Category

Smartkarma Newswire

Tech Mahindra (TECHM) Earnings: Q2 Net Income Surpasses Estimates with 153% YoY Increase

By | Earnings Alerts
  • Tech Mahindra‘s net income for the second quarter reached 12.50 billion rupees.
  • This figure significantly exceeded the previous year’s net income of 4.94 billion rupees.
  • The net income also surpassed market expectations of 10.13 billion rupees.
  • Revenue for the quarter was reported at 133.13 billion rupees.
  • This marks a 3.5% increase compared to the same quarter last year.
  • Revenue slightly exceeded the forecast of 132.11 billion rupees.
  • Total costs for the quarter decreased by 3.2% year-over-year, amounting to 121 billion rupees.
  • Current analyst recommendations include 19 ‘Buy’, 9 ‘Hold’, and 15 ‘Sell’.

Tech Mahindra on Smartkarma

Analyst coverage of Tech Mahindra on Smartkarma reveals a positive outlook highlighted by Sudarshan Bhandari in the report titled “Mohit Joshi: The Man Behind Tech Mahindra‘s Strategic Shift.” The analysis showcases Tech Mahindra‘s strategic overhaul under Mohit Joshi’s leadership, targeting robust growth and profitability by FY2027. With a focus on operational improvements and market strategies, Tech Mahindra aims for a 15%+ EBIT margin and revenue growth exceeding industry averages. The Project Fortius initiative aims to achieve $250 million in annual cost savings over three years, emphasizing high-margin services and organic growth, signifying a shift away from traditional acquisitions. This strategic pivot towards operational efficiency and organic growth positions Tech Mahindra for sustainable growth and enhanced shareholder returns, emphasizing a dedication to long-term value creation.


A look at Tech Mahindra Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth2
Resilience4
Momentum5
OVERALL SMART SCORE3.8

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

Based on the Smartkarma Smart Scores for Tech Mahindra, the company seems to have a solid long-term outlook. With strong scores in Dividend and Momentum, Tech Mahindra appears to be a promising investment option for those seeking steady returns and growth potential. Its high Resilience score also indicates the company’s ability to weather market fluctuations and challenges, adding to its appeal for investors looking for stability. Additionally, a moderate Value score suggests that Tech Mahindra‘s current price may offer a reasonable entry point for investors.

Overall, Tech Mahindra Ltd. stands out in the software development industry, catering primarily to telecommunications equipment manufacturers, service providers, software vendors, and systems integrators. With a balanced mix of growth potential, dividend attractiveness, and resilience, Tech Mahindra could be a favorable choice for investors seeking exposure to the technology sector with a focus on consistent performance and income generation.


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


 

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

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Jio Financial Services (JIOFIN) 2Q Earnings: Net Income Surges to 6.89B Rupees

By | Earnings Alerts
  • Jio Financial reported a net income of 6.89 billion rupees for the second quarter of 2024.
  • The company generated total revenue of 6.94 billion rupees during this period.
  • Jio Financial’s total costs reached 1.46 billion rupees, a significant increase compared to 714.3 million rupees year-over-year.
  • Analyst recommendations include 0 buy ratings, 1 hold rating, and 0 sell ratings for Jio Financial.
  • All comparisons to past results are based on the original disclosures made by the company.

Jio Financial Services on Smartkarma



Analyst coverage of Jio Financial Services on Smartkarma has been gaining attention, particularly with insights provided by Brian Freitas. In his report titled “India: Index Implications of Additions to the F&O Segment,” Freitas highlights the upcoming potential addition of 79 stocks to the FnO market. This move is expected to bring significant changes to major indices such as NIFTY, NEXT50, NSEBANK, CNXIT, and SENSEX during the next rebalances. The analysis points out that the introduction of these stocks could lead to their inclusion in key indices like NIFTY, SENSEX, Nifty Bank, and CNXIT, triggering weight adjustments and methodology changes in related indices.

