Earnings Alerts

Lenovo (992) Earnings: 1Q Revenue and Net Income Surpass Estimates With Strong Operating Profit

  • Lenovo‘s Revenue: $15.45 billion, beating the estimate of $14.12 billion.
  • Net Income: $243.4 million, higher than the estimated $231 million.
  • R&D Expenses: $476.0 million, lower than the estimated $515.6 million from two different estimates.
  • Operating Profit: $494.5 million.
  • Analyst Ratings: 27 “buy” ratings, 3 “hold” ratings, and 0 “sell” ratings.

Lenovo on Smartkarma

Analysts on Smartkarma have differing views on Lenovo‘s future prospects. Leonard Law, CFA, shared bullish sentiment in his Morning Views Asia report, focusing on fundamental credit analysis and trade recommendations for high yield issuers, including insights on key company-specific developments within the past 24 hours. Conversely, another report by Leonard Law, CFA, struck a bearish tone on Lenovo, emphasizing similar fundamental credit analysis but with a more cautious outlook on the company’s trajectory.

On a different note, the Tech Supply Chain Tracker highlighted bullish sentiment in their analysis of Lenovo‘s collaboration with SDC in developing slidable display devices by 2025. This report also delved into the global EV charger market, technological advancements, and partnerships within the tech industry, showcasing a positive outlook on Lenovo‘s innovation and strategic partnerships in the evolving tech landscape.


A look at Lenovo Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience3
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

Lenovo Group Limited, a company specializing in personal computers and handheld devices, is positioned with an overall positive long-term outlook based on Smartkarma Smart Scores. The company’s impressive Momentum score of 5 indicates strong performance in this regard, suggesting a positive trend that could be beneficial for investors. Additionally, Lenovo has garnered solid scores in Growth and Dividend, with scores of 4 and 3 respectively. This signifies a promising trajectory in terms of expansion and potential returns to shareholders. Although the Value and Resilience scores are relatively lower at 2 and 3, respectively, the overall outlook for Lenovo appears optimistic.

In summary, Lenovo Group Limited, a company engaged in the sale and manufacture of personal computers and handheld devices, presents a generally favorable long-term outlook based on its Smartkarma Smart Scores. With positive scores in Growth, Dividend, and Momentum, Lenovo demonstrates strengths in areas crucial for sustained success. While the Value and Resilience scores are moderately lower, the company’s overall outlook remains positive, indicating potential opportunities for investors seeking long-term growth and stability.


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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