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Smartkarma Newswire

Aisin (7259) Earnings: Operating Income Forecast Falls Short of Estimates

By | Earnings Alerts
  • Aisin reported an operating income of 220.00 billion yen, which is lower than the estimated 246.74 billion yen.
  • The company’s net income is also less than expected at 130.00 billion yen, compared to the estimated 160.86 billion yen.
  • Aisin’s net sales have also missed the estimate. They reported 4.92 trillion yen instead of the expected 5.1 trillion yen.
  • The company’s predicted dividend is 180.00 yen, slightly under the estimate of 185.00 yen.
  • For the fourth quarter, Aisin had an operating income of 49.61 billion yen, which is a 61% year-on-year increase but still lower than the estimated 60.61 billion yen.
  • The net income was 23.41 billion yen, up by 67% compared to the last year, but still below the estimated 30.59 billion yen.
  • Fourth-quarter net sales were at 1.18 trillion yen, a slight decrease of 0.9% year on year from the expected 1.22 trillion yen.
  • For the whole year, net sales increased by 12% year-on-year to reach 4.91 trillion yen but this was below the estimated 4.94 trillion yen.
  • Aisin’s stock fell by 2.5% to 5,908 yen per share. The total trading volume was 771,600 shares.
  • Current market consensus on Aisin’s stock is ‘Hold’ with 7 ‘Buy’, 6 ‘Hold’ and 1 ‘Sell’ recommendation.

A look at Aisin Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth5
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

Considering Aisin Corporation’s Smartkarma Smart Scores, the company appears to have a promising long-term outlook. Aisin scores well in key areas such as Growth and Momentum, indicating strong potential for expansion and positive market trends. The solid scores in Value and Dividend further reflect a financially stable and attractive investment proposition. While Resilience scores slightly lower, the overall outlook remains positive for Aisin as it navigates through market challenges.

Aisin Corporation, a manufacturer of motor vehicle parts with a global presence, stands out for its robust performance in critical areas according to the Smartkarma Smart Scores. With a focus on innovation and quality, Aisin produces a wide range of automotive components essential for vehicle operation and safety. The company’s high scores in Growth and Momentum underscore its ability to adapt and thrive in the ever-evolving automotive industry, positioning it favorably for sustained success in the long run.


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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Toyota Industries (6201) Earnings: FY Operating Income Forecasts Misses Analyst Estimates

By | Earnings Alerts
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  • Toyota Industries predicts operating income to be 250.00 billion yen, lower than the estimated 263.03 billion yen.
  • The company anticipates net income to be 260.00 billion yen, falling short of the estimated 266.28 billion yen.
  • Net sales are predicted to be 3.90 trillion yen, under the estimated 3.96 trillion yen.
  • Toyota looks to offer a dividend of 280.00 yen, higher than the estimated 244.64 yen.
  • The company reported operating loss of 507.0 million yen in the fourth quarter against last year’s profit of 31.22 billion yen.
  • The net loss in the same period was 2.02 billion yen as opposed to a profit of 23.63 billion yen year-on-year.
  • The net sales however increased by 10% year-on-year reaching 1.01 trillion yen.
  • Analysts’ rating for Toyota Industries stock stands at 5 buys, 10 holds, 1 sell.

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Toyota Industries on Smartkarma

Analysts on Smartkarma have provided coverage on Toyota Industries, with insights from Travis Lundy. In a bearish sentiment piece titled “Denso’s Big Multi-Year Toyota Industries (6201) Selldown,” Lundy discusses Denso’s recent announcement of a multi-year selldown of Toyota Industries shares. This selldown amounts to 9% of the stock over 10 quarters and indicates potential further selling pressure from cross-holders. Lundy notes that despite perceptions of cheapness, Toyota Industries may not be as attractively valued as believed, leading to disappointment in the market. The absence of substantial buybacks and offerings raises concerns about the company’s path forward and the impact on investor sentiment.


A look at Toyota Industries Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth4
Resilience3
Momentum5
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

Toyota Industries Corporation, a key player within the Toyota Motor Group, has received a solid overall outlook based on Smartkarma Smart Scores. With a strong momentum score of 5, indicating a positive trend in performance, Toyota Industries is poised for potential growth. The company’s high value score of 4 highlights its attractiveness in terms of valuation, while a growth score of 4 suggests promising future expansion opportunities. Despite a somewhat lower dividend score of 2, Toyota Industries maintains resilience with a score of 3, indicating stability in the face of challenges.

As a diversified company involved in assembling motor vehicles, manufacturing automotive parts, and producing a range of industrial equipment and electronic devices, Toyota Industries is well-positioned for long-term success. Investors may find the company appealing based on the combination of its strong momentum, value, and growth scores, showcasing its potential for continued growth and performance within its 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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Denso Corp (6902) Earnings Fall Short of Estimates: FY Operating Income and Net Sales Reveal Downslide

By | Earnings Alerts
  • Denso’s forecasted operating income is 714.00 billion yen, missing the estimated 736.49 billion yen.
  • The anticipated net income is 526.00 billion yen, lower than the previously predicted 556.81 billion yen.
  • Projected net sales are 7.35 trillion yen, which falls short of the 7.52 trillion yen estimate.
  • Denso sees a prospective dividend of 64.00 yen, which is higher than the previously estimated 59.56 yen.
  • Fourth quarter results revealed an operating income of 142.02 billion yen, showing a 10% decrease from the previous year and lower than the 239.86 billion yen estimate.
  • The net income for the quarter was 137.17 billion yen, which didn’t meet the 185.55 billion yen estimate.
  • However, net sales were near the estimate with actual sales being 1.79 trillion yen and estimated sales at 1.8 trillion yen.
  • Annual results demonstrated net sales at 7.14 trillion yen, showing a 12% increase from the previous year and meeting the exact estimate.
  • The yearly operating income was 380.60 billion yen, an 11% decrease from last year and under the anticipated 484.93 billion yen.
  • Stock market opinion on Denso is split with 14 buys, 6 holds, and 1 sell.

Denso Corp on Smartkarma

Analyst coverage of Denso Corp on Smartkarma reveals diverse insights from independent analysts. Mohshin Aziz highlights Japan’s focus on promoting shareholder return through naming and shaming laggard companies. Aki Matsumoto discusses Toyota’s sale of Denso shares to prioritize EV investment while retaining influence, raising concerns for minority shareholders. Sumeet Singh provides a weekly market update mentioning Denso Corp pricing impacts amidst a flurry of IPO launches in India. Arun George analyzes Denso’s recent offering, noting the share price movement post-announcement and the potential positive returns for investors in large placements.

These analysts offer valuable perspectives on Denso Corp, covering various aspects from market trends to strategic decisions, providing investors with a range of insights to consider when evaluating the company’s potential performance in the market.


A look at Denso Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience3
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

Denso Corp, a leading manufacturer of electronic automotive parts, boasts a positive long-term outlook based on the Smartkarma Smart Scores. With a strong emphasis on growth and momentum, scoring a 5 in both categories, Denso is positioned well for future expansion and market performance. Its solid scores in value, dividend, and resilience, all ranking at 3, further enhance its overall outlook, indicating a balanced approach to financial stability and shareholder returns.

Specializing in products like automobile air conditioners, air bags, and ignition systems, Denso Corp has carved a niche in the automotive industry. Its diverse product portfolio, which includes generators and power steering systems, showcases the company’s commitment to innovation and quality. Additionally, Denso’s production of communication equipment for mobile navigation systems reflects its adaptability to evolving technology trends. With favorable Smart Scores across key metrics, Denso Corp is positioned as a strong player in the market with promising long-term growth potential.


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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Hyundai Mobis (012330) Earnings: 1Q Operating Profit Soars by 30%, Yet Misses Estimates

By | Earnings Alerts
  • Hyundai Mobis‘ operating profit in the first quarter of this year was 542.66 billion won, marking a 30% increase year over year. However, it fell short of the estimated 630.06 billion won.
  • The company’s net profit was 861.14 billion won, a 2.4% increase from the previous year, but slightly lower than the estimated 869.27 billion won.
  • Sales for Hyundai Mobis came in at 13.87 trillion won, showing a decrease of 5.4% from the previous year and also lower than the estimated 14.57 trillion won.
  • The disclosed figures indicate 30 buy ratings for the company’s stock, 4 hold ratings, and no sell ratings.
  • All the comparisons to past results were made based on values reported directly from the company’s original disclosures.

Hyundai Mobis on Smartkarma

Analyst coverage of Hyundai Mobis on Smartkarma includes insights from Douglas Kim. In his report titled “Alpha Generation Through Share Buybacks in Korea: Bi-Monthly (Jan and Feb 2024)“, Kim discusses companies that announced share buybacks in Korea during the mentioned period. Hyundai Mobis, along with other major companies like Shinhan Financial and Samick Musical Instruments, have been highlighted for outperforming the market through their share buyback programs.


A look at Hyundai Mobis Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth4
Resilience4
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

Hyundai Mobis, a company specializing in manufacturing and marketing automotive parts and equipment, has received positive ratings across various factors based on Smartkarma Smart Scores. With a top score in Value and strong ratings in Growth, Resilience, and Momentum, the company is poised for a promising long-term outlook. The high Value score indicates that Hyundai Mobis is considered undervalued in the market, offering potential for growth in the future.

Additionally, the company’s respectable scores in Growth, Resilience, and Momentum suggest that Hyundai Mobis is well-positioned to continue its expansion and navigate through challenges effectively. While the Dividend score is slightly lower, the overall outlook for Hyundai Mobis appears optimistic, reflecting strength in key areas essential for sustained success in the automotive parts 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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S Oil Corp (010950) Earnings Report: 1Q Operating Profit Declines by 12%, Misses Estimated Figures

By | Earnings Alerts
  • S-Oil’s first quarter operating profit was reported as 454.11 billion won, which is a 12% decrease from the previous year.

  • The net profit was significantly lower than expected, reported at 166.20 billion won, a drastic drop of 37% from the prior year.

  • Despite the decline in profits, sales saw a marginal increase at 9.31 trillion won, marking a 2.5% growth year over year. However, this still fell short of the estimated 9.39 trillion won.

  • In terms of market sentiments, there are more positive views towards the company with 22 buy recommendations. Additionally, there are 2 hold recommendations and notably, no sell recommendations.

  • These comparisons are based on values reported by the company from its original disclosures.


A look at S Oil Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth5
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, S Oil Corp appears to have a positive long-term outlook. With high scores in Growth and Momentum, the company is positioned for potential expansion and market performance. Additionally, strong scores in Value and Dividend indicate a solid foundation and potential for returns for investors. However, the slightly lower score in Resilience suggests some level of vulnerability to industry fluctuations or challenges.

S Oil Corp, a company that focuses on petroleum refining, petrochemical, and lubricant business, has received favorable scores across key factors such as Growth and Momentum. This suggests that the company is well-positioned for future growth and market activity. While Value and Dividend scores signify a promising investment opportunity, the lower score in Resilience may warrant caution due to possible susceptibility to market shifts or risks.


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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Agnico Eagle Mines 1Q Earnings Surpass Estimates; Gold Sales Volume and Prices Beat Expectations

By | Earnings Alerts

Agnico Eagle Mines 1st quarter Adjusted EPS surpassed the estimated 61c to reach 76c.

• The company recorded revenue from mining operations at $1.83 billion, beating the estimate of $1.79 billion.

• The sales volume of gold reached 879,063 ounces, surpassing the estimated 849,934 ounces.

• The realized price per ounce of gold was $2,062, higher than the estimated $2,051.

• The realized price per ounce of silver was $23.80, higher than the estimate of $23.29.

• The reported capital expenditure was $340.9 million.

• The company maintained its guidance for gold production, cost, and capital expenditure for 2024.

• The expected payable gold production remains unchanged at approximately 3.35 to 3.55 million ounces in 2024.

• The total cash costs per ounce and All-In Sustaining Costs (AISC) per ounce in 2024 are unchanged at $875 to $925 and $1,200 to $1,250, respectively.

• The estimated total capital expenditures (excluding capitalized exploration) for 2024 ranges between $1.6 billion to $1.7 billion.

• There were 16 buys, 0 holds, and 1 sell for Agnico Eagle Mines stocks.


A look at Agnico Eagle Mines Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
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

The long-term outlook for Agnico Eagle Mines is positive as indicated by its Smartkarma Smart Scores. With a strong growth score of 4, the company is expected to continue expanding and developing its gold properties, especially through underground operations. This growth potential is further supported by a momentum score of 4, suggesting that the company is gaining traction in the market and seeing positive movement in its stock performance.

In addition, Agnico Eagle Mines shows resilience with a score of 3, indicating its ability to endure challenges and maintain stability. The company also scores well in terms of value and dividend, both with a score of 3, reflecting a solid foundation for investors looking for steady returns. Overall, Agnico Eagle Mines is well-positioned for long-term success in the gold production industry, leveraging its diverse operations across different regions.


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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1Q Earnings Outshine Estimates: A Closer Look at Weyerhaeuser Co (WY) Performance

By | Earnings Alerts

• Weyerhaeuser’s 1Q adjusted EPS beat estimates with 16c against the estimated 15c and last year’s 21c.

• Total net sales were down by 4.5% y/y to reach $1.80 billion, slightly missing the estimated $1.86 billion.

• Net Sales from Timberlands took a 14% dip y/y to hit $521 million, however, this was much higher than the estimated $394.2 million.

• Real Estate, Energy & Natural Resources reported net sales of $107 million, representing a y/y increment of 5.9%, and beating the $93.3 million estimate.

• Wood Products net sales totalled $1.30 billion, dropping 1.2% y/y and falling short of the $1.37 billion estimate.

• Adjusted EBITDA was at $352 million, a decrease of 11% y/y but above the estimate of $345.9 million.

• Timberlands’ adjusted EBITDA fell by 23% y/y to $144 million, just shy off the $144.8 million estimate.

• Real Estate, Energy & Natural Resources sector’s adjusted EBITDA saw a 5.6% y/y increase to $94 million, surpassing the $81.1 million estimate.

• Wood Products sector experienced a 24% y/y increase in adjusted EBITDA to reach $184 million, barely beating the estimated $183.3 million.

• Capital expenditure rose by 11% y/y to $79 million, which was lower than the estimated $87.1 million.

• Current ratings stand at 6 buys, 7 holds, with 0 sells.


A look at Weyerhaeuser Co Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
Momentum3
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

Weyerhaeuser Co, an integrated forest products company with a global presence, has received neutral scores across the board on the Smartkarma Smart Scores. With scores of 3 in Value, Dividend, Growth, Resilience, and Momentum, the company appears to be positioned steadily in these key areas. As a real estate investment trust (REIT), Weyerhaeuser focuses on tree growth and harvest, real estate development, and forest product manufacturing. This balanced assessment from Smartkarma indicates a stable long-term outlook for the company.

In the evolving landscape of the forest products industry, Weyerhaeuser Co seems to have a solid foundation, as reflected in its consistent scores for various factors. While not excelling in any particular area, the company’s across-the-board average scores suggest a well-rounded approach to its operations. As an established player in the sector, Weyerhaeuser’s ability to maintain moderate scores across Value, Dividend, Growth, Resilience, and Momentum signifies a poised stance for sustainable growth and resilience in the long term.


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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Tenaris SA (TEN) Earnings Surpass Expectations: 1Q Net Income and Sales Beat Estimates

By | Earnings Alerts
  • Tenaris net income for the first quarter exceeded expectations, reaching $750.2 million against the estimated $619.1 million.
  • The company posted net sales of $3.44 billion, surpassing the forecasted $3.37 billion.
  • Tubes sales also beat estimates, coming in at $3.13 billion, higher than the projected $3.1 billion.
  • North America tube sales amounted to $1.49 billion, significantly more than the estimated $1.33 billion.
  • However, South America tube sales fell short of estimates, clocking in at $614 million, lower than the expected $698.3 million.
  • Europe tubes sales also missed estimates, recording $226 million against the anticipated $273.4 million.
  • Tubes sales volume was 1.05 million tons, surpassing the estimated 1.01 million tons.
  • Operating income stood at $811.7 million, higher than the projected $714.5 million.
  • Ebitda was reported at $987.1 million, outpacing the estimated $861.6 million.
  • The Ebitda margin was 28.7%, higher than the anticipated 25.5%.
  • Earnings per share (EPS) were 64 cents, ahead of the expected 53 cents.
  • Tenaris achieved a free cash flow of $714.9 million, notably more than the forecasted $484 million.
  • The stock had 9 buy ratings, 6 hold ratings, and 2 sell ratings.

A look at Tenaris SA Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
Resilience4
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

Smartkarma’s Smart Scores indicate a positive long-term outlook for Tenaris SA, a company that manufactures seamless steel pipe products and provides services to the oil and gas industries. With high scores in Growth and Momentum, Tenaris is positioned for long-term success and expansion. The company’s strong Resilience score reflects its ability to withstand market fluctuations, while the Value score suggests a solid investment opportunity. Although the Dividend score is lower, Tenaris’ focus on growth and momentum bodes well for its future performance.

Tenaris SA‘s impressive Smart Scores highlight its potential for growth and resilience in the market. As a key player in supplying welded steel pipes for gas pipelines globally, the company’s high scores in Growth and Momentum indicate a promising trajectory. With a solid Resilience score, Tenaris is positioned to navigate challenges effectively. While the Value and Dividend scores are moderate, Tenaris’ focus on innovation and market momentum positions it as a strong contender 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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Principal Financial (PFG) Earnings Miss Estimates Despite Increases in Key Areas

By | Earnings Alerts
  • Principal Financial 1Q Adjusted Operating EPS was $1.65, lower than the estimated $1.73.
  • The company’s pretax operating profit was $472.2 million, under the estimate of $505.1 million.
  • Principal Asset Management Pre-Tax Oper Earnings saw a slight annual decrease of 0.4%, coming in at $187.1 million.
  • The Retirement and Income Solutions Pre-Tax Operating Income was $262.2 million, slightly below the estimated $265.7 million.
  • Principal Global Investors Pre-Tax Operating Income was $113.9 million, up 4.4% year over year.
  • Principal International Pre-Tax Operating Income decreased 7% year-over-year to $73.2 million.
  • Benefits and Protection Pre-Tax Oper Earnings increased 13% annually, registering at $111.8 million.
  • The book value per share was $47.60, exceeding the estimate of $47.18.
  • The analyst’s consensus for the company’s shares are 0 buys, 12 holds, 2 sells.

A look at Principal Financial Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience4
Momentum4
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

Principal Financial Group, Inc. has shown a solid long-term outlook according to the Smartkarma Smart Scores. The company received positive scores across various key factors, including Dividend, Resilience, and Momentum, indicating strength in these areas. With a focus on retirement solutions, life insurance, and investment products, Principal Financial is positioned well for the future.

Despite facing some challenges in terms of Value and Growth scores, the overall positive outlook in Dividend, Resilience, and Momentum is a good sign for investors considering Principal Financial for their portfolio. As a provider of financial products and services to businesses, individuals, and institutional clients, the company’s strong performance in key areas bodes well for its long-term sustainability and growth potential.


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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Eastman Chemical Co (EMN) Earnings Surpass Estimates: 1Q Adjusted EPS Beats Expectations, Sales Revenue on Target

By | Earnings Alerts
  • Eastman Chemical’s Adjusted EPS for the first quarter surpasses predictions. It recorded $1.61 against the estimated $1.44.
  • The company met its sales revenue forecast of $2.31 billion.
  • The Adjusted operating income also exceeded the expected value with $274 million recorded against the $259.5 million estimate.
  • Out of the different trading options, there were 10 purchases, 13 holders, and zero sell offs.

Eastman Chemical Co on Smartkarma

Analyzing Eastman Chemical Co on Smartkarma, Baptista Research‘s report titled “Eastman Chemical Company: Tackling Market Instabilities – A Strategy for Success! – Major Drivers” highlights a mixed performance in the previous quarter. While revenues fell short of analyst projections, earnings managed to exceed expectations. The decline in earnings was mainly attributed to volume and mix, leading to a variable margin decrease of around $450 million.

Despite these challenges, Eastman Chemical’s management remains cautiously optimistic about market stability, especially in non-discretionary sectors such as pharma and medical. They foresee some modest growth in these areas, indicating a strategic approach to navigating the current market environment.


A look at Eastman Chemical Co Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience2
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

Analysts at Smartkarma have rated Eastman Chemical Co based on various factors that indicate its long-term outlook. The company scored well in Dividend, Growth, and Momentum, with scores of 4 for each. This suggests that Eastman Chemical Co is likely to provide steady dividends, grow consistently, and exhibit positive momentum in the market.

However, the company received lower scores in Value and Resilience, with scores of 3 and 2 respectively. This indicates that Eastman Chemical Co may not be considered undervalued compared to its peers and might have some vulnerability to economic downturns or market challenges. Overall, with a mix of strong and weaker scores, Eastman Chemical Co‘s long-term outlook appears to be a balance of growth potential and possible risks.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars