- JR Central has raised its full-year operating income forecast to 650 billion yen, previously 624 billion yen, closely aligning with the estimation of 651.11 billion yen.
- The company anticipates a net income for the year of 410 billion yen, improving from 392 billion yen, meeting the forecast of 409.07 billion yen.
- JR Central expects net sales to reach 1.79 trillion yen, reflecting previous results and aligning with current estimates.
- The dividend remains projected at 30.00 yen, slightly less than the estimated 30.15 yen.
- Third quarter operating income surged to 218.72 billion yen, a 15% year-over-year increase, surpassing the estimate of 196.72 billion yen.
- Net income for the third quarter climbed to 143.21 billion yen, marking a 16% year-over-year rise, exceeding the expected 125.85 billion yen.
- Third quarter net sales rose to 494.17 billion yen, an 8.5% increase from the previous year, surpassing the estimate of 471.3 billion yen.
- In terms of investment ratings, JR Central has received 8 buy recommendations, 7 hold recommendations, and 1 sell recommendation.
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A look at Central Japan Railway Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.2 |
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
Central Japan Railway Company, a prominent player in the rail transportation sector, appears to have a promising long-term outlook based on its Smartkarma Smart Scores analysis. With a top score in the Value category and a strong Growth score, the company seems well-positioned for sustainable development and success in the future. While its Dividend, Resilience, and Momentum scores are not as high, the solid ratings in Value and Growth indicate a sturdy foundation for Central Japan Railway‘s operations and potential for continued expansion.
Central Japan Railway Company, known for its rail services connecting Tokyo, Osaka, and the Tokai region, diversifies its offerings by also engaging in bus transportation, real estate leasing, as well as operating various businesses such as department stores, hotels, and restaurants. This diversified business model provides the company with multiple revenue streams and a robust platform for growth and stability. Overall, with a strong emphasis on value and growth, Central Japan Railway seems poised to maintain its position as a key player in the transportation and related industries.
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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