Category

Smartkarma Newswire

Rexel SA (RXL) Earnings: 3Q Sales Lower Than Expected with Mixed Regional Performance

By | Earnings Alerts
  • Rexel’s overall sales for the third quarter reached €4.76 billion, falling short of the estimated €4.91 billion.
  • European sales totaled €2.29 billion, missing the forecast of €2.36 billion.
  • In North America, the sales figure was €2.15 billion, lower than the anticipated €2.22 billion.
  • Asia Pacific revenue amounted to €327.6 million, not meeting the estimate of €337.1 million.
  • Same-day sales declined by 2.1%, contrary to the positive forecast of a 0.87% increase.
  • Europe experienced a significant drop in same-day sales of 4.4%, against an expected slight decrease of 0.79%.
  • North American same-day sales showed a slight increase of 0.2%, which was below the projected rise of 2.56%.
  • In the Asia Pacific region, same-day sales dipped by 0.9%, missing the expected growth forecast of 0.87%.
  • Investment analysts have issued recommendations consisting of 7 “buy” ratings, 5 “hold” ratings, and 2 “sell” ratings for Rexel.

Rexel SA on Smartkarma

Independent analysts on Smartkarma, like Leonard Law, CFA, provide valuable insights into companies such as Rexel SA. In a recent report titled “Rexel – ESG Report” by Lucror Analytics, the focus was on Environmental, Social, and Governance (ESG) factors. Lucror Analytics assessed Rexel’s ESG as “Strong”, with high marks in Social and Governance categories. The Environmental score was deemed “Adequate”, while Controversies were considered “Immaterial” and Disclosure was rated as “Strong”. This analysis gives investors a detailed view of Rexel’s ESG performance and outlook.


A look at Rexel SA Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
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

Analyzing the Smartkarma Smart Scores for Rexel SA, the company is positioned well for long-term growth and stability. With a strong focus on providing value to investors and offering a reliable dividend, Rexel scores favorably in these areas. Additionally, the company shows promising momentum in its market performance, indicating a positive outlook for future growth. Rexel’s resilience score further underlines its ability to navigate challenging market conditions, making it a potentially attractive investment option for those seeking steady returns.

Rexel SA, a distributor of low voltage electrical equipment, caters to a wide range of customers including electrical contractors, industrial companies, homeowners, and government agencies. Their diverse product line includes essential electrical components such as wires, cables, heating equipment, and security systems. With solid Smart Scores across key factors like dividend yield and momentum, Rexel appears well-positioned to continue its growth trajectory and deliver value to investors over the long term.


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


 

💡 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

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

American Express Co (AXP) Earnings: September Charge-Offs at 1.9%, Delinquencies at 1.4%

By | Earnings Alerts
  • American Express reported a charge-off rate of 1.9% for September.
  • The delinquency rate stands at 1.4% as per the latest figures.
  • All provided data is preliminary and subject to updates.
  • Analysts’ ratings for American Express include 13 buy recommendations, 16 holds, and 4 sell ratings.

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

Analysts utilizing the Smartkarma Smart Scores system have assessed American Express Co‘s long-term outlook, providing insights into different aspects of the company’s performance. With a strong momentum score of 5, American Express Co seems to be on a positive trajectory for growth and market performance. This indicates that the company is building up speed in the market, which could potentially lead to further advancements in the future. Additionally, the company has received solid scores in growth and resilience, indicating a positive outlook for its expansion and ability to withstand challenges in the market.

