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Smartkarma Newswire

Wise PLC (WISE) Earnings: 1Q Volume Exceeds Estimates with Strong Growth Forecast for FY25

By | Earnings Alerts
  • Wise reports a total transaction volume of GBP33.2 billion for the first quarter, surpassing the estimate of GBP32.24 billion.
  • Personal transaction volume hits GBP24.5 billion, higher than the estimated GBP24.01 billion.
  • The number of personal customers reaches 7.96 million, slightly below the estimate of 8.11 million.
  • The company has 412,000 business customers, falling short of the estimated 423,751.
  • Business transaction volume records GBP8.7 billion, above the expected GBP8.43 billion.
  • Total customer base stands at 8.37 million, just under the forecasted 8.44 million.
  • Wise forecasts underlying income growth of 15% to 20% for the year 2025.
  • The company reports an underlying income of Β£325.4 million for Q1, marking a 22% year-over-year increase.
  • Focus remains on long-term growth opportunities in cross-border volumes with a target profit before tax margin of 13-16%.
  • Volume growth in Q1 is attributed to the increasing number of active customers.
  • Expectation of strong growth in FY25 with underlying income projected to rise 15-20% over FY24.
  • Analyst recommendations include 13 buys, 5 holds, and 2 sells.

A look at Wise PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience5
Momentum2
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, Wise PLC shows a promising long-term outlook. With a high Growth score of 5, the company is expected to experience strong expansion and development in the future. Additionally, the Resilience score of 5 indicates that Wise PLC is well-positioned to withstand market challenges and economic downturns, providing a stable foundation for continued success. Despite a lower Value score of 2, the overall positive momentum of the company, as reflected in its score of 2, suggests growing investor interest and potential for future growth.

Wise PLC, a company that specializes in designing and developing software solutions for international multi-currency money transfers, has received favorable ratings in key areas. While the Dividend score is on the lower end at 1, indicating a lower focus on dividend payouts, the strong emphasis on Growth and Resilience with scores of 5 each highlights the company’s potential for sustained expansion and ability to navigate through challenging market conditions. Investors may view Wise PLC as a growth-oriented and resilient company with a positive trajectory for the future.


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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Toho Co Ltd (9602) Earnings: 1Q Operating Income Surpasses Estimates with Remarkable 34% Growth

By | Earnings Alerts
  • Operating income for Toho/Tokyo in 1Q 2024 was 24.58 billion yen, a 34% increase year-over-year (y/y) and above the estimate of 19.02 billion yen.
  • Cinema operating profit reached 20.10 billion yen, up by 53% y/y, surpassing the estimate of 14.27 billion yen.
  • Theatrical operating profit decreased by 17% y/y to 1.01 billion yen, slightly below the estimate of 1.08 billion yen.
  • Real Estate operating profit was 4.74 billion yen, down by 8.2% y/y, missing the estimate of 4.91 billion yen.
  • Net income for 1Q 2024 came in at 16.15 billion yen, 31% higher y/y, and above the estimated 12.1 billion yen.
  • Net sales were reported as 85.98 billion yen, an increase of 16% y/y, and higher than the estimate of 81.21 billion yen.
  • The 2025 forecast remains unchanged with expectations of operating income at 55.00 billion yen versus an estimate of 58.44 billion yen.
  • For 2025, net income is still expected to be 39.00 billion yen compared to the estimate of 41.4 billion yen.
  • Projected net sales for 2025 are steady at 280.00 billion yen, slightly below the estimate of 284.66 billion yen.
  • The anticipated dividend for 2025 remains at 70.00 yen, close to the estimate of 71.38 yen.
  • Analyst recommendations include 8 buys, 1 hold, and 0 sells.

A look at Toho Co Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
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

TOHO CO., LTD. is positioned for a promising long-term outlook supported by above-average scores in key aspects. With a strong emphasis on growth and resilience, the company’s future looks promising. Its focus on producing and distributing motion pictures, along with its diverse revenue streams from character merchandise and foreign film distribution, provides a solid foundation for sustained growth.

