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Smartkarma Newswire

ASML Holding NV (ASML) Earnings: Q3 Bookings Miss Expectations Despite Strong Net Sales Growth

By | Earnings Alerts
  • ASML reported third-quarter bookings of €2.63 billion, significantly below the estimated €5.39 billion, marking a 53% decrease from the previous quarter.
  • Despite the booking shortfall, net sales increased by 20% from the previous quarter to €7.47 billion, surpassing the estimate of €7.17 billion.
  • The gross margin for the third quarter was 50.8%, slightly below last quarter’s 51.5%, but slightly above the estimate of 50.7%.
  • Net income rose by 32% from the previous quarter, reaching €2.08 billion, which exceeded the estimate of €1.91 billion.
  • Cash and other assets remained stable at €4.99 billion, a slight decrease of 0.7% from the previous quarter, but above the estimate of €4.86 billion.
  • For the fourth quarter, ASML forecasts net sales of €8.8 billion to €9.2 billion, with a projected gross margin of 49% to 50%, which is slightly below the estimated 50.5%.
  • The company projects annual net sales for 2024 to be €28 billion, marginally above the estimate of €27.71 billion.
  • For 2025, ASML anticipates a gross margin of 51% to 53%, a reduction from previously expected figures, against an estimate of 53.9%.
  • The 2025 net sales forecast is set between €30 billion to €35 billion, adjusted from an earlier range and compared to the estimate of €35.94 billion.
  • ASML shares fell by 7.6% to €732.10, with a trading volume of 448,741 shares, following the announcement.
  • Market activity shows 31 buy recommendations and 9 holds, with no sell recommendations listed.

A look at ASML Holding NV Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
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

ASML Holding NV, a company specializing in semiconductor manufacturing equipment, has received a positive long-term outlook based on Smartkarma Smart Scores. With a Growth score of 4 and a Resilience score of 4, ASML Holding NV is positioned for strong and stable growth in the foreseeable future. The company’s focus on developing cutting-edge technology for chip production and its ability to withstand market challenges showcase its potential for long-term success.

Despite receiving lower scores in Value and Dividend (both at 2) as well as Momentum (2), ASML Holding NV‘s high scores in Growth and Resilience point towards a promising future. These scores suggest that the company’s innovative technology and global reach will drive its growth trajectory and help it navigate through industry fluctuations effectively.

Summary: ASML Holding N.V. is a global leader in semiconductor manufacturing equipment, particularly known for its machines used in chip lithography. With a focus on technological advancement and a strong market presence, the company is poised for long-term success 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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Bank Of America (BAC) Earnings: September Charge-Offs at 2.51% Amid Positive Analyst Ratings

By | Earnings Alerts
  • Bank of America’s charge-off rate in September was 2.51%.
  • The delinquency rate for the same month was 1.48%.
  • There are 15 buy recommendations for Bank of America’s stocks.
  • There are 10 hold recommendations for the stock.
  • No sell recommendations are currently reported for Bank of America’s stock.

A look at Bank Of America 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

Bank of America Corporation, a leading financial institution known for its diverse range of banking, investing, and asset management services, presents a promising long-term outlook according to the Smartkarma Smart Scores. With strong scores in value and momentum, the company is positioned well for future growth and stability. The robust value score reflects the company’s attractive fundamentals and potential for solid returns, while the high momentum score indicates a positive trend in market performance.

While Bank of America scores moderately in dividend and growth, its resilience score suggests room for improvement in terms of managing risks and challenges. Overall, the company’s strategic positioning in the financial services industry, coupled with its favorable scores across key factors, bodes well for its continued success and potential for sustained growth 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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Air China Ltd (A) (601111) Earnings Outlook: September Passenger Load Factor Hits 79.7% with Traffic Surge of 20%

By | Earnings Alerts
  • Air China’s passenger load factor for September was 79.7%.
  • Passenger traffic showed a significant increase of 20% compared to the previous period.
  • Analysts’ ratings for Air China include 13 buy recommendations.
  • There are 4 hold recommendations for Air China from analysts.
  • 2 analysts have issued sell recommendations for Air China.

