RELX PLC (REL) Earnings: 1H Revenue Misses Estimates at GBP4.64 Billion, Full Year Outlook Reaffirmed

RELX PLC on Smartkarma

Analysts on Smartkarma, like Baptista Research, are closely following RELX PLC, a multinational information and analytics company. In their recent report titled “RELX PLC: Strong Reception to New Product Launches & 5 Other Factors Driving Growth in 2024!”, they highlighted the company’s stellar financial performance in 2023. RELX reported an 8% growth in underlying revenue and a 13% increase in adjusted operating profit. Moreover, they proposed an 8% hike in the full-year dividend in pound sterling. The analysts are optimistic about the company’s growth trajectory based on this data.

A look at RELX PLC Smart Scores

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

Analysing RELX PLC using the Smartkarma Smart Scores, the company shows a promising long-term outlook with strong scores in Growth and Momentum. With a score of 4 in Growth, RELX PLC demonstrates potential for future expansion and development within its industry. Additionally, a Momentum score of 4 indicates the company’s ability to sustain its positive market performance over time. While the scores for Value, Dividend, and Resilience are somewhat moderate, the high scores in Growth and Momentum suggest a bright outlook for RELX PLC‘s future growth and market presence.

Relx PLC, a provider of information solutions catering to professional customers across various sectors, including scientific, medical, legal, and business industries, operates on a global scale. Dually-listed alongside REN NA, the company’s Smartkarma Smart Scores highlight its strengths in Growth and Momentum, pointing towards a positive trajectory for RELX PLC in the long term.

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