- JR East’s operating income for the third quarter was 116.95 billion yen, increasing by 9.6% compared to the previous year, but below the estimated 120.49 billion yen.
- The company reported net income of 76.85 billion yen, which is a 13% increase year-over-year, surpassing the expected 69.67 billion yen.
- Net sales were 730.95 billion yen, up by 4.2% from the previous year, yet slightly under the expected 739.28 billion yen.
- For the year, JR East maintains its forecast for operating income at 370.00 billion yen, below the estimated 381.26 billion yen.
- The company continues to forecast net income at 210.00 billion yen, while estimates were 220.57 billion yen.
- JR East projects annual net sales of 2.85 trillion yen compared to the analyst estimate of 2.87 trillion yen.
- The expected dividend remains at 52.00 yen per share, slightly below the estimated 53.46 yen.
- Investment consensus on JR East includes 3 buy ratings, 10 hold ratings, and no sell ratings.
A look at East Japan Railway Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| 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
East Japan Railway Co, a prominent rail transportation provider in the Kanto and Tohoku regions, is positioned for a promising long-term outlook based on its Smartkarma Smart Scores. With a strong Growth score of 5, the company is expected to excel in expanding its operations and revenue streams over time. Additionally, its Value score of 3 indicates a solid foundation in terms of its stock valuation, offering investors potential for favorable returns. Furthermore, the Momentum score of 3 suggests a positive trend in the company’s stock performance.
Although East Japan Railway Co shows areas of strength, such as Growth and Momentum, its Resilience score of 2 signifies a moderate level of resilience to economic fluctuations and uncertainties. The company’s Dividend score of 3 suggests a stable dividend payout, offering investors a consistent income stream. Overall, with a mix of positive and moderate scores across different factors, East Japan Railway Co appears well-positioned to navigate the market dynamics and capitalize on growth opportunities in the rail transportation sector.
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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