The sentiment lean in Freitas’ report is bullish, emphasizing the substantial impact of these upcoming changes on market flows and index compositions. With SEBI’s review influencing eligibility criteria for stocks in the derivatives segment, the report projects a potential 18 deletions and 79 inclusions in the F&O segment within the next 6 months. Investors tracking Jio Financial Services should closely monitor these developments to assess potential opportunities and risks associated with the evolving market dynamics as highlighted by the insightful analysis on Smartkarma.



A look at Jio Financial Services Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
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

Investors looking at Jio Financial Services‘ long-term outlook can take comfort in the company’s impressive Smartkarma Smart Scores. With top marks in Growth and Value, Jio Financial Services shows strong potential for future expansion and solid financial health. In addition, its Resilience score suggests a stable foundation, while its Momentum score indicates a moderate pace of growth. However, investors should approach with caution due to a low Dividend score, which may not appeal to income-focused investors.

Jio Financial Services Limited, a non-banking financial company in India, stands out for its robust infrastructure technology solutions. Catering to customers in India, the company offers a range of financial and investment services. With a diversified portfolio and a focus on growth and value, Jio Financial Services is positioned to capitalize on opportunities in the dynamic Indian financial market. Despite a lower score in dividends, the company’s overall outlook remains positive, driven by its strong performance in key areas as indicated by the Smartkarma Smart Scores.


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


 

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

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

ICICI Lombard General Insurance Company (ICICIGI) Earnings: 2Q Net Income Surpasses Estimates with 20% Growth

By | Earnings Alerts
  • ICICI Lombard’s net income for the second quarter was 6.94 billion rupees, marking a 20% increase year-over-year.
  • The net income surpassed estimates, which were projected at 6.8 billion rupees.
  • A dividend of 5.50 rupees per share has been declared.
  • The company reported gross written premiums of 69.5 billion rupees, reflecting an 11% increase compared to the previous year.
  • The combined ratio stood at 104.5%, slightly higher than the previous year’s 103.9%.
  • ICICI Lombard’s solvency ratio improved to 265% from the previous quarter’s 256%.
  • Analyst recommendations include 18 buys, 6 holds, and 3 sells.

A look at ICICI Lombard General Insurance Company Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.4

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

ICICI Lombard General Insurance Company Limited, an insurance company operating in India, has shown a promising outlook according to the Smartkarma Smart Scores. With a strong dividend score of 4, the company is seen as a reliable option for investors seeking consistent returns. Additionally, boasting a growth score of 3, ICICI Lombard General Insurance demonstrates potential for long-term expansion in the insurance sector.

Furthermore, the company has received solid scores in resilience and momentum, both at 4, indicating its ability to weather economic uncertainties and maintain steady performance. While the value score stands at 2, potentially showing some room for improvement, ICICI Lombard General Insurance’s overall outlook remains positive, making it an enticing choice for investors looking for stability and growth in the insurance 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.


 

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

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Ally Financial (ALLY) Earnings: 3Q Core Return on Tangible Common Equity Surpasses Estimates

By | Earnings Alerts
  • The core return on tangible common equity for the third quarter was reported at +13.1%.
  • This performance exceeded the estimated return of +4.45%.
  • Net revenue for the period amounted to $2.10 billion.
  • There are currently 12 buy recommendations for the stock.
  • The stock also has 7 hold and 3 sell recommendations.

Ally Financial on Smartkarma



Analyst coverage of Ally Financial on Smartkarma is buzzing with optimism, as Value Investors Club published a bullish report titled “Ally Financial Inc (ALLY) – Wednesday, Feb 28, 2024″. The author highlighted Ally’s significant long-term growth potential, suggesting the stock could triple in value. Despite short-term risks, the author remains confident in Ally’s ability to tackle challenges, emphasizing pricing and underwriting discipline. The report underscores Ally’s strong capital position and strategic focus on digital banking as key advantages in benefiting from potential economic recovery and rising interest rates.

This insightful analysis sourced through publicly available information outlines Ally Financial‘s promising outlook, positioning the company favorably for future growth. The report, published 3 months ago, sheds light on Ally’s resilience and potential, making it a compelling investment option for those eyeing long-term value appreciation.



