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Smartkarma Newswire

Principal Financial (PFG) Earnings: 2Q AUM Meets Estimates with $699.2 Billion Under Management

By | Earnings Alerts
  • Principal Global Investors’ assets under management (AUM) totaled $513.2 billion.
  • This figure met the estimated AUM of $518.01 billion.
  • Principal Asset Management reported an AUM of $553.1 billion.
  • Total assets under management for Principal Financial Group (PFG) reached $699.2 billion.
  • Principal International’s AUM was $171.1 billion, slightly below the estimated $175.9 billion.
  • Investment recommendations included 1 buy, 12 holds, and 1 sell.

A look at Principal Financial Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.4

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

Principal Financial Group, Inc. presents a mixed bag of Smart Scores as per the analysis by Smartkarma. With a solid Dividend score of 4 and Resilience score of 4, the company demonstrates strength in rewarding investors and withstanding market challenges. This indicates a stable income stream for investors and a certain level of protection during economic uncertainties. On the other hand, the Value, Growth, and Momentum scores standing at 3 each suggest moderate performance in terms of undervaluation, future growth potential, and market sentiment momentum.

Considering the company’s primary focus on providing financial products and services to a wide range of clients, including retirement solutions and insurance products, the outlook for Principal Financial appears cautiously optimistic for long-term investors. While not excelling in any particular factor, the combination of consistent dividends and resilience could offer a steady return on investment over time, balancing potential growth opportunities. Investors may find Principal Financial a reliable choice for a diversified and stable portfolio.


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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Crown Castle Intl (CCI) Earnings: 2Q AFFO/Share Misses Estimates Despite Revenue Beat

By | Earnings Alerts
  • 2Q AFFO/Share Miss: Reported AFFO/share is $1.62, below the estimate of $1.66.
  • FFO Figures: FFO per share came in at $1.54, slightly below the estimate of $1.58.
  • Net Revenue: Net revenue was $1.63 billion, just above the estimate of $1.62 billion.
  • Segment Revenues:
    • Towers Segment: Revenue matched the estimate at $1.11 billion.
    • Fiber Segment: Revenue was $519 million, below the estimate of $523.9 million.
  • Site Rental Revenues: Achieved $1.58 billion, higher than the estimate of $1.55 billion.
  • Service and Other Revenue: Reported $46 million, significantly below the estimate of $55.3 million.
  • Overall FFO and AFFO: FFO totaled $669 million (estimate: $673.6 million) and AFFO totaled $704 million (estimate: $717.4 million).
  • Adjusted EBITDA: Matched the estimate at $1.01 billion.
  • Year Forecasts:
    • FFO: $2.86 billion to $2.89 billion (estimate: $2.91 billion).
    • AFFO: $3.01 billion to $3.06 billion (estimate: $3.03 billion).
    • Site Rental Revenues: $6.32 billion to $6.36 billion (estimate: $6.35 billion).
    • Adjusted EBITDA: $4.14 billion to $4.19 billion (estimate: $4.17 billion).
  • Core Leasing Activity for Full Year 2024:
    • Expected contribution: $305 million to $335 million.
    • From towers: $105 million to $115 million (2023: $126 million).
    • From small cells: $65 million to $75 million (2023: $28 million).
    • From fiber solutions: $135 million to $145 million (2023: $120 million).
  • Small Cell Organic Growth: Expected to be 10% in 2024, excluding Sprint cancellations and non-recurring revenues.
  • Interest Expense: Expected to be $78 million to $123 million higher than 2023, due to incremental debt financing for discretionary capital expenditures.
  • Operational Changes: Implemented changes in June, leading to field office and staffing reductions. This is expected to result in $100 million annualized run-rate operating cost savings.
  • Analyst Recommendations: 7 buys, 14 holds, and 2 sells.