Furthermore, Toho Co Ltd‘s commitment to maintaining a balance between value and dividends, along with a respectable momentum score, indicates a well-rounded approach to investor returns and company performance. Overall, Toho Co Ltd‘s strategic position in the entertainment industry and solid performance across various Smartkarma Smart Scores suggest a positive trajectory 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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Cie Financiere Richemont (CFR) Earnings: 1Q Sales At Constant Exchange Rates Fall Short of Estimates

By | Earnings Alerts
  • Sales at constant exchange rates grew by 1%, below the estimate of 1.27%.
  • Europe revenue at constant exchange rates increased by 5%, slightly surpassing the estimate of 4.83%.
  • Americas revenue at constant exchange rates grew by 10%, beating the estimate of 8.21%.
  • Asia Pacific revenue at constant exchange rates dropped by 18%, worse than the estimate of a 15.1% decline.
  • Middle East and Africa revenue at constant exchange rates rose by 8%, significantly missing the estimate of 18.3%.
  • Japan revenue at constant exchange rates soared by 59%, far exceeding the estimate of 34.4%.
  • Retail sales at constant exchange rates were up by 2%, slightly below the estimate of 2.5%.
  • Online retail sales at constant exchange rates increased by 6%, well above the estimate of a 1.31% decline.
  • Wholesale & royalty income sales at constant exchange rates fell by 5%, marginally under the estimate of a 4.49% decline.
  • Jewellery Maisons sales at constant exchange rates grew by 4%, better than the estimate of 2.04%.
  • Specialist Watchmakers sales at constant exchange rates declined by 13%, significantly below the estimate of a 3.84% decline.
  • Other sales at constant exchange rates increased by 6%, surpassing the estimate of 0.56%.
  • Total sales were EU5.27 billion, slightly down by 1% year-over-year, and just under the estimate of EU5.28 billion.
  • Europe sales were EU1.17 billion, missing the estimate of EU1.19 billion.
  • Asia Pacific sales were EU1.81 billion, below the estimate of EU1.95 billion.
  • Americas sales were EU1.22 billion, just above the estimate of EU1.2 billion.
  • Japan sales were EU603 million, far above the estimate of EU506.5 million.
  • Middle East and Africa revenue was EU470 million, missing the estimate of EU482.4 million.
  • Retail sales were EU3.63 billion, under the estimate of EU3.71 billion.
  • Online sales were EU315 million, exceeding the estimate of EU300.9 million.
  • Wholesale & royalty income was EU1.32 billion, just below the estimate of EU1.34 billion.
  • Jewellery Maisons sales were EU3.66 billion, better than the estimate of EU3.63 billion.
  • Specialist Watchmakers sales were EU911 million, under the estimate of EU1.01 billion.
  • Other sales were EU701 million, above the estimate of EU660.1 million.
  • Analyst ratings include 19 buys, 13 holds, and 1 sell.

A look at Cie Financiere Richemont Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.6

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

Compagnie Financiere Richemont SA, a luxury goods manufacturer and retailer, is poised for a positive long-term outlook based on its Smartkarma Smart Scores. The company received strong scores across various factors, with a Growth score of 4 indicating promising prospects for expansion and development. Additionally, Richemont scored well in Resilience and Momentum, highlighting its ability to withstand challenges and maintain a strong market position.

While the Value and Dividend scores for Richemont are moderate at 3, the overall outlook for the company appears favorable, supported by its strong performance in key areas. With a diverse portfolio of luxury items and a global customer base, Compagnie Financiere Richemont is well-positioned for continued growth and success in the luxury goods market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Swedbank AB (SWEDA) Earnings: 2Q Net Income Surpasses Estimates with SEK8.60 Billion

By | Earnings Alerts
  • Swedbank’s net income for Q2 is SEK 8.60 billion, beating the estimate of SEK 7.95 billion.
  • Net interest income stands at SEK 12.17 billion, slightly lower than the estimate of SEK 12.23 billion.
  • Net fee and commission income reached SEK 4.17 billion, surpassing the estimate of SEK 4.1 billion.
  • Total income amounted to SEK 18.24 billion, higher than the forecast of SEK 17.87 billion.
  • Total expenses were SEK 6.47 billion, slightly above the estimated SEK 6.37 billion.
  • Profit before impairments, Swedish bank tax, and resolution fees was SEK 11.77 billion, exceeding the estimate of SEK 11.45 billion.
  • The common equity Tier 1 ratio is 20.1%, above the expected 19.6%.
  • Earnings per share (EPS) came in at SEK 7.61, beating the estimate of SEK 7.08.
  • Analyst ratings include 11 buys, 11 holds, and 3 sells.

