Positive Q2 Data of 6 Giant US-listed UK Companies, Bet Bullish?
$AstraZeneca PLC(AZN)$,$SHELL PLC(RYDAF)$,$Linde PLC(LIN)$,$BP PLC(BP)$,$GlaxoSmithKline PLC(GSK)$,$Vodafone Group PLC(VOD)$.
Since Tiger Trade has many users in the UK and Europe area. WallstreetTiger will update a weekly column about UK Star stocks.
The coloum will cover stocks that UK users may care. For example, those British companies which secondary listed in the United States or star companies from specific industries. Please feel free to join to comment YOUR watchlists.
Below updates some positive Q2 performances and forward-looking expectations of 6 famouse listed companies which headquartered in the UK.
Note: Investment is risky, and this article is not a direct stock recommendation. I wish you a happy investment.
1. World's Leading Global Pharmaceutical Company: $AstraZeneca PLC(AZN)$ , Current Market Cap: $191.5 Billion
AstraZeneca is a large-scale Anglo-Swiss joint venture biopharmaceutical enterprise formed by the merger of Sweden's Astra AB and the UK's Zeneca Group PLC on April 6, 1999.
Q2 22 Financial Report Highlight: $AstraZeneca PLC(AZN)$ reported second-quarter net income of $360 million. The Cambridge, Britain-based company said it had profit of 12 cents per share. Earnings, adjusted for non-recurring costs, came to 86 cents per share.The results topped Wall Street expectations.
The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.
The pharmaceutical posted revenue of $10.77 billion in the period.Astrazeneca shares have risen 15% since the beginning of the year. The stock has climbed 17% in the last 12 months.
2. One of the World's Six Largest Petrochemical Company: $SHELL PLC(RYDAF)$ ,$SHELL PLC(SHEL.UK)$ , Current Market Value: $190.8 Billion
Royal Dutch Shell (NYSE: RDS-A, NYSE: RDS-B) was founded in 1890 and is headquartered in Rotterdam, the Netherlands and London, UK. It is currently the world's largest oil company.
Q2 22 Financial Report Highlight: British Shell's reported second-quarter net profit as high as 18 billion US dollars, 5.3 times that of the same period last year,which posted record profits for two consecutive quarters.
In the first half of 2022, as the global economy gradually recovers from the epidemic and the impact of geopolitical conflicts. The company is heavily indebted and increases shareholder dividends.
Looking forward to the third quarter, although the demand for oil and gas may decline, the supply side is still relatively tight, there will be certain support in the future, and the excess profits of oil companies are also expected to continue.
3. World's Largest Industrial Gas Company: $Linde PLC(LIN)$ , Current Market Cap: $138.7 Billion
Linde plc was established in 1879 and is headquartered in Guildford, England, with 72,438 full-time employees. It is the world's largest industrial gas company.
Q2 22 Financial Report Highlight: Linde plc (NYSE:LIN)(FWB:LIN) reported second-quarter 2022 income from continuing operations of $372 million and diluted earnings per share of $0.74.Second-quarter operating profit was $589 million. Adjusted operating profit of $1,988 million was up 8% versus prior year led by higher price, strong volumes and continued productivity initiatives across all segments.
For the third quarter of 2022, Linde expects adjusted diluted earnings per share in the range of $2.85 to $2.95, up 4% to 8% versus prior-year quarter.
4. One of the World's Top Six Largest Petrochemical Company: $BP PLC(BP)$ , Current Market Value: $95.59 Billion
BP p.l.c.. Formerly known as: British Petroleum, later BP abbreviated as the official name), is one of the world's largest private oil companies and one of the world's top ten private enterprise groups. BP is one of the largest petroleum and petrochemical conglomerates in the world.
Q2 22 Financial Report Highlight: BP reported strong Q2 in 2022. The second-quarter adjusted earnings of $2.61 per ADS, beat the Zacks Consensus Estimate of earnings of $2.20 per share and rose from 83 cents reported a year ago.
Total quarterly revenues of $69,506 million surpassed the Zacks Consensus Estimate of $52,891 million.
5. The World's Third Largest Pharmaceutical Company: $GlaxoSmithKline PLC(GSK)$ , Current Market Value: $64.15 Billion
GlaxoSmithKline plc (NYSE: GSK) was founded in 1935 and is headquartered in Brentford, UK, with 97,921 full-time employees. It is the third largest pharmaceutical company in the world after Pfizer and Johnson & Johnson.
Q2 22 Financial Report Highlight: GSK (NYSE:GSK) Q2 sales grew on the back of growth in Specialty Medicines, including HIV, and shingles vaccine Shingrix, prompting the company to raise its FY22 sales outlook.
The company expect full year 2022 sales growth between 6% to 8% (previously 5% to 7%) and Adjusted operating profit growth between 13% to 15% (previously 12% to 14%).
6. The World's Largest Mobile Operator: $Vodafone Group PLC(VOD)$, Current Market Value: $36.37 Billion
Vodafone Group Public Limited Company $VODAFONE GROUP PLC(VOD.UK)$ was established in 1985 and is headquartered in Newbury, Berkshire, UK and Dusseldorf, Germany.
Q2 22 Financial Report Highlight: Vodafone Group Plc Organic service revenue rose 2.5% in the quarter that ended in June, versus the 2.4% gain forecast by analysts surveyed by Bloomberg.
The group reiterated its outlook for 2023 adjusted earnings between 15 billion euros ($15.3 billion) and 15.5 billion euros, and adjusted free cash flow of about 5.3 billion euros.
Vodafone Group Plc (VOD) stock is lower by -21.52% over the last 12 months, and the average rating from Wall Street analysts is a Hold.
How do you like the above mentioned companies?
With Q2 positve earnings, do you believe they can perform well in Q3 2022?
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