American Express Co‘s value and dividend scores of 2 suggest that there may be areas for improvement in terms of the company’s valuation and dividend offerings. Despite this, the overall picture painted by the Smart Scores showcases a company with strong growth potential and resilience, backed by a positive momentum in the market. As a global payment and travel company, American Express Co continues to offer charge and credit card products and travel services to consumers and businesses worldwide, positioning itself as a key player 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

Sign Up for Free

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

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

Adidas (ADS) Boosts FY Outlook: Earnings Surpass Expectations with €598M Q3 Operating Profit

By | Earnings Alerts
  • Increased Annual Profit Expectations: Adidas has raised its operating profit forecast for the fiscal year to €1.2 billion, up from the previous expectation of €1.0 billion, and surpassing the market estimate of €1.13 billion.
  • Third Quarter Highlights: Preliminary results for the third quarter show an operating profit of €598 million, exceeding the market expectation of €558.6 million.
  • Gross Margin Improvement: The company’s preliminary gross margin is reported at 51.3%, which is higher than the estimated 50.5%.
  • Revenue Figures: Preliminary revenue for the quarter is approximately €6.44 billion, slightly below the market estimate of €6.45 billion.
  • Impact of Yeezy Inventory: The third-quarter results include a €50 million contribution from the sale of parts of the remaining Yeezy inventory, with future Yeezy sales expected to provide additional revenue but no further profit in the fourth quarter.
  • Full-Year Guidance Update: The company’s annual guidance has been revised upward, reflecting the quarter’s stronger-than-anticipated performance and ongoing brand momentum.
  • Market Sentiment: Current analysts’ recommendations include 17 buy ratings, 11 holds, and 6 sell ratings for Adidas shares.

A look at adidas Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth2
Resilience2
Momentum4
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

Adidas, the global sports shoes and equipment manufacturer, has an overall positive long-term outlook based on the Smartkarma Smart Scores analysis. With relatively balanced scores across key factors, including Value, Dividend, Growth, Resilience, and Momentum, the company seems to be positioned well for future growth. While some areas like Value and Dividend show room for improvement, the strong Momentum score indicates positive market sentiment and potential for continued performance in the near future.

Adidas AG’s wide range of products, from footwear to sports apparel to golf equipment, have a global reach, catering to the diverse needs of consumers worldwide. As the company maintains a moderate yet stable position across the Smartkarma Smart Scores categories, investors might view Adidas as a consistent player in the sports industry with opportunities for growth and resilience 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

💡 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

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

Rexel SA (RXL) Earnings: FY Adjusted EBITA Margin Revised to 5.9% Amid Lowered 2024 Outlook

By | Earnings Alerts
  • Rexel anticipates an adjusted EBITA margin of 5.9% for the fiscal year, down from the initial expectation of 6.3% to 6.6%.
  • Same-day sales are predicted to decline by 2% to 2.5%, compared to the earlier estimate of a 0.08% decrease.
  • The company has lowered its 2024 outlook.
  • Despite the adjustments, Rexel expects strong free cash flow with a conversion rate now projected to be above 65%, compared to the previous guidance of 60%.
  • Market analysts have issued recommendations on the stock, resulting in 7 buy ratings, 5 hold ratings, and 2 sell ratings.

Rexel SA on Smartkarma

On Smartkarma, independent analyst Leonard Law, CFA, recently published a bullish ESG report on Rexel SA. In the report titled “Rexel – ESG Report – Lucror Analytics,” Lucror Analytics assesses Rexel’s ESG (Environmental, Social, and Governance) performance. The ESG Scores, based on a 3-tiered scale and adjusted for Controversies, rate Rexel’s overall ESG as “Strong.” The report highlights that Rexel’s Social and Governance scores are robust, while the Environmental score is considered “Adequate.” Additionally, the report indicates that Controversies are deemed “Immaterial,” and the level of Disclosure is reported as “Strong.”


A look at Rexel SA Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
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 Smartkarma’s Smart Scores, Rexel SA shows a promising long-term outlook. With a solid score of 4 for Dividend and Momentum, the company displays strength in providing returns to investors and showcasing positive market momentum. Additionally, scoring 3 in both Value and Growth, Rexel SA demonstrates a balance between being fairly priced and having potential for expansion. The Resilience score of 3 suggests the company’s ability to withstand market fluctuations and challenges.

Rexel SA operates as a distributor of low voltage electrical equipment, offering a wide range of products from wires and cables to security and household appliances. Catering to various customer segments including electrical contractors, industrial companies, homeowners, and government agencies, Rexel SA plays a vital role in providing essential electrical solutions across different sectors.


