarily supported by the smartphone and AI sectors.
  • The company currently has 35 buy ratings, 1 hold rating, and no sell ratings.

Taiwan Semiconductor (TSMC) on Smartkarma

On Smartkarma, a platform for independent investment research, analysts have been closely following Taiwan Semiconductor (TSMC). William Keating‘s recent report titled “TSMC’s June Revenue Declined 9.5% MoM. Should We Be Worried?” discusses TSMC’s Q224 revenue of US$20.9 billion, which exceeded expectations by $457 million. Despite a 9.5% monthly decline, TSMC saw a significant year-over-year increase of 33.7%. This marks TSMC’s highest revenue quarter ever. YTD revenues are up 28% YoY, aligning well with the company’s forecast for a >20% YoY increase in 2024.

In another optimistic analysis by Patrick Liao, titled “TSMC (2330.TT; TSM.US): CoWoS Demand Continues to Increase in 2024.“, TSMC’s strong growth outlook is highlighted, driven by rising CoWoS demand and impressive stock price performance. The report suggests a potential yearly growth target of around 25% YoY in 2024. Notably, TSMC’s CoWoS demand is on the rise, with capacity expected to increase by approximately 5% this year. TSMC’s stock price has surged by 55% in Taiwan and 66.3% in US markets, leading analysts to believe in further growth opportunities for the company.


A look at Taiwan Semiconductor (TSMC) Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
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

Based on Smartkarma Smart Scores, Taiwan Semiconductor Manufacturing Company (TSMC) has a positive long-term outlook. With strong momentum and growth scores of 5 and 4 respectively, the company is positioned well for future expansion and performance. TSMC is also rated highly for resilience, indicating its ability to weather market challenges effectively. While the value and dividend scores are more moderate at 2, the overall outlook for TSMC is promising based on these scores.

Taiwan Semiconductor Manufacturing Company, Ltd., known for its integrated circuit manufacturing, offers a range of services including wafer manufacturing, assembly, testing, and design services. TSMC’s integrated circuits have diverse applications across industries such as computers, communication, consumer electronics, automotive, and industrial equipment. With solid growth and resilience scores, TSMC appears well-equipped to navigate future market conditions and capitalize on opportunities in the semiconductor 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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M & T Bank Corp (MTB) Earnings: Q2 Beats Estimates with Higher EPS and Lower Credit Loss Provisions

By | Earnings Alerts
  • Provision for credit losses: $150 million (Estimate: $163.7 million)
  • Operating EPS: $3.79 (Estimate: $3.50)
  • Deposits at end-period: $159.91 billion (Estimate: $165.07 billion)
  • Loans and leases at end-period: $135.00 billion (Estimate: $135.4 billion)
  • Cash and due from banks: $1.78 billion (Estimate: $1.94 billion)
  • Net interest income: $1.72 billion (Estimate: $1.7 billion)
  • Net interest margin: 3.59% (Estimate: 3.54%)
  • Tier 1 ratio: 11.4% (Estimate: 11.3%)
  • Return on average common equity: 9.95% (Estimate: 9.27%)
  • Net charge-offs: $137 million (Estimate: $137.8 million)
  • Non-interest income: $584 million (Estimate: $580.1 million)
  • Efficiency ratio: 55.3% (Estimate: 56.6%)

“Building on a strong start to the year, the second quarter results reflect a 24% increase in diluted earnings per common share from the first quarter.”

Analyst ratings: 10 buys, 12 holds, 0 sells


A look at M & T Bank Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience3
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

Based on the Smartkarma Smart Scores, M & T Bank Corp shows a positive long-term outlook across various key factors. With strong scores in Value, Dividend, Growth, and Momentum, the company demonstrates solid fundamentals and potential for future growth. Although Resilience scored slightly lower, the overall outlook for M & T Bank Corp appears promising.

M & T Bank Corp, a bank holding company offering a range of banking, trust, and investment services through its subsidiaries, operates across several states including New York, Maryland, and Pennsylvania. The company’s high scores in key areas indicate a favorable position for investors seeking a reliable and potentially rewarding long-term investment.

Summary: M & T Bank Corporation, a bank holding company, offers commercial banking, trust, and investment services through its branch offices in various states. Its positive Smartkarma Smart Scores suggest a promising long-term outlook for potential investors.