A look at Swedbank AB Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience2
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

Swedbank AB, a financial institution offering a range of services including retail banking and asset management, demonstrates a strong overall outlook based on the Smartkarma Smart Scores analysis. With high scores in Dividend and Value, the bank is positioned well for long-term stability and potential returns for investors. Additionally, its solid score in Growth points towards the company’s potential for future expansion and profitability. However, lower scores in Resilience and Momentum indicate areas where Swedbank AB may face challenges in the future, possibly related to market volatility and growth sustainability.

In summary, Swedbank AB stands out for its diverse offerings in retail banking, asset management, and financial services. While the company shows promising signs of value, dividend payouts, and growth prospects, investors should also consider factors such as resilience and momentum when assessing the bank’s long-term prospects in the ever-evolving financial market.


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

By | Earnings Alerts
  • SEB’s Common Equity Tier 1 ratio for the quarter stands at 19%.
  • This matches the estimated ratio of 19%.
  • Interest rate cuts during the quarter led to a decrease in net interest income.
  • Despite this, SEB experienced improved momentum in other business areas.
  • Current analyst recommendations include:
    • 8 buy ratings
    • 9 hold ratings
    • 6 sell ratings

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) appears to have a positive long-term outlook based on its Smartkarma Smart Scores. The bank scores high in Dividend, Growth, Value, and Momentum, indicating strong performance in these areas. With a solid dividend score and positive growth prospects, SEB may be an attractive choice for investors looking for stable returns and potential capital appreciation.

However, the bank’s lower score in Resilience suggests that there may be some vulnerabilities in its ability to weather economic downturns. Despite this, SEB’s overall outlook seems promising, especially for investors seeking a balance of income generation and growth potential in the long run.

**Summary of SEB:**
Skandinaviska Enskilda Banken AB (SEB) is a North European financial banking group offering corporate, institutional, and private banking services. With a presence in multiple countries and a wide range of financial products and services, SEB caters to diverse client needs including savings accounts, investment banking, securities brokerage, loans, pensions, and insurance products.


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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Rio Tinto PLC (RIO) Earnings: 2Q Pilbara Ore Shipments Meet Estimates, Mixed Performance in Other Sectors

By | Earnings Alerts
  • **Pilbara Iron Ore Shipments:** 80.3 million tons, close to the estimate of 80.5 million tons.
  • **Pilbara Iron Ore Production:** 79.5 million tons on a 100% basis.
  • **Copper Production:** 153,300 tons, lower than the estimate of 162,809 tons.
  • **Bauxite Production:** 14.7 million tons, higher than the estimate of 13.74 million tons.
  • **Alumina Production:** 1.68 million tons, below the estimate of 1.89 million tons.
  • **Aluminum Production:** 824,000 tons, slightly less than the estimate of 837,241 tons.
  • **IOC Iron Ore Pellets and Concentrate:** 2.2 million tons, significantly below the estimate of 2.71 million tons.
  • **Year Forecast for Pilbara Iron Ore:** Shipments predicted to be between 323 million and 338 million tons.
  • **Pilbara Unit Cost Per Ton:** Expected to be between $21.75 and $23.50.
  • **Copper C1 Unit Cost:** Estimated between $1.40 and $1.60 per pound.
  • **Investment Ratings:** 14 buys, 9 holds, 0 sells.

Rio Tinto PLC on Smartkarma

Analyst coverage on Rio Tinto PLC by Jesus Rodriguez Aguilar on Smartkarma reveals insights from the “Selected European HoldCos and DLC: January’24 Report.” The report highlights that discounts to NAV for covered holdcos mostly tightened in January. Of particular interest were trades involving GBL vs. listed assets, Porsche SE vs. listed assets, and the spread of Rio. The discounts to NAV for various holdcos showed changes, with notable adjustments for C.F.Alba, GBL, Heineken Holding, IndustrivΓ€rden C, Investor B, and Porsche Automobile Holding. The Rio DLC spread widened slightly, indicating shifting market dynamics.