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

Sign Up for Free

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

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

Lvmh Moet Hennessy Louis Vuitton (MC) Earnings: Fashion & Leather Goods Sales Fall Short in 3Q Report

By | Earnings Alerts
  • Overall organic revenue for LVMH in Q3 declined by 3%, missing the growth estimate of +0.93%.
  • Fashion & Leather Goods, a key segment for LVMH, saw a 5% drop in organic sales, falling short of the expected +0.48% growth.
  • The Wines & Spirits segment recorded a 7% decrease in organic sales, more than the estimated decline of 2.41%.
  • Perfumes & Cosmetics experienced a 3% rise in organic sales, but this was below the projected increase of 4.26%.
  • Organic sales in Watches & Jewelry fell by 4%, slightly worse than the expected drop of 3.71%.
  • Selective Retailing showed a 2% increase in organic sales, missing the forecasted growth of 5.09%.
  • Total revenue was EU19.08 billion, marking a 4.4% year-over-year decrease and underperforming the estimated EU20.05 billion.
  • Revenue from Fashion & Leather Goods was EU9.15 billion, down 6.1% year-over-year, missing the estimate of EU9.74 billion.
  • The Wines & Spirits revenue reached EU1.39 billion, an 8.2% year-over-year decline, below the estimated EU1.47 billion.
  • Perfume & Cosmetics brought in EU2.01 billion in revenue, a 1% year-over-year increase, falling short of the anticipated EU2.07 billion.
  • Watches & Jewelry revenue was EU2.39 billion, down 5.5% year-over-year, slightly below the estimate of EU2.43 billion.

A look at Lvmh Moet Hennessy Louis Vuitton Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
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

Given the Smartkarma Smart Scores for LVMH Moet Hennessy Louis Vuitton, the outlook for the luxury goods group appears to lean towards positive in the long-term. With a Growth score of 4, the company seems well-positioned for future expansion and development within the luxury market. Its Resilience and Momentum scores of 3 indicate stability and consistent performance, suggesting it may weather economic downturns and sustain steady growth over time. While the Value score is at 2, and the Dividend score at 3, they still show promising signs for potential investment returns and shareholder rewards in the coming years.

LVMH Moet Hennessy Louis Vuitton SE is recognized as a diverse luxury goods conglomerate, offering a range of products from wine and cognac to perfumes, cosmetics, luggage, and jewelry. With an overall positive outlook based on the Smartkarma Smart Scores, investors may find confidence in the company’s growth potential, resilience, and momentum within the luxury market. These scores provide insights into the company’s fundamental strengths and operational efficiency, indicating a promising long-term outlook for LVMH Moet Hennessy Louis Vuitton.


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

Sign Up for Free

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

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

Vinci SA (DG) Earnings: Passenger Traffic Rises by 6.6% in September

By | Earnings Alerts
  • Passenger traffic increased by 6.6% in September.
  • Commercial movements at airports rose by 3.5%.
  • There were 21 buy recommendations.
  • There were 3 hold recommendations.
  • There were 2 sell recommendations.

A look at Vinci SA Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
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

In assessing the long-term outlook for VINCI SA, an investment analyst looks to the Smartkarma Smart Scores as a reliable indicator. Vinci SA, a global leader in concessions and construction, is rated highly in key areas. With strong ratings in Dividend, Growth, and Momentum, the company is poised for continued success in the future. This suggests that investors can expect Vinci SA to perform well in terms of generating dividends, growing its business, and maintaining positive momentum in the market.

Vinci SA‘s expertise in building, civil, hydraulic, and electrical engineering, combined with its focus on construction-related specialties and infrastructure management, positions the company favorably for long-term potential. While also showing solid scores in Value and Resilience, Vinci SA demonstrates a well-rounded profile that may appeal to investors seeking stability and growth prospects 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.


 

💡 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

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

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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

💡 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

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

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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

💡 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

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

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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

💡 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

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

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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

💡 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

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