Category

Smartkarma Newswire

Jul 26
0

Texas Roadhouse (TXRH) Earnings: 2Q EPS Soars Past Estimates with $1.79 EPS and $1.34B Revenue

By | Earnings Alerts
  • Texas Roadhouse‘s Q2 Earnings: EPS reached $1.79, surpassing last year’s $1.22 and beating the estimate of $1.65.
  • Revenue Growth: Achieved $1.34 billion, marking a 15% year-over-year increase, aligning with expectations.
  • Sales Breakdown:
    • Restaurant and other sales totaled $1.33 billion, a 15% increase, matching estimates.
    • Franchise royalties and fees reached $7.56 million, an 11% year-over-year increase but below the estimate of $8.35 million.
  • Franchise Restaurant Performance: Comparable sales grew by 6.6%, compared to a 10.8% increase last year.
  • Improved Margins: Restaurant margin rose to 18.2% from 15.7% last year, beating the 17.1% estimate.
  • Location Count Growth: Total locations increased by 1.2% quarter-over-quarter to 762, slightly above the estimate of 761.4.
  • Comparable Sales: Restaurant comparable sales increased by 9.3%, compared to 9.1% last year, and surpassed the estimate of 8.89%.
  • US Franchise Performance: US franchise restaurants saw an 8.3% increase in comparable sales, compared to 9.2% last year and above the 6.36% estimate.
  • Analyst Recommendations: 12 analysts recommend buying, 15 recommend holding, and none suggest selling.

Texas Roadhouse on Smartkarma

Analysts on Smartkarma, like Baptista Research, are providing positive coverage of Texas Roadhouse. In their report “Texas Roadhouse: How Is The Management Developing Its Secondary Brands? – Major Drivers,” they highlight the company’s strong Q1 2024 earnings. With quarterly revenue exceeding $1.3 billion, a same-store sales growth of 8.4%, and a focus on guest experience and quality, Texas Roadhouse has had a robust start to the year despite economic uncertainties.

In another report by Baptista Research, titled “Texas Roadhouse Inc.: Initiation Of Coverage – Will Its Investments In Digital Technology Pay Off? – Major Drivers,” the analysts note the company’s success in 2023. Texas Roadhouse generated over $4.6 billion in revenue and increased its average unit volumes to more than $7.6 million. This positive outlook from analysts indicates confidence in Texas Roadhouse‘s performance and future prospects.

A look at Texas Roadhouse Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
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

With an overall Smart Score reflecting a positive long-term outlook, Texas Roadhouse is positioned for growth and momentum in the future. The company scores high in Growth and Momentum factors, indicating strong potential for expansion and positive market performance. Texas Roadhouse‘s focus on offering quality food items such as hand-cut steaks and diverse menu options sets a promising stage for continued success in the casual dining sector.

Although Texas Roadhouse‘s Value and Dividend scores are moderate, the company’s resilience score highlights its ability to navigate challenges and remain steady in the face of economic fluctuations. With a solid foundation built on quality offerings and efficient operations, Texas Roadhouse is well-poised to uphold its reputation as a leading full-service restaurant chain 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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Jul 26
0

Norfolk Southern (NSC) Earnings: 2Q Adjusted EPS Beats Estimates at $3.06 vs. $2.87

By | Earnings Alerts
  • Norfolk Southern reported an adjusted EPS of $3.06, beating last year’s $2.95 and exceeding the estimated $2.87.
  • The company’s actual EPS was $3.25, significantly higher than last year’s $1.56 and surpassing the estimated $2.88.
  • Railway operating revenue matched the estimate at $3.04 billion, showing a 2.1% year-over-year increase.
  • Merchandise revenue rose by 4.3% year-over-year to $1.90 billion, close to the estimate of $1.91 billion.
  • Coal revenue fell by 2.7% year-over-year to $398 million but exceeded the estimate of $379.5 million.
  • Intermodal revenue decreased by 0.4% year-over-year to $742 million, below the estimate of $759.7 million.
  • The adjusted operating ratio improved to 65.1% from last year’s 80.7%, better than the estimated 66.6%.
  • The company forecasts revenue growth of about 1% to 3% for the year, compared to an earlier prediction of around 3%.
  • In the second quarter, insurance recoveries related to the Eastern Ohio incident were greater than the incurred costs.
  • Norfolk Southern expects to achieve a second-half operating ratio of 64% to 65%, a 400 to 500 basis points improvement year-over-year.