A look at Air China Ltd (A) Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience2
Momentum2
OVERALL SMART SCORE2.4

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

Looking ahead, the long-term outlook for Air China Ltd (A) appears promising, with a Smartkarma Smart Score of 5 in Growth. This high score indicates a positive outlook for the company’s future expansion and development strategies. Air China Limited, based in Beijing, is a key player in both domestic and international air transportation, providing passenger, cargo, and various airline-related services. With a strong emphasis on growth, Air China is likely to continue expanding its market presence and exploring new opportunities in the aviation industry.

Although Air China scores lower on factors such as Value, Dividend, Resilience, and Momentum, the exceptional Growth score suggests that the company is well-positioned to capitalize on emerging trends and market demands. As a major hub for air travel services, Air China’s strategic focus on growth initiatives bodes well for its long-term sustainability and 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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Bank Of America (BAC) Earnings: 3Q Net Interest Income Meets Estimates, Surpassing Trading Revenue Expectations

By | Earnings Alerts
  • Bank of America’s net interest income for Q3 was $13.97 billion, exceeding the estimate of $13.9 billion.
  • Net interest income on a fully taxable equivalent basis came in at $14.11 billion, slightly above the projection of $14.07 billion.
  • Trading revenue, excluding debt valuation adjustment (DVA), was $4.94 billion, beating the estimated $4.57 billion.
  • FICC (Fixed Income, Currencies, and Commodities) trading revenue, excluding DVA, totaled $2.94 billion, surpassing the forecast of $2.77 billion.
  • Equities trading revenue, excluding DVA, reached $2.00 billion, higher than the expected $1.81 billion.
  • Wealth and investment management total revenue amounted to $5.76 billion, exceeding the forecast of $5.63 billion.
  • Total revenue net of interest expense was $25.35 billion, slightly above the estimated $25.27 billion.
  • The provision for credit losses was $1.54 billion, marginally above the estimate of $1.53 billion.
  • Earnings per share (EPS) were 81 cents, a decrease from 90 cents year-over-year.
  • Return on average equity was 9.44%, higher than the estimate of 9.01%.
  • Return on average assets hit 0.83%, surpassing the expected 0.78%.
  • Return on average tangible common equity was 12.8%, above the expected 12.2%.
  • Net interest yield came in at 1.92%, slightly below the estimated 1.93%.
  • The Basel III common equity Tier 1 ratio, fully phased-in under the advanced approach, was 13.5%, meeting expectations.
  • The standardized CET1 ratio was 11.8%, slightly below the estimate of 11.9%.
  • Compensation expenses totaled $9.92 billion, marginally above the estimate of $9.9 billion.
  • Investment banking revenue was $1.40 billion, outperforming the estimated $1.24 billion.
  • Advisory fees amounted to $387 million, surpassing the expected $341.8 million.
  • Debt underwriting revenue reached $780 million, exceeding the forecast of $669 million.
  • Equity underwriting revenue was $270 million, slightly above the estimated $258.4 million.
  • Net charge-offs totaled $1.53 billion, close to the estimate of $1.5 billion.
  • Total loans amounted to $1.08 trillion, slightly above the estimate of $1.07 trillion.
  • Total deposits remained stable at $1.93 trillion, meeting expectations.
  • The efficiency ratio stood at 65%.
  • Non-interest expenses were $16.48 billion, slightly below the estimate of $16.49 billion.
  • Bank of America’s CEO highlighted an increase in net interest income compared to the previous quarter.
  • The CFO noted improvements in the balance sheet, strong liquidity, and a capital position well above regulatory requirements.
  • A 100 basis-point parallel shift down in the interest rate yield curve is estimated to reduce net interest income by $2.7 billion over the next year.
  • Analyst recommendations included 15 buys, 10 holds, and 0 sells for Bank of America stock.

A look at Bank Of America 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

Bank of America Corporation, a financial institution providing a range of banking, investing, and financial services, is showing a positive long-term outlook according to Smartkarma Smart Scores. With a strong value score of 4 and impressive momentum score of 4, the company’s overall outlook appears promising. The value score indicates the company’s financial attractiveness relative to its stock price, while the momentum score reflects the company’s ability to maintain positive price trends. Although the resilience score of 2 suggests some vulnerability to economic fluctuations, the growth and dividend scores of 3 demonstrate stability and potential for future expansion.

