Earnings Alerts

British American Tobacco (BATS) Earnings: 1H Adjusted Operating Profit Misses Estimates

  • Adjusted Operating Profit: BAT’s adjusted operating profit was GBP5.56 billion, missing the estimated GBP5.67 billion.
  • US Adjusted Profit: US adjusted profit from operations reached GBP3.05 billion, beating the estimate of GBP3.04 billion.
  • Operating Profit: The operating profit was GBP4.26 billion, significantly lower than the estimated GBP7.24 billion.
  • Revenue: Revenue came in at GBP12.34 billion, falling short of the expected GBP12.83 billion.
  • U.S. Market Performance: In the U.S., commercial investments have led to signs of recovery in volume share, although the rate of value share decline has improved sequentially.
  • Industry Pressures: The U.S. Combustibles industry volumes are still under pressure due to macroeconomic challenges and ineffective enforcement against illicit single-use vapour products.
  • Analyst Recommendations: There are currently 12 buy recommendations, 4 hold recommendations, and no sell recommendations.

A look at British American Tobacco Smart Scores

FactorScoreMagnitude
Value4
Dividend5
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

British American Tobacco P.L.C., the multinational tobacco company, appears to have a stable long-term outlook based on the Smartkarma Smart Scores. With a high score in Dividend and Value, investors may find the company attractive for income generation and undervalued opportunities. Although the Growth and Resilience scores are lower, the company’s Momentum score indicates a positive trend in its market performance.

As a holding company for various tobacco-related businesses, British American Tobacco P.L.C. focuses on manufacturing and selling cigarettes, cigars, and other tobacco products. Its strong emphasis on dividends and perceived value in the market positions it as a potentially rewarding investment option for those seeking steady returns. While growth prospects and resilience may present challenges, the company’s positive momentum suggests promising developments ahead.


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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