Category

Earnings Alerts

Discover Financial Services (DFS) Earnings: 1Q Loan Performance and Revenue Beat Estimates, EPS Hits $4.25

By | Earnings Alerts
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  • Discover Financial reported first-quarter loans totaling $117.4 billion, slightly under the estimated $118.46 billion.
  • Earnings per share (EPS) stood at $4.25, aligning with the projections.
  • Revenue net of interest expense came in at $4.25 billion, a bit above the $4.22 billion estimate.
  • The provision for credit losses was $1.2 billion, which is better than the expected $1.42 billion.
  • Charge-off rate was 4.99%, slightly below the anticipated 5.18%.
  • Analyst recommendations include 8 buys, 11 holds, and 1 sell.

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A look at Discover Financial Services Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
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

Discover Financial Services, a credit card issuer and electronic payment services company, is positioned with an overall positive long-term outlook based on Smartkarma Smart Scores. With a balanced score across Value, Dividend, Growth, Resilience, and strong Momentum, the company appears well-rounded in key aspects. The company’s strategic positioning in the credit card and payment services sector, combined with its solid performance across various factors, suggests a stable and promising trajectory for the future.

Discover Financial Services offers credit cards, loans, and savings products like certificates of deposit. It also operates an extensive ATM/debit network across the U.S. The company’s consistent scoring across Value, Dividend, Growth, Resilience, and Momentum indicates a strong foundation for growth and stability in the long term. Investors may find Discover Financial Services an attractive prospect given its overall positive outlook based on the 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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Columbia Banking System (COLB) Earnings: Q1 NIM Surpasses Expectations Despite Decline in EPS

By | Earnings Alerts
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  • Columbia Banking reported a first-quarter Net Interest Margin (NIM) on a taxable-equivalent basis of 3.6%, surpassing the estimated 3.51% and the previous year’s 3.52%.
  • First-quarter earnings per share (EPS) stood at 41 cents, down from 59 cents year-over-year.
  • The company’s revenue increased by 3.7% year-over-year to $491.4 million, beating the estimated $483.3 million.
  • The provision for credit losses rose significantly by 60% year-over-year to $27.4 million, slightly below the estimated $29.3 million.
  • Customer deposits saw a significant increase during the first quarter, defying expected seasonal declines.
  • Tory Nixon, Umpqua Bank President, remarked that loan payoffs and a slower pace of origination contributed to a slight contraction of the loan portfolio.
  • Columbia Banking shares decreased by 3.2% in post-market trading, closing at $22.77 with 2,490 shares traded.
  • Analyst recommendations include 4 buys, 8 holds, and 0 sells.

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A look at Columbia Banking System Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
Resilience3
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, Columbia Banking System seems to have a positive long-term outlook. With a high dividend score of 5, investors may view this company as offering attractive returns through dividends. Additionally, the above-average value score of 4 suggests that the stock may be priced attractively relative to its intrinsic value, which could be appealing for value investors looking for undervalued opportunities.

While the growth, resilience, and momentum scores are not as high as the dividend and value scores, they all indicate a moderate outlook. The growth score of 3 implies that the company has potential for modest growth in the future, while the resilience and momentum scores of 3 suggest the company has some stability and consistency in its performance. Overall, investors may find Columbia Banking System to be a solid choice for a balanced investment portfolio.


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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Selective Insurance (SIGI) Earnings: 1Q Adjusted Operating EPS Achieves $1.76 Amid Underwriting Stability

By | Earnings Alerts
  • Selective Insurance reported an adjusted operating earnings per share (EPS) of $1.76 for the first quarter.
  • The company’s underwriting portfolio is described as stable.
  • Growth was driven by the company’s most profitable segments.
  • Current analyst recommendations include two ‘buy’ ratings and five ‘hold’ ratings, with no ‘sell’ ratings.

Selective Insurance on Smartkarma

Analysts on Smartkarma, like Baptista Research, are closely monitoring Selective Insurance Group. Baptista Research recently discussed how strategic capital allocation and financial flexibility are driving growth opportunities for Selective Insurance. Despite a challenging backdrop, Selective Insurance showcased a 7.1% operating return on equity in 2024, falling short of the targeted 12%. However, the company ended the year with strong capital reserves and financial flexibility, setting the stage for strategic expansion.

In another report by Baptista Research, the focus was on Selective Insurance‘s resilience and stability. The third-quarter results revealed a mixed performance, with operating earnings per share at $1.40 and an operating return on equity of 12.1%. Despite challenges, including substantial catastrophe losses inflating the combined ratio, Selective Insurance demonstrated the strength of its underlying business model. The insights provided shed light on the company’s ability to navigate external pressures while maintaining stability.


A look at Selective Insurance Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
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

Based on the Smartkarma Smart Scores, Selective Insurance Group, Inc. shows a balanced long-term outlook across various factors. With consistent scores of 3 in Value, Dividend, Growth, and Resilience, it indicates stability and moderate performance in these key areas. The slightly higher Momentum score of 4 suggests a positive trend in the company’s stock price, signalling potential for growth and upward movement in the market. Selective Insurance, known for offering a wide range of commercial insurance products and services to diverse clientele, appears to be positioned steadily for 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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First American Financial (FAF) Earnings: Q1 Adjusted EPS Surpasses Estimates with Strong Revenue Growth

By | Earnings Alerts
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  • First American reported an adjusted earnings per share (EPS) of 84 cents, surpassing the estimated 66 cents.
  • The company’s revenue reached $1.58 billion, exceeding the estimate of $1.54 billion.
  • The actual EPS stood at 71 cents.
  • Total assets for First American were reported at $15.50 billion, above the estimation of $14.92 billion.
  • Analyst recommendations include 4 buys and 2 holds, with no sell ratings.

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First American Financial on Smartkarma

Analyst coverage of First American Financial on Smartkarma by Baptista Research showcases a bullish sentiment. In the research report titled “First American Financial Corporation: An Insight Into The 5 Biggest Challenges In Its Path!”, the analysts delve into the company’s fourth-quarter and full-year financial results for 2024. Despite facing hurdles in the residential purchase and refinance markets due to high mortgage rates and low inventory levels, First American Financial demonstrated resilience and strategic growth, especially in its commercial business segment. The company attained an adjusted pretax title margin of 10.3% for 2024, with a notably strong performance in the fourth quarter.


A look at First American Financial Smart Scores

FactorScoreMagnitude
Value4
Dividend4
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

First American Financial Corporation, a company that provides insurance services, has received a positive overall outlook based on the Smartkarma Smart Scores. With strong scores of 4 in both the Value and Dividend factors, the company demonstrates solid fundamentals and a commitment to rewarding its shareholders. Additionally, a Momentum score of 4 suggests that First American Financial has been showing positive price performance trends, indicating potential growth opportunities in the future.

Although the company scored lower in Growth and Resilience factors with scores of 2 and 3 respectively, the overall outlook remains optimistic. First American Financial‘s diversified insurance offerings and nationwide presence position it well to continue serving individuals and businesses across the United States, potentially leading to sustained success 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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Caci International (CACI) Earnings: Q3 Results Exceed Expectations with Adjusted EPS at $6.23 and Revenue at $2.17 Billion

By | Earnings Alerts
  • CACI revised its full-year revenue forecast to a range of $8.55 billion to $8.65 billion, slightly improving from the previous lower end of $8.45 billion.
  • The company projects adjusted earnings per share (EPS) for the fiscal year at $24.24 to $24.87, up from the previous range starting at $23.87.
  • For the third quarter, CACI’s adjusted EPS was $6.23, surpassing the estimate of $5.58.
  • The company’s third-quarter revenue came in at $2.17 billion, exceeding the expected $2.13 billion.
  • CACI’s cash and cash equivalents stood at $223.9 million for the quarter, which was below the anticipated $247.1 million.
  • Reported EPS for the third quarter was $5.00.
  • The company achieved an EBITDA of $253.5 million, beating the estimate of $234.3 million.
  • EBITDA margin was reported at 11.7%, higher than the projected 11.1%.
  • Analyst ratings include 13 buy recommendations, 1 hold, and 1 sell for CACI.

Caci International on Smartkarma

Analyst coverage of CACI International on Smartkarma by Baptista Research highlights the company’s strong performance in the second quarter of fiscal year 2025. With a revenue growth of 14.5% and an EBITDA margin of 11.1%, CACI International reported robust results. The company secured $1.2 billion in new business awards and raised its full-year guidance, projecting revenue between $8.45 billion and $8.65 billion. Adjusted earnings per share are expected to range from $23.87 to $24.76, indicating solid demand for its services.

In another report, Baptista Research emphasizes CACI International’s expansion of national security reach through the Applied Insight acquisition. The company’s first-quarter results for fiscal 2025 showed an 11% increase in revenue, an EBITDA margin of 10.5%, and substantial free cash flow generation. CACI also secured new contracts valued at over $3.3 billion, reflecting a healthy 1.6x book-to-bill ratio, signaling a commendable performance trajectory for the company.


A look at Caci International Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth4
Resilience3
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

Based on the Smartkarma Smart Scores, CACI International Inc. has a mixed long-term outlook. The company scores well in terms of growth and momentum, with a score of 4 and 5 respectively, indicating strong potential for future expansion and positive market sentiment. However, CACI’s value and resilience scores are moderate, with scores of 3 each. This suggests that while the company may not be undervalued, it shows resilience in the face of challenges.

CACI International Inc. provides a variety of information technology products and services, focusing on systems integration, information security, logistics support, and other solutions for both government and commercial markets primarily in North America and Western Europe. With a strong emphasis on growth and momentum, CACI is positioned to capitalize on emerging opportunities in the technology sector despite challenges in value and dividend performance.


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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United Rentals (URI) Earnings: 1Q Adjusted EPS Surpasses Estimates with Strong Revenue Growth

By | Earnings Alerts
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  • United Rentals reported a first quarter adjusted EPS of $8.86, which exceeded estimates of $8.66 but was lower compared to $9.15 year-over-year (y/y).
  • The company’s revenue increased by 6.7% y/y to $3.72 billion, surpassing the estimated $3.6 billion.
  • Rental revenue rose by 7.4% y/y to $3.15 billion, surpassing expectations of $3.07 billion.
  • Service and other revenue saw a modest increase of 2.2% y/y, reaching $91 million, just below the estimated $92.7 million.
  • Contractor Supplies sales remained flat at $36 million, in line with the previous year, but below the estimated $37.4 million.
  • There was a 1.6% decline in sales of rental equipment to $377 million, though this figure was above the estimate of $352.3 million.
  • Sales of new equipment surged by 46% y/y to $70 million, significantly outperforming the estimate of $48.8 million.
  • Adjusted EBITDA for the quarter was $1.67 billion, a 5.3% increase y/y, beating the forecast of $1.62 billion.
  • Adjusted EBITDA margin was recorded at 44.9%, slightly below the previous year’s 45.5% and the estimated 45.1%.
  • Analyst ratings for United Rentals include 12 buys, 8 holds, and 3 sells.

“`


United Rentals on Smartkarma

United Rentals has been under positive analyst coverage on Smartkarma, a platform where independent analysts publish their research. Baptista Research, a notable provider, released insights on the company’s performance. In a report titled “United Rentals: Will The Capital Expenditure & Fleet Optimization Be Able To Reinforce Its Market Position? – Major Drivers,” United Rentals reported strong fourth-quarter results, achieving record revenue and earnings. The company saw significant revenue and rental revenue growth, highlighting improved fleet productivity.

Baptista Research further emphasized United Rentals‘ success in another report titled “United Rentals Inc.: Enhanced Fleet Productivity & Other Major Drivers.” The analysis showcased the company’s robust third-quarter results, reinforcing confidence in its growth trajectory. United Rentals‘ strong financial health and strategic positioning for long-term value creation were highlighted in the report, with record performance in key financial metrics like total revenue and adjusted earnings per share. Overall, the analyst sentiment towards United Rentals remains bullish based on the insights provided.


A look at United Rentals Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum3
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

United Rentals, Inc. has received varied Smart Scores across different factors. With a strong Growth score of 4, the company seems positioned for expansion and development in the long term. This indicates potential for increasing market share and profitability over time.

While the Value and Dividend scores are modest at 2 each, suggesting average performance in terms of undervaluation and dividend yield, United Rentals displays commendable Resilience and Momentum scores of 3 each. This indicates the company’s ability to weather economic uncertainties and maintain a consistent growth trajectory, providing investors with confidence in its stability and upward movement in the future.

Summary: United Rentals, Inc., through its subsidiary, is an equipment rental company operating a network of locations in the United States and Canada. The Company serves the construction industry, industrial and commercial concerns, homeowners, and other individuals.


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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Molina Healthcare (MOH) Earnings: Q1 Adjusted EPS Surpasses Expectations with Strong Revenue Growth

By | Earnings Alerts
  • Molina’s first quarter adjusted earnings per share (EPS) were $6.08, surpassing both the previous year’s $5.73 and the estimated $5.96.
  • The company reported revenues of $11.15 billion, marking a 12% increase from the previous year, and exceeding the estimated $10.86 billion.
  • The medical care ratio rose slightly to 89.2%, compared to 88.5% in the previous year.
  • Investment analysts’ recommendations include 6 buys, 9 holds, and 2 sells.

Molina Healthcare on Smartkarma

Analysts on independent research network Smartkarma have been closely covering Molina Healthcare‘s recent financial performance and strategic moves. Baptista Research‘s report, “Molina Healthcare’s Medical Cost Crisis – How They’re Fighting Back!”, highlights the company’s mixed results in the fourth quarter and full year of 2024. Despite showing an 8.5% year-over-year growth in adjusted EPS, Molina Healthcare faced challenges due to higher medical costs in the Medicaid and Medicare segments, resulting in a consolidated medical care ratio (MCR) of 90.2% for the quarter.

In a separate analysis by Baptista Research titled “Molina Healthcare Inc.: These Are The 6 Biggest Factors Impacting Its Performance In 2025 & Beyond! – Major Drivers”, the focus is on Molina Healthcare‘s third-quarter earnings report of 2024. The report emphasizes the company’s balanced financial achievements and challenges, showcasing an adjusted pre-tax margin of 4.5% despite an 89.2% consolidated MCR. The insights from these reports provide investors with valuable perspectives on Molina Healthcare‘s position in the healthcare market.


A look at Molina Healthcare Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience3
Momentum5
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

When looking at Molina Healthcare‘s future prospects through the lens of Smartkarma Smart Scores, the company appears to have a promising long-term outlook. With a strong score in Growth and Momentum, Molina Healthcare is positioned well for expansion and continued market success. This indicates that the company is likely to see positive developments in terms of business growth and stock performance over time.

Molina Healthcare, as a managed care organization that focuses on providing healthcare services to low-income families, shows resilience in navigating challenges, as reflected in its Resilience score. While there may be room for improvement in aspects like Value and Dividend, the company’s overall outlook seems positive, especially with its solid scores in Growth and Momentum. With a presence in multiple states and a network of primary care clinics, Molina Healthcare seems well-positioned for long-term success in the healthcare industry.

Summary of company:
Molina Healthcare Inc. is a managed care organization that facilitates the delivery of healthcare services to individuals eligible for Medicaid and other programs aimed at low-income families. Operating health plans in multiple states and running primary care clinics, Molina Healthcare is focused on providing essential healthcare services to those in need.


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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Chemed Corp (CHE) Earnings: 1Q Adjusted EPS Surpasses Estimates with Strong Revenue Growth

By | Earnings Alerts
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  • Chemed’s adjusted EPS in Q1 is $5.63, surpassing last year’s $5.20 and the estimate of $5.56.
  • Service revenue for Chemed in Q1 reached $646.9 million, marking a 9.8% increase from the previous year and beating the estimate of $640.3 million.
  • Analyst ratings for Chemed include 3 buys, with no holds or sells.

“`


Chemed Corp on Smartkarma

Analyst coverage of Chemed Corp on Smartkarma reveals a diverse outlook on the company’s recent financial performance. Baptista Research‘s report titled “Chemed Corporation: The Covenant Health Acquisition Is A Game-Changing Move!” highlights a positive sentiment, emphasizing the strong operating performance of Chemed’s hospice segment, VITAS Healthcare. The acquisition of Covenant Health significantly contributed to VITAS’s growth, with admissions and average daily census showing substantial increases.

Another report by Baptista Research, “Chemed Corporation: How Is The Management Tackling Roto-Rooter Challenges & Other Risks? -Major Drivers,” presents a more nuanced view. It notes mixed performance in the third quarter of 2024, with VITAS Healthcare demonstrating strength while the plumbing business, Roto-Rooter, faces challenges. Despite Roto-Rooter’s struggles, VITAS’s growth, boosted by acquisitions like Covenant Health, underscores Chemed Corp‘s strategic moves and potential for future success.


A look at Chemed Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum5
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 on Smartkarma have given Chemed Corp a positive long-term outlook, with high scores in Growth, Resilience, and Momentum. These scores indicate that the company is expected to experience strong growth, show resilience during challenging market conditions, and have good momentum for future success. While the Value and Dividend scores are not as high, the overall outlook for Chemed Corp remains optimistic.

Chemed Corporation, known for its subsidiaries Vitas Healthcare Corporation, Roto-Rooter, and Service America Network Inc, has received favorable ratings indicating potential for growth and stability in the healthcare and repair-and-maintenance-service industries. With a focus on growth, resilience, and momentum, Chemed Corp seems well-positioned for long-term success in its diverse business segments.


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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Sei Investments Company (SEIC) Earnings: 1Q AUM and Revenue Surpass Estimates

By | Earnings Alerts
  • Total assets under management reached $485.98 billion, surpassing the estimate of $464.88 billion.
  • Client assets under administration totaled $1.08 trillion, exceeding the projected $1.03 trillion.
  • Cash and cash equivalents were $710.7 million, which was below the anticipated $892.5 million.
  • Earnings per share (EPS) stood at $1.17, higher than the expected $1.13.
  • Revenue amounted to $551.3 million, beating the estimate of $548.2 million.
  • Private banks revenue reached $137.7 million, slightly under the estimate of $142 million.
  • Investment advisors revenue totaled $136.6 million, above the expected $134.7 million.
  • Institutional investors revenue was $68.5 million, surpassing the estimate of $67.3 million.
  • Investment managers generated $192.0 million in revenue, exceeding the forecast of $188.4 million.
  • Investments in new business contributed $16.5 million in revenue, ahead of the $15.5 million estimate.
  • Operating profit was $157.1 million, above the expected $144.6 million.
  • Private banks reported an operating profit of $23.0 million, just below the estimate of $23.1 million.
  • Investment advisors’ operating profit was $64.1 million, exceeding the forecasted $60.7 million.
  • Institutional investors yielded an operating profit of $32.6 million, surpassing the estimate of $30.7 million.
  • Investment managers achieved an operating profit of $74.8 million, above the projected $72 million.
  • Investments in new business had an operating loss of $2.00 million, better than the expected loss of $3.49 million.
  • Net income totaled $151.5 million, beating the estimate of $145.4 million.
  • Analyst recommendations: 3 buys, 4 holds, and 0 sells.

A look at Sei Investments Company Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience4
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

SEI Investments Company is positioned with a balanced outlook for the long term, as indicated by its Smartkarma Smart Scores. With a growth score of 3 and a resilience score of 4, the company shows promise in its ability to expand its operations steadily while demonstrating a strong ability to weather market challenges. Additionally, SEI Investments Company scores well in momentum with a score of 4, suggesting positive market sentiment and potential for continued upward trends in performance.

While the value and dividend scores are more moderate at 2 each, SEI Investments Company’s overall outlook remains positive. As a provider of global investment solutions and business services, the company serves a diverse range of clients, including banks, mutual funds, pension plan sponsors, and individual investors, highlighting its strong market presence and ability to cater to various financial needs.


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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Churchill Downs (CHDN) Earnings: 1Q Adjusted EPS Surpasses Estimates with Strong Revenue Growth

By | Earnings Alerts
  • Churchill Downs reported Adjusted EPS of $1.07, surpassing the estimate of $1.05.
  • EPS decreased to $1.02 from $1.08 year over year.
  • Net revenue increased by 8.7% year over year to $642.6 million, beating the estimate of $641.6 million.
  • Adjusted net income decreased by 5.7% to $79.9 million, though it was above the estimate of $76 million.
  • Adjusted EBITDA rose by 1.1% to $245.1 million, slightly exceeding the estimate of $243.7 million.
  • Analyst rating summary: 10 buy ratings, 1 hold rating, and no sell ratings.

A look at Churchill Downs Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum3
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

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Based on the Smartkarma Smart Scores, Churchill Downs shows a promising long-term outlook. With a Growth score of 4, the company is positioned well for expansion and increasing revenues over time. This could indicate positive prospects for future business development and financial performance. Additionally, the Resilience and Momentum scores of 3 each suggest that Churchill Downs has the ability to withstand economic fluctuations and maintain a steady pace of growth.

Although the Value and Dividend scores are not as high, at 2 each, the strong scores in Growth, Resilience, and Momentum paint a favorable overall picture. Investors may see Churchill Downs as a company with potential for sustained growth and stability in the long run, supported by its diverse racing and wagering operations in key states and its association with the iconic Kentucky Derby.

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### Churchill Downs Incorporated is a horse racing company whose flagship operation, Churchill Downs, is the home of the Kentucky Derby. The Company has additional racing and simulcast-wagering operations in Kentucky, Indiana, and Florida, as well as interests in various racing services companies. ###


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

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  • βœ“ Unlimited Research Summaries
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