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Jeronimo Martins SGPS SA (JMT) Earnings: Strong 4Q Sales Meet Estimates Amidst Market Challenges

By | Earnings Alerts
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  • Jeronimo Martins’ total Q4 sales reached EU8.70 billion, marking a 6.7% year-over-year increase, matching the analyst estimate of EU8.62 billion.
  • Biedronka, a major contributor to sales, achieved EU6.11 billion in revenue, exceeding expectations with a 7.4% yearly growth against an estimate of EU6.05 billion.
  • Hebe sales showed robust growth, reaching EU161 million, representing a 15% year-over-year increase, slightly below the estimate of EU162.9 million.
  • Pingo Doce recorded sales of EU1.36 billion, up 4.1% from the previous year, closely aligning with the EU1.35 billion estimate.
  • Recheio sales hit EU336 million, growing 2.1% year-over-year, surpassing the estimate of EU334.2 million.
  • Ara’s sales amounted to EU724 million, reflecting a 5.7% increase, and exceeded the projected EU710.1 million.
  • For the full year 2024, Jeronimo Martins’ total sales were EU33.47 billion, up 9.3% year-over-year, slightly above the EU33.45 billion estimate.
  • The company attributes its sales growth to investments in price competitiveness, which helped attract cautious consumers in Poland affected by macroeconomic conditions.
  • Jeronimo Martins anticipates a “turbulent and uncertain” environment in the first half of 2025, with consumer behavior likely to remain prudent and competitive dynamics high.
  • Analyst recommendations are predominantly positive: 18 buy ratings, 7 hold ratings, and 2 sell ratings.

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A look at Jeronimo Martins Sgps Sa Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.0

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, Jeronimo Martins Sgps Sa has a positive long-term outlook. With a Momentum score of 4, the company shows strong potential for future growth and performance. Additionally, its scores for Dividend, Growth, and Resilience, all at 3, indicate a stable and promising investment opportunity. While the Value score is 2, suggesting some room for improvement, the overall picture for Jeronimo Martins Sgps Sa looks favorable.

Jeronimo Martins, SGPS, S.A. is a company that holds and operates various businesses involved in food distribution and manufacturing across Portugal, Poland, and Colombia. Its diverse operations in supermarkets, cash and carry stores, as well as retail stores, position the company well within the food industry. With a solid track record in providing food products and services to consumers, Jeronimo Martins Sgps Sa appears well-equipped to capitalize on its market presence and drive future growth.


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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Illumina Inc (ILMN) Earnings: Q4 Preliminary Results Show Adjusted EPS of 91c-93c, Shares Drop Pre-Market

By | Earnings Alerts
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  • Illumina’s preliminary fourth-quarter adjusted earnings per share (EPS) is estimated to be between 91 cents and 93 cents.
  • The company expects preliminary revenue for the fourth quarter to be approximately $1.1 billion.
  • Illumina’s shares dropped by 3.6% in pre-market trading following the release of preliminary results.
  • The company has provided preliminary guidance for 2025.
  • Revenue growth for 2025 is anticipated to be in the low single digits.
  • The projected non-GAAP operating margin for 2025 is about 23%.
  • Adjusted diluted EPS is expected to grow by approximately 10% in 2025.
  • Shares saw a larger drop of 4.3% in pre-market trading to $138.00 with a volume of 3,164 shares traded.
  • Investment recommendations include 14 buys, 14 holds, and 1 sell.

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Illumina Inc on Smartkarma

Analysts on Smartkarma, like Baptista Research, are closely monitoring Illumina Inc, a major player in the biotech industry. In their recent coverage, Baptista Research highlighted Illumina’s mixed third-quarter performance for 2024, showcasing both progress and hurdles in its operations. Despite meeting revenue expectations of $1.1 billion, a 2% decline year-over-year was observed, attributed to decreased instrument sales impacted by global capital constraints and comparisons with the NovaSeq X series launch year.

Additionally, Baptista Research‘s analysis of Illumina’s second-quarter performance in 2024 revealed revenue exceeding expectations, reaching $1.1 billion. While core Illumina showed strong execution against strategic goals, challenges like longer sales cycles and global economic pressures affecting equipment orders were acknowledged. Despite these obstacles, the uptake of sequencing consumables, especially the NovaSeq X Plus, surged, indicating a promising shift and potential future growth trajectory for Illumina Inc.


A look at Illumina Inc Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth2
Resilience2
Momentum4
OVERALL SMART SCORE2.2

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

Looking ahead, Illumina Inc, a company specializing in genetic analysis systems, shows a mixed long-term outlook based on the Smartkarma Smart Scores. While the company scores well in terms of Momentum, indicating strong market performance, its scores in Value, Dividend, Growth, and Resilience are relatively lower. This suggests that Illumina may face challenges in areas such as valuation, dividend yield, growth potential, and resilience to market changes in the long term. Illumina’s focus on developing integrated systems for genetic analysis positions it as a key player in serving various research and pharmaceutical sectors.

Illumina Inc‘s Smartkarma Smart Scores of 2 in Value, Growth, and Resilience, 1 in Dividend, and 4 in Momentum offer a glimpse into its overall outlook. Despite demonstrating strong momentum, the company may need to address aspects related to value, growth, and resilience. As Illumina continues to provide advanced genetic analysis products and services to research centers, pharmaceutical firms, and biotechnology companies, careful consideration of these Smart Scores can guide investors in assessing the company’s long-term potential and performance 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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Parex Resources (PXT) Earnings Projection: 2025 Targets and Financial Outlook

By | Earnings Alerts
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  • Parex Resources forecasts average production for 2025 to be between 43,000 and 47,000 barrels of oil equivalent per day (boe/d).
  • Preliminary report indicates fourth-quarter 2024 average production at 45,297 boe/d.
  • Total capital expenditure (Capex) for 2025 is expected to be between $285 million and $315 million.
  • The company is targeting full-year 2025 average production at 45,000 boe/d, with capital expenditures set at $300 million.
  • Parex Resources projects a funds flow from operations of $445 million for 2025 at a Brent oil price of $70 per barrel.
  • Expected free funds flow for 2025 is $145 million, reducing to $40 million after distributing an annual regular dividend of approximately $105 million (C$1.54 per share).
  • Total amount available under the company’s senior secured credit facility has increased from $200 million to $240 million.
  • Analyst ratings include 0 buy recommendations, 8 holds, and 0 sell recommendations.

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A look at Parex Resources Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE4.2

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, Parex Resources Inc. is projected to have a positive long-term outlook. With top scores in Value and Dividend, the company is seen as strong in terms of financial health and shareholder returns. Additionally, Parex Resources scores well in Momentum, indicating a favorable market sentiment towards the company’s stock. Despite slightly lower scores in Growth and Resilience, the overall outlook remains promising for this oil and gas exploration and production company.

As an oil and gas exploration and production company with interests in Colombia and Trinidad & Tobago, Parex Resources Inc. is riding on a high wave with its stellar Value, Dividend, and Momentum scores. These scores reflect the company’s solid financial foundation, attractive dividend payouts, and positive market sentiment. While Growth and Resilience scores are not as high, Parex Resources‘ overall outlook remains strong, setting a positive tone for its future growth and resilience in the industry.


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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IAMGOLD Corp (IMG) Earnings: 2025 Forecasts Show Increased Gold Production and Cash Cost Guidance

By | Earnings Alerts
  • Iamgold predicts gold production for 2025 to be between 735,000 and 820,000 ounces.
  • The preliminary full-year attributable gold production for the previous year was 667,000 ounces.
  • The company estimates cash costs for 2025 to range from $1,200 to $1,350 per ounce sold.
  • Analyst ratings for Iamgold include 6 buy recommendations, 3 hold recommendations, and 1 sell recommendation.

A look at IAMGOLD Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience3
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

IAMGOLD Corporation, a mid-tier gold mining company, is poised for a strong long-term outlook, according to Smartkarma Smart Scores. With a high Growth score of 5, IAMGOLD is positioned for significant expansion and development in the future. Additionally, its Value score of 4 suggests that the company is trading at an attractive valuation, making it a potentially lucrative investment option. The Momentum score of 4 indicates positive market momentum for IAMGOLD, showcasing increasing investor interest and confidence in the company’s prospects. While the Resilience score of 3 indicates a moderate level of resilience, the overall Smart Scores paint a promising picture for IAMGOLD Corp‘s future.

Despite receiving a lower Dividend score of 1, IAMGOLD Corp‘s strong performance in areas such as Growth, Value, and Momentum bode well for its long-term prospects. The company’s strategic focus in regions like West Africa, South America’s Guiana Shield, and Quebec, where it has various development and exploration projects in the pipeline, positions it for sustained growth and success in the gold mining industry. Investors may find IAMGOLD Corp an enticing opportunity based on its favorable Smart Scores across key factors, indicating a positive outlook for the company’s overall performance and potential for future value appreciation.


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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Cardinal Health (CAH) Earnings: FY Adjusted EPS Projected at High End of $7.75-$7.90 Range

By | Earnings Alerts
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  • Cardinal Health anticipates its fiscal year 2025 non-GAAP EPS to align with the high end of the forecasted range of $7.75 to $7.90.
  • This projection is largely due to robust performance in the Pharmaceutical and Specialty Solutions segment.
  • The company had previously estimated an EPS range of $7.75 to $7.90, with a specific estimate of $7.84.
  • Cardinal Health is scheduled to present at the JPMorgan Annual Healthcare Conference.
  • Analyst recommendations include 12 buys, 5 holds, and 1 sell for Cardinal Health stock.

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Cardinal Health on Smartkarma

Analysts on Smartkarma are bullish on Cardinal Health, Inc., with Value Investors Club highlighting the strong performance under CEO Jason Hollar. The company has shown double-digit EPS growth, engaged in share repurchases, and set ambitious three-year growth targets. Despite challenges such as generic price fluctuations, Cardinal Health is strategically transitioning to higher-margin services for enhanced growth and profitability.

Additionally, Baptista Research echoes a positive sentiment, emphasizing Cardinal Health‘s strong financial and operational results in the first quarter of fiscal year 2025. The company’s Pharmaceutical and Specialty Solutions segment drove significant growth, with CEO Jason Hollar’s effective management leading to a 16% growth in segment profit. Demand across various pharmaceutical categories, especially specialty and consumer health, has played a crucial role in Cardinal Health‘s recent success.


A look at Cardinal Health Smart Scores

FactorScoreMagnitude
Value0
Dividend3
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE3.2

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

Cardinal Health, Inc. provides a wide range of products and services to healthcare providers and manufacturers, including pharmaceutical distribution, healthcare product manufacturing, and consulting services. With a strong focus on resilience and growth, as indicated by its high scores in these areas, Cardinal Health seems well-positioned for long-term success in the healthcare industry. Its solid momentum score also suggests positive market sentiment and potential for continued performance. While the company lacks a high value score, its emphasis on dividends and growth bode well for investors seeking stable returns and opportunities for expansion.

Overall, Cardinal Health‘s strategic focus on resilience, growth, and momentum reflects a positive long-term outlook for the company. By leveraging its expertise in pharmaceutical distribution and healthcare products, Cardinal Health is poised to capitalize on industry trends and emerging opportunities. With a solid foundation in place, including a strong dividend score, Cardinal Health appears to be a strong contender in the healthcare sector with potential for sustained growth and value creation.


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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China Citic Bank Corp Ltd H (998) Earnings: Preliminary FY Net Income Rises 2.33% Despite NPL Ratio Slightly Exceeding Estimates

By | Earnings Alerts
  • Citic Bank’s preliminary full-year net income increased by 2.33%.
  • The bank reported a preliminary net income of 68.58 billion yuan.
  • The preliminary non-performing loans ratio was noted at 1.16%.
  • Analysts had estimated a slightly lower non-performing loans ratio of 1.11%.
  • Analyst ratings show 13 buy recommendations, 3 hold recommendations, and no sell recommendations for Citic Bank.

A look at China Citic Bank Corp Ltd H Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.2

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



China Citic Bank Corp Ltd H, a banking company that provides a range of financial services, has received positive Smart Scores across key factors. With top scores in Value and Dividends, the company is positioned well for long-term success. This indicates that the company offers good value for investors and has a strong track record of paying dividends.

Additionally, the high Momentum score suggests that China Citic Bank Corp Ltd H is experiencing strong positive price trends, while the Growth score indicates promising growth potential. However, the lower Resilience score may point to some areas of vulnerability. Overall, with an overall positive outlook based on the Smart Scores, China Citic Bank Corp Ltd H seems to be a solid choice for investors seeking value and dividends in the banking sector.

Summary: China CITIC Bank Corporation Limited offers a variety of banking services including deposits, loans, currency trading, and other financial solutions. Serving individuals, enterprises, and other clients, the company is well-regarded for its value, dividend payouts, and growth potential according to Smartkarma Smart Scores.



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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Advanced Micro-Fabrication Equ (688012) Earnings: FY Net Income Decline of 4.81% to 16% Amid Revenue of 9.07 Billion Yuan

By | Earnings Alerts
  • Advanced Micro-Fab’s preliminary full-year net income is predicted to decrease by 4.81% to 16%.
  • The company’s preliminary net income is estimated to be between 1.5 billion yuan to 1.7 billion yuan.
  • Preliminary revenue for Advanced Micro-Fab is projected at 9.07 billion yuan.
  • The company has plans to establish a new unit dedicated to projects.
  • Market analysts have given Advanced Micro-Fab 32 buy ratings, 5 hold ratings, and 0 sell ratings.

A look at Advanced Micro-Fabrication Equ Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience5
Momentum5
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

Advanced Micro-Fabrication Equipment Inc. from China has been given positive Smart Scores across the board according to Smartkarma. With a high Growth score of 5, the company shows promising potential for future expansion and development in the semiconductor industry. Additionally, scoring well in Resilience and Momentum with a score of 5 each, Advanced Micro-Fabrication Equ is positioned to weather market fluctuations and maintain its positive trajectory.

While the Value and Dividend scores are more moderate at 2, the overall outlook for Advanced Micro-Fabrication Equ seems strong. The company, known for manufacturing micro-fabrication equipment for the semiconductor and high technology industries, appears to have solid growth prospects and a resilient business model, according to the Smartkarma Smart Scores assessment.

Summary of the company: Advanced Micro-Fabrication Equipment Inc. from China is engaged in the research, development, production, and sale of semiconductor equipment. They cater to the semiconductor and high technology industries with their range of products.


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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China Shenhua Energy Co H (1088) Earnings: December Coal Sales Drop 7.2% with Positive Analyst Ratings

By | Earnings Alerts
  • China Shenhua experienced a 7.2% decrease in coal sales volume in December.
  • The total coal sales volume for the month was 37.5 million tons.
  • Analyst recommendations for China Shenhua include 12 buy ratings, 5 hold ratings, and 1 sell rating.

A look at China Shenhua Energy Co H Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE4.2

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

China Shenhua Energy Company Limited, a leading integrated coal-based energy company in China, is poised for a positive long-term outlook as per the Smartkarma Smart Scores analysis. With consistently high scores in key areas, such as Value, Dividend, Growth, Resilience, and Momentum, the company showcases strong overall fundamentals. These scores suggest that China Shenhua Energy Co H offers good value, stable dividends, solid growth potential, resilience in challenging market conditions, and positive momentum in its performance.

China Shenhua Energy Co H‘s emphasis on coal and power businesses, along with its ownership of an integrated coal transportation network, positions it as a major player in the Chinese energy sector. The high Smart Scores in various categories indicate a favorable outlook for the company’s future performance and underline its strong operational and financial capabilities. Investors may find this combination of factors appealing for potential long-term investment opportunities.


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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China Merchants Bank A (600036) Earnings: FY Net Income Rises by 1.22%, Exceeding Estimates

By | Earnings Alerts
  • China Merchants Bank reported a preliminary net income increase of 1.22% for the fiscal year.
  • The preliminary net income amounted to 148.39 billion yuan, surpassing the estimated 146.62 billion yuan.
  • The bank’s preliminary non-performing loans ratio was reported at 0.95%, slightly higher than the estimated 0.93%.
  • The coverage ratio for non-performing loans was preliminarily reported at 412%, which is below the estimated 425.3%.
  • Analyst recommendations: 22 buy ratings, 1 hold rating, and 1 sell rating for China Merchants Bank.

A look at China Merchants Bank A Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE4.0

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

China Merchants Bank A, according to Smartkarma Smart Scores, shows a promising long-term outlook. With high scores in both the Value and Dividend categories, the company demonstrates strong fundamentals and a commitment to shareholder returns. Additionally, scoring well in Growth and Momentum indicates potential for future expansion and market performance. However, the lower score in Resilience suggests some vulnerability to economic downturns or market fluctuations. Nevertheless, overall, China Merchants Bank A presents a robust profile and a favorable outlook.

China Merchants Bank Co., Ltd. operates as a commercial bank, offering a wide range of financial services including deposits, loans, wealth management, and investment banking. The company serves both domestic and international markets, showcasing a diverse business portfolio. With top scores in Value and Dividend, as well as solid ratings in Growth and Momentum, China Merchants Bank A appears well-positioned for long-term success in the banking sector.


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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HDFC Asset Management Co Ltd (HDFCAMC) Earnings: 3Q Net Income Surpasses Estimates at 6.41 Billion Rupees

By | Earnings Alerts
  • HDFC AMC’s net income for the third quarter is 6.41 billion rupees, surpassing the estimated 6.29 billion rupees.
  • Revenue came in at 9.35 billion rupees, slightly below the estimate of 9.49 billion rupees.
  • Total costs were 1.88 billion rupees, lower than the estimated 2.02 billion rupees.
  • Other income was reported at 930.9 million rupees, marking a 35% year-over-year decline, against an estimate of 1.09 billion rupees.
  • Analyst ratings for HDFC AMC include 18 buys, 6 holds, and 3 sells.

A look at HDFC Asset Management Co Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.6

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, HDFC Asset Management Co Ltd appears to have a positive long-term outlook. The company scored high in Dividends, Growth, Resilience, and Value, indicating that it performs well in these key areas. A high score in Dividends suggests that the company has a strong track record of distributing profits to shareholders. Additionally, the solid scores in Growth and Resilience signify that HDFC Asset Management Co Ltd is well-positioned to expand its business and withstand market challenges. While the Momentum score is slightly lower, the overall scores paint a favorable picture for the company’s future prospects.

HDFC Asset Management Co Ltd, an investment management firm operating in India, offers portfolio management and advisory services to a diverse range of clients, including individuals, institutions, trusts, private funds, charitable organizations, and investment companies. With strong scores in Dividends, Growth, Resilience, and Value, the company demonstrates its ability to deliver returns to investors, pursue growth opportunities, maintain stability in turbulent times, and offer attractive investment opportunities. Overall, HDFC Asset Management Co Ltd seems well-positioned to capitalize on market trends and deliver value to its stakeholders.


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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