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Smartkarma Newswire

Airbus Group SE (AIR) Earnings: FY Adjusted EBIT Forecast Misses Estimates, Delivery Guidance Cut for 2024

By | Earnings Alerts
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  • Airbus has revised its fiscal year 2024 adjusted EBIT forecast down to €5.5 billion from the previous range of €6.5 billion to €7.0 billion.
  • Analysts had estimated an adjusted EBIT of €6.79 billion.
  • The company now expects adjusted free cash flow to be around €3.5 billion, down from the previous forecast of €4.0 billion.
  • Analyst estimates for adjusted free cash flow were around €4.13 billion.
  • Commercial aircraft deliveries are now forecasted to be about 770 planes in 2024, down from the previous expectation of 800 planes.
  • Analysts had estimated deliveries to be around 804.37 planes.
  • The company has cut its delivery guidance for the fiscal year, now seeing 770 deliveries versus the previous forecast of 800 planes.
  • Airbus is facing charges of around €0.9 billion in its H1 2024 accounts, related to telecommunications, navigation, and observation space programs.
  • The ramp-up of the A320 family production to 75 units per month has been pushed back by one year, now expected to be reached in 2027.
  • Specific supply chain issues are mainly in engines, aerostructures, and cabin equipment.
  • The company continues to ramp up towards a production rate of 75 A320 family aircraft per month.
  • Airbus’ half-year results will be disclosed on 30 July 2024.
  • Latest analyst ratings: 20 buys, 5 holds, and 1 sell.

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A look at Airbus Group SE Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
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

According to the Smartkarma Smart Scores, Airbus Group SE appears to have a solid long-term outlook. The company scores high in Growth and Resilience, indicating strong potential for expansion and the ability to withstand challenges. With a Growth score of 5, Airbus Group SE is positioned well for future development and innovation within the aerospace industry. Additionally, a Resilience score of 4 suggests that the company has robust mechanisms in place to navigate economic fluctuations and external pressures.

While the Value and Dividend scores are moderate at 2, Airbus Group SE‘s overall momentum in the market is rated at 3. This indicates a steady trajectory in terms of market performance. With its diversified product range spanning from commercial aircraft to defense systems, Airbus Group SE is positioned as a key player in the aviation and military equipment sectors, potentially offering investors growth opportunities amidst market fluctuations.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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China Gas Holdings (384) Earnings Fall Short: FY Net Income at HK$3.18 Billion vs. Estimate of HK$4.27 Billion

By | Earnings Alerts
  • Net income: HK$3.18 billion (Estimated: HK$4.27 billion)
  • Revenue: HK$81.41 billion (Estimated: HK$88.33 billion)
  • Gross profit margin: 13.9% (Estimated: 14.4%)
  • Natural gas sales: 41.70 billion cubic meters (Estimated: 41.11 billion cubic meters)
  • Final dividend per share: 35 HK cents
  • Analyst recommendations:
    • 16 buys
    • 9 holds
    • 1 sell

A look at China Gas Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
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

China Gas Holdings Ltd., a company that invests in, operates, and manages natural gas distribution pipelines, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a solid score in dividends and momentum, along with decent scores in value and growth, China Gas Holdings is positioned well for the future. Its focus on distributing natural gas to different sectors and operating gas stations provides a stable base for growth.

Despite a slightly lower score in resilience, China Gas Holdings‘ overall outlook remains positive, supported by its strength in dividends and momentum. The company’s strategic investments in natural gas distribution and sales, catering to various user segments, indicate a strong foundation for continued growth and sustainability in the market.

Summary: China Gas Holdings Ltd. invests in, operates and manages natural gas distribution pipelines. The Company distributes and sells natural gas to residential, commercial and industrial users, and bottles and sells compressed natural gas. China Gas also constructs and operates gas stations.


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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Panasonic Corp (6752) Earnings: FY Net Income Forecast Maintained Despite Missing Estimates

By | Earnings Alerts
  • Panasonic maintains its forecast for the fiscal year net income at 310.00 billion yen.
  • Analysts had estimated a higher net income of 335.59 billion yen.
  • Panasonic expects net sales to be 8.60 trillion yen.
  • This net sales forecast fell slightly short of the estimated 8.63 trillion yen.
  • The company projects operating income to be 380.00 billion yen.
  • This operating income forecast is significantly below the estimate of 454.13 billion yen.
  • Analyst ratings include 10 buys, 6 holds, and 1 sell for Panasonic.

A look at Panasonic Corp Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth5
Resilience3
Momentum3
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

Analysts at Smartkarma have given Panasonic Corp glowing ratings across various key factors. With top scores in Value, Growth, and a strong Dividend score, the company looks promising for long-term investors. The high Value rating suggests that Panasonic’s stock may be undervalued relative to its intrinsic worth. Additionally, the impressive Growth score indicates the company’s potential for expansion and increasing market share. Investors seeking steady income could find Panasonic attractive with its solid Dividend score, offering them potential returns.

While Panasonic scored lower in Resilience and Momentum, the overall outlook remains positive. The Resilience score, though not the highest, indicates the company’s ability to weather economic downturns and challenges in the industry. Similarly, the Momentum score, while not the strongest, suggests a steady pace of growth for Panasonic. Considering its wide range of products and global presence, Panasonic Corporation appears to be a robust player in the electric and electronic products 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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Top 10 Highlights from the APAC PE, VC and Startup Ecosystem this Week – 23 Jun 2024

By | Private Markets, Smartkarma Newswire

Top ten highlights from the APAC PE, VC, and startup ecosystem this week:

  1. Hamilton Lane’s Record-Breaking Secondary Fund Raise: Hamilton Lane raised $5.6 billion for its latest secondary fund, surpassing its initial target with support from new and existing investors.
  2. General Catalyst Acquires Venture Highway: US venture capital firm General Catalyst acquired Indian peer Venture Highway, solidifying its presence in the early-stage tech investment landscape.
  3. Chinese Wealthy Families Turn to Hong Kong: Wealthy families in China are opting for Hong Kong as a wealth management hub amid regulatory challenges in Singapore following a high-profile money laundering case.
  4. Shift in Asia Pacific Family Office Strategies: Family offices in the Asia Pacific region are increasing allocations to private equity, drawn by diverse investment opportunities and industry maturation.
  5. Decheng Capital’s Fundraising Plans: Healthcare and life-science investment firm Decheng Capital aims to raise $700 million for its fifth fund, potentially its largest vehicle to date.
  6. WSIB’s Climate-Focused Impact Fund Investment: Washington State Investment Board committed $400 million to TPG Rise Climate II, a fund focusing on climate solutions and carbon reduction through buyout and growth investments.
  7. Maybank Asset Management’s New Fund Launch: Kuala Lumpur-based Maybank Asset Management rolled out the MAMG Premium Brands Fund in collaboration with Swiss investment firm Pictet Asset Management.
  8. Lok Capital Announces Fund Close: New energy asset management platform Lok Capital secured the first close of its inaugural fund, targeting a total of 2 billion yuan in raised funds.
  9. Arrowpoint Investment Partners’ Backing: Asia’s largest hedge fund launch, Arrowpoint Investment Partners, received investment from the Canada Pension Plan Investment Board and a unit of Singapore’s Temasek Holdings.
  10. Partners Group Expands to Hong Kong: Global private investment firm Partners Group established an office in Hong Kong to enhance its private wealth client base in Greater China.

APAC Private Markets Research

Explore latest Insights on APAC Private Markets on Smartkarma


Disclaimer:This article by is general in nature and based on publicly available information and 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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