A look at Crown Castle Intl Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth4
Resilience2
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

According to the Smartkarma Smart Scores, Crown Castle Intl has a promising long-term outlook based on its high scores in Dividend and Growth. With a strong score of 5 in Dividend and 4 in Growth, the company appears well-positioned to provide stable returns to investors while also exhibiting potential for expansion in the future. Despite lower scores in Value and Resilience, the company’s momentum score of 3 suggests a decent level of market momentum that could drive further growth.

Crown Castle International Corp., a real estate investment trust, operates and leases towers for wireless communications, managing infrastructure sites in the United States and Australia. With a focus on providing reliable wireless communication coverage, the company’s high Dividend and Growth scores indicate a positive outlook for investors seeking both income and potential capital appreciation 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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United Airlines Holdings (UAL) Earnings: 2Q Adjusted EPS Surpasses Estimates at $4.14

By | Earnings Alerts






  • Adjusted EPS: $4.14 vs. $5.03 y/y, beat the estimate of $3.93.
  • Operating Revenue: $14.99 billion, up 5.7% y/y, slightly below the estimate of $15.04 billion.
  • Passenger Revenue: $13.68 billion, up 5.2% y/y, slightly below the estimate of $13.74 billion.
  • Cargo Revenue: $414 million, up 14% y/y, exceeding the estimate of $376.8 million.
  • Other Revenue: $892 million, up 9.6% y/y, surpassing the estimate of $881.4 million.
  • PRASM: 17.17 cents, down 2.9% y/y.
  • Revenue Passenger Miles: 67.06 billion, up 5.5% y/y, below the estimate of 67.73 billion.
  • Average Yield per Revenue Passenger Mile: 20.40 cents vs. 20.46 cents y/y.
  • Available Seat Miles: 79.68 billion, up 8.3% y/y, beating the estimate of 78.73 billion.
  • Load Factor: 84.2% vs. 86.4% y/y, below the estimate of 85.9%.
  • Fuel Consumed: 1.13 billion gallons, up 6.8% y/y, slightly above the estimate of 1.12 billion gallons.
  • Average Price per Fuel Gallon: $2.76, up 3.8% y/y, below the estimate of $2.81.
  • Full-Year 2024 EPS Projection: Company expects adjusted diluted EPS of $9 to $11.
  • Analyst Ratings: 20 buys, 1 hold, 1 sell.



United Airlines Holdings on Smartkarma

Analysts on Smartkarma, like Baptista Research, are closely following United Airlines Holdings. In a recent report titled “United Airlines: Are The Recent Delays & Safety Concerns A Major Factor That Could Slow Them Down? – Key Drivers,” Baptista Research highlighted that during the latest fourth quarter and full-year 2023 earnings, United Airlines’ management team expressed positive sentiments. Despite facing global headwinds, the airline’s performance for 2023 was seen as a clear demonstration of the effectiveness of its United Next plan, supported by diversified revenue streams and strong operational metrics. United Airlines also surpassed expectations by posting full-year EPS above $10, meeting its initial target range.


A look at United Airlines Holdings Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE2.8

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

United Airlines Holdings Inc, a prominent airline holding company, appears to have a promising long-term outlook based on the Smartkarma Smart Scores. With strong scores in Value and Growth, the company seems well-positioned in terms of financial health and potential for expansion. The high value score reflects a favorable assessment of the company’s undervaluation compared to its intrinsic worth, while a solid growth score indicates positive expectations for future business development. Despite lower scores in Dividend, Resilience, and Momentum, the overall outlook for United Airlines Holdings is optimistic, driven by its robust value and growth prospects.

As an airline industry player with substantial operations both domestically and internationally, United Airlines Holdings Inc has shown resilience amidst challenges. While the company’s lower scores in Dividend and Resilience suggest areas for potential improvement, its strengths in Value and Growth paint a promising picture for the future. The neutral momentum score indicates steady performance without significant fluctuations. Overall, United Airlines Holdings appears well-positioned to capitalize on opportunities for growth and value creation, despite facing some headwinds in terms of dividend payouts and resilience measures.