A look at Ally Financial Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth2
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

Ally Financial Inc., the automotive financial services company known for its direct banking operations, has received a range of Smart Scores signaling its long-term outlook. The company excels in the Value category with a top score, indicating a strong value proposition for investors. With a solid Dividend score, Ally Financial also offers a favorable dividend outlook. However, its Growth score is more moderate, suggesting some room for improvement in this area. Similarly, the Resilience and Momentum scores for Ally Financial are also in the moderate range, highlighting areas where the company may need to focus on bolstering its performance in the future.

Overall, Ally Financial‘s Smart Scores paint a varied picture of its future prospects. While the company shows strength in value and dividend metrics, there is room for growth and improvement in resilience and momentum. As a financial holding company with a direct banking franchise, Ally Financial will likely need to navigate these factors strategically to enhance its long-term performance and maintain investor confidence.


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


 

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

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Tata Consumer Products (TATACONS) Earnings Surpass Expectations with Robust 2Q Net Income

By | Earnings Alerts
“`html

  • Tata Consumer’s net income for the second quarter was 3.64 billion rupees, marking a 7.7% increase compared to the previous year and exceeding the estimate of 3.43 billion rupees.
  • The company’s revenue reached 42.1 billion rupees, which is a 13% year-on-year growth, though slightly below the estimated 43.4 billion rupees.
  • Revenue from India branded business stood at 26.6 billion rupees, up 11% from the previous year.
  • International branded business revenue was 11.2 billion rupees, showcasing an 18% increase year-over-year and surpassing the estimated 9.79 billion rupees.
  • Non-branded business revenue rose to 4.62 billion rupees, a 19% increase from the prior year, beating the estimate of 4.1 billion rupees.
  • Total costs amounted to 38.4 billion rupees, experiencing a 16% rise compared to the previous year.
  • Other income declined by 49% year-on-year, registering at 459.7 million rupees.
  • The second quarter results included an exceptional net loss of 271.7 million rupees, attributed to legal and professional fees, along with restructuring and redundancy costs.
  • Analyst recommendations include 21 buy ratings, 6 hold ratings, and 1 sell rating.

“`


A look at Tata Consumer Products Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience4
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

Based on the Smartkarma Smart Scores, Tata Consumer Products shows a promising long-term outlook. With a strong dividend score of 4, the company demonstrates its commitment to rewarding investors. Additionally, scoring high in resilience with a score of 4, Tata Consumer Products appears well-equipped to weather market fluctuations and economic uncertainties. Its overall growth score of 3 further indicates potential for expansion and development in the future. While the value and momentum scores are average at 2 and 3 respectively, the company’s solid performance in dividend, resilience, and growth aspects bode well for its future prospects.

Tata Consumer Products Limited, a renowned producer of food and beverage items, offers a diversified range of products including tea, coffee, salt, oil, pulses, spices, and food products. Serving customers globally, the company has established itself as a key player in the consumer goods industry. With promising scores in dividend, resilience, and growth, Tata Consumer Products is positioned to deliver consistent returns to its investors while navigating through challenges and capitalizing on opportunities 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

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

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

American Express Co (AXP) Earnings: FY EPS Forecast Raised Amid Strong Q3 Performance

By | Earnings Alerts
“`html

  • American Express has increased its full-year EPS (Earnings Per Share) forecast to $13.75 – $14.05 from its previous estimate of $13.30 – $13.80.
  • For the third quarter, the adjusted EPS was $3.49, surpassing the estimated $3.29 and last year’s $3.30.
  • Revenue for the third quarter reached $16.64 billion, growing by 8.2% year-over-year, slightly below the estimate of $16.67 billion.
  • The provision for credit losses was calculated at $1.4 billion.
  • The company reported a billed business volume of $387.3 billion, a 5.8% increase year-over-year, outperforming the estimated $386.91 billion.
  • The effective tax rate was noted at 21.8%, lower than the estimated 22.5%.
  • Based on its current performance and strong core business earnings, American Express raised its full-year EPS guidance.
  • The company expects full-year revenue growth to be in line with the roughly 9% growth previously guided at the start of the year.
  • Total card member spending increased by 6% during the third quarter, with card fee revenue rising by 18%.
  • American Express attracted 3.3 million new premium Card Members during the third quarter.
  • Millennial and Gen-Z consumers accounted for 80% of new accounts acquired for the US Consumer Gold Card.