In summary, Bank of America Corporation is positioned well for the long term based on its Smartkarma Smart Scores. The company’s focus on value and momentum, coupled with its diverse range of financial services including banking, investing, and asset management, indicates a strong foundation for growth and stability. While challenges may exist in terms of resilience, the overall outlook remains positive, making Bank of America a noteworthy player in the financial 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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Albertsons Cos (ACI) Earnings: 2Q Adjusted EPS Surpasses Expectations Amid Strong Sales Performance

By | Earnings Alerts
  • Albertsons reported an adjusted earnings per share (EPS) of $0.51, surpassing analysts’ expectations of $0.48, though down from the previous year’s $0.63.
  • Identical sales increased by 2.5%, beating the estimate of 1.43%, but slightly lower than last year’s 2.9% growth.
  • Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (Ebitda) was $900.6 million, down 7.8% from last year, yet above the estimate of $894.9 million.
  • The gross profit margin remained steady at 27.6%, aligning with last year and surpassing the expected 27.5%.
  • Net sales and other revenue grew by 1.4% to $18.55 billion, exceeding the forecast of $18.45 billion.
  • The total number of stores slightly decreased to 2,267, just under the anticipated 2,268, reflecting a 0.2% decrease from the previous year.
  • The company reported significant growth in loyalty members and omnichannel shoppers, alongside accelerated development in the Albertsons Media Collective.
  • Albertsons anticipates partial offset of industry headwinds through both ongoing and new productivity initiatives.
  • The stock is recommended by analysts with 7 buy ratings, 13 hold ratings, and no sell ratings.

Albertsons Cos on Smartkarma

Independent analyst coverage of Albertsons Cos on Smartkarma highlights the company’s strong performance in the first quarter of 2022. Baptista Research‘s report, “Albertsons Companies Inc.: Expanding Digital and Omnichannel Capabilities To Up Their Game! – Major Drivers,” depicts a positive outlook, noting a 6.8% increase in identical sales and a significant rise of 28% in digital sales year-over-year. Albertsons holds a leading market position in 68% of its operating markets, reflecting the success of its strategic initiatives in resonating well with customers.

Further analysis from Baptista Research in their report “Albertsons Companies: Initiation of Coverage – These Are The 4 Biggest Growth Drivers & 3 Biggest Challenges Ahead! – Major Drivers” applauds Albertsons for its overall strong performance, showcasing increased sales across key metrics and market share gains. The company reported a 9% growth in adjusted EBITDA to $1.42 billion and adjusted EPS of $1 per share. With a notable 28% growth in digital sales, Albertsons remains well-positioned to benefit from the ongoing consumer shift towards e-commerce, solidifying its position in the market.


A look at Albertsons Cos Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE3.0

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

Based on the Smartkarma Smart Scores, Albertsons Cos shows promise for long-term growth. With a strong Growth score of 4, the company is positioned to expand and increase its market presence over time. Coupled with a respectable Value score of 3, Albertsons Cos offers potential for investors looking for a stable investment with room for appreciation. Additionally, its Dividend score of 3 indicates a decent level of dividend payouts, making it attractive for income-oriented investors.

However, the company’s lower Resilience score of 2 suggests some vulnerability to market fluctuations and economic uncertainties. Despite this, with an overall Momentum score of 3, Albertsons Cos is showing signs of positive performance and investor interest, possibly indicating a potential upward trajectory in 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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Progressive Corp (PGR) Earnings Surpass Estimates With 25% Growth in 3Q Net Premiums Written

By | Earnings Alerts
  • Progressive’s net premiums written for Q3 reached $19.46 billion, marking a 25% increase year-over-year and exceeding the estimate of $19.03 billion.
  • The company’s earnings per share (EPS) for the third quarter stood at $3.97, a significant rise from $1.89 in the previous year, and above the $3.74 estimate.
  • Net premiums earned amounted to $18.30 billion, which is a 23% increase from the previous year and surpassed the estimate of $18 billion.
  • The combined ratio for the quarter was reported at 89%, an improvement from 92.4% year-over-year, and better than the estimated 89.3%.
  • The stock currently has 16 buy ratings, 7 hold ratings, and 1 sell rating.