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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Northern Trust (NTRS) Earnings: Q2 Provision for Credit Losses Exceeds Estimates, EPS Soars to $4.34

By | Earnings Alerts
  • Provision for credit losses: $8.0 million, significant turnaround from a recovery of $15.5 million last year.
  • Earnings per Share (EPS): $4.34, a strong increase from $1.56 last year, and surpassing the estimate of $2.94.
  • Non-interest expenses: $1.53 billion, up 15% from last year, and higher than the estimated $1.35 billion.
  • Return on average common equity: 31.2%, more than doubling from 12.4% last year.
  • Return on average assets: 2.44%, a substantial increase from 0.91% last year.
  • Assets under custody/administration: $16.57 trillion, a 14% increase from last year.
  • Assets under custody: $13.04 trillion, up 16% from last year, exceeding the estimate of $12.97 trillion.
  • Assets under management: $1.53 trillion, a 12% increase year-over-year, slightly below the estimate of $1.55 trillion.
  • Trust, investment & other servicing fees: $1.17 billion, a 6.4% increase year-over-year, meeting the estimate.
  • Effective tax rate: 23.6%, down from 24.7% last year, and below the estimated 24.5%.
  • FTE revenue: $2.72 billion, a significant 54% increase from last year, surpassing the estimate of $1.84 billion.
  • Net interest margin FTE: 1.57%, a slight decrease from 1.61% last quarter, and below the estimate of 1.59%.
  • Net interest income FTE: $529.8 million, a slight 1% decrease from last quarter, but above the estimate of $520 million.
  • Stock performance: Shares fell by 4.2% to $86.99 on a volume of 611,326 shares traded.
  • Analyst ratings: 3 buys, 11 holds, and 3 sells.

A look at Northern Trust Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE4.0

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

According to Smartkarma’s Smart Scores, Northern Trust Corporation seems to have a positive long-term outlook. With high scores in Value, Dividend, and Momentum, the company appears to be in a strong position. Its focus on providing investment management and banking solutions for corporations and individuals bodes well for its overall growth potential. Additionally, Northern Trust‘s resilience score suggests that the company may be well-equipped to weather any market fluctuations effectively.

As a financial holding company, Northern Trust Corporation is known for its expertise in investment management, asset administration, and banking services. Its solid scores in various factors indicate a promising outlook for the company’s future performance. With a strong emphasis on value, dividend payments, and maintaining momentum, Northern Trust seems positioned for continued success in the financial 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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### Prologis Inc (PLD) Earnings: Narrowed FY Core FFO Forecast and Strong Q2 Results Exceed Estimates

By | Earnings Alerts
  • FY Core FFO Forecast Narrowed: Prologis now expects Core Funds From Operations (FFO) per share between $5.39 and $5.47, slightly up from the previous range of $5.37 to $5.47.
  • EPS Forecast Increase: The Earnings Per Share (EPS) forecast is revised to a range of $3.25 to $3.45, up from $3.15 to $3.35.
  • Second Quarter Core FFO: Core FFO per share for the second quarter is $1.34, surpassing the estimate of $1.33.
  • Second Quarter EPS: EPS for Q2 stands at $0.92.
  • Occupancy Rate: Occupancy in the second quarter was 96.1%, just below the forecasted 96.5%.
  • Revenue Beat Estimates: Revenue for the second quarter was $2.01 billion, higher than the estimate of $1.94 billion.
  • Operating Income: Operating income for Q2 was $1.02 billion.
  • Net Operating Income: Net operating income was reported at $1.41 billion.
  • Meeting Core FFO Expectations: Core FFO for the quarter came in at $1.28 billion, slightly exceeding the estimate of $1.27 billion.
  • Slight Increase in General and Administrative Expenses: These expenses were $106.6 million, marginally higher than the expected $105.3 million.
  • CEO’s Comments: Hamid R. Moghadam, Co-founder and CEO, stated, “We continue to outperform the industry, driven by our team and the quality of our assets.”
  • Stock Recommendations: Analysts’ ratings include 21 buys, 6 holds, and 0 sells.