Norfolk Southern on Smartkarma

On Smartkarma, renowned independent analysts from Baptista Research have been closely covering Norfolk Southern Corporation, providing valuable insights for investors. In one of their reports titled “Norfolk Southern Corporation: How Is Enhanced Operational Efficiency & Productivity Boost Impacting Their Bottom-Line? – Major Drivers,” Norfolk Southern‘s first quarter of 2024 was highlighted as a period of strategic growth and prudent operational strategies. The company’s focus on customer service, productivity, and growth, coupled with strong safety measures, has positioned them for top-tier earnings in the industry. Alan Shaw, the company’s president and CEO, emphasized the importance of safety and service in 2023 to safeguard the company’s franchise and shareholders.

In another report titled “Norfolk Southern Corporation: A Tale Of Expansion & Investment in Intermodal Operations! – Major Drivers,” Baptista Research discussed Norfolk Southern‘s Fourth Quarter 2023 Earnings. Despite facing challenges such as network disruptions, a weak freight market, and a major train derailment in Eastern Ohio, the company showcased resilience and commitment to safety and service. This mixed performance underscores Norfolk Southern‘s dedication to navigating through obstacles and striving for operational excellence in the transportation industry.

A look at Norfolk Southern Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE2.6

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, Norfolk Southern Corporation is positioned for a stable long-term outlook. With moderate ratings across Value, Growth, and Momentum, the company demonstrates a steady performance trajectory. While its Value and Resilience scores are average, the company’s Dividend and Growth scores indicate promising prospects. Norfolk Southern‘s consistent momentum further underscores its potential for sustained growth in the future.

Norfolk Southern Corporation, a leading provider of rail transportation services, operates primarily in key regions of the United States, facilitating the movement of various goods across the country. With a strategic focus on transporting raw materials, intermediate products, and finished goods, the company plays a vital role in connecting businesses to markets efficiently. Additionally, Norfolk Southern‘s logistics network extends to international trade, serving overseas freight through key ports along the Atlantic and Gulf Coast, showcasing its significance in the global supply chain.

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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Jul 26
0

Enel SpA (ENEL) Earnings: 1H Adjusted Net Income Surpasses Estimates with a 21% YoY Increase

By | Earnings Alerts
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  • Enel’s adjusted net income for the first half of 2024 was EU3.96 billion, surpassing estimates by 21% year-over-year.
  • The estimated adjusted net income was EU3.9 billion.
  • Total revenue reached EU38.73 billion.
  • Adjusted Ebitda stood at EU11.68 billion, reflecting an 8.8% increase year-over-year and surpassing the estimate of EU11.63 billion.
  • Net income soared to EU4.14 billion, a 65% increase year-over-year.
  • Net debt was reported at EU57.41 billion, with an estimate of EU55.96 billion.
  • CEO Flavio Cattaneo confirmed the company is on track to achieve its targets for 2024.
  • The second half of the year shows strong visibility, positioning Enel at the high end of its guidance range.
  • The company aims to achieve cash neutrality and potentially exceed the minimum dividend of EU0.43 per share.
  • Enel has garnered 23 buy ratings, 5 hold ratings, and no sell ratings from analysts.

“`

A look at Enel SpA Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience2
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

Enel SpA, a multinational power company focusing on Europe and Latin America, showcases a strong performance in key areas according to the Smartkarma Smart Scores. With a high dividend score of 5 and solid growth and momentum scores of 4 each, the company appears to be well-positioned for long-term success. However, Enel SpA‘s value score of 3 and resilience score of 2 indicate some room for improvement in these aspects. Overall, the company’s strategic focus on electricity and gas sectors, coupled with its emphasis on renewable energy sources, bodes well for its future prospects.

Enel SpA‘s robust dividend score of 5 underscores its commitment to rewarding shareholders, while the strong growth and momentum scores of 4 suggest a positive trajectory for the company in the coming years. Despite facing challenges in terms of value and resilience scores, Enel SpA‘s diversified operations and innovative solutions in the energy sector position it favorably for continued expansion and success. Investors may find Enel SpA an intriguing prospect for the long term, given its strategic positioning and emphasis on sustainable energy practices.

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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Jul 26
0

EssilorLuxottica (EL) Earnings: Adjusted Net Income Surpasses Estimates with EU1.75 Billion in 1H 2023

By | Earnings Alerts
  • Adjusted Net Income: €1.75 billion, an increase of 5.5% year-over-year, beating the estimate of €1.68 billion.
  • Revenue: €13.29 billion, up 3.4% year-over-year, slightly below the estimate of €13.32 billion.
  • Adjusted Operating Profit: €2.43 billion, rising 3.6% year-over-year, matching the estimate.
  • Adjusted Operating Margin: 18.8%, exceeding the estimate of 18.3%.
  • Free Cash Flow: €971 million, up 1.8% year-over-year.
  • Second Quarter Revenue (constant currency): Increased by 5.2%, just missing the estimate of 5.63%.
  • Second Quarter Revenue (in euros): €6.96 billion, a 3.8% increase year-over-year, slightly below the estimate of €6.97 billion.
  • North America Revenue: €3.10 billion, up 2.3% year-over-year, falling short of the estimate of €3.12 billion.
  • EMEA Revenue: €2.65 billion, a 5% increase year-over-year, just under the estimate of €2.66 billion.
  • Latin America Revenue: €387 million, up 2.4% year-over-year, missing the estimate of €398.6 million.
  • Asia Pacific Revenue: €821 million, growing 6.8% year-over-year, surpassing the estimate of €801 million.
  • Direct-to-Consumer Revenue: €3.62 billion, up 3.7% year-over-year, just short of the estimate of €3.64 billion.
  • Professional Solutions Revenue: €3.33 billion, increasing by 3.9% year-over-year, slightly ahead of the estimate of €3.32 billion.
  • Company Guidance: Confirmed guidance for the future.

A look at EssilorLuxottica Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
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

Based on the Smartkarma Smart Scores, EssilorLuxottica has a positive long-term outlook. With strong ratings in Growth, Resilience, and Momentum, the company is well-positioned for future success. The company’s emphasis on innovation and adapting to changing market trends bodes well for its continued growth. Additionally, its ability to withstand economic challenges and maintain positive momentum further solidifies its position in the market.

EssilorLuxottica‘s balanced ratings across Value and Dividend indicate a stable financial footing and a potential for future returns for investors. The company’s focus on providing quality eyewear products globally positions it as a key player in the industry. Overall, EssilorLuxottica‘s Smartkarma Smart Scores suggest a promising trajectory for the company’s performance and 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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Jul 26
0

Hermes International (RMS) Earnings: 2Q Sales Surpass Estimates with 13.3% Growth at Constant Exchange Rates

By | Earnings Alerts
  • Hermes 2Q Sales: Sales at constant exchange rates increased by 13.3%, beating the estimate of 11.5%.
  • Leather Goods: Sales grew by 17.9%, surpassing the estimate of 14.7%.
  • Watches: Revenue declined by 4.9%, falling short of the estimated 3.45% growth.
  • Perfumes: Revenue rose by 5.6%, exceeding the estimate of -1.25%.
  • Silk and Textiles: Revenue decreased by 5.6%, performing worse than the anticipated -0.5%.
  • Ready-to-Wear and Fashion: Revenue increased by 15.1%, above the estimate of 11%.
  • Geographical Performance:
    • France: Revenue rose by 15.1%, outperforming the estimate of 12.6%.
    • Europe: Revenue increased by 18.2%, beating the estimate of 11.8%.
    • Japan: Revenue increased by 19.5%, slightly below the estimate of 19.6%.
    • Asia Pacific: Revenue grew by 5.5%, exceeding the estimate of 4.75%.
    • Asia: Revenue grew by 7.9%, below the estimate of 9.47%.
    • Americas: Revenue rose by 13.3%, outperforming the estimate of 11.2%.
  • Overall Financial Performance:
    • Revenue: EU3.70 billion, up 12% year-over-year (y/y), beating the estimate of EU3.65 billion.
    • First Half Revenue: EU7.50 billion, up 12% y/y, slightly exceeding the estimate of EU7.45 billion.
    • Recurring Operating Income: EU3.15 billion, up 6.8% y/y but below the estimate of EU3.17 billion.
    • Recurring Operating Margin: 42%, down from 44% y/y, close to the estimate of 42.5%.
    • Net Income: EU2.37 billion, up 6.4% y/y, above the estimate of EU2.3 billion.
  • Future Outlook: Despite global economic, geopolitical, and monetary uncertainties, Hermes maintains an ambitious goal for revenue growth at constant exchange rates.

A look at Hermes International Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience5
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

Based on the Smartkarma Smart Scores, Hermes International shows a promising long-term outlook. With high scores in Growth and Resilience, the company is positioned well for sustainable expansion and durability in challenging market conditions. The strong Momentum score also indicates positive market sentiment and investor interest in the company’s future prospects. Although the Value and Dividend scores are moderate, the high ratings in Growth and Resilience suggest that Hermes International‘s focus on innovation and ability to weather economic uncertainties bode well for its overall performance.

Hermes International, known for its luxury accessories and apparel, operates a chain of boutiques offering a wide range of high-end products that appeal to discerning customers worldwide. The company’s emphasis on quality and exclusivity has contributed to its strong Growth and Resilience scores, showcasing its ability to adapt and thrive in the competitive luxury market. With a diverse product portfolio that includes leather goods, clothing, perfumes, and jewelry, Hermes International continues to uphold its reputation for craftsmanship and sophistication, positioning it favorably for long-term success.

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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Jul 26
0

Vivendi SA (VIV) Earnings: Impressive 1H Growth with 39% Increase in Ebita to EU619M

By | Earnings Alerts
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  • Overall Financial Performance
    • 1H 2024 EBITA: EU619 million, +39% year-over-year (y/y)
    • Revenue: EU9.05 billion, +93% y/y (estimate: EU7.53 billion)
    • Adjusted Net Income: EU329 million, +1.5% y/y (estimate: EU326 million)
  • Canal Plus
    • EBITA: EU337 million (estimate: EU300.8 million)
    • Q2 2024 Revenue: EU1.55 billion, +4.9% y/y (estimate: EU1.53 billion)
  • Lagardere
    • EBITA: EU201 million
    • Q2 2024 Revenue: EU2.31 billion
  • Havas Group
    • EBITA: EU125 million, +5.9% y/y (estimate: EU125.8 million)
    • Q2 2024 Revenue: EU717 million, +1.4% y/y (estimate: EU721.9 million)
  • Prisma Media
    • EBITA: EU9 million, -47% y/y (estimate: EU15.7 million)
    • Q2 2024 Revenue: EU76 million, -5% y/y
  • Gameloft
    • EBITA Loss: EU12 million (estimate: loss EU12 million)
    • Q2 2024 Revenue: EU64 million, -5.9% y/y (estimate: EU64.9 million)
  • Vivendi Village
    • Q2 2024 Revenue: EU21 million, -56% y/y (estimate: EU22.5 million)
  • New Initiatives
    • Q2 2024 Revenue: EU48 million, +37% y/y (estimate: EU45.2 million)

“`

A look at Vivendi SA Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth2
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

Based on Smartkarma Smart Scores, Vivendi SA shows a positive long-term outlook. With a top score in the Value category and strong Momentum, the company appears to offer good value to investors and is experiencing positive market trends. While Growth and Resilience scores are not as high, the company’s diversified operations in music, games, television, film, and telecommunications provide stability. The Dividend score, although not at the highest level, indicates a moderate but steady dividend payout. Overall, Vivendi’s ratings suggest a promising future for investors.

Vivendi SA, a diversified company with interests in music, games, television, film, and telecommunications, appears well-positioned for long-term success based on Smartkarma Smart Scores. Its strong Value and Momentum scores indicate favorable market conditions and good value for investors. While Growth and Resilience scores are not as high, the company’s wide range of operations provides a stable foundation. The moderate Dividend score suggests a reliable dividend payout over time. With its diverse portfolio, Vivendi is poised to capitalize on various sectors and deliver value to its stakeholders.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Jul 26
0

Cie De Saint-Gobain (SGO) Earnings: 1H Operating Income Surpasses Estimates at EU2.75 Billion

By | Earnings Alerts
  • Saint-Gobain’s operating income for the first half of 2024 was €2.75 billion, beating the estimate of €2.63 billion by 4.6%.
  • EBITDA came in at €3.65 billion, slightly above the estimated €3.55 billion.
  • Recurring net income fell by 6.3% year-on-year (y/y) to €1.71 billion, but missed the estimate of €2.49 billion.
  • Net income increased by 14% y/y to €1.66 billion.
  • Free cash flow grew by 12% y/y, reaching €2.46 billion.
  • Second-quarter like-for-like sales dropped by 3.9%, closely aligning with the estimated decline of 3.92%.
  • Northern Europe like-for-like sales decreased by 3.2%, better than the expected 5.34% decline.
  • Southern Europe, Middle East, and Africa saw a like-for-like sales drop of 7.1%, worse than the 4.78% estimate.
  • Americas like-for-like sales decreased by 2.8%, compared to the expected 1.78% decline.
  • Asia-Pacific like-for-like sales fell by 1.8%, close to the estimated decline of 1.61%.
  • High Performance Solutions’ like-for-like sales were down by 1.6%, better than the expected 2.44% decline.
  • Total sales for the quarter were €12.11 billion, a 3.5% y/y decline, slightly missing the estimate of €12.2 billion.
  • Northern Europe revenue was €3.03 billion, a 4.1% y/y drop but above the €2.96 billion estimate.
  • Southern Europe, Middle East, and Africa revenue was down by 6.7% y/y to €3.70 billion, missing the €3.77 billion estimate.
  • Americas sales slightly increased by 0.5% y/y to €2.62 billion, below the estimated €2.69 billion.
  • Asia-Pacific revenue was €529.0 million, a 2.9% y/y decrease, missing the estimate of €541.7 million.
  • High Performance Solutions revenue fell by 2.2% y/y to €2.55 billion, slightly below the €2.58 billion estimate.
  • Saint-Gobain forecasts a double-digit operating margin for the second half and full year 2024.
  • Analyst recommendations: 18 buys, 3 holds, 1 sell.

A look at Cie De Saint-Gobain Smart Scores

FactorScoreMagnitude
Value3
Dividend3
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

Compagnie de Saint-Gobain, a manufacturing company known for its glass products, high-performance materials, and construction materials, has a promising long-term outlook based on its Smartkarma Smart Scores. With a solid Growth score of 4 and a strong Momentum score of 5, the company is positioned to expand and capitalize on market trends efficiently. Additionally, Saint-Gobain maintains decent scores in Value, Dividend, and Resilience, indicating a well-rounded performance across key factors. This suggests that the company is likely to maintain steady growth and demonstrate stability in the face of challenges.

In summary, Compagnie de Saint-Gobain is a diversified manufacturer with a range of products including flat glass, insulation, ceramics, plastics, building materials, and more. The company’s Smartkarma Smart Scores reflect positive indicators for its future prospects, with particularly high scores in Growth and Momentum. These scores, along with balanced ratings in other categories, imply a robust outlook for Saint-Gobain in the long run, positioning it favorably 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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Jul 25
0

Bureau Veritas SA (BVI) Earnings: 1H Adjusted Operating Margin Matches Estimates at 15%

By | Earnings Alerts
  • Adjusted operating margin for 1H 2024 is 15%, matching last year’s percentage and the estimate.
  • Marine & Offshore adjusted operating margin is 24.5%, close to last year’s 24.7%, and above the 24% estimate.
  • Agri-Food & Commodities adjusted operating margin is 12.3%, compared to 13.5% last year and an estimate of 13.4%.
  • Industry adjusted operating margin is 12.7%, higher than the previous year’s 12.3% and the 12.4% estimate.
  • Buildings & Infrastructure adjusted operating margin is 11.6%, down from last year’s 12.2% and below the 12.5% estimate.
  • Certification adjusted operating margin is 19.6%, up from 18.3% last year, and surpassing the 18.2% estimate.
  • Consumer Products adjusted operating margin is 21.3%, an increase from 20.4% last year and higher than the 20.3% estimate.
  • Adjusted operating profit is €451.9 million, up 4.1% y/y, surpassing the €447.1 million estimate.
  • Total revenue is €3.02 billion, an increase of 4% y/y, and above the €2.97 billion estimate.
  • Marine & Offshore revenue is €251.3 million, a 9.9% increase y/y, exceeding the €243.8 million estimate.
  • Agri-Food & Commodities revenue is €613.9 million, up 0.4% y/y, over the €604.4 million estimate.
  • Industry revenue is €624 million, a 1.1% increase y/y, meeting the €623.6 million estimate.
  • Buildings & Infrastructure revenue is €896.7 million, a 3.1% increase y/y, above the €880.2 million estimate.
  • Certification revenue is €255.3 million, up 12% y/y, beating the €248.1 million estimate.
  • Consumer Products revenue is €380.5 million, a 9% increase y/y, above the €374 million estimate.
  • Net income stands at €234.3 million, a 0.8% increase y/y, below the €246.8 million estimate.
  • Adjusted EPS is €0.64, up from €0.61 y/y, and higher than the €0.60 estimate.
  • 2Q 2024 organic revenue growth is 10.4%, exceeding the 6.54% estimate.
  • Marine & Offshore 2Q organic revenue growth is 15.8%, above the 9.07% estimate.
  • Agri-Food & Commodities 2Q organic revenue growth is 6%, higher than the 4.06% estimate.
  • Industry 2Q organic revenue growth is 18.2%, surpassing the 10.4% estimate.
  • Buildings & Infrastructure 2Q organic revenue growth is 4.9%, above the 3.8% estimate.
  • Certification 2Q organic revenue growth is 18%, beating the 11.7% estimate.
  • Consumer Products 2Q organic revenue growth is 8.3%, exceeding the 5.86% estimate.
  • Total 2Q revenue is €1.58 billion, a 5.5% increase y/y, above the €1.53 billion estimate.
  • For FY 2024, forecasts high single-digit organic revenue growth.
  • Projects FY improvement in adjusted operating margin at constant exchange rates.
  • Sees FY cash conversion rate above 90%.
  • Expects 2H organic revenue growth in line with 1H.
  • Signed a deal to acquire Security Innovation Inc, set to close in 3Q 2024.

A look at Bureau Veritas SA Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience3
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

Based on Smartkarma Smart Scores, Bureau Veritas SA has a positive long-term outlook. With a high Momentum score of 5, the company is showing strong performance trends that indicate continued growth in the future. Additionally, Bureau Veritas SA scores well in terms of Growth with a score of 4, suggesting promising prospects for expanding its business operations and increasing its market presence.

Although the Value score is moderate at 2, indicating fair valuation, the company’s solid scores in Dividend (3) and Resilience (3) highlight its ability to provide stable returns to investors and withstand economic challenges. Overall, Bureau Veritas SA, a provider of consulting services related to inspection, audit, and certification, appears to be well-positioned for sustainable growth and maintaining investor confidence 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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Jul 25
0

Vinci SA (DG) Earnings: 1H Ebit Surpasses Estimates with Strong Performance in Key Segments

By | Earnings Alerts
  • EBIT Outperformance: Vinci’s 1H EBIT was EU3.87 billion, surpassing the estimate of EU3.68 billion.
  • Segment Performance:
    • Concessions EBIT: EU2.58 billion (Estimate: EU2.56 billion)
    • Energies EBIT: EU671 million (Estimate: EU662.8 million)
    • Cobra IS EBIT: EU257 million (Estimate: EU249.8 million)
    • Construction EBIT: EU324 million (Estimate: EU332 million)
  • Revenue Highlights:
    • Concessions Revenue: EU5.34 billion (Estimate: EU5.26 billion)
    • Energies Revenue: EU9.55 billion (Estimate: EU9.58 billion)
    • Cobra IS Revenue: EU3.31 billion (Estimate: EU3.3 billion)
    • Construction Revenue: EU15.29 billion (Estimate: EU15.36 billion)
    • Immobilier Revenue: EU506 million (Estimate: EU481 million)
  • Net Income: EU2.00 billion (Meeting the estimate of EU2 billion)
  • Free Cash Flow: EU361 million (Estimate: Negative EU131.7 million)
  • Future Outlook:
    • VINCI expects total revenue to rise in 2024, but growth will be more limited than in 2023.
    • Cobra IS anticipates further revenue growth and an increase in operating margin due to a large order book and strong first-half performance.
    • VINCI Autoroutes now predicts stable traffic levels compared to previous expectations of a slight rise, due to first-half disruptions.
  • Analyst Recommendations:
    • 22 Buys
    • 3 Holds
    • 2 Sells

A look at Vinci SA Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
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, Vinci SA shows promising long-term prospects. With a high Growth score of 5, the company is positioned for strong future expansion and development. This indicates that Vinci SA has the potential to grow its business significantly in the coming years, reflecting positively on its overall outlook.

Additionally, Vinci SA scored a 4 in Dividend and a 3 in both Value and Resilience, showcasing a solid foundation for steady dividend payments, relative value in the market, and resilience in the face of challenges. Although Momentum scored a 3, the overall positive outlook on growth and dividends positions Vinci SA as a notable player in the global concessions and construction 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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Jul 25
0

Enel Americas (ENELAM) Earnings: 2Q Revenue Surpasses Estimates with $3.38 Billion

By | Earnings Alerts
  • Enel Americas reported a second-quarter revenue of $3.38 billion, exceeding estimates by $160 million. This represents a 4.5% increase year-over-year.
  • The company achieved a significant rise in net income to $1.93 billion, compared to $168.8 million in the same quarter last year.
  • EBITDA for the quarter stood at $995 million, marking a 4.2% year-over-year increase. However, this was slightly below the market estimate of $1.02 billion.
  • Analysts’ recommendations include 3 buy ratings and 5 hold ratings, with no sell ratings.

A look at Enel Americas Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience4
Momentum2
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

Enel Americas SA, a prominent electricity utility company in Latin America, is positioned for a promising long-term outlook based on an analysis of its Smart Scores. With strong scores in Value and Resilience at 4 each, Enel Americas demonstrates solid potential for sustainable growth and stability in its operations. Additionally, the company’s respectable scores in Dividend and Growth at 3 each suggest a balanced approach to rewarding investors while expanding its business reach.

However, Enel Americas shows a lower score of 2 in Momentum, indicating a need to focus on enhancing its market performance and seizing new opportunities for continued success. Overall, Enel Americas’ strategic positioning in the electricity sector, combined with its positive Smart Scores, sets a foundation for long-term prosperity and value creation for both the company and its stakeholders.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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