“`


A look at American Express Co Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE3.4

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

Based on Smartkarma Smart Scores, American Express Co seems to have a positive long-term outlook. With solid scores in Growth, Resilience, and Momentum, the company appears to be positioned well for future success. The high Momentum score suggests that American Express is currently on a strong upward trend, which could bode well for its future performance. Additionally, the strong scores in Growth and Resilience indicate that the company has the potential for both expansion and the ability to withstand economic challenges.

American Express Company, a global payment and travel company, offers charge and credit payment card products and travel-related services to consumers and businesses worldwide. With its overall positive Smart Scores, particularly in Growth, Resilience, and Momentum, American Express Co may continue to be a solid player in the payment industry, catering to a diverse customer base both domestically and internationally.


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


 

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

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Oberoi Realty (OBER) Earnings: Q2 Net Income Surpasses Estimates with 29% Growth

By | Earnings Alerts
“`html

  • Oberoi Realty‘s net income for the second quarter reached 5.89 billion rupees, surpassing estimates of 5.2 billion rupees and marking a 29% year-over-year increase.
  • Revenue for the company rose to 13.2 billion rupees, up 8.2% from the previous year, and exceeded the anticipated 12.92 billion rupees.
  • Total costs decreased by 11% year-over-year, amounting to 5.79 billion rupees.
  • The company’s current stock ratings include 8 buys, 11 holds, and 5 sells.

“`


A look at Oberoi Realty Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, Oberoi Realty Ltd. shows a promising long-term outlook. With strong scores in Growth and Momentum, the company seems poised for future expansion and market traction. Their emphasis on premium developments in Mumbai aligns with their Growth score, indicating potential for continued success in the luxury real estate market.

Oberoi Realty’s balanced scores across Value, Dividend, and Resilience suggest a stable foundation for growth. While not the highest in these categories, their consistent ratings indicate a company that values prudent financial management and is committed to delivering value to its stakeholders over the long term. With a focus on resilience and maintaining dividends, Oberoi Realty appears well-positioned to weather market fluctuations and provide returns to investors.

Summary: Oberoi Realty Ltd. is a Mumbai-based real estate development company specializing in high-end residential projects while also having a diverse portfolio across various segments of the real estate market catering to upscale clientele.


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


 

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

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Procter & Gamble Co (PG) Earnings: 1Q Core EPS Surpasses Estimates Despite Sales Dip

By | Earnings Alerts
“`html

  • P&G’s first-quarter core earnings per share (EPS) were $1.93, beating estimates of $1.90 and improving from $1.83 year-over-year.
  • Net sales totaled $21.74 billion, slightly below the estimate of $21.96 billion, marking a 0.6% decrease from the previous year.
  • The Beauty segment generated $3.89 billion, missing the estimated $4.11 billion and showing a decrease in organic sales by 2% against an estimate of a 2.75% increase.
  • Grooming revenue was $1.72 billion, slightly below the $1.75 billion estimate, with organic sales growth of 3%, which missed the projected 4.63% increase.
  • Healthcare revenues were $3.15 billion, slightly beating the $3.14 billion estimate, with a stronger than expected organic sales increase of 4%.
  • Fabric & Home Care revenue was $7.71 billion, close to the estimate of $7.7 billion, with organic sales up by 3%, surpassing the 1.99% estimate.
  • Baby, Feminine & Family Care revenue was $5.10 billion, slightly below the $5.14 billion estimate. Organic sales were stable at 0%, missing the expected 1.05% growth.
  • A foreign currency impact negatively affected sales by 1%, which was better than the expected 1.63% negative impact.
  • Price increases contributed a 1% positive impact on sales, outperforming the expected 0.81% impact.
  • Organic volume growth achieved an increase of 1%, slightly above the 0.86% estimate.
  • Overall organic revenue increased by 2%, close to the anticipated 2.06% growth.
  • Gross margin was 52.1%, slightly below the 52.4% estimate.
  • Adjusted free cash flow was $3.87 billion, not reaching the estimated $4.31 billion.
  • P&G maintains its forecast for 2025, expecting organic revenue growth of 3% to 5%, aligning with an estimate of 3.43%.
  • The company also continues to anticipate core EPS growth of 5% to 7%, with core EPS projected in the range of $6.91 to $7.05, against a $6.95 estimate.