A look at Rio Tinto PLC Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
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

Rio Tinto PLC, an international mining company with a diverse portfolio, shows a promising outlook according to the Smartkarma Smart Scores analysis. The company’s strong focus on dividends is evident with a top score in this category, indicating a reliable income source for investors. Additionally, Rio Tinto PLC demonstrates solid resilience and momentum, suggesting stability and potential for sustained growth in the long run.

While the company scores moderately in terms of value and growth factors, its overall position seems favorable for investors seeking a combination of steady dividends, resilience in challenging times, and consistent momentum for future development. Rio Tinto PLC‘s wide-ranging interests in various minerals further underline its potential for continued success in the mining 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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Citigroup Inc (C) Earnings: June Charge-Offs Rise to 2.47%, Delinquencies at 1.36%

By | Earnings Alerts
  • Charge-Offs: In June, Citigroup experienced charge-offs at a rate of 2.47%.
  • Delinquencies: The delinquency rate for Citigroup in June was 1.36%.
  • Analyst Ratings: Citigroup had 14 analysts recommending a ‘Buy,’ 11 recommending a ‘Hold,’ and none recommending a ‘Sell.’

Citigroup Inc on Smartkarma



Analysts on Smartkarma, like Daniel Tabbush, have recently covered Citigroup Inc with a bearish sentiment. In a report titled “Citigroup – Impairment Costs Far Higher than Any Recent Quarter & Net Interest Income near Halting,” Tabbush highlights concerning trends at Citigroup. The company is experiencing a surge in impairment costs, particularly from unfunded commitments, with total costs reaching USD3.5bn in 4Q23 compared to previous quarters. Additionally, Citigroup’s net interest income is showing signs of flatlining, indicating challenges in a rising rate environment. Tabbush’s analysis suggests negative implications not only for Citigroup but also for other large global banks and major US banks, such as HSBC Holdings.



A look at Citigroup Inc Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience2
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

Long-term Outlook for Citigroup Inc Based on Smartkarma Smart Scores

Based on the Smartkarma Smart Scores, Citigroup Inc. appears to have a promising long-term outlook. The company scores high in the areas of value and dividend, indicating that it offers good value for investors and a decent dividend payout. This suggests that Citigroup may be an attractive investment for those seeking stability and income. Additionally, the company demonstrates strong momentum, which could imply positive growth potential in the future. However, Citigroup’s scores for growth and resilience are not as high, highlighting areas where the company may need to focus on improving to enhance its long-term prospects.

Summary of Citigroup Inc.

Citigroup Inc. is a diversified financial services holding company that offers a wide array of financial services to both consumer and corporate clients. With a global presence, Citigroup provides services such as investment banking, retail brokerage, corporate banking, and cash management products and services. This diverse portfolio of offerings positions Citigroup as a key player in the financial services industry, catering to a broad range of customers around the world.


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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Progressive Corp (PGR) Earnings: EPS Expected to Triple with Key Growth Metrics in Focus

By | Earnings Alerts
  • Earnings per Share (EPS) forecast to triple to $1.76.
  • Net premiums earned expected at $17.07 billion.
  • Net premiums written predicted to hit $17.58 billion.
  • Combined ratio estimated at 94%.
  • Analysts expect a 50% increase in investment income.
  • Piper Sandler emphasizes the importance of policy-in-force growth.
  • There’s a need to address price increases to counter rising loss costs in personal auto business.
  • Analyst recommendations: 13 buys, 9 holds, and 1 sell.
  • Average price target: $231.39, representing a 6.9% upside from the current price.
  • Implied 1-day share move following earnings is 5.4%.
  • Shares have surged 85.3% over the past year, compared to the S&P 500 Index’s 25.3% increase.
  • Quarterly dividend estimated at $0.10 per share, unchanged from the previous year.
  • Next dividend declaration date: August 2, 2024.
  • Earnings release scheduled for July 16, 2024.

