- Bridgestone’s full-year net income forecast is 253.00 billion yen, which is below the estimated 359.89 billion yen.
- Projected net sales for the full year are 4.33 trillion yen, falling short of the 4.52 trillion yen estimate.
- The company plans to offer a dividend of 230.00 yen, which is higher than the estimated 225.99 yen.
- In the fourth quarter, Bridgestone reported operating income of 66.19 billion yen.
- Fourth-quarter net income came in at 32.26 billion yen, significantly below the expected 78.8 billion yen.
- Fourth-quarter net sales reached 1.16 trillion yen, surpassing the estimate of 1.12 trillion yen.
- Analyst recommendations for Bridgestone include 5 buys, 9 holds, and 0 sells.
A look at Bridgestone Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
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
Based on the Smartkarma Smart Scores for Bridgestone Corp, the company seems to have a positive long-term outlook. With a strong score of 5 in Dividend, investors might find comfort in potential stable returns from the company. Additionally, scoring 4 in Growth and Momentum indicates a promising trajectory for the company in terms of expansion and market performance. While Value and Resilience scores come in at 3, suggesting a moderate standing in these areas, the overall assessment points towards a company with solid potential for growth and consistent dividend payments.
BRIDGESTONE CORPORATION is a company that focuses on designing, producing, and selling automobile tires. Apart from tires, it also engages in the production and marketing of scales for various applications and sporting goods such as golf equipment, tennis rackets, and bicycles. Operating globally, Bridgestone Corp‘s diversified portfolio positions it as a key player in the automotive and sporting goods industries, with a focus on innovation and market outreach.
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.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