“`


Procter & Gamble Co on Smartkarma

Analyst coverage of Procter & Gamble Co on Smartkarma by Baptista Research reveals a mixed sentiment. In the report “The Procter & Gamble Company: These Are The 4 Biggest Reasons Driving Our Pessimistic Outlook! – Financial Forecasts,” the analysts detail P&G’s impressive performance for the fiscal year ’24, showing sustained growth despite global economic challenges. The company achieved a 4% organic sales growth driven by strong performance in key segments like Home Care, Hair Care, and Grooming.

Contrastingly, in “The Procter & Gamble Company: What Are Our Growth Expectations For P&G In A Highly Dynamic Market? – Major Drivers,” Baptista Research highlights P&G’s positive outlook. The company’s recent earnings reflect strong sales and market share results, boosted by an effective integrated strategy. Projections for core earnings per share have been raised, aligning with fiscal year guidance targets for organic sales growth and shareholder return. This analysis showcases the complex yet profitable landscape P&G is navigating in the market.


A look at Procter & Gamble Co Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.0

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

Procter & Gamble Co, a global consumer product manufacturer, has received a mixed bag of Smart Scores indicating its long-term outlook. With a moderate Value score indicating its stock price relative to the company’s earnings, it suggests potential for growth but not an outright bargain. The Dividend and Growth scores sit in the middle ground, showcasing stability in payouts and a steady pace of expansion in its industry. Meanwhile, the Resilience score reflects the company’s ability to weather economic downturns with relative strength. Procter & Gamble’s highest score in Momentum signals a positive trend in its stock performance, hinting at growing investor interest and confidence in its future prospects.

With a diverse product portfolio encompassing laundry, cleaning, beauty care, and more, Procter & Gamble Co maintains a strong foothold in global markets. Its products reach consumers through various retail channels, from mass merchandisers to neighborhood stores. While facing competition in the consumer goods sector, the company’s Smart Scores reflect a blend of stability and potential growth, underscoring its position as a key player in the industry. Investors may find value in its consistent dividend payouts, solid growth trajectory, and demonstrated resilience, coupled with the positive momentum driving its stock performance forward.


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


 

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

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Schlumberger Ltd (SLB) Earnings: Adjusted EPS Meets Expectations with Robust Cash Flow Growth

By | Earnings Alerts
  • SLB’s adjusted earnings per share (EPS) for the third quarter matched estimates at 89 cents, up from 78 cents year-over-year.
  • Total revenue reached $9.16 billion, marking a 10% year-over-year increase, but fell short of the $9.27 billion estimate.
  • Digital & Integration revenue hit $1.09 billion, an 11% increase year-over-year, aligning with expectations.
  • Reservoir Performance revenue increased by 8.5% year-over-year to $1.82 billion, though it fell short of the $1.86 billion estimate.
  • Production Systems revenue grew significantly by 31% year-over-year, reaching $3.10 billion, matching expectations.
  • Well Construction revenue decreased by 3.4% year-over-year to $3.31 billion, underperforming against an estimate of $3.46 billion.
  • Adjusted EBITDA was $2.34 billion, a 13% increase year-over-year, slightly below the $2.35 billion expectation.
  • Cash flow from operations soared by 46% year-over-year, totaling $2.45 billion, surpassing the $2.02 billion estimate.
  • Capital expenditure decreased slightly by 0.9% year-over-year to $460 million, below the $517.3 million estimate.
  • Free cash flow experienced a substantial rise of 74% year-over-year, reaching $1.81 billion, exceeding the $1.34 billion estimate.
  • Net debt decreased by 7.9% quarter-over-quarter to $8.46 billion, closely matching the $8.45 billion estimate.
  • SLB’s growth was achieved despite challenges such as softened short-cycle activity growth and cautious spending by international producers due to lower oil prices and ample global supply.
  • Revenue growth was seen in the Middle East & Asia and offshore North America, offset by a decline in Latin America; Europe & Africa remained steady.
  • The digital business contributed strongly, with a 7% sequential and 25% year-over-year growth.
  • The Digital & Integration pretax segment operating margin improved by 456 basis points sequentially, driven mainly by the digital business.
  • The company’s stock received strong market confidence with 29 buy ratings, 2 hold ratings, and no sell ratings.