Progressive Corp on Smartkarma

< p>Analysts at Baptista Research are optimistic about Progressive Corporation’s future, as revealed in their recent report, “The Progressive Corporation: Leveraging Technology for Competitive Pricing! – Major Drivers.” The research highlights the company’s strong first-quarter results for 2024, showcasing robust growth and profitability. Progressive’s achievements include an 18% rise in net premiums written and an impressive combined ratio of 86.1%. The analysts commend Progressive’s strategic approach to rate revisions and risk management, attributing their success to the company’s core values and business strategy.< /p>


A look at Progressive Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE2.8

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

Based on Smartkarma Smart Scores, The Progressive Corporation’s long-term outlook appears promising. The company scored higher in momentum, indicating strong positive price trends. With moderate scores in growth and resilience, Progressive Corp seems to be positioned well for steady expansion and the ability to weather challenging market conditions. However, the lower scores in value and dividend suggest that investors may need to closely monitor these aspects for potential changes. As an insurance holding company offering a range of personal and commercial automobile insurance services in the US, Progressive Corp‘s overall outlook is favorable, supported by its solid performance across various key factors.


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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American Express Co (AXP) Earnings Snapshot: June Charge-Offs at 2.3%, Delinquencies 1.3%

By | Earnings Alerts
  • American Express June Charge-Offs: The charge-offs for American Express in June have been reported at 2.3%.
  • Delinquencies: The delinquency rate for American Express stands at 1.3% for June.
  • Analyst Ratings: There are 16 “buy” ratings, 12 “hold” ratings, and 5 “sell” ratings for American Express.

A look at American Express Co Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
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

Analyzing the Smartkarma Smart Scores for American Express Co, the company portrays a positive long-term outlook. With a Growth score of 4, Resilience score of 4, and Momentum score of 4, American Express Co is poised for continued expansion, stability, and market performance. This indicates strong potential for growth and adaptability in the dynamic financial landscape.

While values and dividends score at 2 may seem moderate, the overall outlook for American Express Co remains promising. The company’s core focus on payment and travel services, catering to both consumers and businesses worldwide, presents a diverse and robust revenue stream that aligns with its resilient and growing performance metrics.


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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Jio Financial Services (JIOFIN) Earnings: 1Q Net Income Hits 3.12B Rupees Amid Strong Revenue Growth

By | Earnings Alerts
  • First Quarter Net Income: Jio Financial reported a net income of 3.12 billion rupees.
  • Revenue: Revenue was recorded at 4.18 billion rupees.
  • Total Costs: Total costs amounted to 793.5 million rupees, a 47% increase year-on-year.
  • Regulatory Approval: Jio Financial received approval from the Reserve Bank of India to operate as a Core Investment Company.
  • New Business Line: The company commenced the business of leasing AirFiber devices.
  • Customer Base: Over 1 million CASA customers have been acquired, and the JioFinance App has been downloaded approximately 0.5 million times since its launch.
  • Beta Launch: Jio Finance conducted a beta launch of its Home Loans product in July.
  • Key Leadership: Key leadership has been identified for the joint venture with BlackRock.
  • Analyst Ratings: The stock currently has 0 buys, 1 hold, and 0 sells from analysts.

A look at Jio Financial Services Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience4
Momentum2
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

Based on the Smartkarma Smart Scores, Jio Financial Services shows a positive long-term outlook. With top scores in Growth and Value, the company demonstrates a strong potential for expansion and is considered to be undervalued in the market. Additionally, Jio Financial Services scored well in Resilience, indicating its ability to withstand economic fluctuations and challenges. However, the company lags in Dividend and Momentum scores, suggesting lower returns for investors and slower short-term price movement.

Jio Financial Services Limited, a non-banking financial company in India, offers a wide range of financial and investment services supported by cutting-edge technology infrastructure. Their focus on growth opportunities and value creation positions them favorably for future success, despite weaker performance in dividend payouts and momentum. Investors may see potential in Jio Financial Services for its growth prospects and resilience in the market.


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