A look at Prologis Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.4

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

Prologis Inc, a leading industrial real estate company with a global presence across the Americas, Europe, and Asia, has garnered positive outlook scores across various key factors. With a solid dividend score of 4 and robust growth score of 4, the company demonstrates promising potential for long-term investors looking for stable returns and expansion possibilities. Additionally, Prologis Inc scores well in resilience and momentum, highlighting its ability to withstand market disruptions and maintain a steady growth trajectory. Although the value score is at a moderate level of 3, the overall outlook remains positive for Prologis Inc, making it a potentially attractive investment option in the industrial real estate sector.

Prologis Inc stands out as a prominent player in the industrial real estate sector, offering modern distribution facilities to a diverse range of customers including manufacturers, retailers, and logistics providers. The company’s strong emphasis on global and regional markets underscores its strategic positioning for long-term growth and stability. With favorable scores in dividend, growth, resilience, and momentum, Prologis Inc showcases a solid foundation for sustained performance and value creation for investors. Overall, Prologis Inc‘s balanced profile across key factors bodes well for its ability to navigate market dynamics and capitalize on opportunities in the industrial real estate landscape.


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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Ally Financial (ALLY) Earnings: 2Q Deposit Misses and Key Metrics Revealed

By | Earnings Alerts
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  • Total Deposits: $152.15 billion, missing the estimate of $155.1 billion.
  • Core Return on Tangible Common Equity: +14%, well above the estimate of +9.17%
  • Net Interest Margin: 3.27% compared to 3.38% last year, slightly above the estimate of 3.26%.
  • Adjusted EPS: 97 cents, exceeding the estimate of 64 cents and last year’s 96 cents.
  • Net Revenue: $2.00 billion, down 3.8% from last year and below the estimate of $2.03 billion.
  • Provision for Loan Losses: $457.0 million, up 7% from last year but below the estimate of $488.3 million.
  • Net Charge-Offs: $435 million, up 9% from last year but below the estimate of $481.3 million.
  • Net Charge-Offs Ratio: 1.26% compared to 1.16% last year.
  • Consumer Auto Originations: $9.8 billion, down 5.8% from last year and below the estimate of $10.51 billion.
  • Future Net Interest Margin Outlook: Around 3.3% for the year.
  • Stock Buybacks: No share buybacks on the open market during the quarter.
  • Analyst Ratings: 12 buys, 9 holds, 2 sells.

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Ally Financial on Smartkarma



Analysts on Smartkarma are bullish on Ally Financial, as highlighted in a recent report by Value Investors Club. The author of the report sees significant long-term growth potential in Ally’s stock, suggesting it could triple in value. Despite potential short-term risks, Ally is viewed favorably due to its strong capital position and strategic focus on digital banking. The company’s commitment to pricing and underwriting discipline adds to its appeal, with analysts confident in Ally’s ability to navigate challenges. This positive sentiment is underpinned by expectations of benefiting from potential economic recovery and rising interest rates.




A look at Ally Financial Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience2
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

Ally Financial Inc., a leading automotive financial services company with a direct banking arm, is showing promising signs for its long-term outlook based on the Smartkarma Smart Scores. With strong ratings in Value and Momentum, scoring 4 and 4 respectively, Ally Financial is positioned well in terms of its underlying value and market momentum. These scores suggest that the company is considered undervalued and has positive price momentum, which could attract investors looking for growth potential.

While the company scores slightly lower in Dividend, Growth, and Resilience with ratings of 3, 3, and 2 respectively, Ally Financial‘s overall outlook remains positive. The company’s diversified portfolio and strategic position in the automotive financial services sector indicate resilience to market fluctuations. Investors may find Ally Financial a solid choice for long-term growth prospects backed by its robust financial services platform and banking infrastructure.


