Earnings Alerts

Hindustan Unilever (HUVR) Earnings Fall Short: Net Income & Revenue Miss Estimates in 2Q

By October 23, 2024 No Comments
  • Hindustan Unilever‘s net income for the second quarter was 26.1 billion rupees, a decrease of 4% from the previous year, missing the estimate of 27.06 billion rupees.
  • The company’s revenue was 153.2 billion rupees, below the expected figure of 157.93 billion rupees.
  • Total costs increased by 2.9% year-on-year, amounting to 122.7 billion rupees.
  • Other income rose by 9.2%, totaling 3.09 billion rupees.
  • A dividend of 29 rupees per share has been declared.
  • Hindustan Unilever plans to separate its ice cream business to allow sharper focus on its core activities, with the mode of separation to be determined by the end of the year.
  • The company’s portfolio restructuring aims to enhance focus and efficiency in its primary business areas.
  • There are currently 24 buy recommendations, 14 holds, and 5 sell recommendations for the company’s stock.

A look at Hindustan Unilever Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE3.8

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

Based on the Smartkarma Smart Scores, Hindustan Unilever shows a promising long-term outlook with strong indicators. With top scores in Dividend at 5 and Resilience at 5, the company demonstrates stability and a commitment to providing returns to its investors. Additionally, a Momentum score of 4 suggests that Hindustan Unilever is likely to maintain its growth trajectory in the future. While the Value score is moderate at 2, indicating some room for improvement in this area, the Growth score of 3 signifies a company with potential for expansion. Overall, Hindustan Unilever‘s scores point towards a solid foundation for continued success.

Hindustan Unilever Limited, a leading consumer products manufacturer, is positioned well for the long term according to the Smartkarma Smart Scores. With a diverse product offering spanning soap, detergent, personal care items, processed food, ice creams, and cooking oils, the company caters to a wide customer base globally. The high scores in Dividend and Resilience underscore its stability and ability to weather market challenges, while the positive Momentum and Growth scores reflect its upward trajectory. By maintaining its strengths and addressing areas of improvement, Hindustan Unilever is poised for sustained growth and 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.
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