- RELX, a global provider of information-based analytics, reports a 7% increase in underlying revenue for the first nine months of 2024.
- The company reaffirms a positive outlook for the full year, anticipating strong underlying revenue growth.
- RELX expects the full year’s underlying adjusted operating profit growth to slightly exceed the revenue growth.
- There is also an expected improvement in the adjusted operating margin compared to the previous full year.
- Market sentiment on RELX is positive, with 11 analysts rating it as a buy, 5 as a hold, and none recommending a sell.
RELX PLC on Smartkarma
Analysts on Smartkarma, like Baptista Research, are closely following RELX PLC‘s performance. In their report titled “RELX Plc: How Are They Executing The Expansion in Risk and Analytics?“, they highlight the company’s strong financial performance in the first half of the year. RELX achieved significant growth across its business segments, with a 7% increase in underlying revenue and a 10% rise in underlying adjusted operating profit. The company also saw a 10% growth in adjusted earnings per share at constant currency, indicating a consistent upward trend in profitability.
A look at RELX PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
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
According to Smartkarma Smart Scores, RELX PLC has a promising long-term outlook. With strong scores in Growth and Momentum, the company is positioned well for future expansion and market performance. The Growth score of 4 indicates a positive trajectory for the company’s development and potential for increased profitability. Additionally, a Momentum score of 4 suggests that RELX PLC is experiencing positive trends in its stock price and market sentiment.
While the company scored lower in Value, Dividend, and Resilience factors, the overall outlook remains positive due to the robust performance in Growth and Momentum. RELX PLC, a provider of information solutions across various industries, including scientific, medical, legal, and business sectors, continues to serve a global customer base, which contributes to its resilient position 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.
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