Schlumberger Ltd on Smartkarma

Analyst coverage of Schlumberger Ltd on Smartkarma showcases positive sentiments towards the company’s performance and growth prospects. Suhas Reddy‘s analysis highlights the international operations as a key driver for Q3 growth, with advancements in carbon capture and lithium production positioning Schlumberger for long-term gains. Revenue and EPS are projected to increase significantly, driven by international growth and cost-efficiency programs. Furthermore, management expects strong performance in the second half of 2024, with a focus on digital sales and product efficiency.

Similarly, Baptista Research emphasizes Schlumberger’s ability to leverage the shift towards natural gas and offshore performance for driving growth. The company’s revenue and EBITDA have shown positive growth trends, with a focus on efficiency throughout operations. These reports collectively paint a bullish outlook for Schlumberger, underlining the company’s strategic initiatives and promising financial performance.


A look at Schlumberger Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
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

Based on the Smartkarma Smart Scores for Schlumberger Ltd, the company shows a promising long-term outlook. With a strong score of 5 for Growth, Schlumberger is positioned well for expansion and development in the future. This indicates that the company has solid potential for increasing its market presence and profitability over time. Additionally, with scores of 3 in Value, Dividend, Resilience, and Momentum, Schlumberger demonstrates a balanced performance across various key factors, further supporting its positive prospects in the oil services industry.

Schlumberger Limited, an oil services company, offers a wide array of services to the international petroleum industry, including technology, project management, and information solutions. With a comprehensive suite of advanced acquisition and data processing surveys, Schlumberger plays a crucial role in supporting the efficiency and innovation within the sector. The combination of its strong growth score and diversified service portfolio positions Schlumberger well for sustained success and continued relevance in the ever-evolving energy 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

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

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

IFlytek Co Ltd A (002230) Earnings: 3Q Net Income of 57M Yuan Amid 14.8B Nine-Month Revenue

By | Earnings Alerts
  • For the third quarter, Iflytek reported a net income of 57.0 million yuan.
  • The company’s revenue for the third quarter was 5.52 billion yuan.
  • Earnings per share for the third quarter stood at 2.420 RMB cents.
  • Over the first nine months, Iflytek faced a net loss of 343.7 million yuan.
  • Total revenue for the nine-month period amounted to 14.8 billion yuan.
  • The loss per share for the nine-month period was recorded at 14.83 RMB cents.
  • Market recommendations include 30 buys, 6 holds, and 1 sell for Iflytek’s stock.

A look at IFlytek Co Ltd A Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth2
Resilience2
Momentum3
OVERALL SMART SCORE2.2

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

IFlytek Co Ltd A, a company specializing in speech intelligence and artificial intelligence technology, has been assigned a range of Smartkarma Smart Scores indicating its long-term outlook. With a balanced score of 2 across Value, Dividend, Growth, and Resilience factors, the company shows steady fundamentals. Additionally, the score of 3 in Momentum suggests potential positive market sentiment and growth prospects ahead.

IFlytek Co Ltd A is known for its expertise in speech intelligence and artificial intelligence technology. Beyond this, the company also delves into chip products, voice messaging software, and e-government system integration software. This diverse range of offerings positions IFlytek Co Ltd A as a versatile player in the evolving tech landscape, potentially paving the way for future growth and innovation.


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


 

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

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars