Category

Earnings Alerts

Vivendi SA (VIV) Earnings Report Showcases 1Q Revenue Surge Beating Estimates; Canal Plus and Havas Group Revenue Rise

By | Earnings Alerts

• Vivendi 1Q Revenue surpassed estimates, clocking in at EU4.28 billion, which is an impressive +87% year on year.

• Canal Plus revenue also exceeded estimates at EU1.54 billion, marking a +4.3% growth year on year.

• Lagardere reported revenue of EU1.88 billion, seeming steady despite the global situation.

• Havas Group revenue was recorded at EU649 million, a +6.2% growth year on year, beating the estimate of EU634.1 million.

• Prisma Media revenue stood at EU71 million, experiencing slight decline of -2.7% year on year. However, it still managed to surpass the estimate of EU68.8 million.

• Gameloft revenue was a bit disappointing at EU68 million, marking a -4.2% decline year on year, slightly below the estimated EU69.6 million.

• Vivendi Village revenue also saw a dip at EU31 million, a decrease of -6.1% year on year. However, it outperformed the estimate which was as low as EU20.4 million.

• New Initiatives revenue, on the other hand, exceeded expectations at EU42 million, marking a considerable +35% growth year on year.

• Organic revenue also saw a rise of +5.4%.

• Company is currently in the process of studying the feasibility of a potential separation plan.

• A shareholder vote on the plan might occur at an extraordinary meeting during the Annual General Meeting scheduled for April 2025.

• Current ratings from market analysts stand at 14 buys, 1 hold, 0 sells.


A look at Vivendi SA Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth2
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

Based on the Smartkarma Smart Scores, Vivendi SA is positioned favorably for long-term growth and value. With a top score in the value category and solid ratings in dividend, resilience, and momentum, Vivendi SA demonstrates strength across multiple key factors. Although growth scored lower, the company’s diversified operations in music, games, television, film, and telecommunications showcase its ability to adapt and innovate in various sectors.

Vivendi SA‘s strong focus on delivering value to its shareholders, coupled with its resilience and positive momentum, bodes well for its long-term outlook. While there is room for growth improvement, the company’s diverse range of digital and entertainment services, including music distribution, interactive entertainment, and telecommunications, positions it as a versatile player 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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Al Rajhi Bank (RJHI) Earnings Report: 1Q Profit Hits Estimates with 4.41 Billion Riyals

By | Earnings Alerts
  • Al Rajhi Bank has reported a first-quarter profit that meets estimates.
  • The profit for the bank came in at 4.41 billion riyals, which is in line with the estimated 4.4 billion riyals.
  • Pretax profit for the bank is reported at 4.91 billion riyals, just below the estimated 4.92 billion riyals.
  • Analysts’ consensus on the bank’s shares currently stands at 3 buys, 12 holds, and 3 sells.

A look at Al Rajhi Bank Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience2
Momentum2
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

Al Rajhi Bank, a leading provider of banking services in Saudi Arabia, showcases a mixed outlook based on the Smartkarma Smart Scores. While the company receives strong ratings in Dividend and Growth at 4 each, indicating a positive stance towards rewarding shareholders and potential growth opportunities, its Value score stands at a moderate 3. On the other hand, Al Rajhi Bank shows lower scores in terms of Momentum and Resilience, both graded at 2, suggesting challenges in maintaining momentum and resilience during market fluctuations.

Looking ahead, Al Rajhi Bank‘s long-term performance may be influenced by its ability to capitalize on growth prospects and sustain its dividend payments. However, the company might face hurdles in terms of market momentum and resilience to external shocks, highlighting the need for strategic planning to navigate through potential uncertainties and maintain a competitive edge 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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Nestle (Malaysia) (NESZ) Earnings Report: 1Q Net Income Reaches 195.5M Ringgit Amid Decrease in Yearly Revenue and EPS

By | Earnings Alerts
  • Nestle Malaysia’s net income for the first quarter was 195.5 million ringgit.
  • This represents a slight decrease of 0.8% compared to the same period last year.
  • Revenue for the first quarter was 1.78 billion ringgit.
  • Revenue also saw a slight decrease of 3.2% year-on-year.
  • The Earnings Per Share (EPS) was reported at 83.37 sen, slightly lower than the 84.07 sen reported the previous year.
  • From the analyst ratings, there were 2 buys, 10 holds, and 1 sell.
  • The comparisons to past results are based on values reported by the company’s original disclosures.

A look at Nestle (Malaysia) Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE2.8

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, Nestle (Malaysia) shows a positive long-term outlook with a strong overall performance. The company scores well in Momentum, indicating robust growth potential and market traction. With solid scores in Dividend and Growth, Nestle (Malaysia) demonstrates stability and promising expansion opportunities. Although Value and Resilience scores are not as high, the overall picture suggests a promising future for the company.

Nestle (Malaysia) Berhad, an investment holding company, specializes in marketing and selling various food and beverage products, including powdered milk, instant coffee, and instant noodles. Additionally, the company manufactures culinary and chocolate-based food products and trades flavoring ingredients. With a balanced performance across different factors as per Smartkarma Smart Scores, Nestle (Malaysia) appears well-positioned for sustainable growth 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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Bank AlBilad (ALBI) Reports Impressive 1Q Earnings: Pretax Profit Reaches 716.9M Riyals

By | Earnings Alerts
  • Bank AlBilad reported a pretax profit of 716.9 million riyals in the first quarter.
  • The Earnings per Share (EPS) stood at 0.65 riyals in the same period.
  • Among the market analysts, 1 recomends ‘buy’, 4 maintain a ‘hold’ stance, while 2 suggest ‘sell’ for the bank’s shares.

A look at Bank AlBilad Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience4
Momentum3
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

Bank AlBilad‘s long-term outlook, as indicated by the Smartkarma Smart Scores, shows a promising future ahead. With a solid Growth score of 4 and Resilience score of 4, the bank is positioned well for expansion and is equipped to weather potential economic challenges effectively. This suggests that Bank AlBilad is likely to experience sustainable growth over the long run.

Additionally, the Value score of 3 indicates that the company is trading at a fair market value, providing investors with a reasonable investment opportunity. With a Momentum score of 3, there is a good level of market interest and activity surrounding the bank, potentially signaling positive market perception. However, the lower Dividend score of 2 suggests that the bank may not be a high dividend-yielding investment, which is important for income-focused investors to consider.

Overall, Bank AlBilad‘s strong Growth and Resilience scores, coupled with fair Value and Momentum scores, paint a picture of a company with solid long-term prospects 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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Sizable Surge in Axiata Group (AXIATA) Earnings: Q1 Net Income Skyrockets YoY

By | Earnings Alerts
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  • XL Axiata’s net income in Q1 2024 hits 539.07B Rupiah, showing substantial growth from 200.89B Rupiah in the same period the previous year.
  • Revenue comes in at substantial 8.44 trillion Rupiah.
  • Earnings per share (EPS) swell to 41 Rupiah, a significant jump from the last year’s figure of 16 Rupiah.
  • Xl Axiata forecasts an approximate EBITDA margin of 50% for the year.
  • The company anticipates its capital expenditure to be around 8 trillion Rupiah, contrary to an estimated expenditure of 10.25 trillion Rupiah previously.
  • For the full year, there is a guidance of high single-digit revenue growth.
  • Recommendations for XL Axiata stocks show a strong positive outlook, with 28 buys, 7 holds and 0 sells.
  • All the comparisons to past results are based on values given by the company’s original disclosures.

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A look at Axiata Group Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth2
Resilience2
Momentum5
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

Analysts at Smartkarma have provided an insightful overview of Axiata Group‘s long-term prospects based on their Smart Scores. According to the ratings, the company demonstrates a solid dividend performance with a score of 4, indicating a strong outlook for dividend returns. However, in terms of growth potential, Axiata Group received a score of 2, suggesting room for improvement in this area. Similarly, the resilience and momentum of the company were rated at 2 and 5 respectively, showcasing varying degrees of stability and market movement.

Axiata Group Berhad, a prominent telecommunications company, primarily focuses on delivering telecommunications and related services. With a balanced mix of scores across various critical factors, including value, dividend, growth, resilience, and momentum, the company presents a nuanced outlook for investors to consider in their long-term investment strategies.


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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Banco Bilbao Vizcaya Argentaria (BBVA) Earnings: 1Q Net Interest Income Surpasses Estimated Levels

By | Earnings Alerts
  • BBVA’s 1Q net interest income surpassed the estimated EU6.13 billion to hit EU6.51 billion.
  • The company’s net fee & commission income also exceeded anticipations, reaching EU1.89 billion in contrast to the estimated EU1.71 billion.
  • BBVA’s net trading income jumped to EU772 million, significantly higher than the estimated figure of EU460.4 million.
  • The gross income for the quarter came in at EU8.22 billion, which beat the estimated EU7.76 billion.
  • BBVA’s 1Q operating income stood at EU4.84 billion, surpassing the forecasted EU4.42 billion.
  • The pre-tax profit for the period amounted to EU3.46 billion, higher than the predicted EU3.09 billion.
  • In terms of provisions, they were logged at EU1.36 billion, which is more than the estimated EU1.29 billion.
  • BBVA’s CET1 ratio fully-loaded attained 12.8%, slightly higher than the estimate of 12.7%.
  • The bank’s efficiency ratio was noted at 41.2%.
  • The investment sentiment round BBVA currently is 14 buys, 15 holds, and 3 sells.

A look at Banco Bilbao Vizcaya Argentari Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth5
Resilience2
Momentum5
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

Based on the Smartkarma Smart Scores, Banco Bilbao Vizcaya Argentaria shows a promising long-term outlook. With high scores in Growth and Momentum, indicating strong potential for future expansion and positive market performance, the company seems well-positioned for sustainable growth. Additionally, its Value and Dividend scores are solid, reflecting a good balance between investment value and returns for shareholders. However, the lower Resilience score suggests some vulnerability to economic downturns or market fluctuations, which investors should monitor closely.

Banco Bilbao Vizcaya Argentaria, S.A., a global banking firm with operations spanning Europe, Latin America, the United States, China, and Turkey, is known for its diverse range of banking and financial services. From retail and investment banking to asset management and insurance, the company caters to a wide spectrum of clients and offers a comprehensive suite of financial products. With its strong emphasis on growth and market momentum, Banco Bilbao Vizcaya Argentaria appears well-equipped to capitalize on opportunities and navigate challenges in the ever-evolving financial landscape.


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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Samsung Electro Mechanics Co. Ltd. (009150) Exceeds Earnings Estimates with a 29% Increase in Operating Profit, 1Q Report Reveals

By | Earnings Alerts
  • Samsung Mechanics’ operating profit for the first quarter exceeded expectations, reaching 180.32 billion won. This is an increase of 29% year-over-year, with the estimate set at 170.49 billion won.
  • The net income was at 183.11 billion won, marking a 64% rise year-over-year. The earlier estimate stood at 123.54 billion won.
  • The company’s sales were at 2.62 trillion won, up by 30% year-over-year. The sales estimate was previously at 2.43 trillion won.
  • The shares of Samsung Mechanics rose by 2.1%, hitting the 0.15 million won mark. The rise was based on 286,051 shares traded.
  • There have been 32 buys, zero holds, and one sell recorded.
  • The financial results are compared to the past based on the values provided by the company’s initial disclosures.

A look at Samsung Electro Mechanics Co, Ltd. Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience4
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

Based on the Smartkarma Smart Scores, Samsung Electro Mechanics Co, Ltd. shows a promising long-term outlook. With solid scores of 3 in Value, Growth, and Momentum, as well as a respectable score of 4 in Resilience, the company displays positive prospects across various key factors. While the Dividend score of 2 is slightly lower, the overall outlook remains optimistic.

Samsung Electro Mechanics Co, Ltd. is known for manufacturing electronic components utilized in a wide range of products including computers, audio and video devices, industrial electronics, and telecommunication equipment. Their product portfolio encompasses multi-layer boards, capacitors, optical Pick Ups, deflection yokes, keyboards, speakers, and LED products. With a mix of strong scores across critical performance indicators, the company seems well-positioned to maintain its growth trajectory and resilience 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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Reviewing Sinopharm Group Co Ltd H (1099) Earnings: 1Q Net income Drops by 11% Y/Y

By | Earnings Alerts

• Sinopharm reported a net income of 1.42 billion yuan in the first quarter of 2024, which is down 11% from the same period last year.

• The company’s operating revenue for this quarter stands at 147.3 billion yuan, marking a 1.2% increase compared to the first quarter of the previous year.

• Sinopharm’s earnings per share (EPS) were reported as 46 RMB cents, which is less than the 51 RMB cents per share recorded in the same period last year.

• Analysts show confidence in the company, with 17 buying recommendations, 2 holds, and 0 sell recommendations.

• The comparisons made are based on values reported by the company in its original disclosures.


Sinopharm Group Co Ltd H on Smartkarma

Analyst coverage of Sinopharm Group Co Ltd H on Smartkarma reveals a cautious sentiment among independent analysts. According to Tina Banerjee, Sinopharm reported revenue and profit growth in 4Q23. However, the sector outlook remains grim due to the ongoing anti-corruption campaign impacting the distribution business. Despite mid-single digit revenue growth, stagnant margins and continued campaign effects could limit upside potential for the company in the near term.

Xinyao (Criss) Wang further adds to the analysis, noting that Sinopharm’s weak performance in 23Q1-Q3 was attributed to the anti-corruption campaign, leading to below-expectation results. The outlook for 2024H1 is expected to remain challenging, with single-digit growth projections for revenue and net profit. While some recovery is anticipated in 23Q4, the pressure on performance is likely to persist through 2024H1, influenced by the lingering effects of the anti-corruption measures.


A look at Sinopharm Group Co Ltd H Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.4

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

A recent analysis of Sinopharm Group Co Ltd H utilizing the Smartkarma Smart Scores reveals a promising long-term outlook for the company. With top scores in Value and Dividend, and solid scores in Growth and Momentum, Sinopharm Group Co Ltd H appears to be well-positioned for future success. The company’s diversified portfolio, which includes pharmacy distribution, logistics, retail stores, pharmaceutical manufacturing, and chemical testing, lends to its overall resilience in the market.

Sinopharm Group Co Ltd H‘s strong performance in key areas such as Value, Dividend, and Momentum, coupled with its strategic positioning across various industries, suggests a positive trajectory for the company in the long run. Despite facing some challenges in the Resilience factor, Sinopharm Group Co Ltd H‘s overall outlook remains favorable, reflecting its solid foundation and potential for sustained growth in the future.


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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SK Innovation (096770) Earnings: 1Q Operating Profit Surpasses Estimates, Despite Net Loss

By | Earnings Alerts
  • SK Innovation‘s operating profit for the first quarter surpassed estimated figures, posting a profit of 624.74 billion won compared to the estimated 506.01 billion won.
  • The company, however, reported a net loss of 72.60 billion won, against the estimated profit figure of 168.75 billion won.
  • SK Innovation‘s sales for the first quarter also exceeded estimates, registering 18.86 trillion won in contrast to the predicted 18.45 trillion won.
  • Alluding to market sentiments, SK Innovation received 21 buys, 7 holds and 1 sell rating.

SK Innovation on Smartkarma

Analyst coverage of SK Innovation on Smartkarma is gaining attention, particularly with a recent report by Douglas Kim. In his analysis titled “SK Innovation: Announces Share Cancellation of Nearly 4.92 Million Shares,” Kim highlights the significant announcement by SK Innovation to cancel 4.9% of its outstanding shares. This move is notable as it is the first major share cancellation by SK Innovation since its establishment in 2011. Despite the company’s disappointing performance in 2023, Kim suggests that the share cancellation could provide support to SK Innovation‘s share price in the upcoming weeks.


A look at SK Innovation Smart Scores

FactorScoreMagnitude
Value5
Dividend1
Growth4
Resilience2
Momentum2
OVERALL SMART SCORE2.8

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

SK Innovation, the oil refining and distribution company, holds a positive long-term outlook based on the analysis of its Smartkarma Smart Scores. The company scores high in the areas of Value and Growth, indicating strong potential for future profitability and expansion. With a solid foundation in terms of value and growth prospects, SK Innovation is positioned to capitalize on market opportunities and deliver sustained performance over the long term.

However, areas such as Dividend, Resilience, and Momentum have lower scores, suggesting some challenges in terms of dividend payouts, business resilience to economic fluctuations, and short-term market momentum. Despite these weaker factors, the overall positive outlook for SK Innovation, fueled by its strong value and growth potential, paints a promising picture for the company’s future trajectory in the ever-evolving oil and petrochemical industries.


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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Unveiling Stockland (SGP) Earnings Forecasts: FY Pretax and Post-Tax FFO predictions

By | Earnings Alerts

Stockland is still forecasting a pretax FFO/security of A$0.345 to A$0.355 for the fiscal year.

• The company’s FY24 Distribution per security is expected to fall within the targeted payout ratio range of 75% to 85% of post-tax FFO.

Stockland anticipates a high single-digit percentage of pre-tax FFO for the FY24 tax expense.

• Gearing at June 30 is expected to remain in the upper half of the 20%-30% target range.

• The construction of the final two buildings at MPark Stage 1 is ongoing.

• The sales volumes in Masterplanned Communities division are expected to remain at the current levels in the near term.

• A more precise target settlement range for FY24 has been set at between 5,300 and 5,500 settlements.

• The low 20%s is expected to be the operating profit margin in the development sector.

• There is likely to be a larger settlement and FFO skew to 2H than in FY23, following previous guidance.

• The Land Lease Communities business will continue to target around 400-450 settlements during FY24.

• Current standing includes 5 buys, 3 holds and 2 sells based on comparisons to the company’s past results as reported in their original disclosures.


A look at Stockland Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth2
Resilience2
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

Stockland, the diversified Australian property group, has been assessed using Smartkarma Smart Scores across various key factors. With a strong emphasis on value and dividends, Stockland has received high scores of 4 in both categories. This indicates a positive long-term outlook for investors looking for stable returns and consistent income.

However, the company scored lower in growth and resilience, with scores of 2 in each category. While Stockland may not be expected to show significant growth or be highly resilient in challenging market conditions, its strong momentum score of 4 suggests that the company is currently in a favorable position in terms of market trends and investor sentiment.


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.
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