Progressive Corp on Smartkarma



Independent analysts on Smartkarma, like Baptista Research, are closely monitoring Progressive Corp. They recently published reports highlighting the company’s strategic focus on market expansion and customer experience. Progressive’s investor event showcased initiatives led by key executives to solidify its position as a top insurer through enhanced customer service and optimized media spending. Baptista Research‘s in-depth analysis aims to assess various factors influencing Progressive’s stock price, utilizing valuation methods like Discounted Cash Flow (DCF).

Baptista Research also noted Progressive Corp‘s impressive first-quarter performance in 2024, emphasizing strong growth and profitability. The company achieved an 18% rise in net premiums written and an outstanding combined ratio of 86.1%. These results showcase Progressive’s effective approach to pricing and risk management, reflecting its fundamental values and strategic direction. Analysts continue to closely follow Progressive Corp‘s advancements and financial metrics to provide valuable insights for investors on Smartkarma.



A look at Progressive Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.2

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

Analysts examining the Smartkarma Smart Scores for Progressive Corp see a positive long-term outlook for the insurance holding company. With a strong score of 5 in Momentum, Progressive Corp is demonstrating significant positive market trends and investor interest, indicating potential for continued growth and upward movement in the future. Additionally, the company receives a solid score of 4 in Growth, suggesting promising prospects for expanding its operations and revenue streams in the coming years.

While Progressive Corp scores lower in Value and Dividend at 2 each, indicating room for improvement in terms of these factors, its Resilience score of 3 highlights the company’s ability to weather economic challenges and maintain stability. Overall, with its focus on automobile insurance and related services across the United States, Progressive Corp shows promise for sustained growth and resilience in the dynamic insurance market.

### The Progressive Corporation is an insurance holding company. The Company, through its subsidiaries, provide personal and commercial automobile insurance and other specialty property-casualty insurance and related services throughout the United States. ###


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: 3Q Markets Revenue Surpasses Estimates with Strong Performance in FICC and Equities

By | Earnings Alerts
  • Citigroup’s third-quarter markets revenue was $4.82 billion, exceeding the estimate of $4.6 billion.
  • FICC (Fixed Income, Currencies, and Commodities) sales and trading revenue reached $3.58 billion, compared to an estimate of $3.54 billion.
  • Equities sales and trading revenue were $1.24 billion, surpassing the anticipated $1.03 billion.
  • Banking revenue was $1.60 billion, which was higher than the estimate of $1.54 billion.
  • Investment banking revenue tallied $934 million, above the forecasted $874.5 million.
  • Total revenue stood at $20.32 billion, with earnings per share (EPS) at $1.51.
  • Total cost of credit was reported at $2.68 billion, aligning closely with the estimate of $2.66 billion.
  • Common equity Tier 1 ratio was exactly as estimated at 13.7%.
  • Return on average equity was 6.2%, beating the estimate of 5.44%.
  • Return on average tangible common equity reached 7%, against the expected 6.05%.
  • Net charge-offs were $2.17 billion, lower than the predicted $2.35 billion.
  • Operating expenses were reported at $13.25 billion.
  • Total loans amounted to $688.9 billion, slightly below the estimate of $690.56 billion.
  • Total deposits were recorded at $1.31 trillion.
  • The efficiency ratio was reported at 65.2%.
  • Net interest income came in at $13.36 billion.
  • Services revenue was $5.03 billion, exceeding the $4.85 billion estimate.
  • Wealth revenue amounted to $2.00 billion, above the estimate of $1.8 billion.
  • U.S. Personal Banking revenue was slightly lower than expected, at $5.05 billion compared to the $5.09 billion estimate.
  • Market analyst sentiment for Citigroup includes 14 buy ratings, 8 holds, and no sell recommendations.

A look at Citigroup Inc Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth2
Resilience2
Momentum4
OVERALL SMART SCORE3.4

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

With a strong Value score of 5, Citigroup Inc appears to be undervalued relative to its fundamentals, making it an attractive opportunity for investors looking for discounted stocks. The company also boasts a solid Dividend score of 4, indicating a stable and potentially lucrative dividend payout for shareholders. However, the Growth and Resilience scores of 2 highlight potential areas of concern, suggesting that Citigroup may face challenges in terms of future growth and financial stability.

On the bright side, Citigroup Inc shows promising Momentum with a score of 4, indicating positive trends in stock price and investor sentiment. Despite some weaknesses in growth and resilience, Citigroup’s favorable Value, Dividend, and Momentum scores paint a somewhat optimistic outlook for the company’s long-term performance 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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Schwab (Charles) (SCHW) Earnings: 3Q Adjusted EPS Surpasses Estimates with Strong Asset Growth

By | Earnings Alerts
  • Schwab’s adjusted earnings per share (EPS) for the third quarter beat estimates with a reported 77 cents, surpassing the anticipated 75 cents.
  • The company reported earnings per share (EPS) of 71 cents.
  • Net revenue came in at $4.85 billion, exceeding the forecast of $4.78 billion.
  • Schwab garnered $90.8 billion in total net new assets during the quarter.
  • The daily average trades were slightly below expectations at 5.70 million, compared to the estimate of 5.71 million.
  • Revenue per trade was $2.20, just below the expected $2.24.
  • Net interest revenue surpassed estimates, reaching $2.22 billion against the projected $2.2 billion.
  • Bank deposit account fees were reported at $152 million, higher than the estimate of $144.2 million.
  • Trading revenue fell short of estimates at $797 million, compared to the projected $814.9 million.
  • Asset management and administration fees were $1.48 billion, higher than the estimated $1.44 billion.
  • Bank deposits stood at $246.5 billion, surpassing the estimate of $244.88 billion.
  • Total client assets totaled $9.92 trillion, above the forecast of $9.75 trillion.
  • There were 972,000 new brokerage accounts, which was beneath the anticipated 1.02 million.
  • Schwab reported 35.98 million total active brokerage accounts, exceeding the estimate of 35.88 million.

A look at Schwab (Charles) Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.0

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

Charles Schwab Corporation, a prominent financial services provider, seems to have a balanced outlook for the long term according to Smartkarma Smart Scores. With moderate scores across various key factors including Value, Dividend, Growth, Resilience, and Momentum, Schwab is positioned in a stable position. The company offers a range of financial services to different types of investors and institutions, with a presence in multiple locations including the United States, Puerto Rico, and the United Kingdom. This diversified approach likely contributes to its stable Smart Scores across different areas.

Looking ahead, Schwab’s consistent scores across various aspects suggest a well-rounded performance projection. The company’s offerings in securities brokerage, banking, and related financial services cater to the diverse needs of its clients. By maintaining moderate scores in Value, Dividend, Growth, Resilience, and Momentum, Schwab appears to be on a steady path for the future, reinforcing its position as a reliable financial services provider for individual investors and institutions alike.


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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State Street (STT) Earnings: Q3 Revenue Surpasses Estimates with Strong Growth

By | Earnings Alerts
  • State Street‘s third-quarter revenue was $3.26 billion, surpassing estimates and showing a 21% year-over-year increase.
  • Fee revenue reached $2.62 billion, an 11% increase from the previous year and higher than the expected $2.49 billion.
  • Net interest income amounted to $723 million, a 16% rise year-over-year, exceeding the estimate of $698.7 million.
  • The provision for credit losses was $26 million, up from $0 the previous year, slightly above the $24 million estimate.
  • State Street recorded net flows of +$100 billion, significantly surpassing last year’s +$10 billion and the estimated +$3.42 billion.
  • Assets under management totaled $4.73 trillion, a 7.2% increase quarter-over-quarter, above the expected $4.51 trillion.
  • Assets under custody/administration were $46.76 trillion, up 5.5% quarter-over-quarter and higher than the $45.75 trillion estimate.
  • The Common Equity Tier 1 ratio improved to 11.6%, exceeding the previous year’s 11% and the estimated 11.4%.
  • Return on average equity was 12%, a significant improvement from last year’s 7.3%.
  • Analyst ratings consist of 6 buy recommendations, 8 holds, and 3 sells.