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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Northern Trust (NTRS) Earnings: Q2 Provision for Credit Losses Beats Estimates with Strong EPS Growth

By | Earnings Alerts
  • Provision for Credit Losses: $8.0 million compared to a recovery of $15.5 million last year; estimated was $8.8 million.
  • Earnings Per Share (EPS): $4.34 versus $1.56 last year; estimated was $1.75.
  • Non-interest Expenses: $1.53 billion, up 15% year-over-year; estimated was $1.35 billion.
  • Return on Average Common Equity: 31.2%, compared to 12.4% last year.
  • Return on Average Assets: 2.44%, compared to 0.91% last year.
  • Assets Under Custody/Administration: $16.57 trillion, up 14% year-over-year.
  • Assets Under Custody: $13.04 trillion, up 16% year-over-year; estimated was $12.97 trillion.
  • Assets Under Management: $1.53 trillion, up 12% year-over-year; estimated was $1.55 trillion.
  • Trust, Investment & Other Servicing Fees: $1.17 billion, up 6.4% year-over-year; matched the estimated $1.17 billion.
  • Effective Tax Rate: 23.6%, compared to 24.7% last year; estimated was 24.5%.
  • FTE Revenue: $2.72 billion, up 54% year-over-year; estimated was $1.84 billion.
  • Net Interest Margin (FTE): 1.57%, compared to 1.61% quarter-over-quarter; estimated was 1.59%.
  • Net Interest Income (FTE): $529.8 million, down 1% quarter-over-quarter; estimated was $520 million.
  • Analyst Ratings: 3 buys, 11 holds, and 3 sells.

A look at Northern Trust Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE4.0

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

Analysts reviewing the Smartkarma Smart Scores for Northern Trust have highlighted a positive long-term outlook for the company. With solid scores in key areas such as value, dividend, and momentum, Northern Trust is positioned well for growth and stability. The company’s resilience score of 5 indicates a strong ability to weather market fluctuations, making it an attractive option for investors looking for stability in their portfolios.

As a financial holding company offering a range of investment management and banking services, Northern Trust is known for providing solutions to corporations, institutions, and high-net-worth individuals. The company’s focus on banking operations, coupled with its high scores across various factors, suggests a promising future for Northern Trust in the financial 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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LTIMindtree (LTIM) Earnings: 1Q Net Income Falls Short of Estimates Despite Revenue Beat

By | Earnings Alerts
  • LTIMindtree‘s net income for Q1 was 11.34 billion rupees, missing the estimate of 11.61 billion rupees.
  • Revenue came in at 91.43 billion rupees, surpassing the estimate of 90.75 billion rupees.
  • Total costs for the quarter amounted to 78.44 billion rupees.
  • The EBITDA margin was 17.6%, slightly below the estimate of 17.9%.
  • The EBIT margin stood at 15%.
  • Employee attrition rate was reported at 14.4%.
  • LTIMindtree has a total of 81,934 employees.
  • Analyst ratings include 17 buys, 10 holds, and 14 sells.

LTIMindtree on Smartkarma



Analysts on Smartkarma, such as Janaghan Jeyakumar, CFA, are keeping a close eye on LTIMindtree, with a bearish outlook. In the research report titled “Quiddity Leaderboard NIFTY Sep 24,” Jeyakumar highlights LTIMindtree as a potential candidate for removal from the NIFTY 50 index. This index represents the 50 largest stocks on the National Stock Exchange (NSE) of India. The report suggests that there might be at least one change in the NIFTY 50 index in September 2024, with LTIMindtree in focus as a potential deletion. The analysis also mentions the NIFTY Next 50 index, which tracks the next 50 largest names, indicating the possibility of up to five changes in that index.



A look at LTIMindtree 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

LTIMindtree Limited, a provider of information technology services and solutions, has received varying scores across different factors according to Smartkarma Smart Scores. While the company excels in areas such as Dividend and Resilience with scores of 5, hinting at a strong dividend policy and ability to weather market challenges, it falls short in Value with a score of 2. The Growth and Momentum scores stand at 3, indicating a moderate outlook in terms of future growth potential and market momentum. Overall, the company’s performance in Dividend and Resilience showcases stability and investor-friendly policies, which could attract long-term investors.