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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Tata Communications (TCOM) Earnings: 1Q Net Income Misses Estimates Despite Revenue Growth

By | Earnings Alerts
  • Net Income: 3.33 billion rupees, down 13% year-over-year, missed the estimate of 3.55 billion rupees.
  • Revenue: 56.3 billion rupees, up 18% year-over-year, but below the estimate of 57.87 billion rupees.
  • Total Costs: 53.3 billion rupees, an increase of 20% year-over-year.
  • EBITDA: 11.2 billion rupees, up 9.8% year-over-year, beating the estimate of 10.95 billion rupees.
  • EBITDA Margin: 20%, compared to 21.5% year-over-year.
  • Fund Raising: Approved INR20 billion via bonds.
  • Bond Sale: Approved for INR20 billion.
  • UK Investment: Approved an investment of $26.8 million in its UK unit.
  • Analyst Ratings: 4 buys, 2 holds, and 2 sells.

A look at Tata Communications Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience2
Momentum2
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

Looking ahead, Tata Communications appears to have a mixed long-term outlook based on the Smartkarma Smart Scores. While the company receives a high score of 5 for Dividends, indicating a strong payout relative to its share price, it falls slightly short in areas such as Value, Resilience, and Momentum, with scores of 2 across the board. This suggests that Tata Communications may not be currently perceived as an undervalued investment option, and it may face challenges in terms of market resilience and momentum compared to its peers.

Despite these considerations, with a Growth score of 3, Tata Communications shows promising potential for expansion and development in the future. As a provider of telecommunications services offering a wide range of international communication solutions, including internet access and electronic data interchange services, the company maintains a diversified portfolio that could support its growth trajectory over the long term.


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

By | Earnings Alerts
  • Net Income: Polycab India reported a net income of 3.96 billion rupees for the first quarter, which is 0.8% lower than the previous year and below the estimated 4.29 billion rupees.
  • Revenue: The company’s revenue for the first quarter was 47 billion rupees, an increase of 21% year-over-year, beating the estimate of 46.36 billion rupees.
  • Wires and Cable Revenue: Revenue from wires and cables rose to 39.4 billion rupees, representing a 12% growth year-over-year.
  • FMEG Revenue: Revenue from Fast-Moving Electrical Goods (FMEG) increased to 3.85 billion rupees, up by 22% year-over-year.
  • Other Revenue: Other revenue surged to 5.19 billion rupees, significantly higher than 1.53 billion rupees in the previous year.
  • Total Costs: The total costs for the quarter stood at 42.2 billion rupees, a 23% increase year-over-year.
  • Analyst Ratings: The company’s stock has 21 buy ratings, 7 hold ratings, and 4 sell ratings.

A look at Polycab India Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.4

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

Polycab India is poised for a promising long-term outlook, as indicated by its Smartkarma Smart Scores. With above-average ratings in Growth, Resilience, and Momentum, the company shows strong potential for sustained success in the future. Polycab India’s focus on expansion and ability to weather challenges in the market position it well for continued growth.

While the Value and Dividend scores are not as high as other factors, the overall positive outlook for Polycab India suggests that investors may find value in the company’s growth prospects and resilience. As a producer and distributor of electronic equipment in India, Polycab India remains well-positioned to capitalize on the evolving market trends and customer demands in the region.


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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Havells India (HAVL) Earnings: 1Q Net Income Misses Estimates Despite 43% YoY Growth

By | Earnings Alerts
  • Net Income: 4.11 billion rupees, representing a 43% year-over-year increase.
  • Net Income Estimate: The estimate was 4.37 billion rupees, so the actual results missed estimates.
  • Revenue: 58 billion rupees, marking a 20% year-over-year increase.
  • Revenue Estimate: The estimate was 57.54 billion rupees, indicating the revenue exceeded expectations.
  • Total Costs: 53.2 billion rupees, an 18% increase year-over-year.
  • Other Income: 770.3 million rupees, up by 19% year-over-year.
  • Analyst Recommendations: 22 buys, 16 holds, and 4 sells.

A look at Havells India Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience5
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

According to Smartkarma Smart Scores, Havells India‘s long-term outlook appears promising. With a resilience score of 5, the company demonstrates strong adaptability and stability, indicating a solid foundation to weather market fluctuations. Additionally, Havells India receives a momentum score of 4, suggesting positive upward trends in the company’s performance and market sentiment. While the growth and dividend scores both stand at a respectable 3, showcasing steady expansion and shareholder returns. However, the value score at 2 implies that the stock may not be deemed undervalued by investors at present.

Havells India Limited, a manufacturer of electrical products, boasts a diverse product portfolio that includes building circuit protection equipment, industrial switchgears, energy meters, cables & wires, modular switches, fans, and lighting products. This broad range of offerings positions the company well in the market. With solid scores in resilience, momentum, growth, and dividend, Havells India appears to be on a path of sustainable growth and stability in the long run, indicating a positive outlook for investors seeking a combination of strength and potential in the electrical sector.


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


 

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

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  • βœ“ Unlimited Research Summaries
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