A look at State Street Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.6

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

Analyzing State Street‘s long-term outlook using Smartkarma Smart Scores reveals a promising trajectory for the company. With a strong Value score of 4 and a respectable Dividend score of 4, State Street demonstrates solid fundamentals and a commitment to rewarding shareholders through dividends.

Furthermore, while the Growth score of 3 indicates moderate growth prospects, State Street shines in terms of Momentum with a top score of 5, suggesting a strong positive trend in the company’s stock performance. However, the Resilience score of 2 highlights a potential area of improvement for the company to enhance its ability to withstand market fluctuations moving forward.

### Summary: State Street Corporation services institutional investors and manages financial assets worldwide. The Company’s products and services include custody, accounting, administration, daily pricing, international exchange services, cash management, financial asset management, securities lending, and investment advisory services. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Walgreens Boots Alliance (WBA) Earnings: Q4 Results Exceeding Estimates Amid Adjusted EPS Projections for 2025

By | Earnings Alerts
  • Walgreens Boots forecasts 2025 adjusted earnings per share (EPS) between $1.40 and $1.80, with an estimate of $1.73.
  • Projected sales for 2025 are between $147 billion and $151 billion, slightly above the estimate of $146.9 billion.
  • Adjusted operating income for 2025 is expected between $1.6 billion and $2.0 billion, with an estimate of $1.89 billion.
  • For the fourth quarter, adjusted EPS was 39 cents, down from 67 cents year-over-year, but above the estimate of 36 cents.
  • International sales reached $5.97 billion, a 3.2% increase year-over-year, surpassing the estimate of $5.84 billion.
  • Total quarterly sales were $37.55 billion, marking a 6% year-over-year growth and exceeding the estimate of $35.56 billion.
  • The adjusted gross margin for the quarter was 16.9%, down from 18.6% year-over-year, and below the estimate of 17.6%.
  • US Retail Pharmacy sales totaled $29.47 billion, a 6.5% year-over-year increase, beating the estimate of $27.48 billion.
  • US Healthcare sales were $2.11 billion, growing 7.2% year-over-year but slightly below the estimate of $2.15 billion.
  • Adjusted gross profit for the quarter was $6.33 billion, a 4% decrease year-over-year, but ahead of the estimate of $6.24 billion.
  • Adjusted operating income for the quarter was $424 million, reflecting a 38% year-over-year drop, yet above the estimate of $396 million.

Walgreens Boots Alliance on Smartkarma

Analysts on Smartkarma, such as Baptista Research, are closely following Walgreens Boots Alliance and recently published a bullish research report titled “Walgreens Boots Alliance: Enhancing Digital & Operational Efficiency To Expand Margins! – Major Drivers”. The report delves into the company’s third-quarter performance for Fiscal Year 2024, highlighting both positive developments and drawbacks across its business segments.

The analysis focuses on Walgreens Boots Alliance‘s efforts to improve digital operations and operational efficiency to drive margin expansion. Investors can gain valuable insights from research reports on Smartkarma by analysts like Baptista Research to better understand the factors influencing the company’s performance and make informed investment decisions.


A look at Walgreens Boots Alliance Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth2
Resilience2
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, Walgreens Boots Alliance is positioned well for long-term success in terms of value and dividend payouts with top scores in both categories. This indicates strong fundamentals and attractiveness for investors seeking stable returns. However, the company lags in growth, resilience, and momentum scores, suggesting potential challenges in these areas. Despite this, the company’s core focus on providing a wide range of healthcare products and services, including health services and wellness programs, enhances its overall market position.

Walgreens Boots Alliance, Inc., known for operating retail drugstores offering a mix of prescription drugs, general goods, and a range of health services, continues to strengthen its value proposition for investors. With a focus on providing essential healthcare products and services, the company’s high scores in value and dividend highlight its stability and income potential. While facing some growth and resilience challenges, its commitment to health and wellness services underscores its long-term relevance 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

💡 Before it’s here, it’s on Smartkarma

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