LTIMindtree‘s Smartkarma Smart Scores highlight a mixed outlook for the company. With a strong focus on dividends and a resilient business model, investors may find comfort in the company’s stability. However, the moderate scores in Growth and Momentum suggest that while there is room for improvement and potential growth, it may not be as robust as some of its competitors. The lower Value score could indicate that the market may not perceive the company as undervalued. Investors looking for steady dividends and a company with proven resilience may find LTIMindtree appealing for their long-term investment portfolios.


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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US Bancorp (USB) Earnings: Q2 Metrics Beat Estimates, Adjusted EPS at 98c

By | Earnings Alerts
  • Total average deposits for 2Q were $513.91 billion, slightly below the estimate of $514.04 billion.
  • Total average loans were $374.69 billion, exceeding the estimate of $374.18 billion.
  • There was a 2.2% increase in average total deposits.
  • Average loans grew by 1%.
  • Adjusted earnings per share (EPS) came in at 98 cents, above the estimate of 94 cents.
  • Reported EPS was 97 cents.
  • Provision for credit losses was $568 million, lower than the estimate of $594.2 million.
  • Net charge-offs totaled $538 million, slightly higher than the estimate of $536.5 million.
  • Net interest income on an FTE basis was $4.05 billion, surpassing the estimate of $3.99 billion.
  • Net interest margin was 2.67%, just under the estimate of 2.68%.
  • Non-interest income was $2.82 billion, marginally below the estimate of $2.84 billion.
  • The Basel III common equity Tier 1 ratio was 10.3%, slightly above the estimate of 10.2%.
  • The efficiency ratio stood at 61%, better than the estimate of 61.4%.
  • Return on average assets was 0.97%, above the estimate of 0.94%.
  • Return on average equity reached 12.4%, surpassing the estimate of 11.8%.
  • Non-interest expenses were exactly as estimated at $4.21 billion.
  • The effective tax rate was 21.6%, lower than the estimate of 21.9%.
  • Analyst ratings: 10 buys, 15 holds, and 0 sells.

A look at US Bancorp Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience4
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

Based on the Smartkarma Smart Scores, U.S. Bancorp appears to have a solid long-term outlook. With strong scores in Value, Dividend, and Resilience, the company is positioned well to weather economic fluctuations and provide consistent returns to investors. This indicates that U.S. Bancorp may offer stability and reliability in terms of financial performance.

While the Growth and Momentum scores are slightly lower, the overall picture suggests that U.S. Bancorp is a well-established player in the financial services sector with a focus on delivering value and dividends to shareholders. As a diversified company operating mainly in the Midwest and Western United States, U.S. Bancorp’s mix of services including lending, depository services, and credit card offerings positions it well for long-term success 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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Citizens Financial (CFG) Earnings: 2Q Underlying EPS Exceeds Expectations at 82c

By | Earnings Alerts
  • Citizens Financial 2Q Underlying EPS: 82 cents.
  • Estimated EPS: 79 cents.
  • Reported EPS: 78 cents.
  • Analyst Recommendations:
    • 12 Buy
    • 11 Hold
    • 1 Sell

A look at Citizens Financial Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
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

Smartkarma Smart Scores indicate a promising long-term outlook for Citizens Financial Group Inc. The company scores high in Value and Dividend, showcasing strong fundamentals and attractive returns for investors. With a solid score in Momentum, Citizens Financial is demonstrating positive market momentum, which could lead to further growth opportunities in the future. While Growth and Resilience scores are slightly lower, they still present a stable and growing financial institution in the long run.

Citizens Financial Group Inc. stands out in the banking industry by providing a comprehensive range of commercial banking services to both retail and institutional customers. Offering a variety of financial products such as consumer loans, commercial loans, mortgage loans, deposit products, internet banking, and trust services, Citizens Financial caters to diverse financial needs. With favorable Smartkarma Smart Scores across key factors, Citizens Financial appears well-positioned to deliver value and dividends to its investors in the coming years.


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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